Hugo, MN Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Hugo, MN is $395,000, up 4.3% year-over-year. Homes sell in an average of 92 days with 63 active listings. The market is currently a leaning buyer's.
$395,000median sale price
Is Hugo a buyer's or seller's market?
Hugo, MN is currently a leaning buyer's, based on 4.2 months of supply and homes selling in about 92 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
92
Average pace
Active listings
63
4.2 months supply
Sale-to-list
98.6%
Below asking
Hugo, MN market data
| Metric | Value |
|---|---|
| Median sale price | $395,000 |
| Median list price | $525,000 |
| Year-over-year price change | +4.3% |
| Average days on market | 92 days |
| Active inventory | 63 listings |
| Months of supply | 4.2 months |
| Sale-to-list price ratio | 98.6% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated weekly
The Hugo housing market is currently classified as a leaning buyer's with a median sale price of $395,000. Prices have risen 4.3% compared to last year, with homes spending an average of 92 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Hugo
There are currently 63 homes listed for sale in Hugo, Minnesota. The median listing price is $525K.
Active listings
63
Homes on market
Median list price
$525K
Avg. days on market
92
Days until sale
New this week
27
Newly listed
Top public schools in Hugo
4 schools tracked · 941 students
The largest public schools serving Hugo, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
North Star Elementary
Grades K-5 · 476 students
ONEKA ELEMENTARY SCHOOL
Grades PK-5 · 423 students
WHITE BEAR TRANSITION PLUS PROGRAM
Grades 10-12 · 42 students
AWARE
Grades 6-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Hugo?
The median home sale price in Hugo is $395,000, up 4.3% from last year.
How long do homes stay on market in Hugo?
Homes typically spend 92 days on market before going under contract.
Is Hugo a buyer's or seller's market?
With 4.2 months of supply, Hugo is currently a leaning buyer's.
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