Sweetwater Housing Market Report December 2024•Miami-Dade County, Florida

hero building illustration for mobile

Housing Prices in Sweetwater, FL

How much do homes in Sweetwater, FL cost?

Housing Market Conditions

Is Sweetwater, FL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Sweetwater is a Buyer's Market

Difference Since November 2024

Last month, Sweetwater has remained a Buyer's Market.

Insight

Sweetwater is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$520,000$414/SqFt
+$92,500
+21.6%

Based on all homes sold in December 2024

Insight

Homes in Sweetwater have sold for 21.6% more than they did a month ago.

Summary: The median home sold price in Sweetwater was $520,000 in December 2024, up 21.6% from last month, and the median price per square foot was $414.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2$205K$415K
+102.4%
3-$610K
N/A
4$650K-
N/A
5--
N/A

Summary: Sweetwater housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +102.4%. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Sweetwater, FL

How many homes are available in Sweetwater, FL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
29Last MonthDec 2024
272 months agoNov 2024
+7.4 %
Change MoMNov – Dec

Summary: The Sweetwater real estate market had 29 homes for sale in Dec 2024, a 7.4 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthDec 2024
22 months agoNov 2024
+50.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
111
0.0%
2810
+25.0%
31211
-8.3%
445
+25.0%
522
0.0%

Summary: Sweetwater housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 3 bedroom homes decreased by -8.3%. The inventory for 4 bedroom homes increased by +25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Sweetwater, FL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Sweetwater, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Sweetwater in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.

Days on Market for Sweetwater, FL

How long does it take to sell a home in Sweetwater, FL?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Sweetwater are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in Sweetwater; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
31 DaysLast MonthDec 2024
103 Days1 month agoNov 2024
-69.7 %
Change MoMNov – Dec

Summary: Homes in Sweetwater had an average listing age of 31 days in Dec 2024, down by 69.7% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Sweetwater, FL

What homes are available in Sweetwater, FL?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Florida

MLS Disclaimers and Copyright

Based on information from Miami MLS, for the period 11/01/2024 - 01/01/2025

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.