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Minnesota State Wire

Saturday, November 23, 2024

Hugo home prices fall in July 2019

Realestate2

The median sale price of a home sold in July 2019 in Hugo fell by $500 while total sales decreased by 8.3%, according to BlockShopper.com.

In July 2019, there were 33 homes sold, with a median sale price of $215,000 - a 0.2% decrease over the $215,500 median sale price for the same period of the previous year. There were 36 homes sold in Hugo in July 2018.

The median sales tax in Hugo for the most recent year with available data, 2015, was $2,532, approximately 1.2% of the median home sale price for July 2019.

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

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Forest Lake432948.3%$320,000$269,90018.6%
Cottage Grove674067.5%$289,000$244,50018.2%
Bayport4333.3%$270,000$490,000-44.9%
Lakeland51400%$245,642$205,00019.8%
Newport9580%$230,000$225,0002.2%
St. Paul Park712-41.7%$230,000$223,5002.9%
Lake St. Croix Beach51400%$228,000$95,000140%
Oakdale653680.6%$225,000$244,500-8%
Oak Park Heights8714.3%$221,500$235,000-5.7%
Hugo3336-8.3%$215,000$215,500-0.2%
Willernie110%$186,000$249,000-25.3%

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