Burnsville, MN 55337 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Burnsville, MN — 55337
Market Hotness
77
Hotness Rank
#2,453
Hotness Score
77
Supply Score
93
Demand Score
61
DOM vs US
-25.0%
Faster
Price vs US
75%
Below avg
Median Listing Price
$323K
Population
47,633
Households
178,879
Median Days on Market
28
Active Listings
86
New Listings
84
Housing Market
Pricing
Median Listing Price
$323K
-13.1% YoY
Average Listing Price
$335K
-1.1% YoY
Price per Sq Ft
$164
+0.1% YoY
Median Sq Ft
1,769
-7.4% YoY
Inventory
Active Listings
86
+47.0% YoY
New Listings
84
+23.5% YoY
Total Listings
158
+26.5% YoY
Buyer Competition
Pending Listings
70
+3.7% YoY
Pending Ratio
0.81
-34.0% YoY
Median Days on Market
28
-13.9% YoY
Price Reduced
12.4%
-0.3% 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
47,633
-1.0% 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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