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SAVAGE, MN 55378

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SAVAGE, MN real estate market (55378) currently shows 99 active listings, with 43 pending sales. Homes are averaging 29 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 29 days on market compared to 27 days last year.

The median listing price has risen 23% year-over-year, from $451,200 to $554,950.

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
99
vs 99 last year
Pending
43
43% pending ratio
Median Price
$554,950
⇧ 23% vs $451,200 last year
Average Price
$580,956
⇧ 13.6% vs $511,618 last year
Days on Market
29
⇧ 7.4% vs 27 days last year

Price Per Square Foot

Median $/sqft
$200
⇩ 1% vs $202/sqft last year
Median Home Size
2,478 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 29 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $554,950 (+23% YoY)
  • Average: $580,956 (+13.6% 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 — 1,123 listings ($839,133,940 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55378Savage, MN 553780.0 mi87$48,081,333$451,944$552,659
55337Burnsville, MN 553374.5 mi100$31,582,700$299,950$315,827
55438Minneapolis, MN 554384.8 mi34$14,375,540$324,750$422,810
55372Prior Lake, MN 553726.0 mi117$109,222,893$749,431$933,529
55347Eden Prairie, MN 553477.2 mi101$89,170,880$639,725$882,880
55124Saint Paul, MN 551248.0 mi109$40,274,737$321,225$369,493
55344Eden Prairie, MN 553448.2 mi35$12,250,560$283,425$350,016
55425Minneapolis, MN 554258.6 mi16$4,443,408$306,225$277,713
55044Lakeville, MN 550449.0 mi302$198,942,500$605,858$658,750
55436Minneapolis, MN 5543610.1 mi69$107,943,117$637,475$1,564,393
55424Minneapolis, MN 5542410.3 mi41$76,883,200$1,878,750$1,875,200
55410Minneapolis, MN 5541011.1 mi60$71,385,360$931,500$1,189,756
55123Saint Paul, MN 5512311.5 mi52$34,577,712$467,175$664,956

Frequently Asked Questions

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

As of March 2026, there are 99 active listings in SAVAGE, MN (zip code 55378), compared to 99 the prior year.

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

The median listing price in SAVAGE, MN 55378 is $554,950 as of March 2026, a 23% increase from $451,200 the prior year.

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

Homes in SAVAGE, MN 55378 spend an average of 29 days on the market before going under contract, compared to 27 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 March 2026, SAVAGE, MN 55378 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 29 days on market compared to 27 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 $11,099 compared to a typical 5% commission on the median listing price of $554,950. 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.