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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 Type2.40%
One Bedroom14.60%
Two Bedrooms28.40%
Three Bedrooms28.30%
Four Bedrooms21.10%
Five Bedrooms or more5.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1979
Median Value of occupied units$155,900
Median Price asked for vacant units$133,400

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1981
Median Monthly Rent asked for vacant units$730

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage13.50%
Home Equity Loan15.20%
Simple Mortgage58.40%
Debt Free12.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%