Savage, MD housing market
The typical Savage home is worth about $586,000, up 1% in a year, 37% above the Maryland typical home. Homes typically sell in 9 days, below asking.
Home values, sales, trends and how Savage compares with the towns next door — updated as new data is published.
Savage at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Savage | Maryland |
|---|---|---|
| 2017 | $421,000 | $290,000 |
| 2018 | $427,000 | $301,000 |
| 2019 | $434,000 | $310,000 |
| 2020 | $441,000 | $322,000 |
| 2021 | $469,000 | $349,000 |
| 2022 | $519,000 | $384,000 |
| 2023 | $542,000 | $398,000 |
| 2024 | $560,000 | $412,000 |
| 2025 | $580,000 | $427,000 |
| 2026 | $583,000 | $429,000 |
| August 2026 | $586,000 | $428,000 |
Savage and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Savage | $586K | +1% | $2,300 | $116,895 |
| North Laurel | — | +2.8%† | $2,320 | $122,949 |
| Columbia | $508K | +0.5% | $2,380 | $131,490 |
| Jessup | $509K | 0% | $2,370 | $128,851 |
† FHFA price index change, where Zillow has no home value for the town.
5 years of income
The typical Savage home costs about 5 years of the town's median household income, more than across Maryland (4.1 years).
How Savage ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,300
HUD's Fair Market Rent for a two-bedroom in Savage is $2,300 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Savage pay a median of $2,053, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $1,690 · 4 bedrooms $3,230
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (20763, 20794; Baltimore-Columbia-Towson, MD MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.