Sweetwater, FL housing market
The typical Sweetwater home is worth about $444,000, about the same as a year ago, 18% above the Florida typical home.
Home values, sales, trends and how Sweetwater compares with the towns next door — updated as new data is published.
Sweetwater at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Sweetwater | Florida |
|---|---|---|
| 2017 | $221,000 | $209,000 |
| 2018 | $246,000 | $226,000 |
| 2019 | $268,000 | $242,000 |
| 2020 | $283,000 | $253,000 |
| 2021 | $306,000 | $276,000 |
| 2022 | $349,000 | $340,000 |
| 2023 | $411,000 | $392,000 |
| 2024 | $450,000 | $402,000 |
| 2025 | $463,000 | $397,000 |
| 2026 | $445,000 | $377,000 |
| August 2026 | $444,000 | $376,000 |
No new homes permitted in 2025
No permits for new homes were issued in Sweetwater in 2025. The last year with any was 2023 (7 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Sweetwater gained 5,864 residents while 199 new homes were permitted: about 29 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Florida: 2.8 new residents per new home.
How Sweetwater ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 7 | 7 | 0 | $759,000 |
| 2022 | 7 | 7 | 0 | $750,000 |
| 2021 | 300 | 0 | 300 | $100 million |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 193 | 2 | 191 | $52.3 million |
| 2016 | 1 | 1 | 0 | $180,000 |
| 2015 | 3 | 3 | 0 | $480,000 |
| 2014 | 2 | 2 | 0 | $120,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $195,000 |
| 2007 | 3 | 3 | 0 | $395,000 |
| 2006 | 4 | 4 | 0 | $750,000 |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 6 | 0 | 6 | $463,000 |
| 2002 | 2 | 0 | 2 | $199,000 |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 8 | 8 | 0 | $571,000 |
How Sweetwater ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Sweetwater and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Sweetwater | $444K | −0.1% | $2,800 | 0 | $54,967 |
| Fountainebleau | — | −2.6%† | $2,710 | — | $64,908 |
| Tamiami | — | +3%† | $2,900 | — | $78,353 |
| Doral | $543K | −1.2% | $3,320 | 414 | $94,164 |
| Westchester | — | +2.4%† | $2,590 | — | $72,262 |
† FHFA price index change, where Zillow has no home value for the town.
8.1 years of income
The typical Sweetwater home costs about 8.1 years of the town's median household income, more than across Florida (5 years).
How Sweetwater ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,800
HUD's Fair Market Rent for a two-bedroom in Sweetwater is $2,800 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Sweetwater pay a median of $1,771, so moving in tends to cost more than staying put. A two-bedroom takes about 61% of the town's median household income, above the 30% guideline for affordable housing.
Studio $2,100 · 4 bedrooms $4,150
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (33172, 33174; Miami-Miami Beach-Kendall, FL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.