Market report, updated

What Is the Price Per Square Foot and Average Days on Market for Lots in the Wayzata School District?

Land search in the school district of Wayzata

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Report prepared by LakeMinnetonkaRealEstate.com
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Land within the Wayzata School District is increasingly rare—and often more valuable than the homes that once stood on it. From the open acreage of Medina and Corcoran to quiet, buildable lots tucked into Plymouth and Wayzata, these parcels offer more than just space—they offer a foundation for legacy living in one of Minnesota’s most sought-after public school systems.

But how do you know what land is really worth in ISD 284? This page breaks down the two numbers that matter most: average price per acre and average days on market. Whether you're building your dream home, holding for future value, or evaluating your current property, this is your high-level snapshot of land activity in the Wayzata School District.

Market at a glance

Over the last 6 months, homes sold for 93.0% of list price in 102 days on average.

Average price, last 12 months

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

List · $95K Sold · $80K
$1.2M$800K$400K$0K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 2 sales in Mar. Last month: 1.

Where the market stands

All homes in this report, by status.

30homes
Active21 · 70%
Under contract3 · 10%
Sold (6 mo)6 · 20%

Buyer's or seller's market?

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

21.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.18M
Under contract$3.9M
Sold$461K

Average days on market

Active348 days
Under contract74 days
Sold102 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 21
Average list price $1,177,680
Avg. days on market 348 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.

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
AddressBedsBathsLiving ft²List price$ / ft²Days on market
TBD Bushaway RoadWayzata, MN 55391 ———$4,995,000—30 days
406 Zachary Lane NPlymouth, MN 55441 ———$4,500,000—1,937 days
480 Highcroft RoadWayzata, MN 55391 ———$3,150,000—42 days
585 Ferndale Road NWayzata, MN 55391 ———$2,595,000—110 days
1625 Blackfoot TrailMedina, MN 55356 ———$2,199,000—90 days
10715 Old Co Rd 15Plymouth, MN 55441 ———$950,000—162 days
2535 Pioneer TrailMedina, MN 55340 ———$799,900—959 days
132 Minnetonka Avenue NWayzata, MN 55391 ———$775,000—139 days
17320 Highway 55Plymouth, MN 55446 ———$699,900—582 days
1405 Hamel RoadMedina, MN 55340 ———$614,900—36 days
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Questions about this market?

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

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Next steps

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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.