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Sarah Mitchell

CNESRESABR

Compass Real Estate · Burnsville, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Burnsville, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Burnsville, MN Housing Market & Real Estate

Strong seller's market+8.4% YoY

Housing market overview · Updated monthly ·

$420,000median sale price

How is the Burnsville, MN housing market right now?

The median home sale price in Burnsville, MN is $420,000, up 8.4% year-over-year. Homes sell in an average of 19 days with 116 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Burnsville a buyer's or seller's market?

Strong seller's market1.5 months of supply19 avg. days on market

Burnsville, MN is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 19 days. How we determine this →

Homes sold

75

Last 12 weeks

Days on market

19

Fast-moving

Active listings

116

1.5 months supply

Sale-to-list

101.8%

Above asking

What does the Burnsville housing market data show?

Current housing market statistics for Burnsville, MN
MetricValue
Median sale price$420,000
Median list price$389,000
Year-over-year price change+8.4%
Average days on market19 days
Active inventory116 listings
Months of supply1.5 months
Sale-to-list price ratio101.8%
Median price per sq ft$182/sq ft
Homes sold (latest month)75
New listings (latest month)95
Listings with a price cut37.1%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Burnsville by property type?

How the Burnsville, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Burnsville, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$471,250$185/sq ft4412 days
Townhouse$271,500$182/sq ft2830 days

Source: Redfin · Updated monthly

The Burnsville housing market is currently classified as a strong seller's market with a median sale price of $420,000. Prices have risen 8.4% compared to last year, with homes spending an average of 19 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.

Homes for sale in Burnsville

There are currently 116 homes listed for sale in Burnsville, Minnesota. The median listing price is $389K. Featured listings range from $199,000 to $795,000.

3 bedroom townhouse for sale at 695 E Burnsville Pkwy Unit 19 Burnsville 55337 - $199,000
New Listing
33
$199,000

695 E Burnsville Pkwy Unit 19

Burnsville, MN 55337

3 bd2 ba1,224 sqft$163/ft²
Townhouse

Douglas Bredeson · Lakes Area Realty

View photos & details
2 bedroom townhouse for sale at 12975 Harriet Ave S Burnsville 55337 - $215,000
New Listing
17
$215,000

12975 Harriet Ave S

Burnsville, MN 55337

2 bd2 ba1,292 sqft$166/ft²
Townhouse1,437 sqft lot
View photos & details
2 bedroom townhouse for sale at 13613 Heather Hills Dr Burnsville 55337 - $225,000
New Listing
28
$225,000

13613 Heather Hills Dr

Burnsville, MN 55337

2 bd2 ba1,500 sqft$150/ft²
Townhouse1,002 sqft lot
View photos & details
New Listing
$240,000

1705 Riverwood Dr

Burnsville, MN 55337

2 bd2 ba1,175 sqft$204/ft²
Townhouse
View photos & details
2 bedroom townhouse for sale at 1811 Knox Dr Burnsville 55337 - $249,900
New Listing
21
$249,900

1811 Knox Dr

Burnsville, MN 55337

2 bd1 ba1,008 sqft$248/ft²
Townhouse4,269 sqft lot
View photos & details
2 bedroom townhouse for sale at 902 Evergreen Dr Burnsville 55337 - $255,000
New Listing
26
$255,000

902 Evergreen Dr

Burnsville, MN 55337

2 bd2 ba1,644 sqft$155/ft²
Townhouse10,498 sqft lot
View photos & details
2 bedroom condo for sale at 12501 Nicollet Ave Unit 417 Burnsville 55337 - $269,900
New Listing
18
$269,900

12501 Nicollet Ave Unit 417

Burnsville, MN 55337

2 bd1 ba1,191 sqft$227/ft²
Condo
View photos & details
3 bedroom townhouse for sale at 14618 Hampshire Pl Burnsville 55306 - $299,000
New Listing
37
$299,000

