Housing in Burnsville, MN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$351,250

Median List Price

$365,000

Price Per Sq Ft

$169

Days on Market

55

Active Inventory

72

Months of Supply

2.6

Seller's market

Zillow Home Value

$356,093

ZHVI — January 2026

Zillow Rent Index

$1,477

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 8.3%List Price 2.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

39.0%

Sale-to-List Ratio

98.3%

Buyer's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
39.0%
Listings with Price Drops
26.4%

Market Activity

Source: Redfin

Homes Sold

28

New Listings

37

Pending Sales

41

Homes Sold 47.2%New Listings 32.7%Pending 34.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$169

Median List $/SF

$179

Sale $/SF 5.6%List $/SF 7.8%Mar 24Jan 26

Burnsville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Burnsville is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$335,100

Median Rent

$1,501

Total Housing Units

26,783

Vacancy Rate

3.5%

Owner Occupied

66.5%

Renter Occupied

33.5%

Median Property Tax

$3,298

per year

Monthly Cost (w/ Mortgage)

$1,597

Housing Types

Single Family
64.0%
Multi-Family
34.0%
Mobile Home
2.1%

The current median sale price in Burnsville, MN is $351,250 according to Redfin data. Homes spend a median of 55 days on the market. 25.0% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $169. Zillow's observed rent index is $1,477/month. About 66.5% of housing units are owner-occupied. The median year homes were built is 1981. There are 26,783 total housing units.