Is Savage, MN 55378 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Savage is a seller’s market. With about 1.9 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.9Under 4 months = seller’s market

Sold above original list32.5%Share of sales, last 3 months

Median sale-to-list99.7%Sold price ÷ list price

Median days on market19Listing to accepted offer

Median price per sq ft$189▼ −0.1% vs. last year

Run the numbers for 55378

Prefilled for 55378Can I win this house?Multiple-offer likelihood for a listing Prefilled for 55378Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Belle Plaine 56011Seller’s market $175 /sq ft Elko New Market 55020Balanced $211 /sq ft Elko New Market 55054Seller’s market $196 /sq ft Jordan 55352Seller’s market $200 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology