July 8, 2025 Market Update!

What Buyers and Sellers Should Know About Today's Market in Hastings, Nebraska

Navigating the housing market can be a complex journey, but understanding the current trends in Hastings, NE can offer clarity and confidence in your decision-making. Whether you are looking to buy or sell a home, being informed about the market dynamics is crucial. Here’s a warm and reassuring update on what the numbers mean for you today.

Currently, Hastings is experiencing a seller's market with 3.12 months of inventory. This means there are more buyers looking for homes than there are homes available, which could lead to quicker sales and potentially higher offers. For sellers, this is an encouraging sign to list your property now, while buyers may need to act swiftly when a home they like hits the market.

The inventory trend over the past month shows a slight increase of 11%, whereas the past year has seen a more substantial increase of 53%. This indicates that while more homes are gradually becoming available, the demand still outpaces supply. Sellers can take advantage of this by pricing their homes competitively, while buyers might find that patience and quick decision-making are key to securing a home.

Homes in Hastings are selling for about 97% of their asking price. This suggests that while there might be room for negotiation, sellers are generally able to achieve prices close to their expectations. Buyers should be prepared to make offers that are near the asking price to remain competitive, and sellers can feel confident in setting realistic prices that reflect current market conditions.

The median days on market is 15, which indicates a fast-paced market. Homes are selling quickly, so buyers should be ready to act decisively when they find the right property. Sellers can take comfort in knowing that once listed, their homes are likely to attract interest and a swift sale. However, in the $400,000-$600,000 range, homes are taking seemingly longer to sell.

Lastly, the median sold price in Hastings is $260,000. This offers a benchmark for both buyers and sellers to understand the local pricing landscape. Sellers can use this figure to gauge the market value of their homes, while buyers can assess their budget and explore options within this price range.

For personalized guidance and a deeper understanding of how these trends affect your specific situation, feel free to reach out to me, Josie Haussermann, at Nebraska Realty. I am ready to assist you with compassionate expertise in navigating the Hastings real estate market. Text or call anytime - (402) 984-2481.

I look forward to hearing from you!

-Josie