Wayzata, MN
Full City Profile · Minnesota · Carver County County
3.2
/5.0
B
Good
4,363
Population
1,412/sq mi density
$125,344
Median Income
$128,742 per capita
$1,047,400
Home Value
$892,238 Zillow
$1,507
Median Rent
31.4% income on rent
45°F
Avg Temperature
270 sunny days/yr
15
Violent Crime/100K
1,494 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$125,344 median income, 0.7% unemployment
D
Affordability
1.9 / 5.0
$1,047,400 home value, $1,507/mo rent
F
Safety
1.0 / 5.0
15 violent crimes/100K
A+
Education
5.0 / 5.0
72.2% bachelor's degree or higher
Housing Overview
Median Home Value
$1,047,400
272% above
US avg: $281,900
Median Rent
$1,507/mo
30% above
US avg: $1,163/mo
Homeownership Rate
60.3%
8% below US avg (65.4%)
Total Housing Units
2,557
Median year built: 1983
Home Value by Source
Census Median
$1,047,400
Zillow (ZHVI)
$892,238
Median Sale Price
$457,500
Median List Price
$1,167,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
60.3%
Owner-Occupied
39.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,507/mo
· Zillow rent:
$1,648/mo
Market Indicators (Redfin)
Median Days on Market
89 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
13.3%
of listings with price reduction
Price Per Sq Ft
$311
Active Inventory
30
homes for sale
Affordability & Housing Stock
Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
60.3%
Complete Housing Data
Home Values
| Census Median Value | $1,047,400 |
| Zillow Home Value (ZHVI) | $892,238 |
| Median Sale Price | $457,500 |
| Median List Price | $1,167,500 |
| Price Per Sq Ft | $311 |
Rent
| Census Median Rent | $1,507 |
| Zillow Rent (ZORI) | $1,648 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 89 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 13.3% |
| Homes Sold | 2 |
| Active Inventory | 30 |
| Price Per Sq Ft | $311 |
Ownership & Stock
| Owner-Occupied | 60.3% |
| Renter-Occupied | 39.7% |
| Homeownership Rate | 60.3% |
| Total Housing Units | 2,557 |
| Median Year Built | 1983 |
| Rent Burden | 31.4% |
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