Is Hastings, IA 51540 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Hastings is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Hastings housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Mills County, IA

Population	372
Median income	$84,375
Average income	$106,637
Median home value	$217,700
Median rent	$1,309/month
Owner-occupied	78% of homes
Median year built	1938

Natural hazard riskTornadoes (very high), winter storms (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 51540; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 51540

Prefilled for 51540Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51540Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Glenwood 51534Seller’s market $177 /sq ft Henderson 51541 $145 /sq ft Malvern 51551Seller’s market $250 /sq ft Pacific Junction 51561Seller’s market $139 /sq ft Browse all markets →

Where Hastings is

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Questions about Hastings real estate

What are property taxes in Hastings?

About 1.47% of a home’s value a year in Mills County, or roughly $5,880 on a $400,000 home.

Local agents

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More tools for 51540

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Mills County property taxes Mills County loan limits Closing costs in Iowa Hottest ZIP codes in Iowa

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology