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Wayzata Market Report

Search in the county of Hennepin, in the city of Wayzata

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Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 97.0% of list price in 92 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $2.69M Sold · $2.49M
$4.1M$3M$1.9M$800K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 24 sales in Jun. Last month: 22.

Where the market stands

All homes in this report, by status.

313homes
Active100 · 32%
Under contract22 · 7%
Sold (12 mo)191 · 61%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$3.65M
Under contract$2.88M
Sold$1.68M

Average days on market

Active85 days
Under contract192 days
Sold92 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 100
Average list price $3,652,748
Avg. days on market 85 days
Avg. price per ft² $734 Based on 89 of 100 homes
Avg. living area 4,466 ft² Based on 89 of 100 homes
Avg. beds / baths 3.7 / 4.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

11 homes didn’t report living area and aren’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$30M$20M$10M$0

Price vs. living area: 88 homes plotted, up to $30M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

11 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

372 Ferndale Road S$2,133
1480 Bracketts Point Road$1,921
2731 Gale Road$1,852
2770 Gale Road$1,724
358 Ferndale Road S$1,658
201 Lake Street E Unit 111$1,532
201 Lake Street E Unit 104$1,451

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2770 Gale RoadWayzata, MN 55391 81828,990$50,000,000$1,724265 days
372 Ferndale Road SWayzata, MN 55391 71012,420$26,500,000$2,13330 days
2731 Gale RoadWayzata, MN 55391 7913,495$25,000,000$1,85273 days
1480 Bracketts Point RoadWayzata, MN 55391 778,636$16,595,000$1,921111 days
358 Ferndale Road SWayzata, MN 55391 489,921$16,450,000$1,658175 days
1225 Shoreline DriveWayzata, MN 55391 676,385$7,895,000$1,23619 days
1365 Bracketts Point RoadWayzata, MN 55391 ———$6,250,000—111 days
2505 Cedar Point DriveWayzata, MN 55391 469,683$6,000,000$619257 days
326 Ferndale Road WWayzata, MN 55391 5712,139$5,922,000$48748 days
2412 Lafayette RoadWayzata, MN 55391 555,731$5,900,000$1,02929 days
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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.