$10,000 Closing Credit*
$950,000
3,410 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kristin Kreisel, Listing Office: Compass RE Texas, LLC
Is Sweetwater, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$18,010(+2.5%)
Key Takeaway
Homes in Sweetwater have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Sweetwater was $725,000 in September 2024, up 2.5% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $599.4K | $548.3K | -8.5% |
| 4 Bedrooms | $771.7K | $725K | -6.1% |
| 5+ Bedrooms | $1.6M | $850.5K | -47.2% |
Summary: Sweetwater housing prices by bedroom type for September 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 6.1%, and 5+ bedroom homes decreased by 47.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Sweetwater | $706.9K | $725K | +2.5% |
| South Lake Travis | $849.1K | $841.7K | -0.9% |
Housing Supply in Sweetwater, TX
How many homes are available in Sweetwater, TX?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 51 | 50 | -2.0% |
Summary: The Sweetwater real estate market had 50 homes for sale in September 2024, a 2.0% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 35 | 33 | -5.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Sweetwater housing inventory by bedroom type for September 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 5.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was 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. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Sweetwater in September 2024, down by 45.5% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 54 Days | 98 Days | +78.6% |
Summary: Homes in Sweetwater had an average of 98 days on market in Sep 2024, up by 78.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 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 September 2024, 6 homes were sold in Sweetwater; 17% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 67% 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.