Real Estate Market Update for Burnsville, MN
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 44% from one year earlier, and down 26% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 17%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 260-thousand dollars. The number of units sold increased 17% year-over-year, and increased 12% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Burnsville, MN

Area Information for Burnsville, MN
  • Population: 61,713
  • Median Age: 38.3 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 2,481/sq mi
  • Population Change Since 2000: 2.62%
  • Closest Airport: Minneapolis-st Paul International/wold-chamberlain
  • Closest College: Northwestern Health Sciences University
  • Closest Jr. College: Normandale Community College
  • Median Household Income: $66,015
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $281,000
  • Closest Major Sports Team: Minnesota Vikings
  • Change Avg. Household Income Since 2000: 19.33%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Burnsville, MN
Median Age: 38.3 Married: 40% Number of Households: 24,826 Households with Children: 6,994
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Burnsville, MN

      School Name Distance Type Grades School Rating Parent Rating
      Sky Oaks Elementary School 0.8 mi Public K-6 0 0
      Good Shepherd Lutheran School 0.9 mi Private PRESCHOOL-8 0 0
      Nicollet Middle School 1.0 mi Public 6-8 1 0
      Csma Academy Of Fine Arts 1.0 mi Private PRESCHOOL-8 0 0
      Vista View Elementary School 1.3 mi Public K-5 1 0
      Echo Park Elementary School 1.3 mi Public K-5 1 0
      Diamondhead Ready To Learn 1.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Bes Transition Program 1.4 mi Public 12-12 0 0
      Early Education Program & Services 1.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      917 D/hoh Gideon Pond Elementary School 1.4 mi Public PRESCHOOL-11 0 0
      Gideon Pond Elementary School 1.4 mi Public K-5 2 0
      Edward Neill Elementary School 1.5 mi Public K-6 1 0
      Woodpark Montessori 1.5 mi Private PRESCHOOL-PRESCHOOL 0 0
      Southview Christian School 1.9 mi Private PRESCHOOL-8 0 0
      Learners Center 2.0 mi Public 4-12 0 0
      American Montessori Inc (the) 2.0 mi Private PRESCHOOL-3 0 0
      Burnsville Senior High School 2.5 mi Public 10-12 2 3
      Gateway Stem Academy Charter School 2.8 mi Public K-5 0 0
      William Byrne Elementary School 3.8 mi Public K-5 1 0
      Sioux Trail Elementary School 4.3 mi Public K-5 2 0
      River Hills Early Childhood Ct 4.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      Metcalf Middle School 4.6 mi Public 6-8 1 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.
      Local Weather for Burnsville, MN
        Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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