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Foreclosures in Savage, MN

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Savage, MN Foreclosures

Current Market Conditions in in Savage, MN As of February 2026?
In the past month, home sales in Savage have remained strong despite typically slower activity during the holiday season. Buyers are still eager to purchase homes in this attractive suburban area, leading to a slight increase in home prices and continued low inventory. The market is showing signs of resilience, as homes that are properly priced are often going under contract quickly.
How much do homes sell for in Savage, MN?
The average home price is currently $474,376.
In Savage, MN, how many homes are available?
There are currently 1 active home listings available in Savage.
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 $33,485,750.
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, Minnesota is a charming suburban community located just a short drive from the Twin Cities. Known for its family-friendly atmosphere, outdoor recreational opportunities, and excellent schools, it's an ideal place for both growing families and established residents. The city offers a mix of parks, dining options, and convenient access to shopping, making it a desirable location for anyone looking to settle down in the Minneapolis-St. Paul metro area.

Buyer vs Seller Market in Savage, MN

The real estate market in Savage has shown a steady increase in home prices over the past year. The demand for homes in this area remains high, driven by the popular school district and the community's amenities. Due to a low inventory of available properties, prospective buyers are finding that it can be competitive, often leading to multiple offers on desirable homes.

Home Value Estimator For Savage, MN

There are currently 10,360 real estate properties in Savage, MN, with a median automated valuation model (AVM) price of $429,232.00. 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 $474,376.00, with the most expensive house in Savage, MN, topping out at $33,485,750.00 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.

Savage, MN Foreclosures

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