Market Overview
Home Prices in Savage, MT
The median home value in Savage, MT is $279,510 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.4% compared to a year ago and up 6.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Savage are priced32% below average.
Over the past five years, Savage home values have risen by approximately34.0%, reflecting strong long-term appreciation in this market.
Price History
Savage Home Price Trend
2020
$170,146
$170K
—
2021
$208,585
$209K
+22.6%
2022
$260,878
$261K
+25.1%
2023
$227,685
$228K
-12.7%
2024
$245,143
$245K
+7.7%
2025
$260,170
$260K
+6.1%
2026
$279,510
$280K
+7.4%
City Comparison
Savage vs. National Median
🏠 Savage
$279,510
National Median
$410,000
At $279,510, homes in Savage cost 32% below the national median of $410,000. This makes Savage a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Savage?
20% Down Payment
$55,902
on $279,510
Monthly P&I
$1,458/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,852/mo
incl. taxes & insurance
Income Needed
$74,080
gross annual (30% rule)
10% Down Option
$27,951
+ PMI applies
Loan Amount (20% dn)
$223,608
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Savage, MT?
The median home value in Savage is $279,510 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.4% year-over-year.
How much have home prices changed in Savage?
Over the past year, home values in Savage have increased by 7.4%. Over five years, prices have risen approximately 34.0%.
How much do I need to earn to buy a home in Savage?
To comfortably afford the median home price of $279,510 with a 20% down payment ($55,902) at today's rates (6.8%), you'd need a gross annual income of approximately $74,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Savage compare to the national average home price?
The national median home value is approximately $410,000. At $279,510, homes in Savage are 32% below the national average.