Burnsville, MN Real Estate
According to census data in the year 2000 there were 24,259 housing units in Burnsville.
This represents a 19.8% growth from 20,244 in 1990.
Of those housing units, 24,196 were located in either urbanized areas or urban clusters, and 63 were located in what is classified as a rural area.
Homeownership rate in Burnsville is about 68.3%.
Burnsville's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Burnsville were built after 1980.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.40% |
| One Bedroom | 14.60% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 28.30% |
| Four Bedrooms | 21.10% |
| Five Bedrooms or more | 5.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $155,900 |
| Median Price asked for vacant units | $133,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $730 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 13.50% |
| Home Equity Loan | 15.20% |
| Simple Mortgage | 58.40% |
| Debt Free | 12.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.9% |
