Burnsville, MN Home Values & Market Trends
Real estate market trends reflect that there have been 687 transactions over the past year in Burnsville. The median value for residential home transactions that occurred over the previous year is $368,250.06. The number of current listings in Burnsville is 58, and the percentage of properties for sale in the city is 58.00%. Burnsville, MN currently has 23 properties in foreclosure, 5 bank owned properties, 18 properties headed for auction, and 58 properties for sale.
Burnsville, MN Real Estate Market Overview
Housing Market Summary for Burnsville, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $349.9K | $375K | 7.17% |
| Median Sold Price | $356.7K | $375K | 5.14% |
| Homes For Sale | 65 | 63 | -3.08% |
| Homes Sold | 408 | 378 | -7.35% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Burnsville, MN
Browse Homes in Burnsville, MN
Burnsville home values range from $52,329 to $2,179,555. The median estimated value of a home in Burnsville is $368,250.06. The median list price of a home is 304,900, and the total count of properties in the city is 18,029.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Burnsville, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Burnsville, MN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Burnsville, MN ranges from the highest value of $392,500 in 55337 to the lowest value of $195,683 in 55337. Bank owned homes and properties account for 0.03% of properties in Burnsville, MN. There are 2 zips within Burnsville, MN; 55337 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55337 has 17 auction properties, the highest number of properties going to auction in a single zip in the state of Burnsville, MN. Auction homes and other auction properties account for 0.10% of all properties in Burnsville, MN. There are 2 zips within Burnsville, MN; of those zips, the median estimated home value for homes going to auction ranges from $694,798 in 55306 to the lowest value of $130,247 in 55306.
Compare Nearby Cities
More Real Estate Resources for Burnsville, MN
Guide for Burnsville, MN
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