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Town comparisons › Hugo vs Limon

Hugo vs Limon

Hugo and Limon are both in Lincoln County. There are 6 homes for sale in Hugo and 13 in Limon as this page loaded. Limon is the more expensive of the two: a median asking price of $245,000 against $181,430 in Hugo, about 35% higher. Homes are moving faster in Limon — a median of 53 days on market against 80 in Hugo. Hugo is a buyer's market right now and Limon is a balanced market.

Side by side

MeasureHugoLimon
Homes for sale613
New in last 30 days04
Median asking price$181,430$245,000
Median price per sq ft$142$180
Median size (sq ft)1,3931,229
Median bedrooms33
Median days on market8053
Months of supply7.24.1
Sold, last 12 months1038
Median sold price$194,450$280,000
Median days to sell142128
Sold vs asking price97.0%97.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Hugo is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Limon is a balanced marketBetween three and six months of supply is the range where neither side has the upper hand - well-priced homes sell and buyers still have room to negotiate.

Hugo

6
Homes for sale
$181,430
Median asking price
$142
Median per sq ft
80
Median days on market

Limon

13
Homes for sale
$245,000
Median asking price
$180
Median per sq ft
53
Median days on market

Look at either town on its own

Questions people ask

Is Hugo or Limon more expensive?

Limon is more expensive. The median asking price is $245,000 in Limon against $181,430 in Hugo. By price per square foot, Hugo runs $142 and Limon $180.

Which moves faster, Hugo or Limon?

Homes for sale in Limon have been on the market a median of 53 days, against 80 days in Hugo. Of the homes that actually closed in the last twelve months, Hugo took a median of 142 days and Limon 128.

Is Hugo or Limon the better market for a buyer?

Hugo is a buyer's market and Limon is a balanced market, measured on months of supply — 7.2 months in Hugo and 4.1 in Limon. More months of supply means more choice and more room to negotiate, so on that measure Hugo is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Hugo and Limon?

There are 6 homes for sale in Hugo and 13 in Limon as this page loaded, 0 and 4 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.