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Wayzata housing market, May 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of June 5, 2026. See the newest report (September 2026)

  • Median sale price$1.17M−4.7% vs. May 2025
  • Homes sold12+50.0% vs. May 2025
  • Days on market134May 2026
  • Months of supply5.7end of May 2026

The short version

Wayzata in May 2026

In May 2026, 12 homes sold in Wayzata, against 8 in May 2025.

The median sale price was $1,167,000, down 4.7% from a year earlier, and homes spent 134 days on market, with sellers receiving 96.3% of their original list price.

The month ended with 45 homes for sale, 5.7 months of supply.

Over the 12 months through May 2026, the median was $1,150,000 (up 2.2%) across 83 sales.

That was the 2nd highest median sale price of the 81 cities in our guides with at least 10 sales that month.

Median sale price by month through May 2026, Wayzata
02000k4000kOct 2024Feb 2025Jun 2025Oct 2025Mar 2026May 2026$413,600Oct 2024$413,600Nov 2024$1,036,750Dec 2024$899,990Jan 2025$1,050,000Feb 2025$1,347,500Mar 2025$1,175,000Apr 2025$940,000May 2025$1,225,000Jun 2025$1,190,000Jul 2025$2,100,000Aug 2025$808,000Sep 2025$1,361,000Oct 2025$2,370,000Nov 2025$882,500Dec 2025$1,349,000Feb 2026$457,500Mar 2026$1,246,000Apr 2026$1,025,000$1,167,000May 2026$1,167,000

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$413,600
Nov 2024$1,036,750
Dec 2024$899,990
Jan 2025$1,050,000
Feb 2025$1,347,500
Mar 2025$1,175,000
Apr 2025$940,000
May 2025$1,225,000
Jun 2025$1,190,000
Jul 2025$2,100,000
Aug 2025$808,000
Sep 2025$1,361,000
Oct 2025$2,370,000
Nov 2025$882,500
Dec 2025$1,349,000
Feb 2026$457,500
Mar 2026$1,246,000
Apr 2026$1,025,000
May 2026$1,167,000

All the numbers

Wayzata, May 2026 vs. May 2025

May 202612 months through May 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$1,225,000$1,167,000−4.7%$1,125,000$1,150,000+2.2%
Average sale price$1,228,500$1,486,411+21.0%$1,414,591$1,556,517+10.0%
Price per square foot$500$597+19.3%$482$513+6.4%
Closed sales812+50.0%7883+6.4%
New listings1720+17.6%149167+12.1%
Days on market53134+152.8%8598+15.3%
% of original list price received98%96.3%−1.7%96.5%95.9%−0.6%
Homes for sale (end of month)5145−11.8%———
Months of supply7.75.7−26.0%———
Twin Cities region, median price$395,000$399,000+1.0%$385,000$390,000+1.3%

Source: Minneapolis Area REALTORS® Local Market Update, Wayzata, May 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of June 5, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Wayzata in May 2026: questions

What was the median home price in Wayzata, MN in May 2026?

$1,167,000, from 12 sales (down 4.7% from May 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Wayzata, MN in May 2026?

12, against 8 in May 2025. 20 new listings came on the market that month.

Was Wayzata a buyer's or seller's market in May 2026?

Wayzata ended May 2026 with 5.7 months of supply (45 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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