Hugo home prices fall in September 2020

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The median sale price of a home sold in September 2020 in Hugo fell by $16,450 while total sales decreased by 69.4%, according to BlockShopper.com.

In September 2020, there were 11 homes sold, with a median sale price of $219,500 - a 7% decrease over the $235,950 median sale price for the same period of the previous year. There were 36 homes sold in Hugo in September 2019.

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 September 2020.

The following table compares Hugo to other Washington County cities with similar median sales prices in September 2020:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Birchwood Village110-90%$390,000$385,0001.3%
Lakeland12-50%$370,000$314,00017.8%
Woodbury37124-70.2%$335,000$319,9004.7%
Newport27-71.4%$332,000$228,00045.6%
Mahtomedi611-45.5%$322,750$388,375-16.9%
Stillwater1146-76.1%$320,000$339,750-5.8%
Cottage Grove1868-73.5%$306,800$267,80014.6%
St. Paul Park112-91.7%$251,000$230,5008.9%
Oakdale1753-67.9%$240,000$240,0000%
Oak Park Heights23-33.3%$230,250$300,000-23.3%
Hugo1136-69.4%$219,500$235,950-7%

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