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Monday, November 25, 2024

How did home prices perform in Hugo during May 2021?

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The median sale price of a home sold in May 2021 in Hugo rose by $25,500 while total sales decreased by 60%, according to BlockShopper.com.

In May 2021, there were 12 homes sold, with a median sale price of $263,000 - a 10.7% increase over the $237,500 median sale price for the same period of the previous year. There were 30 homes sold in Hugo in May 2020.

The median sales tax in Hugo for the most recent year with available data, 2020, was $3,400, approximately 1.3% of the median home sale price for May 2021.

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

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Stillwater2237-40.5%$417,500$355,00017.6%
Woodbury87852.4%$370,000$292,50026.5%
Bayport17-85.7%$350,000$243,35043.8%
Forest Lake1322-40.9%$341,000$255,50033.5%
St. Paul Park39-66.7%$338,000$280,00020.7%
Cottage Grove2135-40%$315,000$299,0005.4%
Willernie30-$307,790$0-
Oakdale2040-50%$306,700$295,0004%
Oak Park Heights62200%$264,000$282,450-6.5%
Hugo1230-60%$263,000$237,50010.7%
Lake St. Croix Beach220%$249,500$227,5009.7%

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