Current Mortgage Refinance Rates in Delaware Today
DELAWARE MORTGAGE REFINANCE RATES TODAY
Current mortgage refinance rates in
Delaware.
Apply online or call for a complimentary mortgage consultation.
Compare mortgage refinance rates in Delaware.
Key Points
• The current mortgage refinance rates in Delaware are influenced by multiple economic factors, including Federal Reserve policy, the bond market, housing demand, and the overall economy.
• A mortgage refi can be a smart financial move, whether you want to pay less interest, consolidate debt, or pay for a major home improvement project.
• Even a 1% dip in your mortgage interest rate can lower your monthly payment and create significant savings in the total amount of interest you pay over the loan’s lifetime.
• In Delaware, you can explore a variety of refinance options, from conventional to cash-out, FHA, VA, 15-year, and adjustable-rate refinances, each with its own set of factors to consider.
• When you refinance, your credit score may take a hit, but it’s typically a small, temporary dip.
• To lock in the best Delaware mortgage refinance rates, build your credit score, trim your debt-to-income ratio, and be sure to compare offers from different lenders.
Introduction to Mortgage Refinance Rates
When you refinance your mortgage, you replace your current mortgage with a new one that potentially offers you more favorable terms or a lower interest rate. Whether you’re looking to lower your monthly payments, reduce your loan term, or tap into your home equity, you must be well-informed about Delaware mortgage refinance rates.
This comprehensive guide will help you navigate the entire process, from understanding how rates are determined to securing the most suitable option for your financial situation. To make the best decision, consider checking the current mortgage refinance rates in Delaware regularly, as they can fluctuate.
💡 Quick Tip: How soon can you refinance your mortgage? It varies by loan type, but typical waiting periods are 6 to 12 months.
Where Do Refi Interest Rates Come From?
Historically, the bond market is the strongest indicator of where mortgage interest rates are going. The performance of the 10-year U.S. Treasury Note is particularly important here. When the rates on the note go up, typically mortgage interest rates are likely to rise, too.
The performance of the housing market is another factor to be aware of. When the market slows and there are more homes available than there are people who want to buy them, lenders may lower their rates in hopes of attracting more customers. Finally, the overall economy also plays a role in refinance rates: A strong jobs market and economic growth may be accompanied by a rise in interest rates, while a recession is typically associated with lower interest rates.
How Interest Rates Affect Home Affordability
Interest rates play a significant role in the affordability of your mortgage refinance. They’re not the only factor – there are also mortgage refinancing costs, which can include closing costs, fees, and more. But the rate you secure will directly impact your monthly payments, which are calculated based on your loan amount, repayment term, and the interest rate.
For instance, a $200,000 home loan with a 6.00% interest rate over a 30-year term would mean a monthly payment of $1,199. However, the same loan with an 8.00% interest rate would increase your monthly payment to $1,468. Over the life of the loan, that adds up to nearly $100,000 in savings if you have the lower interest rate.
Even a small change in rates can make a big difference in your overall savings. Be sure to keep an eye on mortgage refinance rates in Delaware to ensure you’re getting the best deal.
| Interest Rate | Monthly Payment | Total Interest |
|---|---|---|
| 6.00% | $1,199 | $231,677 |
| 6.50% | $1,264 | $255,085 |
| 7.00% | $1,330 | $279,021 |
| 7.50% | $1,398 | $303,403 |
| 8.00% | $1,467 | $328,309 |
Why Refinance in Delaware?
A mortgage refinance can be a smart strategic move, depending on your financial situation. If the current mortgage interest rates in Delaware are lower than you’re paying on your existing mortgage, refinancing can reduce your monthly payments and the total amount you pay over the life of the loan.
Before refinancing, it’s a good idea to have at least 20% equity in your home, especially if you plan to cash out some equity. Accessing home equity, securing a lower rate, and changing your loan term are all ways that a refinance may be able to improve your finances.
Common Reasons to Refinance a Mortgage
Here are some typical reasons you might choose to refinance your mortgage.
• If current mortgage rates are lower than when you got your mortgage or your credit profile has improved, you may be able to secure a better rate.
• You might want to change to a longer term to ease monthly payments, or to a shorter one to pay off your loan sooner.
• If you need funds, you can cash out home equity for your expenses.
• For stability and predictability, you may want to switch from an adjustable rate to a fixed rate.
• Refinancing can let you eliminate your mortgage insurance premium if you have an FHA loan and 20% equity.
How to Get the Best Available Mortgage Refi Interest Rate
To secure the best mortgage refinance rate, follow these steps:
• Be punctual with payments and avoid new debt to help build your credit rating.
• Keep your debt-to-income ratio below 36%.
• Understand what’s available: Compare rates and fees from multiple lenders.
• Consider buying mortgage points (also called discount points) to reduce your mortgage rate if you plan to stay put for the long term.
• Opt for a shorter loan term: 15 years rather than 30. Generally, shorter terms come with lower interest rates. Your monthly payment will be higher, but your overall mortgage cost will be lower. Opting for a shorter loan term can also help you secure a better refinance rate.
Trends in Delaware Mortgage Interest Rates
Over the years, mortgage rates in Delaware, like national rates, have seen their fair share of ups and downs. For homeowners, staying abreast of current mortgage refinance rates in Delaware is key to making well-informed choices. By keeping an eye on these trends, you can position yourself to refinance at an optimal time and potentially trim down your interest expenses.
Historical U.S. Mortgage Interest Rates
Mortgage rates are influenced by a variety of economic factors, which can include:
• The Federal Reserve’s monetary policies
• Inflation
• The bond market
If you’re a homeowner, it’s important to keep an eye on these trends, especially if you’re thinking about refinancing. Staying informed about the current mortgage refinance rates in Delaware can help you make the best financial decisions for you and your family.
Historical Interest Rates in Delaware
The story of Delaware’s refinance rates tends to echo the national narrative, with significant shifts over the years. Of late, inflation has driven rates up.
