$6,116 Closing Credit*
$515,000
1,730 SqFt
3 Beds
•2 Full Baths, 1 Partial
Taylor Colvin, Listing Office: ERA Experts
Is Sweetwater, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Sweetwater has remained a Seller's Market.
Key Takeaway
Sweetwater is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sweetwater, TX
How much do homes in Sweetwater, TX cost?
Median Sold Price
$725,000
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$35,000(+5.1%)
Key Takeaway
Homes in Sweetwater have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Sweetwater was $725,000 in December 2024, up 5.1% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $599.4K | $557.5K | -7.0% |
| 4 Bedrooms | $710K | $743.2K | +4.7% |
| 5+ Bedrooms | $1.5M | $949.7K | -37.7% |
Summary: Sweetwater housing prices by bedroom type for December 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 7%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 37.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Sweetwater | $690K | $725K | +5.1% |
| South Lake Travis | $831.6K | $830K | -0.2% |
Housing Supply in Sweetwater, TX
How many homes are available in Sweetwater, TX?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 49 | 44 | -10.2% |
Summary: The Sweetwater real estate market had 44 homes for sale in December 2024, a 10.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 28 | 25 | -10.7% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Sweetwater housing inventory by bedroom type for December 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 10.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sweetwater, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Sweetwater in December 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 77 Days | 81 Days | +5.2% |
Summary: Homes in Sweetwater had an average of 81 days on market in Dec 2024, up by 5.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sweetwater are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 11 homes were sold in Sweetwater; 36% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 36% 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.