Is Hastings, MN 55033 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hastings is a seller’s market. With about 1.8 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score74/ 100

More competitive than 79% of U.S. ZIP codes, and #100 of 296 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply1.8Under 4 months = seller’s market
Sold above original list31.2%Share of sales, last 3 months
Median sale-to-list99.8%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$187▲ +1.0% vs. last year

The Hastings housing market right now

In the three months ending August 31, 2026, 31% of homes in Hastings, MN 55033 sold above their list price, the typical home went under contract in 20 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 115 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 37%, homes sold faster (22 days then) and the median sale price rose 3% to $361,344. Overall, Hastings is less competitive than a year ago, which gives buyers more room.

Within Dakota County, homes here sell faster than in 81% of the county’s ZIP codes, and sell less often over asking than in 56%. On our competition score, Hastings ranks #100 of 296 MN ZIP codes with enough sales (score 74 out of 100).

Nearby, buyers who want less competition could look at Hampton 55031 (0% sold over asking) or Rosemount 55068 (25% sold over asking), while Saint Paul 55120 (55% sold over asking) and South Saint Paul 55075 (51% sold over asking) are even more competitive.

Nearby markets

Burnsville 55306Seller’s market $187 /sq ftBurnsville 55337Seller’s market $180 /sq ftFarmington 55024Seller’s market $192 /sq ftHampton 55031Buyer’s market $192 /sq ft Browse all markets →

Where Hastings is

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Questions about Hastings real estate

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

A seller’s market: there were 1.8 months of supply in Hastings, MN 55033 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hastings?

The typical home went under contract in 20 days in the latest three months.

Do homes in Hastings sell over asking?

31% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.

What are property taxes in Hastings?

About 0.98% of a home’s value a year in Dakota County, or roughly $3,920 on a $400,000 home.

What is the median home price in Hastings?

The median sale price was $361,344 in the three months ending August 31, 2026, about $187 per square foot.

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