Housing in Hugo, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$428,825
Median List Price
$459,102
Price Per Sq Ft
$191
Days on Market
70
Active Inventory
57
Months of Supply
2.9
Seller's market
Zillow Home Value
$420,629
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
5.0%
Off Market in 2 Weeks
23.5%
Sale-to-List Ratio
97.8%
Buyer's market
Market Activity
Source: RedfinHomes Sold
20
New Listings
26
Pending Sales
17
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$191
Median List $/SF
$208
Hugo vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Hugo is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$394,200
Median Rent
$1,896
Total Housing Units
6,522
Vacancy Rate
2.9%
Owner Occupied
89.2%
Renter Occupied
10.8%
Median Property Tax
$3,889
per year
Monthly Cost (w/ Mortgage)
$1,655
Housing Types
The current median sale price in Hugo, MN is $428,825 according to Redfin data. Homes spend a median of 70 days on the market. 5.0% of homes sold above asking price. The market has 2.9 months of supply. The median price per square foot is $191. The median rent is $1,896 per month (Census ACS). About 89.2% of housing units are owner-occupied. The median year homes were built is 2003. There are 6,522 total housing units.