Is Hastings, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hastings is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Hastings was a Seller's Market.

Key Takeaway

Hastings is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Hastings, FL

How much do homes in Hastings, FL cost?

Median Sold Price

$304,000

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$8,050(+2.7%)

Key Takeaway

Homes in Hastings have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Hastings was $304,000 in May 2024, up 2.7% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $130K$127K
-2.3%
3 $299K$305K
+2.0%
4 $311.4K$338K
+8.5%
5+ $274.9K$299.9K
+9.1%

Summary: Hastings housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 9.1%.

Housing Supply in Hastings, FL

How many homes are available in Hastings, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5460+11.1%

Summary: The Hastings real estate market had 60 homes for sale in May 2024, a 11.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2326
+13.0%
4 2426
+8.3%
5+ 23
+50.0%

Summary: The Hastings housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hastings, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Hastings in May 2024, down by 22.2% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Hastings, FL

How long does it take to sell a home in Hastings, FL?

Average Sale Time

May 2023May 2024CHANGE
90 Days151 Days+68.3%

Summary: Homes in Hastings had an average of 151 days on market in May 2024, up by 68.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Hastings are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 7 homes were sold in Hastings; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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