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Foreclosure Homes in Hugo, MN

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5 Goodview-trl-n-Hugo-MN-55038
Preforeclosure
$418,205 EMV

Goodview Trl N
Hugo, MN 55038

4 Bed | 5 Bath | 2,832 Sq. Ft.

132nd-way-n-Hugo-MN-55038
Bankruptcy
$217,239 EMV

132nd Way N
Hugo, MN 55038

3 Bed | 2.5 Bath | 1,744 Sq. Ft.

Center-st-Hugo-MN-55038
Bankruptcy

Center St
Hugo, MN 55038

73rd-st-Hugo-MN-55038
Bankruptcy

73rd St
Hugo, MN 55038

Displaying 1 - 4 of 4
 

Foreclosure Homes in Hugo, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Hugo, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Hugo, MN and much more. Save thousands at closing with home foreclosure listings in Hugo, MN — up to 75% off market value!


Top Reasons To Live In Hugo, MN In 2021

Hugo is located in Washington, Minnesota, with an estimated municipal population of 15,267 residents. All of the best foreclosed homes for sale in Hugo are located in the following zip code areas on Foreclosure.com: 55110 55038. The estimated population per square kilometer (.62 miles) in Hugo is 176.


Cost Of Living In Hugo, MN

So, about how much do homes cost in Hugo? The most recent median value of resident-owned homes in Hugo is 257,430. An estimated 84.2 percent of households in Hugo own their homes, with an average family size of 3.14. The median household income in Hugo is 89,969, with45.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hugo, the median commute time of resident workers (in minutes) is 27.8. And last, but certainly not least, are you looking for homes to rent in Hugo? If so, the average rent price paid by renters in Hugo is 1,500, according to recent statistics.


Diversity And Demographics In Hugo, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hugo, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Hugo is 35.7, split between 49 percent male versus 51 female. The percentage of residents who report being married in Hugo is 56.9, with an average family size of 3.14.

The percentage of residents who report their race in Hugo is as follows:

White 94.7%
Black / African American 1%
Asian 2.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.8%
Other 0.1%

Looking for family-friendly neighborhoods in and/or near Hugo? Or maybe you are searching for 55+ active adult communities in and/or near Hugo?

The percentage of residents who report their age in Hugo is as follows:

Under 10 15.5%
Aged 10-19 11.8%
20s 13.2%
30s 15%
40s 15.5%
50s 11.1%
60s 9.9%
70s 4.8%
80+ 3%

Best Schools In Hugo, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hugo with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hugo.


Pros And Cons Of Living In Hugo, Minnesota

How do you know that living in -- or moving to -- Hugo is right where you need to be? Perhaps you grew up in Hugo or already live nearby; therefore, the decision to buy a home in Hugo is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hugo for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hugo:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hugo.


Reasons To Move To Hugo, Minnesota, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hugo can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hugo, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Hugo, MN

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