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Saturday, November 2, 2024

Hastings (Washington County) home prices fall in the first half of 2018

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The median sale price of a home sold in the first half of 2018 in Hastings in Washington County fell by $72,000 while total sales decreased by 38.5%, according to BlockShopper.com.

From January through June of 2018, there were eight homes sold, with a median sale price of $364,500 - a 16.5% decrease over the $436,500 median sale price for the same period of the previous year. There were 13 homes sold in Hastings in the first half of 2017.

The median sales tax in Hastings for the most recent year with available data, 2015, was $3,188, approximately 0.9% of the median home sale price for the first half of 2018.

The following table compares Hastings to other Washington County cities with similar median sales prices in the first half of 2018:

CityJan. - June 2018 Home SalesJan. - June 2017 Home Sales% change (Total Home Sales)Jan. - June 2018 Median Sales PriceJan. - June 2017 Median Sales Price% change (Median Sales Price)
Afton1620-20%$530,000$430,50023.1%
Lake Elmo50484.2%$487,500$385,50026.5%
Marine on St. Croix47-42.9%$396,250$250,00058.5%
Scandia281675%$389,000$293,70032.4%
Pine Springs23-33.3%$388,031.50$380,0002.1%
Hastings813-38.5%$364,500$436,500-16.5%
Stillwater214222-3.6%$325,000$302,0007.6%
Mahtomedi796325.4%$324,450$285,00013.8%
Bayport221822.2%$317,500$286,25010.9%
Birchwood Village78-12.5%$315,000$495,000-36.4%
Woodbury611626-2.4%$300,000$275,0009.1%
* This story only considers sales data for the part of Hastings that is in Washington County.

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