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Minnesota State Wire

Tuesday, November 5, 2024

Hugo home prices fall in September 2019

Re 9

The median sale price of a home sold in September 2019 in Hugo fell by $66,050 while total sales increased by 50%, according to BlockShopper.com.

In September 2019, there were 36 homes sold, with a median sale price of $235,950 - a 21.9% decrease over the $302,000 median sale price for the same period of the previous year. There were 24 homes sold in Hugo in September 2018.

The median sales tax in Hugo for the most recent year with available data, 2015, was $2,532, approximately 1.1% of the median home sale price for September 2019.

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

CitySept. 2019 Home SalesSept. 2018 Home Sales% change (Total Home Sales)Sept. 2019 Median Sales PriceSept. 2018 Median Sales Price% change (Median Sales Price)
Woodbury12410913.8%$319,900$280,00014.3%
Lakeland24-50%$314,000$253,472.5023.9%
Oak Park Heights35-40%$300,000$230,00030.4%
Forest Lake423231.3%$278,000$239,25016.2%
Cottage Grove68629.7%$267,800$265,0001.1%
Oakdale53521.9%$240,000$243,750-1.5%
Hugo362450%$235,950$302,000-21.9%
St. Paul Park12933.3%$230,500$200,00015.3%
Newport7616.7%$228,000$200,75013.6%
Willernie14-75%$208,000$167,50024.2%
Lake St. Croix Beach110%$125,000$180,000-30.6%

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