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Heart of the City (Downtown)

BURNSVILLE, MN 55337

Real Estate Market Report  ·  Dakota County
Buyer's Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55337

Heart of the City (Downtown)

Market Analysis

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

The BURNSVILLE, MN real estate market (55337) currently shows 139 active listings, with 71 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 32 days on market compared to 22 days last year.

The median listing price has fallen 7.2% year-over-year, from $312,500 to $290,000.

Whether you are buying or selling in BURNSVILLE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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
139
⇧ 13% vs 123 last year
Pending
71
51% pending ratio
Median Price
$290,000
⇩ 7.2% vs $312,500 last year
Average Price
$319,980
⇧ 1.6% vs $314,874 last year
Days on Market
32
⇧ 45.5% vs 22 days last year

Price Per Square Foot

Median $/sqft
$169
vs $169/sqft last year
Median Home Size
1,551 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 139 this year vs 123 last year
  • Days on market: 32 now vs 22 last year

Median & Average Pricing

Year over Year
  • Median: $290,000 (-7.2% YoY)
  • Average: $319,980 (+1.6% 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 April 2026, there are 139 active listings in BURNSVILLE, MN (zip code 55337), compared to 123 the prior year.

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

The median listing price in BURNSVILLE, MN 55337 is $290,000 as of April 2026, a 7.2% decrease from $312,500 the prior year.

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

Homes in BURNSVILLE, MN 55337 spend an average of 32 days on the market before going under contract, compared to 22 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 April 2026, BURNSVILLE, MN 55337 is currently a Buyer's Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 32 days on market compared to 22 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 $5,800 compared to a typical 5% commission on the median listing price of $290,000. 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.