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Condo Foreclosures in Wayzata, MN

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Wayzata, MN Foreclosures

How much do homes sell for in Wayzata, MN?
The average home price is currently $1,508,434.
In Wayzata, MN, how many homes are available?
There are currently 1 active home listings available in Wayzata.
What’s the average rental cost in Wayzata, MN?
The average rental price in Wayzata is $2,771.
What is the most expensive home in Wayzata?
The most expensive home sold in Wayzata had a price of $16,967,200.
What is currently the cheapest priced home in Wayzata, MN?
The cheapest home for sale in Wayzata is priced at $20,334.

Living in Wayzata, MN

Wayzata, located on the shores of Lake Minnetonka, is known for its charming waterfront and vibrant downtown area. Offering a mix of upscale dining, boutique shopping, and stunning lake views, Wayzata is a desirable location for families and professionals alike. The community prides itself on its excellent school system and numerous parks, making it an ideal spot for outdoor activities.

Current Market Conditions in Wayzata, MN

The Wayzata real estate market has shown consistent growth over the past year, with increasing home values driven by demand for properties near Lake Minnetonka. Buyers are drawn to the area's combination of luxury homes, good schools, and vibrant community life.

This trend shows no signs of slowing down as Wayzata continues to attract families and professionals looking for a suburban lifestyle with urban conveniences. More new constructions and renovations are taking place, indicating a thriving market.

Home Value Estimator For Wayzata, MN

There are currently 6,246 real estate properties in Wayzata, MN, with a median automated valuation model (AVM) price of $938,793.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Wayzata, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Wayzata, MN, is $1,508,434.00, with the most expensive house in Wayzata, MN, topping out at $16,967,200.00 and the cheapest home in Wayzata, MN, clocking in at $20,334.00. In other words, there’s something for every potential homebuyer or savvy investor in Wayzata, MN!

Rent Prices In Wayzata, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Wayzata, MN, is on a rollercoaster ride. The average rent price in Wayzata, MN, is $2,771.00. Indeed, when looking to rent in Wayzata, MN, you can expect to pay as little as $710.00 or as much as $4,510.00, with the average rent median estimated to be $2,820.00. The good news is that finding an affordable and desirable property to rent in Wayzata, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Wayzata, MN Condos

Market Trend for Wayzata, MN

Total Listings Available: 1

Market Values:

Home Prices from $20,334 to $16,967,200

Average Sales Price: $1,508,434

Rental Values:

Rental from $710 to $4,510

Average Rent Value: $2,771 / month

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