Savage, MN Home Values & Market Trends
Real estate market trends reflect that there have been 423 transactions over the past year in Savage. The median value for residential home transactions that occurred over the previous year is $437,291.7. The number of current listings in Savage is 51, and the percentage of properties for sale in the city is 51.00%. Savage, MN currently has 13 properties in foreclosure, 1 bank owned properties, 12 properties headed for auction, and 51 properties for sale.
Savage, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55378 | $ 406,208 $ 184/sqft |
Housing Market Summary for Savage, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $475K | $419.4K | -11.71% |
| Median Sold Price | $410.9K | $419.4K | 2.08% |
| Homes For Sale | 27 | 40 | 48.15% |
| Homes Sold | 254 | 264 | 3.94% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Savage, MN
Browse Homes in Savage, MN
Savage home values range from $121,588 to $6,199,375. The median estimated value of a home in Savage is $437,291.7. The median list price of a home is 409,900, and the total count of properties in the city is 10,068.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Savage, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Savage, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Savage, MN ranges from the highest value of $375,300 in 55378 to the lowest value of $375,300 in 55378. Bank owned homes and properties account for 0.01% of properties in Savage, MN. There is 1 zips within Savage, MN; 55378 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55378 has 12 auction properties, the highest number of properties going to auction in a single zip in the state of Savage, MN. Auction homes and other auction properties account for 0.12% of all properties in Savage, MN. There is 1 zips within Savage, MN; of that zips, the median estimated home value for homes going to auction ranges from $608,500 in 55378 to the lowest value of $260,000 in 55378.
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Guide for Savage, MN
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