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Hugo, Oklahoma Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
28
Sold (12M)
9
Median Price
$90K
Market Condition
Strong Buyer's Market

Hugo, Oklahoma Market Meter

Buyer'sSeller's
Strong Buyer's Market

84.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$90K
Avg Price/Acre
$5K
Avg Days on Market
44
Months of Supply
84.0
YoY Price Change
-
New Listings (3M)
9

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres--23
5-10 acres----
10-20 acres--13
20-50 acres--22
50-100 acres-111
100+ acres----
TOTAL0169
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
1-2 acres0 sold / 2 listed
2-5 acres3 sold / 7 listed
5-10 acres0 sold / 3 listed
10-20 acres3 sold / 7 listed
20-50 acres2 sold / 5 listed
50-100 acres1 sold / 1 listed
100+ acres0 sold / 1 listed

Median Price by Acreage

$0$140K$280K
2- 5
10- 20
20- 50
50- 100

Acreage buckets

Key Market Indicators

Total Sales Volume
$828K
Last 12 months
Active Listings
28
Current inventory
Avg Days on Market
44
Time to sell
Price Trend (YoY)
-
Year over year

Hugo, Oklahoma Land Market Analysis

How much is land worth in Hugo, Oklahoma?

The median price for land in Hugo, Oklahoma is currently $5K per acre. For a typical parcel, the median sale price is $90K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $9K while premium lots reached $142K.

Is now a good time to buy land in Hugo, Oklahoma?

Hugo, Oklahoma is currently a strong buyer's market with 84.0 months of supply. Buyers have more negotiating power and can take time to find the right property.

What is the months of supply for land in Hugo, Oklahoma?

Hugo, Oklahoma currently has 84.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the median land price in Hugo, Oklahoma?

The median land price in Hugo, Oklahoma stands at $90K. This translates to roughly $5K per acre for the typical parcel size. The average price is $92K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in Hugo, Oklahoma?

The 3-month absorption rate in Hugo, Oklahoma is 1.2%. The 12-month rate is 2.7%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total amount sold in Hugo, Oklahoma last year?

Over the past 12 months, Hugo, Oklahoma saw 9 properties sold, totaling $828K in sales volume. In just the last 3 months, 1 properties changed hands.

What is the average price per acre in Hugo, Oklahoma?

Land in Hugo, Oklahoma averages $6K per acre. The median price per acre is $5K, which may be more representative of typical transactions. Most parcels sold are around 11.0 acres.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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