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Denver Housing Market: Trends & Prices


Denver Housing Market: Trends & Prices (2025)

On this page:

    Denver Real Estate Market Overview

    By Jacqueline DeMarco

    (Last Updated – 4/2025)

    Situated at the foot of the Rocky Mountains, the mile high city of Denver has become one of the fastest growing cities in the United States—with the population recently topping over 716,500 people. The Denver climate offers mild winters and warm summers, giving the city bragging rights for having about 245 days of sunshine a year. Alongside plenty of sunny days, Denver has had one of the hottest real estate markets in the country over the past few years.

    It’s no wonder people love Denver; with over 250 parks in the city and 14,000 acres of parks nearby, it is an outdoors lovers’ paradise. As the 19th largest city in the country, Denver has a walkability score of 61/100, a transit score of 45/100, and a bike score of 72/100 (it’s the 6th most bike-friendly city in the U.S.).

    Denver’s cost of living is 8.6% higher than the national average, with housing expenses in particular being 30.0% higher than the national average. Denver is 153 square miles, and the population has grown in the past 15 years, although that seems to be leveling off. Keep reading to gain insight into the Denver real estate market, including average home price, market forecast, and more.


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    Recommended: Cost of Living in Colorado (2025)

    $620,000

    Median Home Price

    $364

    Median Sale Price Per Square Foot

    45 days

    Median Time on Market

    Denver Housing Market Forecast

    The Denver housing market has seen high growth over the past five years, but this has flattened out since its peak in 2022. The Denver market has a history of being considered one of the best long-term real estate investments, which has created affordability problems for interested buyers.


    Housing market forecast chart

    *Graph taken from Zillow as of 2/2025

    Demographics of the Denver Market

    Denver is a unique city with a mix of different residents. It is a highly educated city and considered the seventh healthiest city in the country — which should come as no surprise considering the number of parks to explore. Here are some fast facts about the demographics of Denver.

    Median Household Income: $94,157

    Median Age: 35

    College Educated: 57.9%

    Homeowners: 49.1%

    Married: 40.69%

    Capitol Hill

    Capitol Hill, the most populated Denver neighborhood, happens to perfectly combine history with modernity. For foodies, there are a ton of hip new restaurants and bars to choose from. Parking is notoriously tough in this area, but luckily, “Cap Hill” is the most walkable neighborhood in all of Denver.



    Quick Facts

    Population:

    12,174

    Median Age:

    34

    Housing Units:

    8,984

    Bike Score

    96/100

    Walk Score:

    94/100

    Transit Score:

    60/100

    Median Household Income:

    $78,790

    Capitol Hill Housing Market

    Capitol Hill home values increased by 3.1% as of March 2025 compared to last year. The market here is considered somewhat competitive.

    Some homes in Capitol Hill receive multiple offers and go pending in around 82 days. The most desirable homes in the neighborhood can go to pending in just 17 days.


    Median Sale Price

    $384,000

    Median Sale Price Per Sq. Ft.

    $370


    Washington Park

    This neighborhood is south of Capitol Hill, and known for its major attraction: a huge greenspace named Washington Park. But even in a city known for its outdoors spaces, living in Washington Park won’t come cheaply. It has become a popular neighborhood, and home prices have soared.



    Quick Facts

    Population:

    10,355

    Median Age:

    36

    Housing Units:

    5,858

    Bike Score:

    80/100

    Walk Score:

    61/100

    Transit Score:

    42/100

    Median Household Income:

    $110,159

    Washington Park Housing Market

    Washington Park home is considered a very competitive housing market. Average home prices rose by 50.6% as of March 2025 compared to last year, but they remain much more expensive than the overall Denver average.

    In this very competitive housing market, many homes receive multiple offers. Homes sell on average within 15 days. The most desirable homes can sell for around list price and go pending in just 3 days on the market.


    Median Sale Price

    $2,075,000

    Median Sale Price Per Sq. Ft.

    $664


    Cherry Creek

    If you like to avoid driving, then Cherry Creek may be the walkable neighborhood for you. This area is known for being both pedestrian- and bike-friendly, with plenty of opportunities to literally “run” errands if you so wish. It’s also a very family-friendly area, with over 200 licensed child care spots to choose from.



    Quick Facts

    Population:

    8,044

    Median Age:

    37

    Housing Units:

    4,579

    Bike Score:

    82/100

    Walk Score:

    81/100

    Transit Score:

    45/100

    Median Household Income:

    $110,504

    Cherry Creek Housing Market

    Cherry Creek is one of the more high-ticketed neighborhoods in Denver. The value of homes in Cherry Creek was up 0.5%, as of March 2025, compared to last year.

    In this somewhat competitive housing market, homes in the area typically go pending in around 19 days and sell for about 2% below list price. Hot homes sell for around list price, and go pending in around three days.


