Comprehensive market data and analysis• Updated Dec 2025
48.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 2 |
| 1-2 acres | - | - | 1 | 7 |
| 2-5 acres | - | 1 | 2 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 12 |
Acreage buckets
The median price for land in Wayzata, Minnesota is currently $1.0M per acre. For a typical parcel, the median sale price is $944K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $445K while premium lots reached $3.1M.
Wayzata, Minnesota is currently a strong buyer's market with 48.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Wayzata, Minnesota currently has 48.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Over the past 12 months, Wayzata, Minnesota saw 12 properties sold, totaling $18.9M in sales volume. In just the last 3 months, 1 properties changed hands.
There are currently 16 active listings in Wayzata, Minnesota. 6 new listings have hit the market in the last 90 days. The median asking price is $788K.
Land in Wayzata, Minnesota typically sells within 99 days of listing. The median time on market is 68 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Wayzata, Minnesota is 2.1% (3-month basis), indicating slow demand. The top-performing broker in this market is Coldwell Banker Realty.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
