Burnsville Real Estate Market Report: November 2025

In November 2025, the median sale price in Burnsville was $390,000, up 0.8% from a year earlier.

Median Sales Price
$390,000
+0.8% vs. November 2024
Homes for Sale
111
-7.5% vs. November 2024
Months Supply
2.1
+0% vs. November 2024
Seller's market
Days on Market
56
+21.7% vs. November 2024
Closed Sales
31
-38% vs. November 2024
Percent of Original List Received
98%
+1 pts vs. November 2024

What this means

Home values are holding steady within one percent of last year, with a median sale price of $390,000.

Homes are selling 10 days longer than last year, averaging 56 days on market, and sellers are receiving 98% of their original asking price.

The area is currently a seller's market with 2.1 months of supply. Active inventory is down 8% from last year to 111 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

Common questions about the Burnsville market

Is Burnsville a buyer's or seller's market?

Burnsville was a seller's market in November 2025, with 2.1 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 111 homes for sale.

How fast are homes selling in Burnsville?

Homes that sold in November 2025 spent an average of 56 days on market, 10 days slower than a year earlier. Sellers received 98% of their original list price on average.

Are home prices going up in Burnsville?

Yes. The median sale price rose 0.8% year over year to $390,000. Price per square foot moved the other way (from $176 to $169), which suggests the change mostly reflects the mix of homes sold.

Market trends in Burnsville

Burnsville monthly market data
MonthMedian sale priceClosed salesDays on marketMonths supply
August 2024$375,00078352.4
September 2024$375,00056322.6
October 2024$389,00059412.6
November 2024$387,00050462.1
December 2024$362,50054551.4
January 2025$287,45038681.4
February 2025$350,00031701.4
March 2025$337,50058511.5
April 2025$342,50056501.7
May 2025$387,50076311.8
June 2025$390,00065372
July 2025$410,00062282.3
August 2025$380,00063382.7
September 2025$368,75056412.2
October 2025$375,00055502.5
November 2025$390,00031562.1

How Burnsville compares with the Twin Cities region

In November 2025, the median sale price in Twin Cities (16-County Region) was $387,000, up 2.9% from a year earlier.

Read the November 2025 regional report

More to explore

Data: NorthstarMLS Local Market Update via 10K Research, published August 24, 2026.

Report published .

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