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SAVAGE, MN 55378

Real Estate Market Report  ·  Scott County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The SAVAGE, MN real estate market (55378) currently shows 87 active listings, with 35 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are selling faster, averaging 36 days on market compared to 66 days last year.

The median listing price has fallen 7.1% year-over-year, from $486,500 to $451,944.

Whether you are buying or selling in SAVAGE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,017  ·  Density: 863.1/mi²  ·  Median household income: $122,652

Typical home value: $376,180  ·  Homeownership: 85.5%

Market Overview

Active Listings
87
⇧ 11.5% vs 78 last year
Pending
35
40% pending ratio
Median Price
$451,944
⇩ 7.1% vs $486,500 last year
Average Price
$552,659
⇧ 3.7% vs $533,016 last year
Days on Market
36
⇩ 45.5% vs 66 days last year

Price Per Square Foot

Median $/sqft
$199
⇩ 2.9% vs $205/sqft last year
Median Home Size
2,464 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 87 this year vs 78 last year
  • Days on market: 36 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $451,944 (-7.1% YoY)
  • Average: $552,659 (+3.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.5 miles — 959 listings ($704,446,707 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55378Savage, MN 553780.0 mi75$40,982,850$450,000$546,438
55337Burnsville, MN 553374.5 mi82$24,152,198$270,000$294,539
55438Minneapolis, MN 554384.8 mi29$11,662,060$312,500$402,140
55372Prior Lake, MN 553726.0 mi99$97,086,825$775,000$980,675
55347Eden Prairie, MN 553477.2 mi97$85,538,674$638,950$881,842
55124Saint Paul, MN 551248.0 mi95$36,264,445$297,500$381,731
55344Eden Prairie, MN 553448.2 mi25$7,177,225$249,900$287,089
55425Minneapolis, MN 554258.6 mi15$3,957,810$319,000$263,854
55044Lakeville, MN 550449.0 mi260$164,129,940$599,265$631,269
55436Minneapolis, MN 5543610.1 mi53$87,346,491$534,500$1,648,047
55424Minneapolis, MN 5542410.3 mi27$52,012,557$1,950,000$1,926,391
55410Minneapolis, MN 5541011.1 mi54$62,155,728$950,000$1,151,032
55123Saint Paul, MN 5512311.5 mi48$31,979,904$422,500$666,248

Frequently Asked Questions

How many homes are for sale in SAVAGE, MN 55378?

As of February 2026, there are 87 active listings in SAVAGE, MN (zip code 55378), compared to 78 the prior year.

What is the median home price in SAVAGE, MN 55378?

The median listing price in SAVAGE, MN 55378 is $451,944 as of February 2026, a 7.1% decrease from $486,500 the prior year.

How long do homes stay on the market in SAVAGE, MN?

Homes in SAVAGE, MN 55378 spend an average of 36 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in SAVAGE, MN 55378?

Based on current inventory and days-on-market data as of February 2026, SAVAGE, MN 55378 is currently a Balanced Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are selling faster, averaging 36 days on market compared to 66 days last year.

How much can I save on real estate commission in SAVAGE, MN?

With SELL123.com's maximum 3% commission, sellers in SAVAGE, MN 55378 save an estimated $9,039 compared to a typical 5% commission on the median listing price of $451,944. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.