It’s normal for interest rates to fluctuate. However, it means if you’re a homeowner in Delaware looking into how to refinance a mortgage, you need to keep a close eye on them. By understanding the patterns, you can plan your refinance strategically to ensure that you get as much out of it as possible.
| Year | Delaware Rate | National Rate |
|---|---|---|
| 2000 | 8.16 | 8.14 |
| 2001 | 7.03 | 7.03 |
| 2002 | 6.62 | 6.62 |
| 2003 | 5.94 | 5.83 |
| 2004 | 5.84 | 5.95 |
| 2005 | 6.18 | 6.00 |
| 2006 | 6.69 | 6.60 |
| 2007 | 6.43 | 6.44 |
| 2008 | 6.04 | 6.09 |
| 2009 | 5.10 | 5.06 |
| 2010 | 4.84 | 4.84 |
| 2011 | 4.66 | 4.66 |
| 2012 | 3.67 | 3.74 |
| 2013 | 4.03 | 3.92 |
| 2014 | 4.28 | 4.24 |
| 2015 | 4.09 | 3.91 |
| 2016 | 3.82 | 3.72 |
| 2017 | 3.94 | 4.03 |
| 2018 | 4.57 | 4.57 |
Compare Delaware Interest Rates by Mortgage Refi Type
Mortgage refi rates are not one-size-fits-all. Here’s a quick rundown of the most common types and their features, including a sense of the current Delaware refinance rates.
Conventional Refi
A conventional refinance, also known as a rate-and-term refi, is a popular choice for homeowners who would like to adjust their interest rate or loan term. While these loans often come with slightly higher rates than government-backed options, such as FHA, VA, or USDA loans, they offer greater flexibility. If you have a robust credit profile and ample equity in your home, a conventional refi could be a good fit for you.
15-Year Mortgage Refi
A 15-year mortgage refinance can be a game-changer, slashing the total interest you’ll pay over your mortgage’s lifetime, though your monthly payments will be higher. Consider this: A 30-year, $1 million loan at a 7.50% interest rate would have you paying about $6,992 each month, and a whopping $1,517,167 in total interest. Refinance to a 15-year mortgage at a 7.00% rate, and your monthly payment jumps to around $8,988. The good news? You’d only be looking at shelling out $617,891 in total interest, saving you close to $900,000. Delaware’s 15-year refinance rates are generally more affordable than 30-year rates, making this a savvy move for those who can manage the heftier monthly payments.
Adjustable-Rate Mortgage Refi
Adjustable-rate mortgages (ARMs) start off at a lower interest rate than fixed-rate mortgages, but here’s the catch — the rate can increase over time based on market conditions. If you’re thinking of moving before the rate is due to adjust, an ARM might be a smart move. Say you’ve got a 30-year fixed-rate mortgage, but you’re eyeing a move in the next few years — an ARM could mean lower monthly payments in the short term.
Cash-Out Refi
A cash-out refinance can be a practical option when you need to tap into your home’s equity for projects like home improvements or debt consolidation. Here’s a quick example: If your home is valued at $500,000 and you still owe $300,000 on your mortgage, you’ve got $200,000 in equity. Many lenders will let you borrow up to 80% of your home’s value, which would mean $100,000 for you after paying off your original mortgage. It can be a way to tackle high-interest debt, but remember to take into account the potential for higher interest rates and monthly payments.
FHA Refi
FHA refinances, insured by the Federal Housing Administration, often have lower interest rates than other loans. If you already have an FHA loan, you can opt for an FHA Simple Refinance or an FHA Streamline Refinance, which typically have fewer requirements and can be processed more quickly than a conventional refi.
For those without an FHA loan, options include an FHA cash-out refinance or an FHA 203(k) refinance, which is designed for home renovations. Open to people with lower credit scores, these options can provide flexibility and potentially reduce your monthly payments. Delaware refinance rates for FHA loans can be particularly beneficial for homeowners looking to improve their financial standing.
VA Refi
VA refinances, backed by the U.S. Department of Veterans Affairs, offer some of the lowest interest rates available. To qualify for a VA refinance, known as an Interest Rate Reduction Refinance Loan (IRRRL), you must have an existing VA loan. This type of refinance can help you secure a lower interest rate, reduce your monthly payments, or switch from an adjustable-rate to a fixed-rate mortgage. For veterans, active-duty service members, and other eligible borrowers, VA refinances can be a cost-effective way to improve your financial situation.
How to Compare Mortgage Refi Interest Rates
Now that you know what kinds of rates, terms, and loans may be available, take these steps to help you secure a refinance loan that will work for you.
• Use a mortgage calculator to understand how much you can probably afford to pay.
• Compare terms and rates from different lenders and consider the tradeoffs..
• Dig deeper by looking at each loan’s annual percentage rate (APR), which include closing costs, fees and discount points, if any. This gives you a more accurate way to compare loans than just using the interest rate for each loan.
• Be aware of not only your monthly payments with each loan, but also your total costs over the life of the loan.
• Review and do what you can to improve your credit score, debt-to-income ratio, and home value to secure the best rates.
💡 Quick Tip: Some lenders offer a so-called no-closing-cost refinance. However, that usually means either rolling the closing costs into the new mortgage principal or exchanging them for a higher interest rate.
Online Refinance Calculators
A good online mortgage calculator can be invaluable for estimating your new monthly payment and comparing different refinance options. You can typically personalize them, taking into account your current loan balance, the new interest rate, and the term of the loan to provide a clear picture of your potential savings. By inputting your specific financial details, you can determine whether refinancing is a viable option for you.
A calculator can also help you estimate how much equity is in your home, which can be useful if you’re interested in a cash-out refi.
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Using the free calculators is for informational purposes only, does not constitute an offer to receive a loan, and will not solicit a loan offer. Any payments shown depend on the accuracy of the information provided.
The Takeaway
Mortgage refinancing is a powerful financial tool that can work in your favor. Whether you’re after a lower interest rate, a change in your loan term, or access to home equity, there are options like cash-out refinances, FHA refinances, VA refinances, and more to consider. By getting your financial ducks in a row, comparing rates from various lenders, and using online tools, you can find the best Delaware refinance rates and make a smart, informed decision. Be sure to weigh the costs against the benefits to ensure that refinancing is the right move for your long-term financial goals.
SoFi can help you save money when you refinance your mortgage. Plus, we make sure the process is as stress-free and transparent as possible. SoFi offers competitive fixed rates on a traditional mortgage refinance or cash-out refinance.
A mortgage refinance could be a game changer for your finances.
FAQ
When is it a good time to refinance your home?
It’s a smart financial move to consider refinancing when you can get a much lower interest rate, which can reduce your monthly mortgage payment or help you reach other financial goals. But it’s important to weigh the costs against the savings carefully to be sure refinancing makes sense for your situation.
