Sign In Register

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
60%
40%
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 Market89
Sale-to-List Ratio0.9%
Price Drops13.3%
Homes Sold2
Active Inventory30
Price Per Sq Ft$311

Ownership & Stock

Owner-Occupied60.3%
Renter-Occupied39.7%
Homeownership Rate60.3%
Total Housing Units2,557
Median Year Built1983
Rent Burden31.4%