14618 Hampshire Pl

Burnsville, MN 55306

3 bd2 ba1,722 sqft$174/ft²
Townhouse1,742 sqft lot
View photos & details
3 bedroom townhouse for sale at 13303 Morgan Ave S Burnsville 55337 - $325,000
New Listing
22
$325,000

13303 Morgan Ave S

Burnsville, MN 55337

3 bd3 ba2,019 sqft$161/ft²
Townhouse
View photos & details
5 bedroom house for sale at 2506 Terrace Dr Burnsville 55337 - $424,900
New Listing
25
$424,900

2506 Terrace Dr

Burnsville, MN 55337

5 bd3 ba2,238 sqft$190/ft²
House13,373 sqft lot
View photos & details
5 bedroom house for sale at 12102 Red Oak Ct S Burnsville 55337 - $425,000
New Listing
42
$425,000

12102 Red Oak Ct S

Burnsville, MN 55337

5 bd2 ba2,149 sqft$198/ft²
House13,416 sqft lot
View photos & details
4 bedroom house for sale at 14704 White Oak Dr Burnsville 55337 - $795,000
New Listing
67
$795,000

14704 White Oak Dr

Burnsville, MN 55337

4 bd4 ba4,432 sqft$179/ft²
House26,175 sqft lot
View photos & details

Looking to buy in Burnsville?

Get connected with a local real estate expert — free, no obligation.

Active listings

116

Homes on market

Median list price

$389K

Avg. days on market

19

Days until sale

New this week

95

Newly listed

Price drops:37.1%of listings
Sale-to-list:101.8%

Who lives in Burnsville?

Population

64,295

Median income

$83,953/yr

Median age

36.9 years

Owner-occupied

66.5%

College grads

39.9%

Avg commute

23.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Burnsville?

Zillow home value

$375,754

Zillow rent index

$1,486/mo

Price-to-rent ratio

21.1x

Price-to-income

4.5x

Source: Zillow Research

What is it like to live in Burnsville?

Burnsville is a community of approximately 64K residents with a median age of 36.9 years.The median household income is $83,953, which reflects a relatively affluent area with strong earning potential. 39.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 66.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Burnsville offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Burnsville?

17 schools tracked · 6,543 students

The largest public schools serving Burnsville, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Burnsville High School

Grades 9-12 · 2,100 students

Public

ECHO PARK LEADERSHIP ENGINEER/TECH

Grades PK-5 · 765 students

Public

Joseph Nicollet Middle School

Grades 6-8 · 748 students

Public

WILLIAM BYRNE ELEMENTARY

Grades PK-5 · 569 students

Public

SKY OAKS ELEMENTARY

Grades PK-5 · 459 students

Public

EDWARD NEILL ELEMENTARY

Grades PK-5 · 357 students

Public

GIDEON POND ELEMENTARY

Grades PK-5 · 352 students

Public

VISTA VIEW ELEMENTARY

Grades PK-5 · 330 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Burnsville, MN?

Want a head-to-head view? Compare Burnsville side-by-side with any other U.S. city using our market-comparison tool.

Which ZIP codes are in Burnsville?

Is Burnsville a good real estate investment market?

For investors evaluating Burnsville, the price-to-rent ratio of 21.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Burnsville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Burnsville's median home price.

Frequently asked questions

What is the average home price in Burnsville?

The median home sale price in Burnsville is $420,000, up 8.4% from last year.

How long do homes stay on market in Burnsville?

Homes typically spend 19 days on market before going under contract.

What is the median income in Burnsville?

The median household income is $83,953 per year.

Is Burnsville a buyer's or seller's market?

With 1.5 months of supply, Burnsville is currently a strong seller's market.

How many homes are for sale in Burnsville?

There are currently 116 homes listed for sale in Burnsville, MN.

What is the Zillow home value estimate for Burnsville?

The Zillow Home Value Index (ZHVI) for Burnsville is $375,754, representing the typical home value in the area.

How much does a single-family home cost in Burnsville?

The median single-family home price in Burnsville, MN is $471,250 (about $185 per square foot).

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