Can I get a lower interest rate without refinancing?
There are ways to get a lower interest rate without refinancing. If you have some extra money from a windfall, you might want to consider a mortgage recast. This means making a large, lump-sum payment toward your principal, and it can reduce your monthly payments. Another option is to reach out to your lender and ask for a loan modification. This could involve adjusting your interest rate and other loan terms to help you avoid foreclosure.
Can I get cash out of my house without refinancing?
You can get cash out of your house without refinancing if you tap into your home’s equity with a home equity line of credit (HELOC) or a home equity loan. Both options allow you to access the equity in your home. With a HELOC, you’re given a revolving credit line secured by your home’s equity, letting you borrow what you need, up to a set limit. A home equity loan gives you a lump sum of cash, also secured by your home’s equity, that you pay back over a defined period with a fixed interest rate.
Does refinancing impact your credit score?
The process of refinancing may cause a slight and temporary dip in your credit score. That’s caused by the hard inquiry and the new account on your credit report. In many cases, the benefits of refinancing, such as lower interest rates and improved loan terms, outweigh this hiccup. Speaking with a financial advisor or lender may provide the clarity you need to make an informed decision.
Do you have to pay closing costs again when you refinance?
Yes, for a refi you pay closing costs, which can range from about 2% to 5% of the loan amount. Closing costs for a refinance include an appraisal fee, title insurance, loan origination fee, and other administrative charges.
How many times can you refinance your home?
Technically, there is no limit to the number of times you can refinance. However, each new transaction incurs closing costs and may impact your credit score. Therefore, it’s a good idea to weigh the advantages and disadvantages carefully to ensure that refinancing is the right choice for your financial situation. Consulting with a financial advisor or mortgage expert can help you assess and navigate the complexities of the refinancing process.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
¹FHA loans are subject to unique terms and conditions established by FHA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. FHA loans require an Upfront Mortgage Insurance Premium (UFMIP), which may be financed or paid at closing, in addition to monthly Mortgage Insurance Premiums (MIP). Maximum loan amounts vary by county. The minimum FHA mortgage down payment is 3.5% for those who qualify financially for a primary purchase. SoFi is not affiliated with any government agency.
†Veterans, Service members, and members of the National Guard or Reserve may be eligible for a loan guaranteed by the U.S. Department of Veterans Affairs. VA loans are subject to unique terms and conditions established by VA and SoFi. Ask your SoFi loan officer for details about eligibility, documentation, and other requirements. VA loans typically require a one-time funding fee except as may be exempted by VA guidelines. The fee may be financed or paid at closing. The amount of the fee depends on the type of loan, the total amount of the loan, and, depending on loan type, prior use of VA eligibility and down payment amount. The VA funding fee is typically non-refundable. SoFi is not affiliated with any government agency.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
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HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
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SOHL-Q125-163
More refinance resources.
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How Much Does It Cost to Refinance a Mortgage?
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Orlando Housing Market: Trends & Prices
Orlando Housing Market: Trends & Prices
Orlando Real Estate Market Overview
(Last Updated – 4/2025)
Family fun is probably what comes to mind when you think of Orlando: Disney World, Universal Studios, SeaWorld, and other attractions are located here. But Orlando also features historical charm, lakes, museums, and the 50-acre Leu Gardens.
While Orlando receives visitors from around the world thanks to its major vacation appeal, over 320,000 residents call Orlando home, according to the latest census data. In fact, Orlando is the fourth largest city in Florida. Its population expanded by 2.7% in 2024, surpassing Florida’s already-healthy overall growth rate of 2.0%.
The boom has helped spur major job growth in the private sector. The Orlando metro area gained the highest number of private sector jobs in Florida in the year ending January 2025. Private-sector employment there increased by 28,600 jobs. The housing market is also still seeing high demand, with prices continuing their creep upward.
The weather is hot, but the Orlando real estate market is too. So let’s take a look at the details.
Recommended: Home Ownership
Overall Orlando Market Trends
The real estate professionals at Redfin consider Orlando to be a somewhat competitive market. They report that homes, on average, receive one offer and sell in around 51 days. Popular homes in Orlando can sell in just 11 days. If you’re looking to buy in a more competitive market, getting preapproved for a mortgage loan can help you move quickly when you find a home you love.
Recommended: Local Housing Market Trends by City
$415,000
Median Sale Price
$251
Median Price Per Square Foot
67 days
Median Time on Market
Orlando Housing Market Forecast
Orlando home prices have bounced around a bit over the last year, ending February 2025 up 2.5% year over year. However, low inventory combined with high demand will likely continue to stoke Orlando’s seller’s market for the foreseeable future, according to real estate experts.
While the median sale price in Orlando hit $415,000 in February 2025, prospective homebuyers interested in making a move to Orlando may find they enjoy some flexibility, as homes stay on the market for a couple months and, on average, receive one offer.
Population Growth in Orlando
Orlando was among the top three most popular cities to move to in 2021, and census data population estimates continued to rise in 2022. Between 2023 and 2024, Orlando was among the fastest-growing cities in the nation, ranking seventh on a list of cities with the largest population gains, according to the US Census Bureau. The Greater Orlando metro area is also the 28th largest in the United States. Many remote workers flocked to the Sun Belt cities, causing home prices to rise.
Demographics of the Orlando Market
Orlando’s residential side is often overshadowed by the hustle and bustle of the theme parks, hotels, and convention centers. But there is a lot more to Orlando than meets the eye, especially when it comes to building a life there.
Before you buy a home in Orlando, and before we break down some fast facts about popular neighborhoods, consider the demographics of Orlando as a whole.
Median Income: $69,414
Median Age: 35.3
College Educated: 40.1%
Homeowners: 39.2%
Married: 41%
Popular Orlando Neighborhoods
U.S. News ranked Orlando the 68th best place to live in the world, so no matter what neighborhood you choose, it sounds like you’ll have a great experience.
Of course, you want to do your due diligence before buying a home, so check out the demographics of some of Orlando’s most popular neighborhoods.
Colonialtown South
This neighborhood was primarily constructed during the 1920s Florida land boom. There are plenty of lovely historical homes to choose from in Colonialtown South, which also features brick roads and tree-lined streets.
