House Prices

House Prices & Home Values Savage, MN 2026


Average Data

average house price$424,474
average size per house2689 ft²
average price per ft²158 $ / ft²

04/16/2026 - The value range (VR) for house prices in Savage, MN is $158/ sqft to $158/ sqft. An average home with 2689 sqft costs approximately $424,862 to $424,862. Savage, MN includes 1 ZIP codes and it is located in Scott county. The lowest prices are found in ZIP 55378, while the highest are in ZIP 55378. The average price per sqare feet is $158. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Savage

55378159 $ / ft²




Historical development of home values in Savage

Year Estimated value (USD) Change vs. 2025
2010 $197,133 -53.6%
2011 $189,510 -55.4%
2012 $189,000 -55.5%
2013 $196,064 -53.8%
2014 $205,813 -51.5%
2015 $216,377 -49.0%
2016 $227,669 -46.4%
2017 $239,957 -43.5%
2018 $253,223 -40.3%
2019 $264,964 -37.6%
2020 $278,662 -34.4%
2021 $316,948 -25.3%
2022 $369,490 -13.0%
2023 $389,644 -8.2%
2024 $412,186 -2.9%
2025 $424,474 0.0%

Graph: estimated home values in Savage over time (USD)



Example: 100% financing house in Savage

Loan amount: $424,474

Interest rate: 6.00%

Fixed monthly payment: $2,544.94

Breakdown in the 1st month:
Interest portion: $2,122.37  –  Principal portion: $422.57

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $25,326.64 $5,212.59 $419,261.41
2 $25,005.14 $5,534.09 $413,727.32
3 $24,663.81 $5,875.42 $407,851.90
4 $24,301.43 $6,237.81 $401,614.09
5 $23,916.69 $6,622.54 $394,991.55
6 $23,508.23 $7,031.00 $387,960.55
7 $23,074.57 $7,464.66 $380,495.89
8 $22,614.17 $7,925.06 $372,570.82
9 $22,125.37 $8,413.86 $364,156.96
10 $21,606.42 $8,932.81 $355,224.14
11 $21,055.46 $9,483.77 $345,740.37
12 $20,470.52 $10,068.71 $335,671.67
13 $19,849.51 $10,689.72 $324,981.94
14 $19,190.19 $11,349.04 $313,632.90
15 $18,490.21 $12,049.03 $301,583.87
16 $17,747.05 $12,792.18 $288,791.69
17 $16,958.05 $13,581.18 $275,210.51
18 $16,120.40 $14,418.84 $260,791.67
19 $15,231.07 $15,308.16 $245,483.51
20 $14,286.90 $16,252.33 $229,231.18
21 $13,284.49 $17,254.74 $211,976.44
22 $12,220.26 $18,318.97 $193,657.47
23 $11,090.38 $19,448.85 $174,208.62
24 $9,890.82 $20,648.41 $153,560.21
25 $8,617.27 $21,921.96 $131,638.25
26 $7,265.17 $23,274.06 $108,364.19
27 $5,829.68 $24,709.55 $83,654.64
28 $4,305.65 $26,233.58 $57,421.05
29 $2,687.62 $27,851.61 $29,569.44
30 $969.79 $29,569.44 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Savage, MN


1500 sqft3900 sqft
Ø selling price$286,771$610,038
Ø fast selling$260,701$549,035
Ø high price sale$312,840$671,042

In 2026, houses in Savage, MN will be offered at an average price of $158 per square foot. A 1,500 sqft home priced at $286,771 is 23.14% more expensive per square foot than a 3,900 sqft home priced at $610,038. Home prices in Savage, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $422,335. Sellers who can wait longer may achieve a higher price of up to $516,187.


Discover Savage, MN

Overview

Located in Scott County, Savage, MN is a growing suburb that blends natural beauty with modern convenience.
From the Minnesota River bluffs to vibrant neighborhoods, Savage, Minnesota offers a welcoming, family-friendly atmosphere.

Location and Accessibility

Just 20 minutes south of the Twin Cities, residents enjoy quick access via Highway 13 and Highway 169.
This strategic location supports an easy commute to Minneapolis, Saint Paul, and nearby employment hubs.

Parks, Nature, and Recreation

Outdoor lovers flock to Murphy-Hanrehan Park Reserve for hiking, mountain biking, and wildlife viewing.
Local trails, community parks, and riverfront areas make year-round recreation a cornerstone of life in Savage, MN.

Community, Schools, and Business

Top-rated public schools, active youth programs, and a strong parks and recreation department underline the city?s community focus.
Small businesses, restaurants, and shopping centers contribute to a dynamic local economy and neighborhood convenience.

Real Estate and Quality of Life

The real estate market ranges from starter homes to upscale new construction, with options that appeal to first-time buyers and move-up families.
With safe streets, abundant amenities, and ongoing development, Savage, Minnesota delivers exceptional quality of life in the southwest metro.



FAQ – Home Values in Savage

What is the median home value in Savage in 2026?

In 2026, the typical home value in Savage is about $424,474 for an average home size of 2689 square feet. This corresponds to an average price of roughly $158 per square foot.

What is the average cost per square foot in Savage?

In 2026, homes in Savage sell for an average of around $158 per square foot, with a typical range between $158 and $158 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Savage is about 2689 square feet, with an estimated 2026 value around $424,474.



Locations close to Savage, MN

Shakopee, MN174 $ / ft²
Silver Lake, MN173 $ / ft²
South Haven, MN155 $ / ft²
Saint Michael, MN143 $ / ft²
Saint Bonifacius, MN173 $ / ft²
Rogers, MN172 $ / ft²
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