Burnsville, MN 55306 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Burnsville, MN — 55306
Market Hotness
81
Hotness Rank
#1,843
Hotness Score
81
Supply Score
94
Demand Score
69
DOM vs US
-26.8%
Faster
Price vs US
100%
Below avg
Median Listing Price
$430K
Population
16,830
Households
178,879
Median Days on Market
26
Active Listings
35
New Listings
38
Housing Market
Pricing
Median Listing Price
$430K
+2.3% YoY
Average Listing Price
$517K
+12.4% YoY
Price per Sq Ft
$204
+7.9% YoY
Median Sq Ft
2,109
-8.3% YoY
Inventory
Active Listings
35
+42.9% YoY
New Listings
38
+18.8% YoY
Total Listings
66
+56.0% YoY
Buyer Competition
Pending Listings
28
+47.4% YoY
Pending Ratio
0.80
+2.5% YoY
Median Days on Market
26
+31.3% YoY
Price Reduced
17.5%
+5.4% 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
ZIP Population
16,830
+3.9% 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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