Quick Facts
Population:
1,329
Median Age:
36.6
Housing Units:
NA
Bike Score:
82/100
Walk Score:
84/100
Transit Score:
44/100
Median Household Income:
$68,504
Colonialtown Housing Market
Colonialtown South is a somewhat competitive neighborhood in Orlando for buyers, with prices soaring 8.5% year-over-year as of February 2025. Homes are sitting on the market longer than they did last year, however.
Median Sale Price
$499,000
Median Price Per Sq. Foot
$337
College Park
College Park is considered one of Orlando’s culinary hot spots and has some great locally owned restaurants to choose from. Looking for more excitement? College Park has fun events year-round and cool boutiques for shopping.
Commuting is easy; the neighborhood is close to Interstate 4 and only 2 miles from Downtown.
Quick Facts
Population:
20,542
Median Age:
37.9
Housing Units:
9,998
Bike Score:
71/100
Walk Score:
62/100
Transit Score:
36/100
Median Household Income:
$108,662
College Park Housing Market
In this somewhat competitive market, homes spend about 59 days on the market. There is more inventory now than there was a year ago, however.
Median Sale Price
$547,500
Median Price Per Sq. Foot
$347
Lake Cherokee
Lake Cherokee is home to about 160 historical structures dating back to the 1870s, many of which are residences.
This primarily residential neighborhood has ample historical and modern charm and is very bikeable, so enjoy the view when you take a neighborhood stroll.
Quick Facts
Population:
1,164
Median Age:
53.4
Bike Score:
83/100
Walk Score:
64/100
Transit Score:
51/100
Median Household Income:
$34,601
Lake Cherokee Housing Market
In Lake Cherokee, you’ll have a decent amount of time to make a move on a home you love, compared with some other Orlando neighborhoods, but charm does come at a price.
Typically, houses in this neighborhood sell in 39 days. Home prices have dropped somewhat over the last year, but inventory is limited.
Median Sale Price
$625,000
Median Price Per Sq. Foot
$397
Lake Nona
This relatively new community, opened in 2011, sprawls across 17 square miles and places a high value on sustainable design and technology.
Lake Nona is a health- and wellness-focused community. Although its walk score is relatively low, the community does provide hiking trails, health centers, and ample outdoor space for residents to enjoy.
Quick Facts
Population:
20,513
Median Age:
36
Housing Units:
8.187
Bike Score:
48/100
Walk Score:
14/100
Transit Score:
3/100
Median Household Income:
$111,305
Lake Nona Housing Market
The Lake Nona housing market is not especially competitive.
Typically, homes in this area sell in about 69 days; there is a robust inventory.
Median Sale Price
$720,000
Median Price Per Sq. Foot
$319
Clear Lake
The obvious appeal of living in the Clear Lake neighborhood is access to Clear Lake. Playgrounds, trails for biking and jogging, fitness stations, walking paths, and picnic tables provide ample opportunity for families to get fresh air and exercise.
Quick Facts
Population:
18,085
Median Age:
46
Housing Units:
9,332
Bike Score:
73/100
Walk Score:
43/100
Transit Score:
41/100
Median Household Income:
$39,425
Clear Lake Housing Market
If you have your mind set on living in Clear Lake, take heart: In December 2024, Clear Lake home prices were down 33.8% compared to the previous year, selling for a median price of $215,000. This is a small area, though, and inventory is extremely limited.
Median Sale Price
$215,000
Median Price Per Sq. Foot
$439
SoFi Home Loans
It’s easy to see why the Orlando real estate market has become hot. The appeal extends far beyond theme parks.
If you think Orlando could be your home sweet home, then you may need to consider different mortgage loans during your home-buying process.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
Are house prices falling in Orlando?
In the year ending February 2025, home prices in Orlando were up 2.5% year over year. Single-family homes, however, were down almost 6%. And co-ops and condos were also down in price noticeably.
What are Florida mortgage rate trends?
Florida mortgage rates have experienced significant fluctuations over the past two decades. From a high of 7.96% in 2000, rates steadily declined to 5.78% by 2003. Between 2000 and 2018, Florida’s mortgage rates tended to trend slightly above the U.S. average. Experts believe that Florida mortgage rates will likely stay above historical lows for the foreseeable future.
Would Orlando be considered a buyer’s market?
Orlando isn’t really a buyer’s market, though it isn’t really a hotly competitive market, either. Redfin describes it as “somewhat competitive.” One thing that works to a homebuyer’s advantage in Orlando is the sheer size of the market. With hundreds of homes available at any given time, and several neighborhoods averaging home prices of under $300,000, there is likely a property available for you in Orlando if you are willing to hunt.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.
If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.
Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.
SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.
The trademarks, logos and names of other companies, products and services are the property of their respective owners.
SOHL-Q125-219
San Diego Housing Market: Trends & Prices
San Diego Housing Market: Trends & Prices (2025)
San Diego Real Estate Market Overview
(Last Updated – 04/2025)
San Diego, located along California’s southern coast, is renowned for its idyllic climate, boasting warm year-round temperatures and approximately 70 miles of pristine beaches.
Beyond its scenic coastline, San Diego features a vibrant urban core with a sophisticated art, dining, and nightlife scene, which is why many people are curious about the San Diego housing market.
In San Diego, the median home price is $989,750, Redfin says, while the median household income is close to $104,321, according to the latest census data. Proximity to the ocean adds to the price of admission — the cost of living in this area is 43% higher than the national average.
Workwise, San Diego is a hot spot for those who have a career in the Navy, health care, or the aerospace industry. When it comes to recreation, this is where San Diego really shines.
The coastal city offers a diverse array of attractions, including the world-famous San Diego Zoo, SeaWorld San Diego, and LEGOLAND California, making it a top destination for tourists and a beloved home for residents.
Just don’t plan on walking to many of these activities: While you can walk to some outings in San Diego, it has a less-than-stellar walk score of 53 (out of a total of 100).
Overall San Diego Market Trends
As local housing market trends go, San Diego is a hot topic. While housing prices rose 5.3% in February 2025 compared to last year, experts predict prices may continue to rise due to strong demand and limited inventory.
The San Diego real estate market is considered very competitive, as homes in the area generally go into contract in around 27 days and receive multiple offers. They do typically sell for 1% below list price, though.
