Hugo, MN Home Values & Market Trends
Real estate market trends reflect that there have been 354 transactions over the past year in Hugo. The median value for residential home transactions that occurred over the previous year is $419,295.46. The number of current listings in Hugo is 24, and the percentage of properties for sale in the city is 24.00%. Hugo, MN currently has 11 properties in foreclosure, 0 bank owned properties, 11 properties headed for auction, and 24 properties for sale.
Hugo, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55038 | $ 368,449 $ 186/sqft |
Housing Market Summary for Hugo, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $389.9K | $379.5K | -2.67% |
| Median Sold Price | $360K | $379.5K | 5.42% |
| Homes For Sale | 25 | 17 | -32.00% |
| Homes Sold | 119 | 193 | 62.18% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hugo, MN
Browse Homes in Hugo, MN
Hugo home values range from $94,230 to $1,974,023. The median estimated value of a home in Hugo is $419,295.46. The median list price of a home is 364,700, and the total count of properties in the city is 9,134.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Hugo, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hugo, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hugo, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Hugo, MN. There is 1 zips within Hugo, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55038 has 11 auction properties, the highest number of properties going to auction in a single zip in the state of Hugo, MN. Auction homes and other auction properties account for 0.12% of all properties in Hugo, MN. There is 1 zips within Hugo, MN; of that zips, the median estimated home value for homes going to auction ranges from $529,000 in 55038 to the lowest value of $268,936 in 55038.
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More Real Estate Resources for Hugo, MN
Guide for Hugo, MN
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