Sale prices by area / Hugo
Hugo: what homes actually sold for
Every sale below comes from the certificate of real estate value (eCRV) filed with the state when property changes hands. The median arm's-length price in 2026 was $424,950, up 113% from $199,500 in 2015.
Median price (2026)
$424,950
Sales in 2026
170
Investor/entity buyers
12%
Median sale price by year
| Year | Median | Middle half | Sales | Investor share |
|---|---|---|---|---|
| 2015 | $199,500 | $155,000 to $331,500 | 395 | 11.1% |
| 2016 | $205,000 | $159,900 to $329,950 | 487 | 12.9% |
| 2017 | $210,950 | $169,825 to $355,651 | 520 | 9.0% |
| 2018 | $225,000 | $180,000 to $378,500 | 519 | 12.7% |
| 2019 | $236,250 | $190,000 to $380,722 | 496 | 18.8% |
| 2020 | $295,000 | $210,000 to $414,000 | 531 | 14.9% |
| 2021 | $360,000 | $230,000 to $472,206 | 657 | 18.6% |
| 2022 | $401,000 | $265,000 to $586,550 | 503 | 16.9% |
| 2023 | $354,375 | $270,600 to $524,975 | 350 | 15.7% |
| 2024 | $404,400 | $285,875 to $527,374 | 450 | 9.8% |
| 2025 | $424,950 | $287,500 to $551,999 | 442 | 11.1% |
| 2026 | $424,950 | $295,000 to $580,000 | 170 | 11.8% |
Arm's-length sales only: gifts, related-party transfers, and sales flagged as non-market are excluded, as are prices under $3,000. Investor share counts sales where a buyer is an organization (LLC, trust, company) rather than an individual.
Largest sales in the last 12 months
| 5858 152nd Street | March 27, 2026 | $7,635,942 |
| XXX | April 10, 2026 | $3,000,000 |
| 15717 Forest Boulevard North | December 31, 2025 | $2,100,000 |
| 12255 Ethan Avenue N | April 10, 2026 | $1,700,000 |
| xxx | December 23, 2025 | $1,601,904 |
| 12388 Keller Avenue N | April 3, 2026 | $1,550,000 |
| 8991 130th St N | August 8, 2025 | $1,400,000 |
| 12112 121st Ct N | October 24, 2025 | $1,330,797 |
Large transactions are often commercial or multi-parcel deals, not single homes.
Wondering how your own assessment compares to what homes really sell for? Check your address with the free assessment lookup, run the two-minute appeal checkup, and know this year's appeal deadlines.
Source: Minnesota Department of Revenue eCRV weekly sales extracts, October 2014 to present, updated weekly. Medians and shares are computed from arm's-length sales as described above.