San Diego homebuyers often face substantial down payments, with the median down payment reaching $169,000 in December 2024, nearly three times the national median. Despite these challenges, San Diego remains a desirable location for homebuyers, offering a high quality of life and a dynamic economic landscape.
$989,750
Median Sale Price
$712
Median Price Per Square Foot
27 days
Median Time on Market
San Diego Housing Market Forecast
San Diego is considered a very competitive market, with many homes receiving multiple offers. Popular homes can sell for 2% above list price and often go pending in only nine days.
Demographics of the San Diego Market
San Diego is a popular vacation spot for many and home to more than 1.4 million people, two-thirds of whom are in the workforce. San Diego’s economy is robust, with key industries offering ample employment opportunities. The health care and social assistance sector employs approximately 208,979 individuals, accounting for 13.6% of the workforce. Professional, scientific, and technical services follow closely, employing around 12% of the workforce.
The largest employer in San Diego is the U.S. Navy, followed by the University of San Diego, Cubic Corporation, and Pulse Electronics.
Median Household Income: $105,780
Median Age: 36.0
College Educated: 52%
Homeowners: 46.6%
Married: 43.6%
Popular San Diego Neighborhoods
Not sure where you want to live in San Diego? With more than 100 neighborhoods to choose from, it can definitely be a tough choice.
Some are beach communities, and others have a more urban feel, but chances are there is a neighborhood that will be a great fit for you. Below are our top picks of the five best San Diego neighborhoods to explore.
La Jolla
La Jolla, often referred to as “the jewel” of San Diego, is a picturesque coastal community located approximately 12 miles north of downtown. Surrounded on three sides by the Pacific Ocean and backed by the steep slopes of Mt. Soledad, La Jolla boasts stunning ocean views, rugged cliffs, and sandy beaches.
This, combined with the area’s upscale amenities, contributes to La Jolla’s reputation as an affluent and desirable place to live.
Quick Facts
Population:
37,665
Median Age:
46.3
Housing Units:
19,351
Bike Score:
22/100
Walk Score:
29/100
Transit Score:
28/100
Median Household Income:
$204,979
La Jolla Housing Market
According to Redfin, the La Jolla housing market is somewhat competitive, with home prices selling for an average of $2.5 million in February 2025. This is up 8.1% compared to last year.
The average home in La Jolla sells for 2% below list price and goes pending in around 50 days.
Median Sale Price
$2.5 million
Median Price Per Square Ft.
$1,230
Grantville Mission Valley
Grantville is bordered by Allied Gardens, San Carlos, Serra Mesa, and Mission Valley. It is one of the city’s oldest communities, notable for housing the historical Mission San Diego de Alcalá, which was relocated to the area in 1774. This mission remains a significant landmark and tourist attraction.
Residents appreciate the neighborhood’s family-friendly environment, quality schools, parks, and proximity to shopping centers.
Quick Facts
Population:
8,530
Median Age:
33.4
Housing Units:
3,932
Bike Score:
36/100
Walk Score:
41/100
Transit Score:
37/100
Median Household Income:
$127,894
Grantville Housing Market
The Grantville housing market is considered very competitive, partly because houses for sale in this neighborhood generally go pending in around 15 days. However, home prices are down 2.9% since last year, which is good news for buyers.
Keep in mind, though, that many listed houses receive multiple offers and typically sell for 1% above list price.
Median Sale Price
$850,000
Median Price Per Square Ft.
$621
Coronado
Coronado, located just across the bay from downtown San Diego, has stunning beaches, a charming small-town feel, and iconic landmarks. The centerpiece is the historic Hotel del Coronado, a Victorian beachfront resort that has hosted celebrities, royalty, and U.S. presidents.
With its pristine shoreline, quaint shops, and oceanfront dining, Coronado offers a relaxed coastal lifestyle that feels worlds away from the city — yet is just a short drive or ferry ride from downtown San Diego.
Quick Facts
Population:
37,116
Median Age:
41
Housing Units:
19,042
Bike Score:
73/100
Walk Score:
54/100
Transit Score:
32/100
Median Household Income:
$202,767
Coronado Housing Market
Coronado home prices dropped by 4.6% in February 2025 compared to last year. According to Redfin, the housing market is somewhat competitive, with the average home going pending within 37 days and selling at 2% below list price.
Median Sale Price
$2.3 million
Median Price Per Square Ft.
$1.73K
Del Mar
Del Mar is nestled along the northern coast of San Diego County. It’s a prestigious seaside community known for its stunning ocean views, upscale homes, and laid-back elegance. The heart of Del Mar is its historical village, filled with boutique shops, gourmet restaurants, and cozy cafés — all just steps from the beach.
Quick Facts
Population:
3,921
Median Age:
55
Housing Units:
2,586
Bike Score:
49/100
Walk Score:
84/100
Transit Score:
n/a
Median Household Income:
$267,960
Del Mar Housing Market
Real estate in Del Mar is among the most exclusive in the region, with oceanfront estates, custom-built homes, and luxury condos commanding premium prices.
The Del Mar housing market is somewhat competitive, according to Redfin. Home prices have increased 55.8% in February 2025 compared to last year, making it one of the most expensive neighborhoods in San Diego.
However, the average home goes pending in 57 days and sells for 4% below list price, so those looking to buy may be able to do some negotiating.
Median Sale Price
$3.0 million
Median Price Per Square Ft.
$2,430
North Park
North Park, located just northeast of Balboa Park, is one of San Diego’s most vibrant and eclectic neighborhoods. Its dynamic atmosphere is fueled by indie coffee shops, craft breweries, record stores, art galleries, and an impressive lineup of locally owned restaurants offering everything from vegan eats to gourmet tacos.
Known for its historical Craftsman homes, walkable streets, and a thriving arts and culture scene, North Park draws a diverse mix of residents — from young professionals and creatives to long-time locals.
Quick Facts
Population:
33,820
Median Age:
34
Housing Units:
17,912
Bike Score:
64/100
Walk Score:
86/100
Transit Score:
49/100
Median Household Income:
$114,240
North Park Housing Market
The North Park housing market is considered very competitive; however, home prices are down 19.6% from February 2025 to last year.
Homes generally sell for about 1% below list price and go pending in around 15 days. In-demand homes can sell for 1% above list price in only about seven days.
Median Sale Price
$905,000
Median Price Per Square Ft.
