Is Wayzata, MN 55391 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Wayzata is a seller’s market. With about 3.5 months of supply and 12% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.5Under 4 months = seller’s market

Sold above original list11.8%Share of sales, last 3 months

Median sale-to-list97.5%Sold price ÷ list price

Median days on market44Listing to accepted offer

Median price per sq ft$340▲ +4.1% vs. last year

Run the numbers for 55391

Prefilled for 55391Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55391Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Champlin 55316Seller’s market $201 /sq ft Dayton 55327Seller’s market $214 /sq ft Eden Prairie 55344Seller’s market $217 /sq ft Eden Prairie 55346Seller’s market $211 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology