Burnsville, MN

Seller's market+6.4% YoY

Housing market overview · Updated weekly

$372,374median sale price

Homes sold

44

Last 12 weeks

Days on market

47

Average pace

Active listings

102

2.3 months supply

Sale-to-list

98.0%

Below asking

The Burnsville housing market is currently classified as a seller's market with a median sale price of $372,374. Prices have risen 6.4% compared to last year, with homes spending an average of 47 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Burnsville?

The median home sale price in Burnsville is $372,374, up 6.4% from last year.

How long do homes stay on market in Burnsville?

Homes typically spend 47 days on market before going under contract.

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

With 2.3 months of supply, Burnsville is currently a seller's market.

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