Housing in Savage, MD
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$515,000
Median List Price
$484,700
Price Per Sq Ft
$242
Days on Market
116
Active Inventory
2
Months of Supply
0.5
Seller's market
Zillow Home Value
$572,617
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
98.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
2
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$242
Median List $/SF
$213
Savage vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Savage is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$405,600
Median Rent
$2,106
Total Housing Units
3,140
Vacancy Rate
2.4%
Owner Occupied
62.0%
Renter Occupied
38.0%
Median Property Tax
$5,418
per year
Monthly Cost (w/ Mortgage)
$2,322
Housing Types
The current median sale price in Savage, MD is $515,000 according to Redfin data. Homes spend a median of 116 days on the market. 25.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $242. The median rent is $2,106 per month (Census ACS). About 62.0% of housing units are owner-occupied. The median year homes were built is 1983. There are 3,140 total housing units.