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Friday, November 29, 2024

Hastings (Washington County) home prices rise in the third quarter of 2020

Realestate2

The median sale price of a home sold in the third quarter of 2020 in Hastings in Washington County rose by $112,000 while total sales decreased by 20%, according to BlockShopper.com.

From July through September of 2020, there were four homes sold, with a median sale price of $642,500 - a 21.1% increase over the $530,500 median sale price for the same period of the previous year. There were five homes sold in Hastings in the third quarter of 2019.

The median sales tax in Hastings for the most recent year with available data, 2015, was $3,188, approximately 0.5% of the median home sale price for the third quarter of 2020.

The following table compares Hastings to other Washington County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Dellwood14-75%$2,700,000$580,450365.2%
Lakeland Shores12-50%$1,625,000$380,000327.6%
Hastings45-20%$642,500$530,50021.1%
Afton13128.3%$509,000$530,500-4.1%
Lake Elmo1330-56.7%$499,900$477,4354.7%
St. Marys Point10-$450,000$0-
Bayport916-43.8%$438,500$272,00061.2%
Grant1420-30%$419,950$535,000-21.5%
Birchwood Village517-70.6%$390,000$375,0004%
Mahtomedi1935-45.7%$383,000$388,375-1.4%
Marine on St. Croix14-75%$374,605$600,000-37.6%
* This story only considers sales data for the part of Hastings that is in Washington County.

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