Burnsville, Minnesota Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Burnsville, Minnesota
2 ZIPs in this city:
55306
55337
Market Hotness
79
Hotness Rank
--
Hotness Score
79
Supply Score
93
Demand Score
65
DOM vs US
-25.9%
Faster
Price vs US
87%
Below avg
Median Listing Price
$353K
Population
64,463
Households
178,879
Median Days on Market
27
Active Listings
121
New Listings
122
Housing Market
Pricing
Median Listing Price
$353K
-8.3% YoY
Average Listing Price
$387K
+3.4% YoY
Price per Sq Ft
$175.57
+2.4% YoY
Median Sq Ft
1,867
-7.8% YoY
Inventory
Active Listings
121
+44.0% YoY
New Listings
122
+22.0% YoY
Total Listings
224
+34.1% YoY
Buyer Competition
Pending Listings
98
+12.6% YoY
Pending Ratio
0.81
-22.2% YoY
Median Days on Market
27
-5.9% YoY
Price Reduced
13.9%
+10.9% YoY
FY2026 Fair Market Rent — Dakota County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,242
/month
1 BR
$1,405
/month
2 BR
$1,709
/month
3 BR
$2,262
/month
4 BR
$2,531
/month
FMR Trends — Dakota County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
38.6
2024
Population
Total Population
64,463
+0.3% YoY
Dakota County Population
453,156
+1.0% YoY
Households
Total Housing Units
178,879
+1.4% YoY
Age
2024 Age Mix
446K
residents
Under 18
106,823
24.0%
Adults 18–64
268,161
60.2%
65 & Over
70,787
15.9%
Age Composition Over Time
2017–2024
Population Under 18
106,823
-0.1% YoY
Population 65 & Over
70,787
+4.2% YoY
Median Age
38.60
+0.5% YoY
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