Market report, updated October 22, 2026

Wayzata Lots and Land Market Report

Land search in the city of Wayzata

Create your own market report

Report prepared by LakeMinnetonkaRealEstate.com

(952) 473-1000

Wayzata Real Estate > Wayzata Market Report > Wayzata Lots and Land Market Report

Wayzata Lots and Land Market Report

This report follows lots and land marketed with a Wayzata, Minnesota MLS city designation. The statistics and active, pending and sold listing tables are generated from the current MLS data; the closed-sale table covers the preceding 12 months.

How to Read This Market

Vacant-land statistics do not capture every teardown opportunity: some building sites are listed as houses. Compare lot area, topography, access, utilities, zoning and legal development potential.

Explore related property listings or return to the Wayzata overall market report.

Market at a glance

Over the last 12 months, homes sold for 98.0% of list price in 74 days on average.

Average price, last 12 months

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

List · $542K Sold · $1.59M

$1.6M$1.2M$800K$400K

OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

1 O

0 N

0 D

0 J

0 F

0 M

2 A

1 M

0 J

3 J

0 A

0 S

Peak: 3 sales in Jul. Last month: 0.

Where the market stands

All homes in this report, by status.

Buyer's or seller's market?

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

10.0months of inventory

Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$2.66M

Under contract$3.9M

Sold$1M

Average days on market

Active99 days

Under contract82 days

Sold74 days

Browse homes by status

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

Active homes

Currently for sale

Homes for sale 10

Average list price $2,661,000

Avg. days on market 99 days

Avg. price per ft² Not enough data

Avg. living area Not enough data

Avg. beds / baths Not enough data

Price vs. living area

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

Not enough data to chart this.

How long homes have been listed

Number of homes by days on market.

0 0–30 days

4 31–90

6 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 0 homes in this status.

Not enough data to chart this.

All active listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
1365 Bracketts Point RoadWayzata, MN 55391	—	—	—	$6,250,000	—	118 days
TBD Bushaway RoadWayzata, MN 55391	—	—	—	$4,995,000	—	38 days
480 Highcroft RoadWayzata, MN 55391	—	—	—	$3,150,000	—	50 days
585 Ferndale Road NWayzata, MN 55391	—	—	—	$2,595,000	—	118 days
3705 N Shore DriveWayzata, MN 55391	—	—	—	$2,300,000	—	50 days
1610 Shadywood RoadWayzata, MN 55391	—	—	—	$2,300,000	—	50 days
36XX N Shore DriveWayzata, MN 55391	—	—	—	$1,495,000	—	125 days
2308 Huntington Point Road EWayzata, MN 55391	—	—	—	$1,400,000	—	175 days
1445 Fox StreetWayzata, MN 55391	—	—	—	$1,350,000	—	118 days
132 Minnetonka Avenue NWayzata, MN 55391	—	—	—	$775,000	—	147 days

Under contract homes

Pending and contingent sales

Homes under contract 3

Average list price $3,895,000

Avg. days on market 82 days

Avg. price per ft² Not enough data

Avg. living area Not enough data

Avg. beds / baths Not enough data

Price vs. living area

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

Not enough data to chart this.

Days on market before going under contract

Number of homes by days on market.

0 0–30 days

2 31–90

1 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 0 homes in this status.

Not enough data to chart this.

All under contract listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
555 Bushaway RoadWayzata, MN 55391	—	—	—	$5,595,000	—	38 days
535 Bushaway RoadWayzata, MN 55391	—	—	—	$5,395,000	—	38 days
1202 La Salle StreetWayzata, MN 55391	—	—	—	$695,000	—	169 days

Sold homes

Closed in the last 12 months

Homes sold 7

Average sold price $1,001,428

Avg. days to sell 74 days Based on 6 of 7 homes

Sold vs. list price 98.0% Based on 6 of 7 homes

Avg. price per ft² Not enough data

Avg. living area Not enough data

Price vs. living area

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

Not enough data to chart this.

How long homes took to sell

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

1 0–30 days

3 31–90

2 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

Not enough data to chart this.

Highest price per ft²

Top 0 homes in this status.

Not enough data to chart this.

Sold price vs. list price

How close homes sold to their asking price.

50% sold at or above asking

1 home didn’t report both a list and a sold price and isn’t shown.

1 Under 95%

2 95–98%

0 98–100%

2 100–102%

1 Over 102%

All sold listings

Click a column to sort

Address	Beds	Baths	Living ft²	Sold price	Sold / list	$ / ft²	Days to sell
3700 Casco AvenueWayzata, MN 55391	—	—	—	$3,200,000	—	—	—
128 Peavey LaneWayzata, MN 55391	—	—	—	$1,135,000	95.0%	—	69 days
45 Smith AveWayzata, MN 55391	—	—	—	$650,000	92.9%	—	41 days
16307 Mcginty Road WWayzata, MN 55391	—	—	—	$635,000	97.7%	—	33 days
XXXX ORCHARD PARK RDWayzata, MN 55391	—	—	—	$550,000	100.0%	—	141 days
2022 Holy Name DriveWayzata, MN 55391	—	—	—	$430,000	100.0%	—	134 days
1921 Fagerness Point RoadWayzata, MN 55391	—	—	—	$410,000	102.5%	—	23 days

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

LakeMinnetonkaRealEstate.com

Call (952) 473-1000

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

County

City

School district

Beds

Baths

Price

Max List Price

Property Type Home Condo Townhouse Land

Advanced Search

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.