Sweetwater, Tamiami, FL—33182
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sweetwater, Tamiami, FL
As of Oct '25, the median home price in Sweetwater, Tamiami, FL is $655,000, with a year-over-year change of 0.4%. This indicates that home prices in Sweetwater, Tamiami, FL are flat. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $655,000 | 0.4% |
| Single Family | $676,000 | 0.6% |
| Condos | $358,000 | -6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $341,000 | -5.5% |
3 Bed | $622,000 | 0.0% |
4 Bed | $763,000 | 1.7% |
| 5 Bed | $1,444,000 | 2.5% |
% of Housing Stock
Rental Trends — Sweetwater, Tamiami, FL
As of July '25, Rentcast reports the average rent in Sweetwater, Tamiami, FL is $3,400, with a year-over-year rent change of 4.0%. Per bedroom, the median rent as of July '25 in Sweetwater, Tamiami, FL is 1-bedrooms: $1,430, 2-bedrooms: $2,680, 3-bedrooms: $3,480, 4-bedrooms: $3,910. The most common rental property sizes in Sweetwater, Tamiami, FL are 3-bedroom and 2-bedroom, accounting for 69.6% and 17.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $3,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,500 | $1,430 |
| 2 Bed Rent | $2,850 | $2,680 |
| 3 Bed Rent | $3,400 | $3,480 |
| 4 Bed Rent | $4,000 | $3,910 |
% of Rental Stock
Property Listings — Sweetwater, Tamiami, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Sweetwater, Tamiami, FL is 48. This is a increase of 22.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $812,000 | 5.0% |
Listing Count | 56 | 56.0% |
| Listings as % of Homes | 0.5% | 56.0% |
Days on Market | 48 | 22.0% |
Demographics — Sweetwater, Tamiami, FL
As of the latest ACS Survey released in 2023, Sweetwater, Tamiami, FL has a population of 12,700, which has decreased by -27.0% over the past 5 years. Sweetwater, Tamiami, FL is a moderately popular place for families, as children make up 16.0% of the population. The area has a moderately educated workforce, with 42.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,700 | -27.0% |
% Under 18 | 16.0% | -2.4% |
% Seniors | 18.5% | -2.1% |
% WFH | 9.5% | 66.7% |
% w/ College Degree | 42.5% | 55.7% |
As of the latest ACS Survey released in 2023, Sweetwater, Tamiami, FL is a predominantly hispanic area, with 92.3% of the population identifying as hispanic. The hispanic population has grown by 8.7% in the last 5 years. The second most common race or ethnicity in Sweetwater, Tamiami, FL is white, making up 5.5% of the population. Foreign-born residents account for 62.7% of the population in Sweetwater, Tamiami, FL, and this percentage has increased by 13.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.5% | -20.3% |
% Black | 1.1% | -85.9% |
% Hispanic | 92.3% | 8.7% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 62.7% | 13.8% |
Mortgage and Risk — Sweetwater, Tamiami, FL
According to HUD data as of 2023, there were 113 mortgage originations in Sweetwater, Tamiami, FL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Sweetwater, Tamiami, FL. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 113 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Sweetwater, Tamiami, FL
As of 2024, the percent of homes in Sweetwater, Tamiami, FL under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Sweetwater, Tamiami, FL, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,090 | $1,500 | $2,590 |
| 2 Bedroom | $330 | $2,850 | $3,180 |
| 3 Bedroom | $710 | $3,400 | $4,110 |
| 4 Bedroom | $820 | $4,000 | $4,820 |
Affordability — Sweetwater, Tamiami, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $655,000 |
| Median Household Income | $97,000 |