Hastings, NE—68901
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hastings, NE
As of Oct '25, the median home price in Hastings, NE is $196,000, with a year-over-year change of 4.8%. This indicates that home prices in Hastings, NE are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $196,000 | 4.8% |
| Single Family | $196,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $107,000 | 2.9% |
2 Bed | $150,000 | 4.2% |
3 Bed | $217,000 | 5.3% |
4 Bed | $263,000 | 4.4% |
| 5 Bed | $342,000 | 4.6% |
% of Housing Stock
Rental Trends — Hastings, NE
As of July '25, Rentcast reports the average rent in Hastings, NE is $1,220, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in Hastings, NE is 1-bedrooms: $967, 2-bedrooms: $1,000, 3-bedrooms: $1,720. The most common rental property sizes in Hastings, NE are 2-bedroom and 1-bedroom, accounting for 39.4% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $967 |
| 2 Bed Rent | $1,000 | $1,000 |
| 3 Bed Rent | $1,650 | $1,720 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hastings, NE
As of Oct '25, Realtor.com reports that the median days on market for a home in Hastings, NE is 77. This is a increase of 42.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $264,000 | -3.0% |
Listing Count | 112 | 51.0% |
| Listings as % of Homes | 0.5% | 51.0% |
Days on Market | 77 | 42.0% |
Demographics — Hastings, NE
As of the latest ACS Survey released in 2023, Hastings, NE has a population of 26,200, which has remained stable by 0.0% over the past 5 years. Hastings, NE is a moderately popular place for families, as children make up 23.8% of the population. The area has a moderately educated workforce, with 28.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,200 | 0.0% |
% Under 18 | 23.8% | 1.7% |
% Seniors | 18.3% | 5.8% |
% WFH | 4.0% | 5.3% |
% w/ College Degree | 28.8% | 14.3% |
As of the latest ACS Survey released in 2023, Hastings, NE is a predominantly white area, with 81.2% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Hastings, NE is hispanic, making up 13.9% of the population. Foreign-born residents account for 6.5% of the population in Hastings, NE, and this percentage has decreased by 1.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.2% | -3.8% |
% Black | 1.4% | 75.0% |
% Hispanic | 13.9% | 19.8% |
% Asian | 1.1% | -21.4% |
% Foreign Born | 6.5% | -1.5% |
Mortgage and Risk — Hastings, NE
According to HUD data as of 2023, there were 378 mortgage originations in Hastings, NE, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Hastings, NE. Investor activity is low, as 5.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 378 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Hastings, NE
Hastings, NE lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 857 |
Total Units Section 8 | 809 |
% Rentals under Section 8 | 21.0% |
% Occupied Section 8 | 76.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $800 | $760 |
| 2 Bedroom | -$90 | $1,000 | $910 |
| 3 Bedroom | -$460 | $1,650 | $1,190 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Hastings, NE
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $196,000 |
| Median Household Income | $63,500 |