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SAVAGE, MN 55378

Real Estate Market Report  ·  Scott County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
75
⇩ 3.8% vs 78 last year
Pending
22
29% pending ratio
Median Price
$450,000
⇩ 10% vs $499,950 last year
Average Price
$546,438
⇩ 1.4% vs $553,979 last year
Days on Market
73
⇩ 3.9% vs 76 days last year

Market Context

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

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

Market Analysis

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

The SAVAGE, MN real estate market (55378) currently shows 75 active listings, with 22 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 73 days on market compared to 76 days last year.

The median listing price has fallen 10% year-over-year, from $499,950 to $450,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 75 this year vs 78 last year
  • Days on market: 73 now vs 76 last year

Median & Average Pricing

Year over Year
  • Median: $450,000 (-10% YoY)
  • Average: $546,438 (-1.4% 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

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 January 2026, there are 75 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 $450,000 as of January 2026, a 10% decrease from $499,950 the prior year.

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

Homes in SAVAGE, MN 55378 spend an average of 73 days on the market before going under contract, compared to 76 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 January 2026, SAVAGE, MN 55378 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 73 days on market compared to 76 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 $9,000 compared to a typical 5% commission on the median listing price of $450,000. 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.