Home Insurance in Burnsville, Minnesota
With a median home value of $355,200, Burnsville is 7% lower than the Dakota County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Burnsville was built around 1982. About 7% of homes were built before 1960, about 4 points below Dakota County's 11%.
Housing in Burnsville breaks down to 64% single-family homes, 30% apartments in buildings with 5+ units and 2% mobile or manufactured homes.
66% of owner-occupied homes in Burnsville carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 65% of occupied homes in Burnsville are owner-occupied. The vacancy rate is 2%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
In Burnsville, 75% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Burnsville? FEMA's National Risk Index points to strong wind (Very High) in Dakota County and Dakota County had 189 active NFIP flood policies as of September 2026. See the full Dakota County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Minnesota is $1,988 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $355,200 |
|---|---|
| Median year built | 1982 |
| Owner-occupied share | 65% |
| Share of owner-occupied homes with a mortgage | 66% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Dakota County | 189 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)