Is Burnsville, MN 55337 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Burnsville is a seller’s market. With about 2.1 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score76/ 100

More competitive than 81% of U.S. ZIP codes, and #89 of 296 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.1Under 4 months = seller’s market
Sold above original list36.1%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market23Listing to accepted offer
Median price per sq ft$180▲ +3.1% vs. last year

Nearby markets

Burnsville 55306Seller’s market $187 /sq ftFarmington 55024Seller’s market $192 /sq ftHampton 55031Buyer’s market $192 /sq ftHastings 55033Seller’s market $187 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology