Hugo median home prices fell by 10.1% in August 2021

Medium realestate3

The median sale price of a home sold in August 2021 in Hugo fell by $31,000 while total sales increased by 5.6%, according to

In August 2021, there were 19 homes sold, with a median sale price of $275,000 - a 10.1% decrease over the $306,000 median sale price for the same period of the previous year. There were 18 homes sold in Hugo in August 2020.

The median sales tax in Hugo for the most recent year with available data, 2020, was $3,400, approximately 1.2% of the median home sale price for August 2021.

The following table compares Hugo to other Washington County cities with similar median sale prices in August 2021:

CityAug. 2021 Home SalesAug. 2020 Home Sales% change (Total Home Sales)Aug. 2021 Median Sales PriceAug. 2020 Median Sales Price% change (Median Sales Price)
Forest Lake1721-19%$428,890$280,00053.2%
Cottage Grove332532%$345,000$310,00011.3%
Oak Park Heights13-66.7%$291,000$273,6006.4%
St. Paul Park72250%$241,900$212,00014.1%

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