Hugo, MN housing market
The typical Hugo home is worth about $438,000, up 2.6% in a year, 25% above the Minnesota typical home. Homes typically sell in 26 days, close to asking.
Home values, sales, trends and how Hugo compares with the towns next door — updated as new data is published.
Hugo at a glance
A seller's market
Supply is tight — about 2.2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Hugo | Minnesota |
|---|---|---|
| 2017 | $280,000 | $217,000 |
| 2018 | $296,000 | $232,000 |
| 2019 | $316,000 | $246,000 |
| 2020 | $330,000 | $259,000 |
| 2021 | $353,000 | $282,000 |
| 2022 | $399,000 | $313,000 |
| 2023 | $414,000 | $325,000 |
| 2024 | $422,000 | $331,000 |
| 2025 | $430,000 | $341,000 |
| 2026 | $435,000 | $349,000 |
| August 2026 | $438,000 | $351,000 |
Hugo and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Hugo | $438K | +2.6% | 26 | $116,228 |
| Lino Lakes | $456K | +1.5% | 47 | $127,181 |
| Forest Lake | $429K | +3.6% | 22 | $92,944 |
| Grant | $733K | +3.6% | — | $150,875 |
3.8 years of income
The typical Hugo home costs about 3.8 years of the town's median household income, about the same as across Minnesota (3.9).
How Hugo ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.