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Minnesota State Wire

Sunday, September 14, 2025

Home prices increased in Wayzata during the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Wayzata rose by $29,000 while total sales decreased by 31.6%, according to BlockShopper.com.

From July through December of 2020, there were 26 homes sold, with a median sale price of $695,000 - a 4.4% increase over the $666,000 median sale price for the same period of the previous year. There were 38 homes sold in Wayzata in the second half of 2019.

The median sales tax in Wayzata for the most recent year with available data, 2019, was $7,696, approximately 1.1% of the median home sale price for the second half of 2020.

The following table compares Wayzata to other Hennepin County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Minnetonka Beach19-88.9%$1,980,000$1,499,90032%
Tonka Bay710-30%$1,749,000$484,500261%
Greenwood550%$1,150,000$1,070,0007.5%
Excelsior615-60%$702,500$600,00017.1%
Wayzata2638-31.6%$695,000$666,0004.4%
Independence1828-35.7%$687,000$478,25043.6%
Woodland45-20%$665,000$1,175,000-43.4%
Medina4066-39.4%$640,625$580,052.5010.4%
Edina221378-41.5%$600,000$574,7504.4%
Deephaven2848-41.7%$562,500$695,000-19.1%
Orono5293-44.1%$560,000$750,000-25.3%

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