Hugo, MN Home Values & Market Trends
Real estate market trends reflect that there have been 572 transactions over the past year in Hugo. The median value for residential home transactions that occurred over the previous year is $471,855. The number of current listings in Hugo is 633, and the percentage of properties for sale in the city is 633.00%. Hugo, MN currently has 10 properties in foreclosure, 0 bank owned properties, 10 properties headed for auction, and 633 properties for sale.
Hugo, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55038 | $ 471,662 $ 261/sqft |
Housing Market Summary for Hugo, MN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $460K | $482.4K | 4.88% |
| Median Sold Price | $490.1K | $357.7K | -27.01% |
| Homes For Sale | 318 | 638 | 100.63% |
| Homes Sold | 103 | 185 | 79.61% |
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 $195,349 to $3,500,000. The median estimated value of a home in Hugo is $471,855. The median list price of a home is 479,900, and the total count of properties in the city is 836.
- 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 10 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 1.20% 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 $365,026 in 55038 to the lowest value of $215,000 in 55038.
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Guide for Hugo, MN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