$772
SoFi Home Loans
It’s easy to see why San Diego has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from whether you’re young and single or have a family to look after.
If you think San Diego could be your home sweet home, then you may need to consider your mortgage financing options.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
View your rate
FAQ
What is the current median home price in San Diego?
As of early 2025, the median home price in San Diego is approximately $989,750. Prices can vary significantly depending on the neighborhood, with upscale areas like La Jolla and Del Mar commanding much higher values.
Is the San Diego housing market considered competitive?
Yes, San Diego remains a competitive market. Many homes receive multiple offers, and desirable properties often sell quickly, sometimes above asking price.
Are home prices in San Diego going up or down?
While some neighborhoods have seen price dips, overall San Diego’s housing market has experienced modest year-over-year growth. The market remains strong, bolstered by steady demand, limited inventory, and the city’s desirable location and climate.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.
If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.
Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.
SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.
The trademarks, logos and names of other companies, products and services are the property of their respective owners.
SOHL-Q125-212
Sacramento Housing Market: Trends & Prices
Sacramento Housing Market: Trends & Prices (2025)
Sacramento Real Estate Market Overview
(Last Updated – 4/2025)
Sacramento is most famous for being the capital of California, but this city has much more to it than just historical appeal.
It’s a city known for its thriving job market, its farm-to-table food scene (with dozens of farmers’ markets), and how close it is to San Francisco, the Napa Valley’s wine trail, Lake Tahoe, and other popular destinations. Add to that nightlife, parks, sports, and charming historical buildings dating back to the Gold Rush days, and you will likely understand its appeal.
Another plus is that while California is one of the most expensive states in terms of cost of living, at almost 45% more than the national average, Sacramento is what some might consider affordable, with a cost of living 30% above the U.S. norm. Come take a closer look at what it offers and several of its most popular neighborhoods.
Cost aside, Sacramento has a lot to offer for new graduates and career-focused individuals. Sacramento landed the 38th spot on a Wallethub list of best cities to start a career. The city is also seeing employment bounce back.
Recommended: First-Time Homebuyer Guide
Sacramento Real Estate Market Trends
According to the real estate professionals at Redfin, Sacramento ranks as a very competitive housing market vs. other U.S. cities.
As of February 2025, homes that land on the market for sale typically get four offers and are sold within a brisk 20 days. Most homes in Sacramento sell for right around their asking price.
$487,500
Median Sale Price
$339
Median Price Per Square Ft.
20 days
Median Time on Market
Sacramento Housing Market Forecast
The Sacramento real estate market is fairly steady. The median house price increased 1.1% versus the previous year as of March 2025.
The fact that prices aren’t soaring may contribute to Sacramento’s popularity. It remains cheaper than neighbors like San Francisco and San Jose. On top of that, with its healthy population growth, real estate experts predict increasing buyer demand. While the City of Trees may not be California’s hottest housing market, it is a good bet for many prospective homebuyers shopping for a property and contemplating taking out a home loan.
Demographics of the Sacramento Market
While each neighborhood in Sacramento has its own unique demographics, attractions, and market temperature, it’s worth checking out the Sacramento market as a whole before diving deeper into each neighborhood.
Median Income: $85,928
Median Age: 36.2
College Educated: 37.9%
Homeowners: 54%
Married: 44%
Recommended: Understanding Housing Market Trends by Location
Popular Sacramento Neighborhoods
Over half a million people call Sacramento home, and there are dozens of neighborhoods to choose from, each with its own unique character and benefits.
Here are fast facts about five of Sacramento’s popular neighborhoods if you’re thinking about putting down roots here.
Midtown
From farmers’ markets to art galleries to a bustling restaurant and festival scene, Midtown has it all. And it’s walkable, making for a top-notch urban experience. This neighborhood is perfect for young professionals and families, is full of tree-lined streets, and is very bike-friendly. Worth noting: You may also hear this area referred to as Winn Park or Capital Avenue, which are smaller zones within the larger Midtown community.
Quick Facts
Population:
4,270
Median Age:
34
Housing Units:
2,572
Bike Score:
99/100
Walk Score:
94/100
Transit Score:
53/100
Median Household Income:
$103,187
Midtown Housing Market
Housing prices in Midtown tumbled a bit in February 2025 compared to last year (down 10.3%). The housing market is considered somewhat competitive, with homes in Midtown usually selling after 52 days on the market vs. 24 days last year. Properties are purchased on average 6% below their asking price, so you might get a good deal in Midtown.
Median Sale Price
$601,750
Median Price Per Square Ft.
$462
Recommended: What to Know About Getting Preapproved for a Loan
Tahoe Park
Tahoe Park is an increasingly popular neighborhood in Sacramento, with plenty of young couples and families (and their dogs) taking to the streets and parks in this walkable area. The park from which it gets its name is a big draw, with basketball, volleyball, softball, and soccer courts and fields, as well as a pool and play areas to enjoy. If you work up an appetite there, locals and food critics alike swear that stopping by Bacon & Butter is a must, especially if you love cinnamon buns.
Quick Facts
Population:
4,317
Median Age:
35
Housing Units:
1,806
Bike Score:
73/100
Walk Score:
58/100
Transit Score:
37/100
Average Household Income:
$82,547
Tahoe Park Housing Market
If you want to buy a home in Tahoe Park, be prepared to face some steep competition. Prices have climbed about 5% year over year as of February 2025, and many homes receive multiple bids, often with contingencies being waived. The average home sells for around the listing price and goes to pending in 24 days, with especially hot properties getting snapped up in nine days at 2% over list price.
Median Sale Price
$499,000
Median Price Per Square Ft.
$466
Land Park
Here’s another Sacramento neighborhood that gets its name from a park; William Land Park, to be specific. It has a golf course and picnic areas, and the zoo is nearby. It’s a favorite area with young families (kids love Fairytale Town, a storybook-themed attraction) and retirees.
If you have your heart set on a historical home, then check out some of Land Park’s beautiful options from the 1930s and ’50s. The tree-lined streets are favorites with many people who are house hunting and looking to buy a property.
Quick Facts
Population:
9,334
Median Age:
39
Housing Units:
4,290
Bike Score:
90/100
Walk Score:
68/100
Transit Score:
43/100
Median Household Income:
$132,135
Land Park Housing Market
Land Park is a competitive housing market, but not quite as intense as it was a year ago. For instance, the median sale price is down almost 20% vs. the previous year as of February 2025. Homes are going to pending status in, on average, 32 days compared to 21 days the year before. Properties are selling for about 1% under asking.
