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Minnesota State Wire

Wednesday, September 10, 2025

Falling home prices in Hugo in February 2022

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Adobe Stock

The median sale price of a home sold in February 2022 in Hugo fell by $38,800 while total sales decreased by 18.2%, according to BlockShopper.com.

In February 2022, there were nine homes sold, with a median sale price of $268,000 - a 12.6% decrease over the $306,800 median sale price for the same period of the previous year. There were 11 homes sold in Hugo in February 2021.

The median sales tax in Hugo for the most recent year with available data, 2020, was $3,400, approximately 1.3% of the median home sale price for February 2022.

The following table compares Hugo to other Washington County cities with similar median sale prices in February 2022:

CityFeb. 2022 Home SalesFeb. 2021 Home Sales% change (Total Home Sales)Feb. 2022 Median Sales PriceFeb. 2021 Median Sales Price% change (Median Sales Price)
Afton14-75%$404,000$950,000-57.5%
St. Paul Park72250%$393,000$225,50074.3%
Woodbury3948-18.8%$375,000$320,20017.1%
Cottage Grove1723-26.1%$314,100$305,0003%
Scandia13-66.7%$310,000$350,000-11.4%
Bayport12-50%$301,000$363,250-17.1%
Newport31200%$300,000$400,000-25%
Forest Lake161323.1%$277,275$245,00013.2%
Oakdale1315-13.3%$272,000$270,0000.7%
Hugo911-18.2%$268,000$306,800-12.6%
Lake St. Croix Beach21100%$247,100$289,900-14.8%

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