    Median Sale Price

    $1,612,500

    Median Sale Price Per Sq. Ft.

    $500


    Park Hill

    East of downtown Denver and adjacent to the lush City Park, Park Hill is bordered by East Colfax Avenue to the south, Quebec Street to the east, and Colorado Boulevard to the west, and stretches over I-70 to the north. The area’s rich history is evident in a diverse mix of residents and architectural styles. An abundance of green spaces in parkways help keep the neighborhood cool and shady through hot summers. In fact, notable landscape architect Fredrick Law Olmstead was the designer behind the 17th Avenue Parkway in the neighborhood.



    Quick Facts

    Population:

    27,187

    Median Age:

    38

    Housing Units:

    2,425

    Bike Score:

    80/100

    Walk Score:

    64/100

    Transit Score:

    45/100

    Median Household Income:

    $101,961

    Park Hill Housing Market

    This is a very competitive market, even for fast-moving Denver. Many homes in Park Hill get multiple offers, some with waived contingencies. Average homes go to pending in 19 days, but the most desirable ones can go in as fast as five days.


    Median Sale Price

    $600,000

    Median Sale Price Per Sq. Ft.

    $511


    Downtown / Lower Downtown (LoDo)

    As the third most walkable neighborhood in Denver, you’ll surely get plenty of exercise in the Downtown neighborhood. This is a populous area of Denver, with over 18,233 residents calling this neighborhood home.

    There is plenty to do and see in Downtown, as there are over 650 restaurants, bars, and coffee shops to choose from. On average, you can walk to nearly 40 of these establishments in just five minutes.



    Quick Facts

    Population:

    18,233

    Median Age:

    34

    Housing Units:

    11,749

    Bike Score:

    93/100

    Walk Score:

    89/100

    Transit Score:

    83/100

    Median Household Income:

    $110,372

    Downtown/Lower Downtown Housing Market

    Downtown Denver is a somewhat competitive housing market. Homes typically go pending within 19 to 38 days, for around list price or 3% below price.


    Median Sale Price

    $529,500

    Median Sale Price Per Sq. Ft.

    $548



    SoFi Home Loans

    It’s easy to see why Denver 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 Denver could be your home sweet home, then you may need to consider your home loan 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.

    SoFi Mortgages: simple, smart, and so affordable.



    View your rate

    FAQ

    Are house prices dropping in Denver?

    House prices in some of the most desirable neighborhoods in Denver are not dropping, but you may be able to get a house in your budget if you make an offer at or near the listing price. Many housing markets in the city have cooled, making them less competitive, and many houses have sold at or near the listing price in the last year.

    Is now a good time to buy in Denver?

    Denver home prices are leveling off after a peak in summer 2022. This year could be a good time to buy, as many homes are selling at or near listing price. In some neighborhoods, sale prices have even gone down from previous years.

    How much do you need to make to afford a house in Denver?

    Your necessary income in Denver could depend on how expensive a home you want to buy, but generally a six-figure income is needed for the most desirable neighborhoods in the city.


    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.


    ‡Up to $9,500 cash back: HomeStory Rewards is offered by HomeStory Real Estate Services, a licensed real estate broker. HomeStory Real Estate Services is not affiliated with SoFi Bank, N.A. (SoFi). SoFi is not responsible for the program provided by HomeStory Real Estate Services. Obtaining a mortgage from SoFi is optional and not required to participate in the program offered by HomeStory Real Estate Services. The borrower may arrange for financing with any lender. Rebate amount based on home sale price, see table for details.

    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.


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    Las Vegas Housing Market: Trends & Prices


    Las Vegas Housing Market: Trends & Prices (2025)

    On this page:

      Las Vegas Real Estate Market Overview

      By Jacqueline DeMarco

      (Last Updated – 4/2025)

      For many, Sin City is a place to escape to and have some fun. But for an increasing number of people (the population has risen 3.64% since the last census), Las Vegas is home. And who wouldn’t want to live in one of the hottest vacation spots around? World-class restaurants, spas, shopping, and casinos are all available to Las Vegas residents.

      There is plenty of excitement to be found in Las Vegas, but there are also a lot of career opportunities. As you might expect, entertainment and hospitality are key industries, but construction, transportation, and technology jobs are also available.

      In terms of affordability, the cost of living in Las Vegas has bounced around a bit recently, sometimes a percentage or two below the national average, and other times a bit above. Here, you’ll take a closer look at the real estate market, which is a big component of daily living costs. With the median home value standing at $440,000 in early 2025, it may make a great home base for you.


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      $410,000

      Median Home Price

      $262

      Median Price Per Sq. Ft

      61 days

      Median Time on Market

      Las Vegas Housing Market Forecast

      The Las Vegas housing market has seen steady growth in recent years. That trend is expected to continue — the Las Vegas housing market saw a 1.9% increase in home sale prices over the last year (as of February 2025). The market is considered somewhat competitive, with most homes getting a couple of offers and selling in, on average, 61 days.

