Home prices
The median home in Wayzata is valued at $523,600. Compared to its nearby areas this is about $40,580 (7%) lower.Compared to the rest of the country it is roughly $306,100 (140%) higher, and compared to the city of Minneapolis it is approximately $272,000 (108%) higher.
Rents
Wayzata's median monthly rent is $1,163. It is roughly $331 (22%) lower in comparison to its surrounding areas.It is about $101 (9%) higher in comparison to the nation as a whole, and it is roughly $136 (13%) higher compared to the city of Minneapolis.
Nearby places
Deephaven
Deephaven is Wayzata's neighbor to the south. Real estate prices there are a little more expensive. The median home in Deephaven is valued at $570,700, which is $47,100 (8%) higher than Wayzata. The rent there is substantially more expensive. In Deephaven the median monthly rent is $2,219, which works out to $1,056 (47%) higher than Wayzata.
Orono
Orono is Wayzata's neighbor to the west. The housing prices there are a bit more expensive. Orono's median home value is $680,100, which is $156,500 (23%) higher than Wayzata. The rent there is somewhat more expensive. The median monthly rent in Orono is $1,460, which works out to $297 (20%) higher than Wayzata.
Minnetonka
Minnetonka is Wayzata's neighbor to the southeast. The housing prices there are significantly less expensive. The median home in Minnetonka is valued at $347,900, which is $175,700 (50%) lower than Wayzata. Its rents are a little more expensive. The median rent in Minnetonka is $1,428 a month, which is $265 (18%) higher than Wayzata.
Long Lake
Long Lake is about 2 miles northwest from Wayzata. Its housing prices are a lot less expensive. Long Lake's median home cost is $289,100, which is $234,500 (81%) lower than Wayzata. Rents there are a little less expensive. Long Lake's median rent is $961 per month, which is $202 (21%) lower than Wayzata.
Greenwood
Greenwood is approximately 3 miles southwest of Wayzata. The housing prices there are substantially more expensive. Greenwood's median home price is $933,100, which works out to $409,500 (43%) higher than Wayzata. The rent there is a bit more expensive. In Greenwood the median rent is $1,400 per month, which works out to $237 (16%) higher than Wayzata.
