Savage, MN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Savage, MN is $424,500, up 4.9% year-over-year. Homes sell in an average of 66 days with 60 active listings. The market is currently a balanced market.
$424,500median sale price
Is Savage a buyer's or seller's market?
Savage, MN is currently a balanced market, based on 2.7 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
66
Average pace
Active listings
60
2.7 months supply
Sale-to-list
98.9%
Below asking
Savage, MN market data
| Metric | Value |
|---|---|
| Median sale price | $424,500 |
| Median list price | $425,000 |
| Year-over-year price change | +4.9% |
| Average days on market | 66 days |
| Active inventory | 60 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 98.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Savage housing market is currently classified as a balanced market with a median sale price of $424,500. Prices have risen 4.9% compared to last year, with homes spending an average of 66 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Savage
There are currently 60 homes listed for sale in Savage, Minnesota. The median listing price is $425K.
Active listings
60
Homes on market
Median list price
$425K
Avg. days on market
66
Days until sale
New this week
35
Newly listed
Top public schools in Savage
8 schools tracked · 6,820 students
The largest public schools serving Savage, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
PRIOR LAKE HIGH SCHOOL
Grades 9-12 · 2,854 students
Eagle Ridge Middle School
Grades 6-8 · 644 students
ASPEN ACADEMY
Grades K-8 · 622 students
Hamilton Ridge Elementary School
Grades K-5 · 596 students
REDTAIL RIDGE ELEMENTARY SCHOOL
Grades K-5 · 560 students
HARRIET BISHOP ELEMENTARY
Grades PK-5 · 550 students
Glendale Elementary
Grades K-5 · 534 students
HIDDEN VALLEY ELEMENTARY
Grades PK-5 · 460 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Savage?
The median home sale price in Savage is $424,500, up 4.9% from last year.
How long do homes stay on market in Savage?
Homes typically spend 66 days on market before going under contract.
Is Savage a buyer's or seller's market?
With 2.7 months of supply, Savage is currently a balanced market.
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