Hugo, MN Real Estate Market Summary – September 8, 2026

In Hugo, MN, a total of 28 homes were sold in the past 30 days, with an average sale price of $451,642 and a median sale price of $425,000. The average home sold had 2,210 square feet of living space and was built in 1998. Homes were on the market for an average of 15 days before being sold.

Metric 30 Days
Number Sold 28
Sold Per Day 1 every 1.07 days
Average SQFT 2210
Median Sales Price $425,000
Average Sales Price $451,642
Average Price Per SQFT $207
Average Days on Market 15
Average Year Built 1999

 

Hugo, MN Single Family Home Analysis

For single-family homes, 18 properties changed hands, with an average sale price of $542,115. These homes averaged about 2,547 square feet and were built around 1995, taking an average of 15 days to go under contract.

Metric 30 Days
Number Sold 18
Sold Per Day 1 every 1.67 days
Average SQFT 2547
Median Sales Price $537,500
Average Sales Price $542,115
Average Price Per SQFT $222
Average Days on Market 15
Average Year Built 1996

 

Hugo, MN Condo & Townhome Analysis

In the condo and townhome segment, 10 properties sold at an average price of $288,790. These homes averaged 1,603 square feet and were built in the early 2000s, with an average marketing duration of about 14 days.

Metric 30 Days
Number Sold 10
Sold Per Day 1 every 3.00 days
Average SQFT 1603
Median Sales Price $277,500
Average Sales Price $288,790
Average Price Per SQFT $181
Average Days on Market 14
Average Year Built 2004

 

Buyer & Seller Analysis

  • Average sale price of $451,642 for all homes.
  • Average days on market was 15.
  • 1 new listing appears approximately every 1.07 days.
  • The market saw 28 sales in total over the last month.

Conclusion

Overall, the market in Hugo is showing consistent activity with a stable pace of sales. The average time on the market reflects a moderately active environment for home sales.

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