What happened to the median home price in Wayzata during April?

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The median sale price of a home sold in April in Wayzata rose by $301,500 while total sales decreased by 44.4 percent, according to BlockShopper.com.

In April, there were five homes sold, with a median sale price of $900,000 - a 50.4 percent increase over the $598,500 median sale price for the same period of the previous year. There were nine homes sold in Wayzata in April 2021.

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

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Tonka Bay14-75$2,007,500$660,000204.2
Minnetonka Beach10-$1,350,000$0-
Greenwood13-66.7$1,302,475$1,325,000-1.7
Orono146133.3$1,275,000$1,335,000-4.5
Wayzata59-44.4$900,000$598,50050.4
Greenfield3250$792,500$380,000108.6
Medina103233.3$670,000$590,00013.6
Edina5455-1.8$627,500$595,0005.5
Deephaven62200$625,000$712,250-12.2
St. Anthony63100$554,950$415,00033.7
Excelsior13-66.7$550,000$739,900-25.7

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