Quantcast

Minnesota State Wire

Sunday, September 14, 2025

Wayzata home prices fall in July 2020

Webp re 5

The median sale price of a home sold in July 2020 in Wayzata fell by $325,000 while total sales decreased by 40%, according to BlockShopper.com.

In July 2020, there were three homes sold, with a median sale price of $825,000 - a 28.3% decrease over the $1,150,000 median sale price for the same period of the previous year. There were five homes sold in Wayzata in July 2019.

The median sales tax in Wayzata for the most recent year with available data, 2019, was $7,696, approximately 0.9% of the median home sale price for July 2020.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Tonka Bay10-$2,235,000$0-
Excelsior13-66.7%$1,150,000$333,000245.3%
Wayzata35-40%$825,000$1,150,000-28.3%
Deephaven511-54.5%$671,000$798,500-16%
Medina515-66.7%$600,000$645,000-7%
Independence46-33.3%$564,950$434,514.5330%
Edina4682-43.9%$542,500$594,950-8.8%
Greenfield24-50%$480,750$206,875132.4%
Orono1319-31.6%$480,000$625,000-23.2%
Minnetrista1019-47.4%$440,825$368,00019.8%
Minnetonka4392-53.3%$431,000$410,0005.1%