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Minnesota State Wire

Friday, September 12, 2025

Wayzata median home prices fell by 12.2% in 2021

Webp re 8

The median sale price of a home sold in 2021 in Wayzata fell by $87,500 while total sales decreased by 2.1%, according to BlockShopper.com.

From January through December of 2021, there were 46 homes sold, with a median sale price of $632,500 - a 12.2% decrease over the $720,000 median sale price for the previous year. There were 47 homes sold in Wayzata in 2020.

The median sales tax in Wayzata for the most recent year with available data, 2019, was $7,696, approximately 1.2% of the median home sale price for 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Medina87870%$762,600$600,00027.1%
Tonka Bay231735.3%$733,000$800,000-8.4%
Spring Park1013-23.1%$712,500$648,5009.9%
Edina56150511.1%$685,000$575,00019.1%
Independence464015%$647,875$573,577.5013%
Wayzata4647-2.1%$632,500$720,000-12.2%
Minnetrista143145-1.4%$560,000$480,00016.7%
Shorewood8099-19.2%$537,500$503,5006.8%
Excelsior221915.8%$480,000$680,000-29.4%
Minnetonka5014872.9%$470,000$422,00011.4%
Eden Prairie60845533.6%$454,000$415,0009.4%

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