$1,780 Closing Credit*
$149,900
1,170 SqFt
3 Beds
•1 Full Bath
Justin R Peck, Listing Office: Miller Real Estate
Is Hastings, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Hastings has remained a Seller's Market.
Key Takeaway
Hastings is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hastings, MI
How much do homes in Hastings, MI cost?
Median Sold Price
$250,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$20,000(+8.7%)
Key Takeaway
Homes in Hastings have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Hastings was $250,000 in September 2024, up 8.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $140K | +211.1% |
| 2 Bedrooms | $167K | $232.2K | +39.0% |
| 3 Bedrooms | $223K | $250K | +12.1% |
| 4 Bedrooms | $284.2K | $272K | -4.3% |
| 5+ Bedrooms | $321K | $371.1K | +15.6% |
Summary: Hastings housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 211.1%, 2 bedroom homes increased by 39%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 15.6%.
Median Sold Price Compared To Nearby Cities
| Hastings Charter Township | $228.2K | $250K | +9.6% |
| Hastings | $230K | $250K | +8.7% |
| Rutland Charter Township | $305K | $302.5K | -0.8% |
Housing Supply in Hastings, MI
How many homes are available in Hastings, MI?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 72 | 83 | +15.3% |
Summary: The Hastings real estate market had 83 homes for sale in September 2024, a 15.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 14 | 24 | +71.4% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Hastings housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hastings, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Hastings in September 2024, down by 13.6% month-over-month. Of the 19 sold homes, 58% were sold under asking, 11% were sold at asking, and 32% were sold over asking.
Days on Market for Hastings, MI
How long does it take to sell a home in Hastings, MI?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 20 Days | 25 Days | +26.0% |
Summary: Homes in Hastings had an average of 25 days on market in Sep 2024, up by 26% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Hastings are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 19 homes were sold in Hastings; 84% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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