55038 Real Estate Market

55038 Market

The median sale price for homes in 55038 over the last 12 months is $167,900.


The median mortgage debt is $169,861.

Additional Statistics for Single Family Homes and Condos in Hugo, MN
$251,080
Median Listing Price
55
Median Days on Market
135
Active Listings
34.8%
Distressed Listings
(foreclosures and short sales)
55038 (Hugo, MN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Hugo is $299,900.

The price per square foot for listings in this area is $122.

The median sale price in December for single family homes is $194,950. The sale prices increased by 66.62% from the previous month.

The price per square foot for sales in this area is $125.

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55038 (Hugo, MN) Market Inventory Trends

The number of active listings in Hugo increased by 4.3% from the previous month.

The median number of days active properties have been listed is 58. This is significantly shorter than the national average.

The number of sales in December dropped by 30.4% from the previous month.

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55038 (Hugo, MN) Property Ownership

The percent of unoccupied properties is very low in Hugo. It is -10.84% below the national average.

The percent of owner occupied properties in Hugo is 27.55% above the national average.

The percent of rental properties in Hugo is 13.91% below the national average.

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