Savage Real Estate Market Report: April 2026

In April 2026, the median sale price in Savage was $422,500, essentially unchanged from a year earlier.

Median Sales Price
$422,500
+0.2% vs. April 2025
Homes for Sale
64
+1.6% vs. April 2025
Months Supply
2.1
+10.5% vs. April 2025
Seller's market
Days on Market
56
+3.7% vs. April 2025
Closed Sales
41
-19.6% vs. April 2025
Percent of Original List Received
98.6%
-1.4 pts vs. April 2025

What this means

Home values are holding steady within one percent of last year, with a median sale price of $422,500.

Homes are selling 2 days longer than last year, averaging 56 days on market, and sellers are receiving 98.6% of their original asking price.

The area is currently a seller's market with 2.1 months of supply. Active inventory is up 2% from last year to 64 homes for sale.

In this seller's market, buyers should be prepared to act quickly, while sellers can generally expect strong interest if priced correctly.

Common questions about the Savage market

Is Savage a buyer's or seller's market?

Savage was a seller's market in April 2026, with 2.1 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 64 homes for sale.

How fast are homes selling in Savage?

Homes that sold in April 2026 spent an average of 56 days on market, 2 days slower than a year earlier. Sellers received 98.6% of their original list price on average.

Are home prices going up in Savage?

Prices were essentially flat, with a median sale price of $422,500.

Market trends in Savage

Savage monthly market data
MonthMedian sale priceClosed salesDays on marketMonths supply
August 2024$425,00045372.3
September 2024$482,45036542.7
October 2024$444,75034322.8
November 2024$400,00017342.4
December 2024$437,20023701.7
January 2025$418,30022601.8
February 2025$390,00019791.6
March 2025$475,00027511.9
April 2025$421,60051541.9
May 2025$434,75042342.3
June 2025$435,00035232.2
July 2025$486,00039382.2
August 2025$430,00034362.5
September 2025$405,00025342.7
October 2025$444,50034462.9
November 2025$393,00026532.3
December 2025$450,00023461.8
January 2026$375,00016832
February 2026$422,00023822.1
March 2026$412,50024702.2
April 2026$422,50041562.1

How Savage compares with the Twin Cities region

In April 2026, the median sale price in Twin Cities (16-County Region) was $392,000, down 2.0% from a year earlier.

Read the April 2026 regional report

More to explore

Data: NorthstarMLS Local Market Update via 10K Research, published August 24, 2026.

Report published .

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