From July through December of 2020, there were six homes sold, with a median sale price of $515,500 - a 10.2% decrease over the $573,750 median sale price for the same period of the previous year. There were 10 homes sold in Hastings in the second half of 2019.
The median sales tax in Hastings for 2020 was $3,894. In 2019, the median sales tax was $3,714. This marks an increase of 4.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.8%.
The following table compares Hastings to other Washington County cities with similar median sale prices in the second half of 2020:
| City | July - Dec. 2020 Home Sales | July - Dec. 2019 Home Sales | % change (Total Home Sales) | July - Dec. 2020 Median Sales Price | July - Dec. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lakeland Shores | 1 | 2 | -50% | $1,625,000 | $380,000 | 327.6% |
| Dellwood | 2 | 8 | -75% | $1,581,000 | $602,000 | 162.6% |
| Hastings | 6 | 10 | -40% | $515,500 | $573,750 | -10.2% |
| Afton | 23 | 14 | 64.3% | $509,000 | $501,000 | 1.6% |
| Lake Elmo | 38 | 42 | -9.5% | $499,950 | $481,074 | 3.9% |
| St. Marys Point | 1 | 1 | 0% | $450,000 | $191,000 | 135.6% |
| Grant | 24 | 32 | -25% | $441,000 | $536,250 | -17.8% |
| Birchwood Village | 7 | 19 | -63.2% | $390,000 | $360,000 | 8.3% |
| Bayport | 14 | 26 | -46.2% | $387,750 | $262,500 | 47.7% |
| Scandia | 22 | 26 | -15.4% | $377,500 | $350,000 | 7.9% |
| Marine on St. Croix | 1 | 7 | -85.7% | $374,605 | $550,000 | -31.9% |
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