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Cheap Homes in Savage, MN

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Savage, MN Foreclosures

How much do homes sell for in Savage, MN?
The average home price is currently $455,423.
What’s the average rental cost in Savage, MN?
The average rental price in Savage is $1,936.
What is the most expensive home in Savage?
The most expensive home sold in Savage had a price of $5,374,353.
What is currently the cheapest priced home in Savage, MN?
The cheapest home for sale in Savage is priced at $60,669.

Living in Savage, MN

Savage, MN is a suburban city located in Scott County with a population of around 30,000 residents. It's known for its friendly community, reputable schools, and access to outdoor activities. With convenient transport links to the Twin Cities, Savage is an attractive location for families seeking a balanced and active lifestyle.

Current Market Conditions in Savage, MN

The real estate market in Savage remains strong, with demand for housing driving an influx of new developments. Recent trends indicate that home values have steadily increased, showcasing the area's desirability and growth potential.

In the past year, the market has become increasingly competitive, with many homes receiving multiple offers and selling above the asking prices. Buyers are eager to move to Savage due to its family-friendly environment and active amenities.

Home Value Estimator For Savage, MN

There are currently 9,549 real estate properties in Savage, MN, with a median automated valuation model (AVM) price of $431,088.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Savage, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Savage, MN, is $455,423.00, with the most expensive house in Savage, MN, topping out at $5,374,353.00 and the cheapest home in Savage, MN, clocking in at $60,669.00. In other words, there’s something for every potential homebuyer or savvy investor in Savage, MN!

Rent Prices In Savage, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Savage, MN, is on a rollercoaster ride. The average rent price in Savage, MN, is $1,936.00. Indeed, when looking to rent in Savage, MN, you can expect to pay as little as $940.00 or as much as $4,520.00, with the average rent median estimated to be $1,850.00. The good news is that finding an affordable and desirable property to rent in Savage, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Savage, MN

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