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Monday, November 25, 2024

What happened to the median home price in Hugo during December 2021?

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The median sale price of a home sold in December 2021 in Hugo fell by $19,551 while total sales increased by 100%, according to BlockShopper.com.

In December 2021, there were 18 homes sold, with a median sale price of $262,450 - a 6.9% decrease over the $282,000 median sale price for the same period of the previous year. There were nine homes sold in Hugo in December 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 December 2021.

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

CityDec. 2021 Home SalesDec. 2020 Home Sales% change (Total Home Sales)Dec. 2021 Median Sales PriceDec. 2020 Median Sales Price% change (Median Sales Price)
Cottage Grove2434-29.4%$342,500$315,0008.7%
Oakdale25238.7%$300,000$239,50025.3%
Lake St. Croix Beach30-$300,000$0-
Forest Lake15147.1%$287,000$335,500-14.5%
Afton330%$280,000$400,000-30%
Lakeland12-50%$275,000$256,0007.4%
Birchwood Village20-$271,000$0-
Hugo189100%$262,449.50$282,000-6.9%
Oak Park Heights550%$252,000$265,000-4.9%
St. Paul Park7540%$240,000$280,000-14.3%
Newport220%$222,500$316,000-29.6%

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