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North Hennepin News

Wednesday, November 6, 2024

Wayzata home prices rise in 2018

Realestate2

The median sale price of a home sold in 2018 in Wayzata rose by $100,000 while total sales increased by 31.9%, according to BlockShopper.com.

From January through December of 2018, there were 91 homes sold, with a median sale price of $720,000 - a 16.1% increase over the $620,000 median sale price for the previous year. There were 69 homes sold in Wayzata in 2017.

The median sales tax in Wayzata for the most recent year with available data, 2015, was $6,115, approximately 0.8% of the median home sale price for 2018.

The following table compares Wayzata to other Hennepin County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Woodland13128.3%$1,300,000$1,222,5006.3%
Minnetonka Beach218162.5%$1,208,500$1,677,500-28%
Greenwood219133.3%$1,020,000$975,0004.6%
Wayzata916931.9%$720,000$620,00016.1%
Deephaven80748.1%$675,000$590,00014.4%
Tonka Bay30300%$675,000$482,00040%
Orono2112033.9%$670,000$527,50027%
Medina14911430.7%$650,000$627,6003.6%
Excelsior34326.3%$526,750$445,00018.4%
Edina8047477.6%$520,000$527,000-1.3%
Independence685523.6%$499,000$439,50013.5%

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