The Fizbit

Fizbo Market Record — March 27, 2026 1321 Sibley Street in Hastings, MN is the sole active listing with available data in this segment, making it a standalone reference point in the current market. At $199,750, it sits at the 14th percentile statewide against a Minnesota median of $399,900 — in the bottom range of active Minnesota inventory, a position that reflects both Hastings' pricing tier relative to the broader state and the opportunity this price point represents for buyers seeking Dakota County access without a metro-area price tag. At 1,368 square feet in a 2-bedroom, 2-bathroom home built in 1954, the price per square foot calculates to approximately $146.02. The 2-bedroom, 2-bath configuration on a 0.20-acre lot provides a practical residential footprint that suits single occupants, couples, or buyers who prioritize value and maintenance simplicity over room count. The second bathroom on a 2-bedroom home at this price tier is a convenience that is not guaranteed — it supports shared living arrangements without the constraint of a single shared bath and adds minor resale flexibility relative to comparable 1-bath properties. The 1954 build year and the listing description noting an as-is sale position this property transparently: the pricing reflects the home's current condition without seller concessions for deferred items. An as-is sale at $199,750 transfers any remaining system or cosmetic work to the buyer as identified line items rather than negotiated adjustments, which for a buyer with renovation capacity or contractor relationships can represent a cost-efficient path to ownership in a desirable river-town community. Hastings occupies the junction of the Mississippi and Vermillion rivers at the southeastern edge of the Twin Cities metro, providing a residential community with a walkable historic downtown, river access, and reasonable proximity to both the south metro and Rochester employment corridors. The $199,750 price point positions this listing among the most accessible entry points into the Hastings market, where river-town character and Dakota County infrastructure come at a price below the state median. For the listing agent, 1321 Sibley Street is positioned as a straightforward entry-price opportunity in Hastings: transparent as-is pricing at the 14th statewide percentile, in a city whose recreational and community infrastructure supports buyer demand well above this price tier. Buyers with renovation capacity will find a 1,368-square-foot, 2-bed/2-bath property on a 0.20-acre lot in a historic river community at a price that leaves room for capital improvement investment while remaining below the market's typical resale range for updated homes in this area.