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East Twin Cities

Thursday, November 14, 2024

Rising home prices in Hugo in November 2021

Realestate5

The median sale price of a home sold in November 2021 in Hugo rose by $46,500 while total sales decreased by 6.3%, according to BlockShopper.com.

In November 2021, there were 15 homes sold, with a median sale price of $376,500 - a 14.1% increase over the $330,000 median sale price for the same period of the previous year. There were 16 homes sold in Hugo in November 2020.

The median sales tax in Hugo for the most recent year with available data, 2020, was $3,400, approximately 0.9% of the median home sale price for November 2021.

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

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Afton330%$730,000$366,00099.5%
Birchwood Village10-$700,000$0-
Scandia24-50%$615,000$457,50034.4%
Lake Elmo6520%$602,500$500,00020.5%
Woodbury6367-6%$390,000$339,99914.7%
Hugo1516-6.3%$376,500$330,00014.1%
Stillwater1518-16.7%$360,000$342,2505.2%
Cottage Grove2231-29%$340,250$285,00019.4%
Forest Lake1219-36.8%$332,500$274,00021.4%
Mahtomedi6520%$329,500$381,000-13.5%
Newport23-33.3%$320,000$262,00022.1%

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