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Heart of the City (Downtown)

BURNSVILLE, MN 55337

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55337

Heart of the City (Downtown)

Market Analysis

Data as of September 2026. Source: Realtor.com.

The BURNSVILLE, MN real estate market (55337) currently shows 165 active listings, with 37 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 41 days on market compared to 38 days last year.

The median listing price has risen 10.5% year-over-year, from $309,900 to $342,350.

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Market Context

Market Context

Population: 47,697  ·  Density: 983.9/mi²  ·  Median household income: $83,575

Typical home value: $308,366  ·  Homeownership: 69.3%

Market Overview

Active Listings
165
⇧ 13.8% vs 145 last year
Pending
37
22% pending ratio
Median Price
$342,350
⇧ 10.5% vs $309,900 last year
Average Price
$329,591
⇧ 0.7% vs $327,313 last year
Days on Market
41
⇧ 7.9% vs 38 days last year

Price Per Square Foot

Median $/sqft
$170
⇧ 1.2% vs $168/sqft last year
Median Home Size
1,839 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 165 this year vs 145 last year
  • Days on market: 41 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $342,350 (+10.5% YoY)
  • Average: $329,591 (+0.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.1 miles — 1,053 listings ($617,359,159 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55337Burnsville, MN 553370.0 mi100$31,582,700$299,950$315,827
55431Minneapolis, MN 554313.9 mi27$10,739,844$385,500$397,772
55124Saint Paul, MN 551244.2 mi109$40,274,737$321,225$369,493
55378Savage, MN 553784.5 mi87$48,081,333$451,944$552,659
55425Minneapolis, MN 554254.9 mi16$4,443,408$306,225$277,713
55423Minneapolis, MN 554236.9 mi70$20,602,190$308,700$294,317
55435Minneapolis, MN 554357.3 mi49$17,061,849$172,450$348,201
55439Minneapolis, MN 554398.3 mi31$26,309,545$628,700$848,695
55120Saint Paul, MN 551209.1 mi9$8,676,720$450,000$964,080
55044Lakeville, MN 550449.3 mi302$198,942,500$605,858$658,750
55372Prior Lake, MN 553729.6 mi117$109,222,893$749,431$933,529
55344Eden Prairie, MN 553449.7 mi35$12,250,560$283,425$350,016
55347Eden Prairie, MN 5534710.1 mi101$89,170,880$639,725$882,880

Frequently Asked Questions

How many homes are for sale in BURNSVILLE, MN 55337?

As of September 2026, there are 165 active listings in BURNSVILLE, MN (zip code 55337), compared to 145 the prior year.

What is the median home price in BURNSVILLE, MN 55337?

The median listing price in BURNSVILLE, MN 55337 is $342,350 as of September 2026, a 10.5% increase from $309,900 the prior year.

How long do homes stay on the market in BURNSVILLE, MN?

Homes in BURNSVILLE, MN 55337 spend an average of 41 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in BURNSVILLE, MN 55337?

Based on current inventory and days-on-market data as of September 2026, BURNSVILLE, MN 55337 is currently a Buyer's Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 41 days on market compared to 38 days last year.

How much can I save on real estate commission in BURNSVILLE, MN?

With SELL123.com's maximum 3% commission, sellers in BURNSVILLE, MN 55337 save an estimated $6,847 compared to a typical 5% commission on the median listing price of $342,350. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.