Similar to its nearby areas, it's similar compared to the US as a whole. Compared to the city of Minneapolis however, it is a little less expensive.
Home prices
The median home in Hastings costs $214,900. It is approximately $5,060 (2%) higher compared to the surrounding areas.Compared to the US as a whole it is approximately $2,600 (1%) lower, and compared to the city of Minneapolis is roughly $36,700 (14%) lower.
Rents
Hastings's median monthly rent is $950. Compared to other places in this area it is roughly $85 (8%) lower.In comparison to the entire country it is roughly $112 (10%) lower, and is roughly $77 (7%) lower compared to the city of Minneapolis.
Nearby places
Prescott
Prescott is roughly 3 miles northeast of Hastings. Real estate prices there are somewhat less expensive. The median home price in Prescott is $186,500, which works out to $28,400 (15%) lower than Hastings. Rent there is pretty similar. Prescott's median monthly rent is $958, which is very similar to Hastings.
Vermillion
Vermillion is approximately 5 miles southwest of Hastings. Housing prices there are somewhat more expensive. The median home price in Vermillion is $228,600, which is $13,700 (5%) higher than Hastings. Rent there is a little less expensive. In Vermillion the median rent is $863 per month, which works out to $87 (10%) lower than Hastings.
Cottage Grove
Cottage Grove is approximately 6 miles northwest of Hastings. The housing prices there are a bit more expensive. Cottage Grove's median home price is $249,800, which is $34,900 (13%) higher than Hastings. The rent there is a little more expensive. The median monthly rent in Cottage Grove is $1,342, which comes out to $392 (29%) higher than Hastings.
Coates
Coates is about 7 miles west of Hastings. The housing prices there are somewhat less expensive. The price of the median home in Coates is $192,500, which comes out to $22,400 (11%) lower than Hastings. Rent there is a bit less expensive. The median monthly rent in Coates is $882, which works out to $68 (7%) lower than Hastings.
St. Paul Park
St. Paul Park is approximately 8 miles northwest from Hastings. The real estate prices there are a little less expensive. The median home in St. Paul Park costs $191,800, which works out to $23,100 (12%) lower than Hastings. The rent there is a bit more expensive. St. Paul Park's median rent is $1,130 per month, which is $180 (15%) higher than Hastings.
