There are currently 17,784 real estate properties in Burnsville, MN, with a median automated valuation model (AVM) price of $367,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Burnsville, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Burnsville, MN, is $370,608.00, with the most expensive house in Burnsville, MN, topping out at $7,084,000.00 and the cheapest home in Burnsville, MN, clocking in at $68,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Burnsville, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Burnsville, MN, is on a rollercoaster ride. The average rent price in Burnsville, MN, is $1,716.00. Indeed, when looking to rent in Burnsville, MN, you can expect to pay as little as $700.00 or as much as $4,240.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Burnsville, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Burnsville, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Burnsville, MN and much more. Save thousands at closing with home foreclosure listings in Burnsville, MN — up to 75% off market value!
Burnsville is located in Dakota, Minnesota, with an estimated municipal population of 61,339 residents. All of the best foreclosed homes for sale in Burnsville are located in the following zip code areas on Foreclosure.com: 55306 55337. The estimated population per square kilometer (.62 miles) in Burnsville is 953.
So, about how much do homes cost in Burnsville? The most recent median value of resident-owned homes in Burnsville is 246,023. An estimated 64.2 percent of households in Burnsville own their homes, with an average family size of 3.01. The median household income in Burnsville is 73,529, with33.3 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Burnsville, the median commute time of resident workers (in minutes) is 24.3. And last, but certainly not least, are you looking for homes to rent in Burnsville? If so, the average rent price paid by renters in Burnsville is 1,228, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Burnsville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Burnsville is 36.8, split between 47.9 percent male versus 52.1 female. The percentage of residents who report being married in Burnsville is 49.2, with an average family size of 3.01.
The percentage of residents who report their race in Burnsville is as follows:
|Black / African American||13.8%|
|American Indian / Alaskan Native||0.1%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Burnsville? Or maybe you are searching for 55+ active adult communities in and/or near Burnsville?
The percentage of residents who report their age in Burnsville is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Burnsville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Burnsville.
How do you know that living in -- or moving to -- Burnsville is right where you need to be? Perhaps you grew up in Burnsville or already live nearby; therefore, the decision to buy a home in Burnsville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Burnsville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Burnsville:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Burnsville.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Burnsville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Burnsville, meanwhile, can field multiple offers from more qualified buyers.
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