The story of this market
The typical home in ZIP 55337 sells for about $339,000, or $185 per square foot.
Prices are up +29.17% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,476 a month.
ZIP 55337 — Burnsville
The 55337 housing market shows strong price appreciation and faster turnover compared to the previous year. While inventory remains tight, the market is supported by steady demand and its strategic location within the Twin Cities metro area.
This ZIP is well-suited for families seeking suburban stability, commuters utilizing the I-35 corridor, and first-time buyers looking for accessible entry points into the Twin Cities housing market.
Median prices moved up 29.2% year over year.
Homes spend a median of 38 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 10.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55337, Dakota County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Burnsville generally experiences crime rates consistent with suburban Minneapolis-St. Paul averages, with property crime being the primary concern. Local law enforcement maintains active community engagement programs to address neighborhood safety trends.
The area is served by Burnsville-Eagan-Savage School District 191, which offers a diverse range of academic and extracurricular programs. Schools in the district generally maintain moderate performance ratings with ongoing initiatives to improve student outcomes.
The region faces standard Midwestern climate risks, including severe thunderstorms and winter weather events. Flood risk is generally low, though localized areas near the Minnesota River valley require standard hazard monitoring.
Burnsville serves as a major commercial hub for the southern metro area, anchored by retail corridors and proximity to major employment centers in Bloomington and Minneapolis. Infrastructure development focuses on maintaining transit connectivity and revitalizing aging commercial districts.
Property taxes are determined by Dakota County and the City of Burnsville, incorporating levies for school districts and special taxing jurisdictions. The tax structure is based on market value assessments conducted annually by the county assessor.
Residents benefit from direct access to I-35W and I-35E, providing efficient transit to downtown Minneapolis and St. Paul. Public transit options include express bus services operated by Minnesota Valley Transit Authority.
The ZIP features extensive access to outdoor amenities, including Alimagnet Park, Crystal Lake, and numerous community trails. Shopping and dining are concentrated along the Burnsville Parkway and County Road 42 corridors.
The rental market is characterized by steady demand driven by proximity to regional employment hubs. Vacancy rates remain low, and the presence of multi-family developments provides a range of options for renters.
The local economy is anchored by retail, healthcare, and professional services. Major employers include the Burnsville-Eagan-Savage School District and various regional corporate offices located along the I-35 corridor.
The area is served by a robust network of highways and regional bus transit. Infrastructure planning prioritizes the maintenance of arterial roads and expansion of transit-oriented development.
Development efforts are focused on the Heart of the City project and the revitalization of older commercial properties. Zoning updates are periodically reviewed to encourage higher-density residential growth.
The Dakota County Assessor's office conducts annual market value assessments for all residential properties. Property owners may appeal assessments through the local board of appeal and equalization process.
Parcels are subject to levies from the Burnsville-Eagan-Savage School District, Dakota County, and the City of Burnsville. Special taxing districts may apply for specific infrastructure or utility improvements.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk. Market health remains stable with competitive options available for homeowners.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Mall of America®4.65.6 mi
- Valleyfair4.29 mi
- Great Wolf Lodge | Minnesota3.95.9 mi
- Nickelodeon Universe4.55.6 mi
- Edinborough Park4.66.5 mi
- U.S. Bank Stadium4.613.7 mi
- Grand Casino Arena4.614.3 mi
- Minneapolis Convention Center4.513.4 mi
- Minnesota State Fair4.714.7 mi
- Canterbury Park4.510.6 mi
- Mall of America®4.65.6 mi
- Minnesota Zoo4.63.6 mi
- Valleyfair4.29 mi
- Minneapolis Institute of Art4.812.6 mi
- Great Wolf Lodge | Minnesota3.95.9 mi
- Minneapolis Institute of Art4.812.6 mi
- Science Museum of Minnesota4.614.2 mi
- University of Minnesota Landscape Arboretum4.818.1 mi
- Union Depot4.514.8 mi
- Walker Art Center4.513.3 mi
- Centennial Lakes Park4.76.9 mi
- Lake Harriet Regional Park4.810.7 mi
- Edinborough Park4.66.5 mi
- Lebanon Hills Regional Park4.87.1 mi
- Hidden Falls Regional Park4.69.7 mi
- Your Boat Club Prior Lake4.76.1 mi
- The Minikahda Club4.411.9 mi
- Braemar Golf Course4.48.5 mi
- Hiawatha Golf Course3.810 mi
- Legends Golf Club4.78.2 mi
- Stonebrooke Golf Club4.312.5 mi
- Mall of America®4.65.6 mi
- Twin Cities Premium Outlets4.53.8 mi
- Karmel Mall4.112 mi
- Asia Mall4.310.1 mi
- Southdale Center4.27.8 mi
- Minneapolis-Saint Paul International Airport4.48 mi
- Shoyu3.77.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large community park featuring sports fields, trails, and a dog park.
Popular local lake for fishing, boating, and recreational activities.
Major regional shopping mall serving the southern metro area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.