Call or Text (240) SELL-123

HUGO, MN 55038

Real Estate Market Report  ·  Washington County
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The HUGO, MN real estate market (55038) currently shows 119 active listings, with 37 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has tightened compared to last year, with 44 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 40 days on market compared to 43 days last year.

The median listing price has fallen 3.9% year-over-year, from $513,561 to $493,500.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for HUGO, MN 55038 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 23,764  ·  Density: 181.7/mi²  ·  Median household income: $122,099

Typical home value: $371,803  ·  Homeownership: 89.5%

Market Overview

Active Listings
119
⇩ 27% vs 163 last year
Pending
37
31% pending ratio
Median Price
$493,500
⇩ 3.9% vs $513,561 last year
Average Price
$568,477
⇩ 5.7% vs $602,542 last year
Days on Market
40
⇩ 7% vs 43 days last year

Price Per Square Foot

Median $/sqft
$198
⇩ 3.9% vs $206/sqft last year
Median Home Size
2,352 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 163 last year
  • Days on market: 40 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $493,500 (-3.9% YoY)
  • Average: $568,477 (-5.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.4 miles — 609 listings ($351,299,623 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55038Hugo, MN 550380.0 mi118$72,886,240$554,328$617,680
55025Forest Lake, MN 550256.8 mi67$42,728,111$471,150$637,733
55115Saint Paul, MN 551157.2 mi23$19,322,553$772,475$840,111
55090Willernie, MN 550908.0 mi1$349,900$349,900$349,900
55082Stillwater, MN 550829.5 mi81$67,874,760$579,750$837,960
55073Scandia, MN 5507310.4 mi2$1,348,334$650,000$674,167
55109Saint Paul, MN 5510910.9 mi68$22,983,252$329,675$337,989
55092Wyoming, MN 5509212.4 mi31$14,473,373$452,082$466,883
55042Lake Elmo, MN 5504212.8 mi63$53,289,117$690,000$845,859
55117Saint Paul, MN 5511713.0 mi79$26,591,163$248,750$336,597
55013Chisago City, MN 5501313.6 mi16$11,430,000$521,250$714,375
55432Minneapolis, MN 5543214.3 mi40$12,990,760$319,900$324,769
55130Saint Paul, MN 5513014.4 mi20$5,032,060$244,900$251,603

Frequently Asked Questions

How many homes are for sale in HUGO, MN 55038?

As of September 2026, there are 119 active listings in HUGO, MN (zip code 55038), compared to 163 the prior year.

What is the median home price in HUGO, MN 55038?

The median listing price in HUGO, MN 55038 is $493,500 as of September 2026, a 3.9% decrease from $513,561 the prior year.

How long do homes stay on the market in HUGO, MN?

Homes in HUGO, MN 55038 spend an average of 40 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in HUGO, MN 55038?

Based on current inventory and days-on-market data as of September 2026, HUGO, MN 55038 is currently a Seller's Market. Inventory has tightened compared to last year, with 44 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 43 days last year.

How much can I save on real estate commission in HUGO, MN?

With SELL123.com's maximum 3% commission, sellers in HUGO, MN 55038 save an estimated $9,870 compared to a typical 5% commission on the median listing price of $493,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.