$1,661 Closing Credit*
$139,900
884 SqFt
2 Beds
•1 Full Bath
Faith Carpenter, 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 October 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
$250,750
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,550(+9.9%)
Key Takeaway
Homes in Hastings have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Hastings was $250,750 in October 2024, up 9.9% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $80K | $134.5K | +68.1% |
| 2 Bedrooms | $167K | $230K | +37.7% |
| 3 Bedrooms | $226.4K | $250K | +10.4% |
| 4 Bedrooms | $277.5K | $278.9K | 0.5% |
| 5+ Bedrooms | $321K | $356.6K | +11.1% |
Summary: Hastings housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.1%, 2 bedroom homes increased by 37.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Hastings Charter Township | $226K | $250K | +10.6% |
| Hastings | $228.2K | $250.7K | +9.9% |
| Rutland Charter Township | $305K | $305K | 0.0% |
Housing Supply in Hastings, MI
How many homes are available in Hastings, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 | 89 | +6.0% |
Summary: The Hastings real estate market had 89 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 18 | +12.5% |
| 3 Bedrooms | 35 | 40 | +14.3% |
| 4 Bedrooms | 24 | 23 | -4.2% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Hastings housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hastings, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Hastings in October 2024, down by 5.0% month-over-month. Of the 19 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 33 Days | +81.2% |
Summary: Homes in Hastings had an average of 33 days on market in Oct 2024, up by 81.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were 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 October 2024, 19 homes were sold in Hastings; 63% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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