$6,531 Closing Credit*
$550,000
2,462 SqFt
3 Beds
•2 Full Baths
Shannon Mangin, Listing Office: Real
Is Sweetwater, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sweetwater was a Neutral Market.
Key Takeaway
Sweetwater is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sweetwater, TX
How much do homes in Sweetwater, TX cost?
Median Sold Price
$725,000
$255/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,312(+3.6%)
Key Takeaway
Homes in Sweetwater have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Sweetwater was $725,000 in November 2024, up 3.6% from last year, and the median price per square foot was $255.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $599.4K | $548.3K | -8.5% |
| 4 Bedrooms | $732.5K | $730K | -0.3% |
| 5+ Bedrooms | $1.3M | $935K | -30.7% |
Summary: Sweetwater housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 8.5%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 30.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Sweetwater | $699.6K | $725K | +3.6% |
| South Lake Travis | $836.5K | $840K | 0.4% |
Housing Supply in Sweetwater, TX
How many homes are available in Sweetwater, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 46 | -8.0% |
Summary: The Sweetwater real estate market had 46 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 34 | 29 | -14.7% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Sweetwater housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sweetwater, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Sweetwater in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sweetwater, TX
How long does it take to sell a home in Sweetwater, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 110 Days | 115 Days | +4.3% |
Summary: Homes in Sweetwater had an average of 115 days on market in Nov 2024, up by 4.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sweetwater are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 4 homes were sold in Sweetwater; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
Listings courtesy of Unlock MLS as distributed by MLS GRID.
Data provided by the Central Texas MLS IDX program. Information deemed reliable but not guaranteed. Some properties which appear for sale may no longer be available due to no longer being offered for sale. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2024 Central Texas MLS, All Rights Reserved.