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Dakota Times

Tuesday, November 5, 2024

Rising home prices in Hastings (Dakota County) in the first quarter of 2022

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The median sale price of a home sold in the first quarter of 2022 in Hastings in Dakota County rose by $9,000 while total sales increased by 10.4%, according to BlockShopper.com.

From January through March of 2022, there were 85 homes sold, with a median sale price of $270,000 - a 3.4% increase over the $261,000 median sale price for the same period of the previous year. There were 77 homes sold in Hastings in the first quarter of 2021.

The median sales tax in Hastings for the most recent year with available data, 2020, was $2,829, approximately 1% of the median home sale price for the first quarter of 2022.

The following table compares Hastings to other Dakota County cities with similar median sale prices in the first quarter of 2022:

CityJan. - Mar. 2022 Home SalesJan. - Mar. 2021 Home Sales% change (Total Home Sales)Jan. - Mar. 2022 Median Sales PriceJan. - Mar. 2021 Median Sales Price% change (Median Sales Price)
Eagan153163-6.1%$330,000$300,00010%
Burnsville161166-3%$330,000$308,2007.1%
Apple Valley139154-9.7%$328,000$254,00029.1%
Northfield4333.3%$319,450$370,000-13.7%
Empire770%$300,000$415,000-27.7%
West St. Paul4749-4.1%$280,000$232,00020.7%
Inver Grove Heights98953.2%$272,050$269,9000.8%
Hastings857710.4%$270,000$261,0003.4%
Hampton24-50%$258,250$275,000-6.1%
South St. Paul62611.6%$250,000$235,0006.4%
Randolph25-60%$236,000$325,000-27.4%
* This story only considers sales data for the part of Hastings that is in Dakota County.

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