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Minnesota State Wire

Tuesday, November 5, 2024

Hugo home prices rise in November 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in November 2019 in Hugo rose by $37,150 while total sales decreased by 48.6%, according to BlockShopper.com.

In November 2019, there were 18 homes sold, with a median sale price of $249,650 - a 17.5% increase over the $212,500 median sale price for the same period of the previous year. There were 35 homes sold in Hugo in November 2018.

The median sales tax in Hugo for the most recent year with available data, 2015, was $2,532, approximately 1% of the median home sale price for November 2019.

The following table compares Hugo to other Washington County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Lake St. Croix Beach12-50%$325,000$160,640102.3%
Woodbury72122-41%$312,500$281,50011%
Newport110-90%$300,000$208,85043.6%
Cottage Grove3655-34.5%$260,000$233,00011.6%
Forest Lake1726-34.6%$257,000$200,00028.5%
Hugo1835-48.6%$249,650$212,50017.5%
Bayport35-40%$240,000$340,000-29.4%
Oakdale3250-36%$230,000$205,62511.9%
St. Paul Park7540%$210,000$157,00133.8%
Oak Park Heights25-60%$204,000$195,0004.6%
Lakeland42100%$197,000$270,000-27%

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