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Minnesota State Wire

Tuesday, November 5, 2024

Burnsville home prices rise in August 2019

Realestate5

The median sale price of a home sold in August 2019 in Burnsville rose by $9,000 while total sales increased by 2.7%, according to BlockShopper.com.

In August 2019, there were 116 homes sold, with a median sale price of $285,000 - a 3.3% increase over the $276,000 median sale price for the same period of the previous year. There were 113 homes sold in Burnsville in August 2018.

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 1.1%.

The following table compares Burnsville to other Dakota County cities with similar median sales prices in August 2019:

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
Lakeville119121-1.7%$315,000$307,5002.4%
Eagan1201163.4%$310,500$263,75017.7%
Castle Rock14-75%$310,000$310,0000%
Northfield46-33.3%$302,000$246,95022.3%
Farmington5961-3.3%$289,255$255,00013.4%
Burnsville1161132.7%$285,000$276,0003.3%
Rosemount3941-4.9%$284,000$249,50013.8%
Apple Valley1181170.9%$281,750$233,00020.9%
Hampton12-50%$279,025$75,000272%
Lilydale41300%$269,000$586,000-54.1%
Hastings54523.8%$250,000$234,2506.7%

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