From January through June of 2019, there were 417 homes sold, with a median sale price of $260,000. There were 449 homes sold in Burnsville in the first half of 2018, and the median sales price for the period was also $260,000.
The median sales tax in Burnsville for 2019 was $3,033. In 2018, the median sales tax was $2,898. This marks an increase of 4.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.
The following table compares Burnsville to other Dakota County cities with similar median sales prices in the first half of 2019:
City | Jan. - June 2019 Home Sales | Jan. - June 2018 Home Sales | % change (Total Home Sales) | Jan. - June 2019 Median Sales Price | Jan. - June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Eagan | 491 | 516 | -4.8% | $290,000 | $250,500 | 15.8% |
Randolph | 10 | 8 | 25% | $288,500 | $268,750 | 7.3% |
Rosemount | 222 | 174 | 27.6% | $275,000 | $259,950 | 5.8% |
Apple Valley | 437 | 428 | 2.1% | $263,900 | $255,500 | 3.3% |
Hampton | 5 | 5 | 0% | $261,000 | $215,000 | 21.4% |
Burnsville | 417 | 449 | -7.1% | $260,000 | $260,000 | 0% |
Farmington | 245 | 228 | 7.5% | $256,000 | $242,000 | 5.8% |
Inver Grove Heights | 216 | 254 | -15% | $249,950 | $226,625 | 10.3% |
Vermillion | 6 | 7 | -14.3% | $242,875 | $320,000 | -24.1% |
Hastings | 203 | 220 | -7.7% | $229,400 | $217,250 | 5.6% |
West St. Paul | 150 | 127 | 18.1% | $220,250 | $210,000 | 4.9% |