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Hugo, MN 55038 Real Estate & Property Data

Hugo, MN 55038 Real Estate Market Trends

Last Updated: April 28, 2024

A total of 411 residential properties have been sold over the past 12 months in 55038. With a median sales price of $392,800 in 55038 and a total of 1 foreclosures in Hugo, MN 55038. Discover market trends and get the granular level real estate data for Hugo, MN 55038 to keep your pulse on the housing market. Curate compelling home reports for Hugo, MN 55038 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Hugo, MN 55038 Real Estate Market Trends

Get property data for any address in Hugo, MN 55038 or the country:

Total Residential Properties 9,483

Total Commercial Properties 169

Avg. Home Age (Single Family Home) 27 Years

Avg. Square Feet (Single Family Home) 1,835

Total 2024 Residential Sales (year-to-date) 35

% of Homes Seriously Underwater (Q2 2024) 0.78%

Total 2023 Residential Sales 405

% of Equity Rich Homes (Q2 2024) 27.78%

Effective 2023 Property Tax 1.07%

Total Foreclosure Filings (year-to-date) 4

Hugo, MN 55038 Real Estate Overview

There were 411 residential properties sold in the past year in Hugo, MN 55038. The median home value in Hugo, MN 55038 is $421,025. There are a total of 9,483 residential properties in the 55038.

Median Sales Price i

$392,800

(Feb 2024)

+16.4%

year-over-year

y-o-y

February '24 Feb '24 $392,800
January '24 Jan '24 $531,400
December '23 Dec '23 $499,900
November '23 Nov '23 $492,495
October '23 Oct '23 $464,495
September '23 Sep '23 $520,000
August '23 Aug '23 $542,000
July '23 Jul '23 $520,593
June '23 Jun '23 $516,993
May '23 May '23 $480,000
April '23 Apr '23 $580,000
March '23 Mar '23 $440,000

Median Down Payment i

$9,318

(Feb 2024)

-86.3%

year-over-year

y-o-y

February '24 Feb '24 $9,318
January '24 Jan '24 $45,481
December '23 Dec '23 $85,500
November '23 Nov '23 $56,625
October '23 Oct '23 $76,800
September '23 Sep '23 $116,499
August '23 Aug '23 $90,000
July '23 Jul '23 $70,079
June '23 Jun '23 $102,585
May '23 May '23 $91,882
April '23 Apr '23 $29,000
March '23 Mar '23 $57,500

Number of Homes Sold i

20

(Feb 2024)

+17.6%

year-over-year

y-o-y

February '24 Feb '24 20
January '24 Jan '24 15
December '23 Dec '23 29
November '23 Nov '23 33
October '23 Oct '23 39
September '23 Sep '23 41
August '23 Aug '23 35
July '23 Jul '23 43
June '23 Jun '23 46
May '23 May '23 41
April '23 Apr '23 17
March '23 Mar '23 35

Number of Purchase Loans i

25

(Feb 2024)

+47.1%

year-over-year

y-o-y

February '24 Feb '24 25
January '24 Jan '24 14
December '23 Dec '23 30
November '23 Nov '23 32
October '23 Oct '23 29
September '23 Sep '23 41
August '23 Aug '23 32
July '23 Jul '23 41
June '23 Jun '23 34
May '23 May '23 39
April '23 Apr '23 14
March '23 Mar '23 26

Number of REFI Loans i

13

(Feb 2024)

+44.4%

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 5
December '23 Dec '23 13
November '23 Nov '23 8
October '23 Oct '23 22
September '23 Sep '23 15
August '23 Aug '23 19
July '23 Jul '23 18
June '23 Jun '23 20
May '23 May '23 17
April '23 Apr '23 14
March '23 Mar '23 14

Number of HELOC Loans i

9

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 6
December '23 Dec '23 15
November '23 Nov '23 13
October '23 Oct '23 5
September '23 Sep '23 8
August '23 Aug '23 16
July '23 Jul '23 11
June '23 Jun '23 13
May '23 May '23 13
April '23 Apr '23 12
March '23 Mar '23 4

Hugo, MN 55038 Real Estate Market Overview

Last 30 days

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Hugo, MN 55038 Foreclosure Activity

There were a total of 1 Hugo, MN 55038 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 5
June '23 Jun '23 3
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 3

Foreclosure Starts i

1

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 2
August '23 Aug '23 1
July '23 Jul '23 5
June '23 Jun '23 3
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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