From July through December of 2018, there were 271 homes sold, with a median sale price of $215,000. There were 233 homes sold in Hastings in the second half of 2017, and the median sales price for the period was also $215,000.
The median sales tax in Hastings for 2018 was $2,585. In 2014, the median sales tax was $2,131. This marks an increase of 21.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.2%.
The following table compares Hastings to other Dakota County cities with similar median sales prices in the second half of 2018:
| City | July - Dec. 2018 Home Sales | July - Dec. 2017 Home Sales | % change (Total Home Sales) | July - Dec. 2018 Median Sales Price | July - Dec. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Eagan | 590 | 472 | 25% | $270,000 | $260,000 | 3.8% |
| Eureka Center | 4 | 6 | -33.3% | $267,500 | $322,500 | -17.1% |
| Burnsville | 581 | 493 | 17.8% | $258,000 | $244,000 | 5.7% |
| Farmington | 264 | 232 | 13.8% | $247,500 | $237,725 | 4.1% |
| Apple Valley | 544 | 501 | 8.6% | $241,250 | $240,000 | 0.5% |
| Hampton | 7 | 10 | -30% | $240,000 | $235,000 | 2.1% |
| Lilydale | 9 | 3 | 200% | $236,000 | $425,000 | -44.5% |
| Inver Grove Heights | 288 | 279 | 3.2% | $233,166.50 | $213,000 | 9.5% |
| Hastings | 271 | 233 | 16.3% | $215,000 | $215,000 | 0% |
| West St. Paul | 180 | 151 | 19.2% | $210,500 | $195,000 | 7.9% |
| South St. Paul | 246 | 188 | 30.9% | $209,000 | $190,725 | 9.6% |
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