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Savage, MN
Full City Profile · Minnesota · Scott County County
3.9
/5.0
B+
Good
32,706
Population
2,097/sq mi density
$122,646
Median Income
$54,536 per capita
$395,600
Home Value
$420,790 Zillow
$1,608
Median Rent
31.2% income on rent
47°F
Avg Temperature
270 sunny days/yr
108
Violent Crime/100K
1,249 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$122,646 median income, 3.4% unemployment
A+
Affordability
4.9 / 5.0
$395,600 home value, $1,608/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
A+
Education
5.0 / 5.0
51.5% bachelor's degree or higher
Housing Overview
Median Home Value
$395,600
40% above
US avg: $281,900
Median Rent
$1,608/mo
38% above
US avg: $1,163/mo
Homeownership Rate
84.3%
29% above US avg (65.4%)
Total Housing Units
11,762
Median year built: 1997
Home Value by Source
Census Median
$395,600
Zillow (ZHVI)
$420,790
Median Sale Price
$424,500
Median List Price
$425,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.3%
Owner-Occupied
15.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,608/mo
· Zillow rent:
$1,771/mo
Market Indicators (Redfin)
Median Days on Market
66 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
22
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$180
Active Inventory
60
homes for sale
Affordability & Housing Stock
Rent Burden
31.2%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
84.3%
Complete Housing Data
Home Values
| Census Median Value | $395,600 |
| Zillow Home Value (ZHVI) | $420,790 |
| Median Sale Price | $424,500 |
| Median List Price | $425,000 |
| Price Per Sq Ft | $180 |
Rent
| Census Median Rent | $1,608 |
| Zillow Rent (ZORI) | $1,771 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 66 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 22 |
| Active Inventory | 60 |
| Price Per Sq Ft | $180 |
Ownership & Stock
| Owner-Occupied | 84.3% |
| Renter-Occupied | 15.7% |
| Homeownership Rate | 84.3% |
| Total Housing Units | 11,762 |
| Median Year Built | 1997 |
| Rent Burden | 31.2% |