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Sunday, September 14, 2025

Hugo home prices fall in February 2020

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The median sale price of a home sold in February 2020 in Hugo fell by $30,450 while total sales decreased by 64.3%, according to BlockShopper.com.

In February 2020, there were five homes sold, with a median sale price of $194,500 - a 13.5% decrease over the $224,950 median sale price for the same period of the previous year. There were 14 homes sold in Hugo in February 2019.

The median sales tax in Hugo for the most recent year with available data, 2015, was $2,532, approximately 1.3% of the median home sale price for February 2020.

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

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Oak Park Heights24-50%$268,897.50$267,4500.5%
Pine Springs10-$260,000$0-
Lake Elmo45-20%$250,803$375,000-33.1%
Cottage Grove1931-38.7%$247,500$243,0001.9%
Lakeland10-$240,000$0-
Forest Lake171330.8%$217,000$234,000-7.3%
Marine on St. Croix10-$215,000$0-
Newport12-50%$199,150$168,95017.9%
Oakdale2027-25.9%$196,400$196,900-0.3%
Hugo514-64.3%$194,500$224,950-13.5%
St. Paul Park660%$188,500$232,625-19%

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