55306, Burnsville, MN

Burnsville, Minnesota is a small town located in Hennepin County. The population of Burnsville was 26,711 as of the 2010 census. The 55306 zip code covers much of the city and has a population of approximately 27,000 people.

The median home value in the 55306 zip code is $209,200 which is significantly higher than the statewide median home value of $146,600. This high home value reflects both the strength of the Burnsville economy and the attractiveness of its housing market to potential buyers. In addition to strong demand from local residents, Burnsville's housing market has also been buoyed by strong job growth in recent years. As a result, there are currently plenty of homes available for sale in the 55306 zip code and prices have remained relatively stable over the past few years.

Despite these positive factors, there are still some risks associated with buying a home in Burnsville. First and foremost, prices can be volatile and may rise or fall quickly based on changes in local economic conditions or other factors outside buyers' control. Second, while Burnsville's economy is strong overall, it could experience significant downturns that would have an impact on house prices. Finally, although there are plenty of homes available for sale in the 55306 zip code right now, it's possible that this situation could change over time as more families decide to move into this area or new development projects get underway.