City:

Hastings, NE

Hastings is a city in the state of nebraska with a population of roughly 26,214. It is in Adams County, Nebraska the Hastings, NE core-based statistical areas (CBSA), Its Zip codes include 68901 .

The Changing Face of Home Prices in Hastings, NE

Hastings, Nebraska is a small town located in the northeastern corner of the state. The population was just over 2,000 people in 2010. Hastings is home to a few small businesses and a few large farms. The majority of the population is made up of families who work on their own farms or in small businesses.

The real estate market in Hastings is very stable and there are not many new homes being built. This stability has led to prices that are relatively low when compared to other areas of the state. There are a few homes that are available for sale at any given time, but most homes are sold within six months. The average price for a home in Hastings was $119,000 in 2010.

The biggest reason why homeownership rates are high in Hastings is because there aren't many options for buyers who want to purchase a home outside of the town limits. Most people who live in Hastings own their homes outright or they have mortgages that are below market rates. There isn't much interest from investors or developers in Hastings, so it's difficult for someone who wants to buy a home outside of town limits to find something that meets their needs.

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