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Minnesota State Wire

Friday, September 12, 2025

Wayzata home prices fall in the second quarter of 2018

Realestate077

The median sale price of a home sold in the second quarter of 2018 in Wayzata fell by $18,400 while total sales decreased by 5.6%, according to BlockShopper.com.

From April through June of 2018, there were 17 homes sold, with a median sale price of $600,000 - a 3% decrease over the $618,400 median sale price for the same period of the previous year. There were 18 homes sold in Wayzata in the second quarter of 2017.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 1% of the median home sale price for the second quarter of 2018.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in the second quarter of 2018:

CityApr. - June 2018 Home SalesApr. - June 2017 Home Sales% change (Total Home Sales)Apr. - June 2018 Median Sales PriceApr. - June 2017 Median Sales Price% change (Median Sales Price)
Excelsior10911.1%$726,750$350,000107.6%
Greenwood9580%$680,000$975,000-30.3%
Medina443815.8%$643,750$629,7502.2%
Woodland24-50%$641,000$1,106,250-42.1%
Deephaven1722-22.7%$632,000$637,250-0.8%
Wayzata1718-5.6%$600,000$618,400-3%
Edina210232-9.5%$541,750$545,000-0.6%
Hanover440%$494,444$418,00018.3%
Minnetrista6094-36.2%$461,000$377,50022.1%
Independence1523-34.8%$450,000$409,9009.8%
Shorewood463821.1%$417,450$437,000-4.5%

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