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Burnsville housing market, March 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of April 7, 2026. See the newest report (September 2026)

  • Median sale price$380K+12.6% vs. March 2025
  • Homes sold50−13.8% vs. March 2025
  • Days on market62March 2026
  • Months of supply2.1end of March 2026

The short version

Burnsville in March 2026

In March 2026, 50 homes sold in Burnsville, against 58 in March 2025.

The median sale price was $379,875, up 12.6% from a year earlier, and homes spent 62 days on market, with sellers receiving 99.5% of their original list price.

The month ended with 115 homes for sale, 2.1 months of supply (a seller’s market by the usual measure).

Over the 12 months through March 2026, the median was $380,000 (up 2.7%) across 633 sales.

That was the 39th highest median sale price of the 71 cities in our guides with at least 10 sales that month.

Median sale price by month through March 2026, Burnsville
200k300k400k500kOct 2024Jan 2025Apr 2025Jul 2025Oct 2025Jan 2026Mar 2026$389,000Oct 2024$389,000Nov 2024$387,000Dec 2024$362,500Jan 2025$287,450Feb 2025$350,000Mar 2025$337,500Apr 2025$342,500May 2025$387,500Jun 2025$390,000Jul 2025$410,000Aug 2025$380,000Sep 2025$370,000Oct 2025$375,000Nov 2025$390,000Dec 2025$383,000Jan 2026$355,000Feb 2026$375,000$379,875Mar 2026$379,875

Single months can swing when few homes sell.

Show as a table
YearMedian price
Oct 2024$389,000
Nov 2024$387,000
Dec 2024$362,500
Jan 2025$287,450
Feb 2025$350,000
Mar 2025$337,500
Apr 2025$342,500
May 2025$387,500
Jun 2025$390,000
Jul 2025$410,000
Aug 2025$380,000
Sep 2025$370,000
Oct 2025$375,000
Nov 2025$390,000
Dec 2025$383,000
Jan 2026$355,000
Feb 2026$375,000
Mar 2026$379,875

All the numbers

Burnsville, March 2026 vs. March 2025

March 202612 months through March 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$337,500$379,875+12.6%$370,000$380,000+2.7%
Average sale price$331,079$364,272+10.0%$357,544$374,055+4.6%
Price per square foot$177$171−3.3%$176$179+1.7%
Closed sales5850−13.8%679633−6.8%
New listings83106+27.7%867895+3.2%
Days on market5162+21.6%3946+17.9%
% of original list price received99.1%99.5%+0.4%98.8%98.9%+0.1%
Homes for sale (end of month)83115+38.6%———
Months of supply1.52.1+40.0%———
Twin Cities region, median price$380,000$380,0000.0%$381,900$390,000+2.1%

Source: Minneapolis Area REALTORS® Local Market Update, Burnsville, March 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of April 7, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Burnsville in March 2026: questions

What was the median home price in Burnsville, MN in March 2026?

$379,875, from 50 sales (up 12.6% from March 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

How many homes sold in Burnsville, MN in March 2026?

50, against 58 in March 2025. 106 new listings came on the market that month.

Was Burnsville a buyer's or seller's market in March 2026?

Burnsville ended March 2026 with 2.1 months of supply (115 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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