55337, Burnsville, MN

The 55337 zip code of Burnsville, Minnesota is a suburban area located in Hennepin County. The population of the zip code was 102,898 as of the 2010 census. The median household income in the zip code was $87,711 in 2010.

The home equity and home prices in the 55337 zip code have been increasing at a rapid pace over the past few years. In January of 2016, the median home value in this zip code was $248,000, which represented an increase of 21% from January of 2013. Over the same time period, the average home value increased by 29%. This indicates that there is strong demand for homes in this area and that there are many people who are able to afford to purchase a home here.

One reason why the home values have been increasing so rapidly in this area is because there are many new homes being built here. Between 2007 and 2016, there were an estimated 990 new homes constructed in Burnsville, which has contributed to rising home values. Additionally, many homeowners who have owned their homes for some time now are likely selling them at a higher price than they purchased them for due to increased demand from buyers.

Overall, it appears that there is strong demand for homes in Burnsville and that prices are continuing to rise rapidly. This makes it an excellent place to live if you can afford it – especially given how much money you can potentially save on your monthly mortgage payments compared to living elsewhere in Minnesota or nationwide.