Wayzata home prices fall in October 2020

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The median sale price of a home sold in October 2020 in Wayzata fell by $286,000 while total sales decreased by 16.7%, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $497,000 - a 36.5% decrease over the $783,000 median sale price for the same period of the previous year. There were six homes sold in Wayzata in October 2019.

The median sales tax in Wayzata for the most recent year with available data, 2019, was $7,696, approximately 1.5% of the median home sale price for October 2020.

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

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Golden Valley824-66.7%$441,000$326,25035.2%
Maple Grove1762-72.6%$421,000$327,45028.6%
Eden Prairie1464-78.1%$406,250$370,0009.8%
St. Anthony13-66.7%$380,000$317,50019.7%

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