Housing in Savage, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$375,000
Median List Price
$425,000
Price Per Sq Ft
$163
Days on Market
56
Active Inventory
57
Months of Supply
3.6
Seller's market
Zillow Home Value
$415,356
ZHVI — January 2026
Zillow Rent Index
$1,839
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
25.0%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
98.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
21
Pending Sales
21
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$163
Median List $/SF
$188
Savage vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 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
$395,600
Median Rent
$1,608
Total Housing Units
12,073
Vacancy Rate
1.4%
Owner Occupied
84.3%
Renter Occupied
15.7%
Median Property Tax
$4,400
per year
Monthly Cost (w/ Mortgage)
$1,960
Housing Types
The current median sale price in Savage, MN is $375,000 according to Redfin data. Homes spend a median of 56 days on the market. 25.0% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $163. Zillow's observed rent index is $1,839/month. About 84.3% of housing units are owner-occupied. The median year homes were built is 1996. There are 12,073 total housing units.