So if you are shopping for a home and getting preapproved for a mortgage, you may be able to breathe a little easier than you would have in the recent past.
Median Sale Price
$800,000
Average Price Per Square Ft.
$605
Natomas
Close proximity to two major freeways and the Sacramento International Airport gives Natomas residents plenty of travel options.
What’s to love about Natomas? Lots. Residents say they like the fact that it has a small-town suburban feel but is close to Sacramento’s downtown district, and they appreciate the good school system. It’s also conveniently located near two major freeways and the Sacramento International Airport, giving Natomas residents plenty of travel options. In addition, there’s a variety of restaurants and plenty of shopping at the Arden Fair mall and Natomas Marketplace. It’s no wonder this community is growing quickly.
Quick Facts
Population:
40,957
Median Age:
38.4
Housing Units:
15,152
Bike Score:
63/100
Walk Score:
45/100
Transit Score:
28/100
Median Household Income:
$132,611
Natomas Housing Market
The Natomas housing market qualifies as very competitive. The average sale price of homes in this neighborhood rose by almost 21% in February 2025 compared to last year. On average, homes sell within just 13 days of hitting the market (hot properties go in just 6 days), and buyers are typically paying only 1% under listing price. This is an in-demand neighborhood in Sacramento and tops many people’s lists for where they’d love to live.
Note: These statistics apply to the Natomas Park area. With 40,000-plus residents, Natomas has a few different, defined areas, each with its own data points.
Median Sale Price
$622,500
Median Price Per Square Ft.
$277
Elk Grove
Elk Grove has been attracting homebuyers — especially young families — for a few years now. Its ranks have recently passed 175,000. As you might guess, in a community of this size, there’s everything from compact starter homes to sprawling estates.
Among the perks of living here: Lots of parks, trails, local events, the award-winning school system, and a diverse restaurant scene. One hub of the neighborhood is DOCO, or Downtown Commons, which offers a mix of entertainment and eateries.
Quick Facts
Population:
176,105
Median Age:
38.7
Housing Units:
56,057
Bike Score:
45/100
Walk Score:
32/100
Transit Score:
N/A
Median Household Income:
$134,666
Elk Grove Housing Market
Get ready to roll up your sleeves and get to work if you want to find the perfect home in Elk Grove. The market is considered to be very competitive, though a bit less intense than a year ago. For instance, most homes sold after 31 days on the market as of February 2025, versus 21 days a year prior.
Nevertheless, many homes receive multiple offers, sometimes with contingencies waived. Most properties sell for right around their asking price; hot properties may go for a few percentage points over the list price.
Median Sale Price
$645,640
Median Price Per Square Ft.
$317
SoFi Home Loans
It’s easy to see why Sacramento has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from, whether you’re young and single or have a family to look after.
If you think Sacramento could be your home sweet home, then you may need to consider different mortgage loans during your home-buying process.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
What is the best month to sell a house in Sacramento?
Spring and early summer (specifically, March through June) is when demand tends to be highest, and the weather is good for touring properties. This timing works well for buyers with kids who want to get settled before the school year starts in the fall, too.
What’s the average price of a home in Sacramento?
According to Zillow, the average home value in Sacramento is $480,407 as of February 2025, which reflects a 1.1% increase vs. the prior year.
Are housing prices dropping in Sacramento?
Overall, there has been a slight softening in the market as of early 2025, but there is still good demand for homes in Sacramento, and in some popular neighborhoods, multiple bids are not uncommon.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
SoFi Bank, N.A. (NMLS #696891) does not perform any activity that is or could be construed as unlicensed real estate activity, and SoFi is not licensed as a real estate broker. Agents of SoFi are not authorized to perform real estate activity.
If your property is currently listed with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®.
Reward is valid for 18 months from date of enrollment. After 18 months, you must re-enroll to be eligible for a reward.
SoFi loans subject to credit approval. Offer subject to change or cancellation without notice.
The trademarks, logos and names of other companies, products and services are the property of their respective owners.
SOHL-Q125-214
San Antonio Housing Market: Trends & Prices
San Antonio Housing Market: Trends & Prices (2025)
San Antonio Real Estate Market Overview
(Last Updated – 4/2025)
Voted the sixth best place to live in Texas in 2024-5 by U.S. News & World Report, San Antonio offers the best of two worlds. Whether residents are looking for big-city amenities or want to spend their days in a relaxed and inviting atmosphere, San Antonio can deliver.
San Antonio may be taught in school as the home of the Alamo, but it’s also home to famous theme parks, theater and music venues, and sports arenas, not to mention its River Walk, snaking for 15 miles and offering all kinds of attractions, shopping, and eateries. Over 1.495 million residents call it home, and it currently ranks as one of America’s fastest-growing cities. The cost of living in San Antonio comes in at roughly 9% below the national average, and median home prices come in well below the national median.
By the way, San Antonio has around 250 sunny days every year. So stock up on some sunscreen and discover more helpful facts about the San Antonio housing market.
Recommended: Cost of Living by State
San Antonio Real Estate Market Trends
According to the real estate pros at Redfin, who size up national and local housing market trends, San Antonio has a somewhat competitive market. Homes in this area typically receive two offers and sell for 3% below list price.
San Antonio properties generally go to pending in 74 days, so homebuyers may not have to move too quickly to find a good deal.
Recommended: First-Time Homebuyer’s Guide
$249,000
Median Sale Price
$161
Median Price Per Square Foot
74 days
Median Time on Market
San Antonio Housing Market Forecast
For those looking to grab their Texas dream home at a discount, San Antonio may have some appealing options.
San Antonio housing prices went down by 3.9% year over year as of February 2025. Real estate experts report that homes in San Antonio remain cheaper than in other areas of the state and well below the national average. That can make it an attractive spot for those contemplating buying a home and taking out a .
Demographics of the San Antonio Market
San Antonio is a city with deep historical roots but isn’t afraid to modernize, making it an ideal place to call home for singles, families, students, and career ladder climbers.
Take a peek at the demographics of the San Antonio real estate market for a broader look at the city.
