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Featured local agent — Hastings, MN
Sarah Mitchell
Compass Real Estate · Hastings, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hastings, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$365,500median sale price
How is the Hastings, MN housing market right now?
The median home sale price in Hastings, MN is $365,500, up 5.0% year-over-year. Homes sell in an average of 16 days with 30 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hastings a buyer's or seller's market?
Hastings, MN is currently a strong seller's market, based on 0.9 months of supply and homes selling in about 16 days. How we determine this →
Homes sold
35
Last 12 weeks
Days on market
16
Fast-moving
Active listings
30
0.9 months supply
Sale-to-list
101.5%
Above asking
What does the Hastings housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $365,500 |
| Median list price | $346,700 |
| Year-over-year price change | +5.0% |
| Average days on market | 16 days |
| Active inventory | 30 listings |
| Months of supply | 0.9 months |
| Sale-to-list price ratio | 101.5% |
| Median price per sq ft | $185/sq ft |
| Homes sold (latest month) | 35 |
| New listings (latest month) | 33 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hastings by property type?
How the Hastings, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $388,000 | $203/sq ft | 25 | 10 days |
| Condo / Co-op | $152,000 | $155/sq ft | 1 | 67 days |
| Townhouse | $280,250 | $171/sq ft | 10 | 32 days |
Source: Redfin · Updated monthly
The Hastings housing market is currently classified as a strong seller's market with a median sale price of $365,500. Prices have risen 5.0% compared to last year, with homes spending an average of 16 days on market, indicating 0.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.
Homes for sale in Hastings
There are currently 30 homes listed for sale in Hastings, Minnesota. The median listing price is $347K.
Active listings
30
Homes on market
Median list price
$347K
Avg. days on market
16
Days until sale
New this week
33
Newly listed
Who lives in Hastings?
Population
22,050
Median income
$92,940/yr
Median age
40.8 years
Owner-occupied
74.2%
College grads
28.9%
Avg commute
25.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Hastings?
Zillow home value
$388,896
Zillow rent index
$1,743/mo
Price-to-rent ratio
18.6x
Price-to-income
4.2x
Source: Zillow Research
What is it like to live in Hastings?
Hastings is a community of approximately 22K residents with a median age of 40.8 years.The median household income is $92,940, which reflects a relatively affluent area with strong earning potential. 28.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 74.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hastings offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hastings?
13 schools tracked · 4,121 students
The largest public schools serving Hastings, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
HASTINGS HIGH SCHOOL
Grades 9-12 · 1,390 students
HASTINGS MIDDLE SCHOOL
Grades 5-8 · 1,178 students
CHRISTA MCAULIFFE ELEMENTARY
Grades K-4 · 489 students
KENNEDY ELEMENTARY
Grades K-4 · 455 students
PINECREST ELEMENTARY
Grades K-4 · 439 students
HASTINGS EARLY CHILD SPECIAL ED.
Grades PK · 105 students
HASTINGS ALTERNATIVE CENTER
Grades 9-12 · 34 students
917 Riverside School
Grades 6-12 · 22 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hastings, MN?
Want a head-to-head view? Compare Hastings side-by-side with any other U.S. city using our market-comparison tool.
Is Hastings a good real estate investment market?
For investors evaluating Hastings, the price-to-rent ratio of 18.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hastings's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hastings's median home price.
Frequently asked questions
What is the average home price in Hastings?
The median home sale price in Hastings is $365,500, up 5.0% from last year.
How long do homes stay on market in Hastings?
Homes typically spend 16 days on market before going under contract.
What is the median income in Hastings?
The median household income is $92,940 per year.
Is Hastings a buyer's or seller's market?
With 0.9 months of supply, Hastings is currently a strong seller's market.
What is the Zillow home value estimate for Hastings?
The Zillow Home Value Index (ZHVI) for Hastings is $388,896, representing the typical home value in the area.
What is the median condo price in Hastings?
The median condo/co-op sale price in Hastings, MN is $152,000, compared to $388,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hastings?
The median single-family home price in Hastings, MN is $388,000 (about $203 per square foot).
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