Is Hastings, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hastings is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Hastings was a Seller's Market.

Key Takeaway

Hastings is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hastings, NY

How much do homes in Hastings, NY cost?

Median Sold Price

$255,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,625(+10.2%)

Key Takeaway

Homes in Hastings have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Hastings was $255,000 in October 2024, up 10.2% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $182.7K$155K
-15.2%
3 $227.5K$220.9K
-2.9%
4 $310K$290K
-6.5%
5+ $337K$312.5K
-7.3%

Summary: Hastings housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.2%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 7.3%.

Median Sold Price Compared To Nearby Cities

West Monroe
+20.8%
Hastings
+10.2%
Pennellville
+6.8%
Central Square
+2.2%

Housing Supply in Hastings, NY

How many homes are available in Hastings, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2319-17.4%

Summary: The Hastings real estate market had 19 homes for sale in October 2024, a 17.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 99
0.0%
4 63
-50.0%
5+ 75
-28.6%

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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hastings, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Hastings in October 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Hastings, NY

How long does it take to sell a home in Hastings, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days2 Days-86.2%

Summary: Homes in Hastings had an average of 2 days on market in Oct 2024, down by 86.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hastings are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Hastings; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Hastings, NY

Nearby Markets to Hastings, NY

What housing markets are near Hastings, NY?