Savage, MD Housing Market
The Savage housing market is most competitive. The median sale price of a home in Savage was $485K last month, down 1.0% since last year. The median sale price per square foot in Savage is $268, up 21.8% since last year.
Savage Housing Market Trends
In April 2024, Savage home prices were down 1.0% compared to last year, selling for a median price of $485K. On average, homes in Savage sell after 6 days on the market compared to 32 days last year. There were 5 homes sold in April this year, down from 9 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Savage housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 6 days.
- Hot homescan sell for about 7% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 6 days.
- Hot homescan sell for about 7% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 31 days.
- Hot homescan sell for about 8% above list price and go pending in around 6 days.
Savage Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Savage from outside metros.
- New York homebuyers searched to move into Savage more than any other metro followed by Hartford and Philadelphia.
- 82% of Savage homebuyers searched to stay within the Savage metropolitan area.
- Salisbury was the most popular destination among Savage homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 3,424 | ||
2 | 2,343 | ||
3 | 726 | ||
4 | 287 | ||
5 | 21 | ||
6 | 21 | ||
7 | 16 | ||
8 | 10 | ||
9 | 9 | ||
10 | 8 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 4,451 | ||
2 | 2,549 | ||
3 | 1,831 | ||
4 | 1,559 | ||
5 | 1,508 | ||
6 | 1,373 | ||
7 | 1,342 | ||
8 | 1,280 | ||
9 | 914 | ||
10 | 877 |
Home offer insights for Savage
Recent offers
View houses in Savage that sold recently
Recently sold homes
- $425,000 Last Sold Price3 beds3 baths1,465 sq ft8110 Ellen Way, Savage, MD 20763(410) 465-1770List Price$389,900Sale to List9% over listDays on Market32 days8110 Ellen Way, Savage, MD 20763
- $480,000 Last Sold Price3 beds3 baths1,495 sq ft8880 Baltimore St, Savage, MD 20763(443) 542-2251List Price$499,000Sale to List4% under listDays on Market39 days8880 Baltimore St, Savage, MD 20763
- $771,400 Last Sold Price4 beds3.5 baths2,326 sq ft9361 Spring Water Path, Jessup, MD 20794(410) 531-0321List Price$700,000Sale to List10% over listDays on Market32 days9361 Spring Water Path, Jessup, MD 20794
- $410,000 Last Sold Price3 beds3.5 baths1,596 sq ft8106 Woodward St, Savage, MD 20763(301) 230-3200List Price$410,000Sale to List0% over listDays on Market22 days8106 Woodward St, Savage, MD 20763
- $416,200 Last Sold Price3 beds2.5 baths1,485 sq ft8124 Woodward St, Savage, MD 20763(410) 312-0000List Price$389,900Sale to List7% over listDays on Market13 days8124 Woodward St, Savage, MD 20763
- $496,000 Last Sold Price3 beds1.5 baths1,632 sq ft9118 Jefferson St, Savage, MD 20763(410) 730-3456List Price$464,900Sale to List7% over listDays on Market22 days9118 Jefferson St, Savage, MD 20763
- $700,000 Last Sold Price4 beds3.5 baths3,050 sq ft8014 Jones Rd, Jessup, MD 20794(410) 544-4000List Price$725,000Sale to List3% under listDays on Market50 days8014 Jones Rd, Jessup, MD 20794
- $532,000 Last Sold Price3 beds2.5 baths2,200 sq ft8831 Hub Garth #12, Jessup, MD 20794(443) 499-3839List Price$515,000Sale to List3% over listDays on Market19 days8831 Hub Garth #12, Jessup, MD 20794
See all recently sold homes in Savage.
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Schools in Savage
- Elementary
- Middle
- High
GreatSchools Rating
5/10 Forest Ridge Elementary School Public • PreK-5 | 663 Students | 27 reviews |
5/10 Bollman Bridge Elementary School Public • PreK-5 | 709 Students | 8 reviews |
Climate's impact on Savage housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Savage.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in Savage
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