
695 E Burnsville Pkwy Unit 19
Burnsville, MN 55337
Douglas Bredeson · Lakes Area Realty
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Housing market overview · Updated monthly ·
$420,000median sale price
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.)
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
| Metric | Value |
|---|---|
| Median sale price | $420,000 |
| Median list price | $389,000 |
| Year-over-year price change | +8.4% |
| Average days on market | 19 days |
| Active inventory | 116 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 75 |
| New listings (latest month) | 95 |
| Listings with a price cut | 37.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How the Burnsville, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $471,250 | $185/sq ft | 44 | 12 days |
| Townhouse | $271,500 | $182/sq ft | 28 | 30 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.
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.

Burnsville, MN 55337
Douglas Bredeson · Lakes Area Realty

Burnsville, MN 55337

Burnsville, MN 55337
Burnsville, MN 55337

Burnsville, MN 55337

Burnsville, MN 55337

Burnsville, MN 55337

Burnsville, MN 55306

Burnsville, MN 55337

Burnsville, MN 55337

Burnsville, MN 55337

Burnsville, MN 55337
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Active listings
116
Homes on market
Median list price
$389K
Avg. days on market
19
Days until sale
New this week
95
Newly listed
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
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
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.
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
ECHO PARK LEADERSHIP ENGINEER/TECH
Grades PK-5 · 765 students
Joseph Nicollet Middle School
Grades 6-8 · 748 students
WILLIAM BYRNE ELEMENTARY
Grades PK-5 · 569 students
SKY OAKS ELEMENTARY
Grades PK-5 · 459 students
EDWARD NEILL ELEMENTARY
Grades PK-5 · 357 students
GIDEON POND ELEMENTARY
Grades PK-5 · 352 students
VISTA VIEW ELEMENTARY
Grades PK-5 · 330 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Want a head-to-head view? Compare Burnsville side-by-side with any other U.S. city using our market-comparison tool.
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.
The median home sale price in Burnsville is $420,000, up 8.4% from last year.
Homes typically spend 19 days on market before going under contract.
The median household income is $83,953 per year.
With 1.5 months of supply, Burnsville is currently a strong seller's market.
There are currently 116 homes listed for sale in Burnsville, MN.
The Zillow Home Value Index (ZHVI) for Burnsville is $375,754, representing the typical home value in the area.
The median single-family home price in Burnsville, MN is $471,250 (about $185 per square foot).
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