Hastings, MN Real Estate

According to census data in the year 2000 there were 6,749 housing units in Hastings. This represents a 21.7% growth from 5,547 in 1990.

Of those housing units, 6,666 were located in either urbanized areas or urban clusters, and 83 were located in what is classified as a rural area.

Homeownership rate in Hastings is about 76.5%. Hastings's vacancy rate, including seasonal lodging, is about 1.6%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Hastings were built after 1972.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom12%
Two Bedrooms24%
Three Bedrooms40.70%
Four Bedrooms19.30%
Five Bedrooms or more3%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1973
Median Value of occupied units$131,700
Median Price asked for vacant units$102,500

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1970
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage13.30%
Home Equity Loan14.40%
Simple Mortgage47.70%
Debt Free24.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18%