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The median home value in Savage, MN is $432,260 as of 2026-07-31, up 1.55% from a year earlier.
Median Home Value
$432,260
Year-over-Year
+1.55%
Population
33,140
Savage ranks #25 of 112 Minnesota cities tracked here by median home value, and sits 21.4% above the state's city median of $355,920. It sits in Scott County, where the county-wide median is $448,244.
Median household income in Savage is $125,513, so the typical home value is about 3.4× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Savage police recorded a violent crime rate of 78 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 715 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Savage, that value is $432,260. That's up 1.55% from a year earlier. It is about 21.4% above the typical Minnesota city tracked here.
Homes in Savage are cheaper than Scott County as a whole, where the median is $448,244 — a difference of about 3.6%.
Median household income here is $125,513, so the typical home value is about 3.4× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Savage police reported 78 violent crimes per 100,000 residents, covering a population of about 33,140. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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