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HUGO, MN 55038

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

Market Overview

Active Listings
103
⇩ 20.8% vs 130 last year
Pending
41
40% pending ratio
Median Price
$534,123
⇧ 7.7% vs $495,848 last year
Average Price
$620,800
⇧ 9.1% vs $568,770 last year
Days on Market
43
⇩ 10.4% vs 48 days last year

Market Context

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

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

Market Analysis

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

The HUGO, MN real estate market (55038) currently shows 103 active listings, with 41 pending sales. Homes are averaging 43 days on the market before going under contract.

Inventory has tightened compared to last year, with 27 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 43 days on market compared to 48 days last year.

The median listing price has risen 7.7% year-over-year, from $495,848 to $534,123.

Whether you are buying or selling in HUGO, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 103 this year vs 130 last year
  • Days on market: 43 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $534,123 (+7.7% YoY)
  • Average: $620,800 (+9.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.4 miles — 543 listings ($312,603,919 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55038Hugo, MN 550380.0 mi103$63,942,400$534,123$620,800
55025Forest Lake, MN 550256.8 mi67$38,999,695$457,450$582,085
55115Saint Paul, MN 551157.2 mi21$17,281,383$830,000$822,923
55090Willernie, MN 550908.0 mi1$349,900$349,900$349,900
55082Stillwater, MN 550829.5 mi72$64,084,752$575,000$890,066
55073Scandia, MN 5507310.4 mi2$2,130,000$1,065,000$1,065,000
55109Saint Paul, MN 5510910.9 mi60$21,171,420$325,000$352,857
55092Wyoming, MN 5509212.4 mi31$14,495,414$447,032$467,594
55042Lake Elmo, MN 5504212.8 mi53$43,950,568$662,500$829,256
55117Saint Paul, MN 5511713.0 mi68$22,480,188$249,900$330,591
55013Chisago City, MN 5501313.6 mi13$9,164,519$515,000$704,963
55432Minneapolis, MN 5543214.3 mi35$10,179,155$302,500$290,833
55130Saint Paul, MN 5513014.4 mi17$4,374,525$249,900$257,325

Frequently Asked Questions

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

As of January 2026, there are 103 active listings in HUGO, MN (zip code 55038), compared to 130 the prior year.

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

The median listing price in HUGO, MN 55038 is $534,123 as of January 2026, a 7.7% increase from $495,848 the prior year.

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

Homes in HUGO, MN 55038 spend an average of 43 days on the market before going under contract, compared to 48 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 January 2026, HUGO, MN 55038 is currently a Seller's Market. Inventory has tightened compared to last year, with 27 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 43 days on market compared to 48 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 $10,682 compared to a typical 5% commission on the median listing price of $534,123. 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.