Burnsville, MN is an attractive place to live due to its affordable housing. The median value of housing in Burnsville is $352,200 which is significantly lower than the US house median of $338,100. The appreciation of the housing market in Burnsville is slightly lower than the national average, with a one year appreciation rate of 6.82%. This makes Burnsville a great option for potential homeowners looking for a safe investment. With its relatively low house prices and stable appreciation rate, Burnsville is an excellent choice for anyone interested in purchasing a home.
The median home cost in Burnsville is $352,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Burnsville is up 11.0%.
Average Age of Homes
- The median age of Burnsville real estate is 35 years old
The Rental Market in Burnsville
- Renters make up 32.9% of the Burnsville population
- 0.9% of houses and apartments in Burnsville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.