Photo: Pubdog · Public domain61 homes sold in Savage in the last year, at a typical $483K
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Savage homes are listed.
Every place Savage homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Savage.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 67% of Savage’s sales, at a typical $558K
61 homes sold in the year to May 2026.
typical sale · 41 sold in 12 months
- Per square foot
- $268MD $239
- Days to sell
- 40
- Sold over asking
- 49%
- Listings with a price cut
- 36%
Townhouses: 20 sold, typical $387K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.6 times the 2016 price
61 sales in the last year, against 114 in 2016 and a low of 59 in 2025. The typical sale went from $299K in 2016 to $483K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $500K buys in Savage
Check a listing against what Savage homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Savage are more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Savage’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 61 sales.
If you’re buying in Savage
- Shop in July. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
- You can negotiate. 36% of listings have cut their price, against 32% before the pandemic.
- Bid near asking. Buyers paid 99.6% of the list price on average; 44% paid over.
- You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 43 days.
Spring brings both the most homes and the most bidding wars
April has the most new listings (about 11 a month), but May is the most competitive: 46% of May sales close over asking. July offers nearly as much choice with fewer homes bid up (35%). September has the least competition (29%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Maryland
| Savage now | 2017–19 | 2021 peak | MD now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 44% | 25% | 53% | 34% |
| Gone within two weeksShare of homes under contract within 14 days | 38% | 33% | 64% | 41% |
| Listings with a price cutShare of homes for sale that cut their price | 36% | 32% | 22% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.6% | 98.7% | 101.5% | 99.8% |
| Days to sellMedian days from listing to contract | 43 | 29 | 26 | 43 |
11 homes for sale on a typical day
That’s 3.3 times the 2024 low (3), 27% fewer than in 2017–19 and well under 2012’s 31.
1 in 3 listings has cut its price
36% in the last year, against 32% in 2017–19 and 27% across Maryland.
Savage ranks 19th of 185 busy Maryland markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Savage is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Savage home costs about $3,037 a month
Price: Savage’s typical sale, last 12 months. Property tax at Savage’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Savage is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in April
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $483K home, about $6,210 a year.
Taxes vs. neighborsSchools
The schools grade for Savage, from test results, graduation and how much students grow.
Schools in SavageCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Jessup and Laurel sell for less a square foot
The busier markets within 25 miles of Savage, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Columbia | 1,105 | $506K | $252 | 48% | 25 |
| Maryland City | 314 | $521K | $266 | 35% | 63 |
| North Laurel | 238 | $557K | $256 | 39% | 33 |
| Laurel | 238 | $399K | $252 | 29% | 56 |
| Scaggsville | 83 | $676K | $271 | 49% | 32 |
| Savage | 61 | $483K | $260 | 44% | 43 |
| Jessup | 32 | $513K | $241 | 28% | 47 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Savage, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Savage. People who follow the town see it, and so do people comparing Savage with their own town. No commission, no listing fee.
Questions about buying a home in Savage
What do homes sell for in Savage, MD?
61 homes sold in the year to May 2026 at a typical $483K, $260 a square foot.
Is Savage a buyer’s or seller’s market?
A seller’s market: 7 homes were for sale in May 2026 and 7 sold, about 1 months of supply. Buyers paid 99.6% of asking on average, and 36% of listings cut their price.
When is the best time to buy in Savage?
April brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Savage?
About 1.3% of a home’s value a year. On a $483K home that’s near $6,210.
Where can I see homes for sale in Savage?
Zillow, Redfin, Realtor.com and Homes.com all carry Savage’s MLS listings; the search links above open each one filtered to Savage.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).