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Hastings, MI Real Estate


According to census data in the year 2000 there were 2,950 housing units in Hastings. This represents a 12.7% growth from 2,618 in 1990.

Of those housing units, 2,825 were located in either urbanized areas or urban clusters, and 125 were located in what is classified as a rural area.

Homeownership rate in Hastings is about 67.8%. Hastings's vacancy rate, including seasonal lodging, is about 4.8%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Hastings were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom13%
Two Bedrooms29.70%
Three Bedrooms37.80%
Four Bedrooms16.30%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1947
Median Value of occupied units$89,500
Median Price asked for vacant units$97,700

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1964
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.30%
Home Equity Loan3.80%
Simple Mortgage56.40%
Debt Free30.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18%