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Heart of the City (Downtown)

BURNSVILLE, MN 55337

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 55337

Heart of the City (Downtown)

Market Analysis

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

The BURNSVILLE, MN real estate market (55337) currently shows 100 active listings, with 45 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 39 days last year.

The median listing price has risen 18.8% year-over-year, from $252,500 to $299,950.

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
100
⇧ 35.1% vs 74 last year
Pending
45
45% pending ratio
Median Price
$299,950
⇧ 18.8% vs $252,500 last year
Average Price
$315,827
⇧ 16.1% vs $272,043 last year
Days on Market
31
⇩ 20.5% vs 39 days last year

Price Per Square Foot

Median $/sqft
$162
⇩ 4.1% vs $169/sqft last year
Median Home Size
1,621 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 100 this year vs 74 last year
  • Days on market: 31 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $299,950 (+18.8% YoY)
  • Average: $315,827 (+16.1% 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 — 912 listings ($528,019,138 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55337Burnsville, MN 553370.0 mi82$24,152,198$270,000$294,539
55431Minneapolis, MN 554313.9 mi22$9,055,420$399,900$411,610
55124Saint Paul, MN 551244.2 mi95$36,264,445$297,500$381,731
55378Savage, MN 553784.5 mi75$40,982,850$450,000$546,438
55425Minneapolis, MN 554254.9 mi15$3,957,810$319,000$263,854
55423Minneapolis, MN 554236.9 mi68$19,539,392$315,000$287,344
55435Minneapolis, MN 554357.3 mi39$11,873,121$147,450$304,439
55439Minneapolis, MN 554398.3 mi26$21,893,846$517,450$842,071
55120Saint Paul, MN 551209.1 mi9$6,367,392$336,000$707,488
55044Lakeville, MN 550449.3 mi260$164,129,940$599,265$631,269
55372Prior Lake, MN 553729.6 mi99$97,086,825$775,000$980,675
55344Eden Prairie, MN 553449.7 mi25$7,177,225$249,900$287,089
55347Eden Prairie, MN 5534710.1 mi97$85,538,674$638,950$881,842

Frequently Asked Questions

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

As of February 2026, there are 100 active listings in BURNSVILLE, MN (zip code 55337), compared to 74 the prior year.

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

The median listing price in BURNSVILLE, MN 55337 is $299,950 as of February 2026, a 18.8% increase from $252,500 the prior year.

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

Homes in BURNSVILLE, MN 55337 spend an average of 31 days on the market before going under contract, compared to 39 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 February 2026, BURNSVILLE, MN 55337 is currently a Balanced Market. Inventory has increased compared to last year, with 26 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 39 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 $5,999 compared to a typical 5% commission on the median listing price of $299,950. 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.