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Hastings, MN

Full City Profile · Minnesota · Pierce County County

3.5 /5.0
B+ Good
22,050 Population 2,130/sq mi density
$92,940 Median Income $43,996 per capita
$294,100 Home Value $329,958 Zillow
$1,184 Median Rent 24.7% income on rent
46°F Avg Temperature 270 sunny days/yr
171 Violent Crime/100K 1,980 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$92,940 median income, 2.7% unemployment
A+
Affordability
4.9 / 5.0
$294,100 home value, $1,184/mo rent
F
Safety
1.0 / 5.0
171 violent crimes/100K
B
Education
3.3 / 5.0
28.9% bachelor's degree or higher

Housing Overview

Median Home Value
$294,100
4% above
US avg: $281,900
Median Rent
$1,184/mo
2% above
US avg: $1,163/mo
Homeownership Rate
74.2%
13% above US avg (65.4%)
Total Housing Units
9,314
Median year built: 1986

Home Value by Source

Census Median
$294,100
Zillow (ZHVI)
$329,958
Median Sale Price
$364,000
Median List Price
$340,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.2%
Owner-Occupied
25.8%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $1,184/mo · Zillow rent: $1,388/mo

Market Indicators (Redfin)

Median Days on Market
47 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
16
Price Drops
19.4%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
36
homes for sale

Affordability & Housing Stock

Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
74.2%

Complete Housing Data

Home Values

Census Median Value$294,100
Zillow Home Value (ZHVI)$329,958
Median Sale Price$364,000
Median List Price$340,000
Price Per Sq Ft$168

Rent

Census Median Rent$1,184
Zillow Rent (ZORI)$1,388
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market47
Sale-to-List Ratio1.0%
Price Drops19.4%
Homes Sold16
Active Inventory36
Price Per Sq Ft$168

Ownership & Stock

Owner-Occupied74.2%
Renter-Occupied25.8%
Homeownership Rate74.2%
Total Housing Units9,314
Median Year Built1986
Rent Burden24.7%