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Savage, MN 55378 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Savage, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 3535PendingPending sales: 55
Savage, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $400k$400kSoldMedian sold price (last 6 months): $425k$425k
What homes actually sell for in Savage, MN
Distribution of 238 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $341k to $530k
$225k to $295k: 25 sales$225k$295k to $365k: 33 sales$365k to $435k: 61 sales61sales$365k$435k to $504k: 37 sales$504k to $574k: 27 sales$504k$574k to $644k: 17 sales$644k to $714k: 7 sales$644k$714k to $784k: 7 salesMedian $425k

What the numbers say

As of September 14, 2026, Resideline is tracking 35 active listings and 5 pending sales in ZIP code 55378. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $399,900, while the median of the 238 closed sales Resideline tracked over the last six months was $425,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55378 for 59 days.

Frequently asked questions

What is the median home price in 55378?

The median closed sale price in Savage, MN 55378 was $425,000 over the last six months, based on 238 closed sales tracked by Resideline. The middle half of those sales ranged from $340,700 to $530,500.

Is 55378 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 35 active listings in 55378, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55378 currently looks like a balanced market.

Nearby ZIP code market data

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