Median Household Income: $62,917
Median Age: 34.6
College Educated: 28.7%
Homeowners: 52%
Married: 44%
Popular San Antonio Neighborhoods
Ranging from undeniably modern to richly historical, the housing market in San Antonio is a diverse one with many charming neighborhoods to choose from.
Some neighborhoods prioritize arts and culture; others are at the top of their game in the medical industry or other business.
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Olmos Park
Olmos Park prides itself on being a friendly enclave with both a small-town feel and a bustling business district.
Actually a small city surrounded by San Antonio, Olmos Park loves to host major social events throughout the year for occasions like the Fourth of July. Families will feel right at home in this tiny affluent niche, which is near the San Antonio Zoo, a popular destination.
Quick Facts
Population:
2,286
Median Age:
42.6
Housing Units:
1,060
Bike Score:
51/100
Walk Score:
48/100
Transit Score:
42/100
Median Household Income:
$326,854
Olmos Park Housing Market
Homebuyers with their eyes on Olmos Park may feel like they’re a little late to the rodeo, as this neighborhood has become somewhat competitive. Prices took a big jump up in the last year, seeing an increase of almost 87% as of February 2025. That said, typically homes in this area sell for about 5% under their list price, but some receive multiple offers.
Homes in Olmos Park spend around 57 days on the market, so buyers still have a bit of breathing room when deciding where they want to put down roots.
Median Sale Price
$1,400,000
Median Price Per Square Ft.
$335
Downtown
The world-famous River Walk may be the most popular attraction in Downtown San Antonio, but this neighborhood also offers museums, theaters, schools, and historic sites such as the Alamo (one of the city’s five missions).
There are also great restaurants and shops to enjoy, as well as superb housing options to be uncovered. Residents appreciate its walkable urban vibe, affordability, and public school system.
Quick Facts
Population:
16,6554
Median Age:
35
Housing Units:
8,472
Bike Score:
65/100
Walk Score:
82/100
Transit Score:
73/100
Median Household Income:
$61,098
Downtown Housing Market
For those thinking about heading Downtown, it’s worth noting that the housing market in this neighborhood is not considered to be very competitive. That means you could take your time, shop around, and review your options. Prices have softened, down 4% year over year as of early 2025, and the median price per square foot tumbled 44%
What’s more, homes are typically on the market for around 102 days, which can allow prospective buyers to wait and see what else comes on the market before making a final decision.
Median Sale Price
$422,500
Median Price Per Square Ft.
$239
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Terrell Heights
Terrell Heights features lush landscapes, intimate parks, and mature trees that lend a peaceful feel to this neighborhood. It’s noted for being family-, dog-, and retiree-friendly, and there are plenty of cute coffee shops and restaurants for those who want to grab a sip or a bite while out and about.
For those looking for an escape from the hustle and bustle of San Antonio, Terrell Heights can offer a reprieve.
Quick Facts
Population:
5,045
Median Age:
42
Housing Units:
1,896
Bike Score:
50/100
Walk Score:
65/100
Transit Score:
37/100
Median Household Income:
$286,534
Terrell Heights Housing Market
The market, as of February 2025, is not very competitive in Terrell Heights, which can mean house hunters may not have to be too stressed. The median sale price dropped 3.2% year over year, and properties usually stay on the market for about 89 days, and sell for around 5% below list price.
Median Sale Price
$436,000
Median Price Per Square Ft.
$206
Oakland Estates
Real estate experts consider Oakland Estates to be a great place for a first-time homebuyer in Texas to consider. With popular education, entertainment, dining, and shopping options, Oakland Estates has many things busy professionals and families are looking for.
It’s known for having homes on larger lots, which many buyers appreciate, and being close to main roads that can zip you wherever you’re going. Plus, there are major employers like UTSA and South Texas Medical Center nearby for even shorter commuting times.
Quick Facts
Population:
57,532
Median Age:
31.9
Housing Units:
27,299
Bike Score:
37/100
Walk Score:
27/100
Transit Score:
28/100
Median Household Income:
$82,296
Oakland Estates Housing Market
The Oakland Estates housing market is somewhat competitive and could keep buyers on their toes. Prices have jumped 55.3% year over year as of February 2025. Sales tend to come in at 2% under the asking price, and they sell in an average of 46 days.
That said, there’s not a lot of inventory, so if you don’t like what’s available at a given moment, you may have to wait a month or more for more properties to come on the market.
Median Sale Price
$625,000
Median Price Per Square Ft.
$173
Dignowity Hill
Dignowity Hill is a popular neighborhood thanks to its walkability, quaint antique architecture, and proximity to downtown. Small Victorian-style houses and a historical park add to the charm of this beloved San Antonio neighborhood, which has gentrified in recent years, with empty lots being snapped up and built on by developers. There are many food and entertainment options that draw locals and those from farther afield to this area.
Quick Facts
Population:
9,685
Median Age:
39
Housing Units:
4,989
Bike Score:
64/100
Walk Score:
67/100
Transit Score:
50/100
Median Household Income:
$67,599
Dignowity Hill Housing Market
Redfin rates Dignowity Hill as “not very competitive” and reports that it’s rare for homes in this market to receive multiple offers. That’s good news for buyers who aren’t fans of a rushed purchase process. However, prices have risen just over 50% in the past year as of February 2025, which should be noted by those budgeting for a home purchase.
On average, listed homes in Dignowity Hill stay on the market for 119 days and sell for roughly 5% below list price.
Median Sale Price
$302,875
Median Price Per Square Ft.
$170
SoFi Home Loans
It’s easy to see why San Antonio has become such a popular market to buy a home in. There are some really amazing neighborhoods to choose from whether you’re young and single or have a family to look after.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
FAQ
Are home prices dropping in San Antonio?
At the start of 2025, the median home price in San Antonio was $249,000, a drop of 3.9% from the previous year. Prices are not currently predicted to rise, meaning San Antonio can offer a good place to purchase a home at well below the national average price.
How long are houses staying on the market in San Antonio?
At the end of 2024, data indicated that it typically takes 76 days to sell a house in San Antonio. Then it usually takes another 35 days to close, meaning a total timeline of 111 days.
Is San Antonio a good real estate investment?
There are no guarantees about whether a given city or property is a good investment, but overall, the San Antonio market is considered a good investment because prices are affordable and the area is growing considerably, with indicators of a good job market.
SoFi Mortgages
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SoFi Loan Products
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*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
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Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
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