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Minnesota State Wire

Friday, September 12, 2025

Median home prices in Wayzata fell to $615,000 in the fourth quarter of 2021

Webp re 10

The median sale price of a home sold in the fourth quarter of 2021 in Wayzata fell by $206,000 while total sales increased by 40%, according to BlockShopper.com.

From October through December of 2021, there were 14 homes sold, with a median sale price of $615,000 - a 25.1% decrease over the $821,000 median sale price for the same period of the previous year. There were 10 homes sold in Wayzata in the fourth quarter of 2020.

The median sales tax in Wayzata for the most recent year with available data, 2019, was $7,696, approximately 1.3% of the median home sale price for the fourth quarter of 2021.

The following table compares Wayzata to other Hennepin County cities with similar median sale prices in the fourth quarter of 2021:

CityOct. - Dec. 2021 Home SalesOct. - Dec. 2020 Home Sales% change (Total Home Sales)Oct. - Dec. 2021 Median Sales PriceOct. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Deephaven14875%$760,000$990,000-23.2%
Tonka Bay6450%$752,750$812,500-7.4%
Medina261485.7%$706,000$669,7505.4%
Edina14564126.6%$653,900$612,5006.8%
Independence136116.7%$625,000$742,500-15.8%
Wayzata141040%$615,000$821,000-25.1%
Shorewood2610160%$590,000$576,0002.4%
Greenwood3250%$570,000$1,471,900-61.3%
Minnetrista4419131.6%$569,845$447,85027.2%
Long Lake41300%$522,000$295,00076.9%
Excelsior62200%$507,500$512,500-1%

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