Zip 55378 (Savage, MN) Housing

In 55378 Savage, MN, the median housing value is $409,800. This is higher than the US median housing value of $338,100. The one year appreciation for housing in Savage is 6.82%, slightly lower than the US average of 8.27%. This suggests that home prices are increasing more slowly in this area compared to other parts of the country. Overall, Savage remains an attractive place to live with its higher than average median house price.

The median home cost in Savage (zip 55378) is $409,800. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Savage (zip 55378) is up 11.0%.

Average Age of Homes

- The median age of Savage (zip 55378) real estate is 22 years old

The Rental Market in Savage (zip 55378)

- Renters make up 11.6% of the Savage (zip 55378) population
- 0.1% of houses and apartments in Savage (zip 55378), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Savage, Minnesota	United States
	11,383.0	139,647,020.0
	25	42
	$409,800	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.88	$10.98
	$4,032	$2,690
	82.8%	57.4%
	1.4%	11.2%
	15.8%	31.4%
Vacant Housing
	0.1%	1.9%
	0.0%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	0.2%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.1%	2.4%
	0.0%	2.8%
	0.1%	3.9%
	0.0%	4.5%
	1.7%	11.3%
	5.8%	13.0%
	27.1%	20.1%
	38.2%	13.6%
	14.4%	8.3%
	10.0%	9.7%
	0.6%	3.9%
	0.0%	2.2%
	1.9%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	23.9%	13.6%
	23.9%	13.6%
	32.2%	13.6%
	18.3%	13.2%
	3.3%	14.8%
	32.2%	13.6%
	1.9%	10.0%
	1.6%	4.7%
	0.8%	12.2%

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