Zip 55306 (Burnsville, MN) Housing

The median house value in 55306 Burnsville, MN is $394,200, which is slightly higher than the US median value of $338,100. Although the one-year appreciation rate in the US was 8.27%, the appreciation rate for this area was 6.82%. Therefore, this housing market has not seen as much growth as elsewhere in America over the last year. Despite this, it is still an attractive place to live with a higher than average median house value and that shows that it has potential for further growth in the future.

The median home cost in Burnsville (zip 55306) is $394,200. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Burnsville (zip 55306) is up 11.0%.

Average Age of Homes

- The median age of Burnsville (zip 55306) real estate is 30 years old

The Rental Market in Burnsville (zip 55306)

- Renters make up 31.3% of the Burnsville (zip 55306) population
- 2.4% of houses and apartments in Burnsville (zip 55306), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Burnsville, Minnesota	United States
	6,673.0	139,647,020.0
	34	42
	$394,200	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$10.87	$10.98
	$3,307	$2,690
	62.9%	57.4%
	7.6%	11.2%
	29.5%	31.4%
Vacant Housing
	2.4%	1.9%
	1.5%	0.4%
	1.8%	0.7%
	1.3%	0.4%
	0.5%	3.6%
	0.1%	4.1%
Value of Owner-Occupied Housing
	5.4%	2.6%
	2.0%	2.4%
	4.0%	2.8%
	0.2%	3.9%
	1.1%	4.5%
	1.0%	11.3%
	6.4%	13.0%
	28.5%	20.1%
	31.9%	13.6%
	10.5%	8.3%
	7.7%	9.7%
	0.9%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	24.3%	13.6%
	33.5%	13.2%
	14.6%	14.8%
	24.3%	13.6%
	4.8%	10.0%
	0.6%	4.7%
	2.6%	12.2%

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