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East Twin Cities

Monday, November 25, 2024

Hugo home prices rose in 2021

Realestate4

The median sale price of a home sold in 2021 in Hugo rose by $34,500 while total sales increased by 9.2%, according to BlockShopper.com.

From January through December of 2021, there were 274 homes sold, with a median sale price of $275,500 - a 14.3% increase over the $241,000 median sale price for the previous year. There were 251 homes sold in Hugo in 2020.

The median sales tax in Hugo for the most recent year with available data, 2020, was $3,400, approximately 1.2% of the median home sale price for 2021.

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

CityJan. - Dec. 2021 Home SalesJan. - Dec. 2020 Home Sales% change (Total Home Sales)Jan. - Dec. 2021 Median Sales PriceJan. - Dec. 2020 Median Sales Price% change (Median Sales Price)
Bayport37348.8%$333,750$303,00010.1%
Cottage Grove50143614.9%$330,000$285,00015.8%
Lakeland271942.1%$315,000$250,00026%
Forest Lake30627212.5%$308,000$266,25015.7%
Lake St. Croix Beach171070%$298,000$265,00012.5%
Oak Park Heights55533.8%$285,000$255,00011.8%
Oakdale44738017.6%$284,601$250,00013.8%
Hugo2742519.2%$275,500$241,00014.3%
St. Paul Park906930.4%$267,950$241,50011%
Newport533743.2%$250,000$245,9001.7%
Willernie141040%$234,983.50$254,000-7.5%

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