Is Hugo, CO 80821 a buyer’s or seller’s market?
Hugo is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hugo housing market right now
In the three months ending August 31, 2026, 0% of homes in Hugo, CO 80821 sold above their list price, the typical home went under contract in 105 days and there were 12.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (29 days then) and the median sale price fell 73% to $84,963. Overall, Hugo is less competitive than a year ago, which gives buyers more room.
Within Lincoln County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Rush 80833 (60% sold over asking) is even more competitive.
Run the numbers for 80821
Nearby markets
Arriba 80804Buyer’s market $103 /sq ftGenoa 80818Buyer’s market $123 /sq ftKarval 80823 — /sq ftLimon 80828Seller’s market $151 /sq ft Browse all markets →Towns like Hugo nearby
Find towns like Hugo in other states →Where Hugo is
Loading map…
Questions about Hugo real estate
Is Hugo a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Hugo, CO 80821 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hugo?
The typical home went under contract in 105 days in the latest three months.
Do homes in Hugo sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 85.0% of the list price.
What are property taxes in Hugo?
About 0.44% of a home’s value a year in Lincoln County, or roughly $1,760 on a $400,000 home.
What is the median home price in Hugo?
The median sale price was $84,963 in the three months ending August 31, 2026, about $42 per square foot.
Local agents
See all agents in 80821 →No sponsored agents in 80821 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 80821
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology