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Wayzata, MN Real Estate


According to census data in the year 2000 there were 2,047 housing units in Wayzata. This represents a 11.8% growth from 1,831 in 1990.

Of those housing units, 2,047 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wayzata is about 60.4%. Wayzata's vacancy rate, including seasonal lodging, is about 5.8%. Average household size is 2.07 people.

The majority of houses, apartments or condos in Wayzata were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom22%
Two Bedrooms21.80%
Three Bedrooms34%
Four Bedrooms13.10%
Five Bedrooms or more7.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1959
Median Value of occupied units$281,700
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size1.52
Median year structure was built1968
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage8%
Home Equity Loan14%
Simple Mortgage42.90%
Debt Free34.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.3%