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Wayzata, MN Housing

 
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As of 2010-2014, median price of a house in Wayzata is $497,000, which is much higher than the state average of $185,200 and is much higher than the national average of $175,700. The Wayzata median house value has grown by 76.43% since 2000. The growth rate for the price of a house in Wayzata is higher than the state average rate of 51.31% and is higher than the national average rate of 46.91%. The median year that a house in Wayzata was built is 1970, which is older than the median year for a house built in the state which is 1975 and is older than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 1,210 Owner Occupied Houses in Wayzata, MN, #12
Wayzata, MN
497,000 USD
Minnesota
185,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #228
Wayzata, MN
76.43%
Minnesota
51.31%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Wayzata, MNMinnesotaU.S.
Total Housing Units2,161, see rank, 100%2,364,149132,741,033
Occupied Housing Units2,019, 93.43%, see rank89.48%87.55%
Owner Occupied1,210, 55.99%, see rank64.51%56.34%
Renter Occupied809, 37.44%, see rank24.96%31.21%
Vacant Housing Units142, 6.57%, see rank10.52%12.45%
For Rent0, 0.00%, see rank1.22%2.34%
For Sale Only0, 0.00%, see rank0.96%1.20%
Rented or Sold, Not Occupied63, 2.92%, see rank0.68%0.92%
For Seasonal, Recreational, or Occasional Use44, 2.04%, see rank5.29%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant35, 1.62%, see rank2.36%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #372
Wayzata, MNMinnesotaU.S.
197019751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Wayzata, MN%MinnesotaU.S.
Owner-Occupied Units1,210100%1,525,20174,787,460
With a Mortgage74761.74%, see rank68.78%65.58%
Without a Mortgage46338.26%, see rank31.22%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Wayzata, MN
2,208 USD
Minnesota
1,526 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsWayzata, MN%MinnesotaU.S.
$299 or Less00.00%, see rank0.18%0.20%
$300 to $49900.00%, see rank1.30%1.59%
$500 to $69991.20%, see rank4.08%5.01%
$700 to $999222.95%, see rank12.50%14.32%
$1,000 to $1,49915721.02%, see rank30.43%27.90%
$1,500 to $1,99913818.47%, see rank25.36%20.35%
$2,000 to $2,99921228.38%, see rank19.32%19.52%
$3,000 or More20927.98%, see rank6.84%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Wayzata, MN
23.60% of the Total Income
Minnesota
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Wayzata, MN%MinnesotaU.S.
10% or Less9512.72%, see rank6.13%5.86%
10% to 20%20427.31%, see rank35.03%31.95%
20% to 30%17823.83%, see rank30.01%27.64%
30% to 40%7510.04%, see rank12.88%13.74%
40% or More19526.10%, see rank15.67%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Wayzata, MN
816 USD
Minnesota
475 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsWayzata, MN%MinnesotaU.S.
$199 or Less91.94%, see rank4.45%7.76%
$200 to $29900.00%, see rank10.96%14.70%
$300 to $4996814.69%, see rank39.99%34.63%
$500 to $6999119.65%, see rank27.38%21.16%
$700 or More29563.71%, see rank17.23%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Wayzata, MN
16.20% of the Total Income
Minnesota
11.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Wayzata, MN%MinnesotaU.S.
10% or Less16335.21%, see rank43.57%40.19%
10% to 20%12527.00%, see rank31.28%31.47%
20% to 30%429.07%, see rank11.58%12.24%
30% to 40%153.24%, see rank5.05%5.64%
40% or More10823.33%, see rank7.69%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Wayzata, MNMinnesotaU.S.
Total Housing Units2,161, 100%2,364,149132,741,033
1-unit, Detached1,019, 47.15%, see rank67.25%61.65%
1-unit, Attached264, 12.22%, see rank7.45%5.82%
2 Units26, 1.20%, see rank2.34%3.75%
3 or 4 Units40, 1.85%, see rank2.08%4.43%
5 to 9 Units14, 0.65%, see rank2.23%4.78%
10 or More Units798, 36.93%, see rank15.14%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank3.52%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Wayzata, MNMinnesotaU.S.
Total Housing Units2,161, 100%2,364,149132,741,033
1 Room6, 0.28%, see rank1.54%1.95%
2 Rooms79, 3.66%, see rank2.83%2.48%
3 Rooms351, 16.24%, see rank9.20%9.13%
4 Rooms380, 17.58%, see rank14.05%16.60%
5 Rooms168, 7.77%, see rank15.52%20.41%
6 Rooms183, 8.47%, see rank14.98%18.06%
7 Rooms236, 10.92%, see rank12.86%12.27%
8 Rooms267, 12.36%, see rank11.01%8.48%
9 Rooms or More491, 22.72%, see rank18.01%10.60%
Median Rooms6.00, see rank6.005.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Wayzata, MNMinnesotaU.S.
Total Housing Units2,161, 100%2,364,149132,741,033
No Bedroom6, 0.28%, see rank1.76%2.17%
1 Bedroom448, 20.73%, see rank11.71%11.16%
2 Bedrooms698, 32.30%, see rank26.64%26.69%
3 Bedrooms556, 25.73%, see rank34.15%39.70%
4 Bedrooms257, 11.89%, see rank19.81%16.05%
5 or More Bedrooms196, 9.07%, see rank5.94%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Wayzata, MNMinnesotaU.S.
Total Housing Units2,019, 100%2,115,337116,211,092
Utility Gas1,476, 73.11%, see rank66.78%48.85%
Bottled, Tank, or LP Gas19, 0.94%, see rank10.05%4.86%
Electricity412, 20.41%, see rank16.13%36.68%
Fuel Oil, Kerosene, etc.56, 2.77%, see rank2.62%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood0, 0.00%, see rank2.55%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel17, 0.84%, see rank1.17%0.47%
No Fuel Used39, 1.93%, see rank0.65%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalWayzata, MNMinnesotaU.S.
Occupied Units Paying Rent763, 100%562,19839,201,928
$199 or Less13, 1.70%, see rank2.46%1.50%
$200 to $29945, 5.90%, see rank4.66%3.18%
$300 to $49952, 6.82%, see rank9.32%7.37%
$500 to $69938, 4.98%, see rank17.06%16.01%
$700 to $999343, 44.95%, see rank33.30%29.17%
$1,000 to $1,499172, 22.54%, see rank23.49%26.88%
$1,500 to $1,99942, 5.50%, see rank7.02%9.79%
$2,000 or More58, 7.60%, see rank2.69%6.10%
Median$905, see rank$835$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Wayzata, MNMinnesotaU.S.
Occupied Housing Units2,019, 100%2,115,337116,211,092
No Vehicles Available165, 8.17%, see rank7.25%9.12%
1 Vehicles Available730, 36.16%, see rank30.11%33.80%
2 Vehicles Available800, 39.62%, see rank40.67%37.48%
3 or More Vehicles Available324, 16.05%, see rank21.97%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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