In May 2017, there were 74 homes sold, with a median sale price of $187,450 - a 6.5% increase over the $176,000 median sale price for the same period of the previous year. There were 35 homes sold in Hugo in May 2016.
The median sales tax in Hugo for the most recent year with available data, 2015, was $2,532, approximately 1.4% of the median home sale price for May 2017.
The following table compares Hugo to other Washington County cities with similar median sales prices in May 2017:
City | May 2017 Home Sales | May 2016 Home Sales | % change (Total Home Sales) | May 2017 Median Sales Price | May 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Lakeland | 3 | 1 | 200% | $249,000 | $247,000 | 0.8% |
Newport | 5 | 6 | -16.7% | $235,700 | $204,950 | 15% |
Oak Park Heights | 8 | 5 | 60% | $235,500 | $260,000 | -9.4% |
Cottage Grove | 73 | 70 | 4.3% | $235,000 | $218,000 | 7.8% |
St. Marys Point | 1 | 2 | -50% | $225,000 | $376,794 | -40.3% |
St. Paul Park | 2 | 13 | -84.6% | $220,500 | $165,000 | 33.6% |
Marine on St. Croix | 2 | 3 | -33.3% | $215,888.50 | $350,000 | -38.3% |
Lake St. Croix Beach | 3 | 2 | 50% | $205,000 | $145,000 | 41.4% |
Oakdale | 50 | 64 | -21.9% | $195,500 | $196,427 | -0.5% |
Hugo | 74 | 35 | 111.4% | $187,450 | $176,000 | 6.5% |
Willernie | 3 | 3 | 0% | $169,900 | $150,000 | 13.3% |