Real Estate
The housing market in Hastings is steady and continues to thrive with low mortgage rates for new and existing homes. With an average of 220 homes on the market, prospective buyers have a nice selection of homes to choose from. In addition to our residential market, we have affordable apartments, townhomes/condos and plenty of space for commercial growth. The vibrant downtown area features a variety of unique ‘niche’ shops plus numerous renovated upper level living areas, which makes it an enviable spot for any individual or business to be located.
Residential Homes available in Hastings are as diverse as the people. Homes range from beautiful Victorian showplaces and bungalow style homes in the Historic District, to ranch style, multi-level homes or smaller starter homes scattered throughout the city. Executives can find spacious, luxurious homes, while families will find affordable middle-income housing in kid-friendly neighborhoods.
“The neighborhoods in Hastings are very safe and family oriented. Most have city parks and schools within them,” said Sherri Patterson of the Real Estate Group. “People enjoy living without the hassles of traffic and high crime rates. With the great school systems, people choose to live here because of the relaxed and wholesome quality of life.
The 2010 average sell price of a home in the Hastings area is just over $106,000 with an average market time of around 90 days. Due to our strong agricultural economy, our existing housing market and new construction has avoided the fate of the national housing trend. Home ownership is within most people’s reach; we are fortunate to live in a community of affordable housing which makes buying a home a solid investment. People from all over are realizing the benefits of living in the area.
We have several new housing developments, with many quality builders to choose from. You may have the option of choosing between a spec home or a custom built home that suits your individual needs. New home prices range from $150,000 to $350,000 plus.
Commercial The commercial real estate market is as active and diverse as the residential market. Businesses are discovering that Hastings is a great lower-cost alternative to other surrounding communities. Businesses can find access to easy transportation as well as the needed utilities to make their companies grow.
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