      If you’re looking to invest in the Las Vegas real estate market, experts are generally recommending you do so sooner rather than later.


      Housing market forecast chart

      *Graph taken from Zillow as of 4/2025

      Demographics of the Las Vegas Market

      Las Vegas is not just for party people. Sure, there’s no shortage of exciting things to do in Las Vegas, which is probably why it’s considered one of the most fun places to live in the United States. But alongside the glitz and glamor that can be found on the Strip, there is a lot of family fun to be had for the city’s 660,000 residents.

      To start, there are over 100 parks and community facilities for families to choose from in Las Vegas. Amazing hiking amid canyons is an easily accessible way to spend a weekend afternoon. Keep reading to learn more fast facts about the demographics of Las Vegas.

      Median Household Income: $73,784

      Median Age: 39.2

      College Educated: 28.8%

      Homeowners: 57%

      Married: 44%

      Downtown

      If you want a lively atmosphere and being right in the heart of all that Las Vegas offers, then living in Downtown may be your idea of a good time. (It’s near the Strip, but to the north, so you’re not living right next to the jam-packed tourist areas.) You’ll join the 65,000 residents who live in that neighborhood. It’s obvious why Las Vegas residents are eager to live Downtown — access to great nightlife, shopping, and dining are just minutes away.

      Not to mention, the public schools in Nevada are considered to be above average and there are a lot of nice parks nearby.



      Quick Facts

      Population:

      65,501

      Median Age:

      34

      Housing Units:

      25,909

      Bike Score:

      61/100

      Walk Score:

      75/100

      Transit Score:

      55/100

      Median Household Income:

      $61,313

      Downtown Housing Market

      If you head Downtown, make sure your budget is prepared. Home prices in Downtown Las Vegas increased 8.5% year over year as of February 2025.


      Median Home Price

      $369,000

      Median Price Per Square Ft.

      $263


      Sunrise Manor

      Sunrise Manor is an up-and-coming area to put down roots. It’s known for its affordability, diversity, and accessibility (it’s about an 18-minute drive to downtown Las Vegas). Also, Las Vegas Motor Speedway is just to the north of town, and Frenchman Mountain just to the east.



      Quick Facts

      Population:

      199,099

      Median Age:

      34

      Housing Units:

      71,430

      Bike Score:

      48/100

      Walk Score:

      36/100

      Transit Score:

      39/100

      Median Household Income:

      $69,436

      Sunrise Manor Housing Market

      As of February 2025, Sunrise Manor home values were up by 8.5% compared to a year earlier, and houses were on the market for an average of 57 days vs. 69 days a year prior. The market is described as somewhat competitive, with homes typically selling for 1% below the asking price.


      Median Home Price

      $385,000

      Median Price Per Square Ft.

      $229


      Summerlin South

      Summerlin South is an upscale, in-demand neighborhood filled with golf courses, walking trails, and cultural centers. Residents of all ages can enjoy the fun activities this community has to offer, from the Downtown Summerlin shopping / entertainment / restaurant hub to the nearby Red Rock National Conservation Area.



      Quick Facts

      Population:

      30,075

      Median Age:

      47

      Housing Units:

      14,222

      Bike Score:

      34/100

      Walk Score:

      22/100

      Transit Score:

      28/100

      Median Household Income:

      $181,234

      Summerlin South Housing Market

      Home values in Summerlin South are higher than in many other areas of Las Vegas. Year over year (as of February 2025), the average sale price was up a whopping 57.2% to $990,069. Despite the lofty prices, the market is considered somewhat competitive, with houses on the market for an average of 81 days vs. 56 days a year earlier.

      Houses in this neighborhood typically sell for 3% under the asking price, with hot properties selling right at the list price.


      Median Home Price

      $990,069

      Median Price Per Square Ft.

      $364


      Lone Mountain

      Young families and dog lovers enjoy Lone Mountain for its outdoorsy lifestyle: There are plenty of parks with gorgeous mountain views. Parents appreciate the well-regarded schools and the proximity to Red Rock National Conservation Area, with its top-notch hiking and biking trails. For those who love horseback riding, equestrian trails are nearby as well. Other benefits of living in this area include easy parking and a good degree of walkability.



      Quick Facts

      Population:

      54,575

      Median Age:

      40

      Housing Units:

      21,941

      Bike Score:

      41/100

      Walk Score:

      45/100

      Transit Score:

      37/100

      Median Household Income:

      $120,967

      Lone Mountain Housing Market

      Home prices in Lone Mountain increased 10% in February 2025 compared to last year. Currently, the median home price is $424,000, in a somewhat competitive market. The typical home sells after 52 days on the market, vs. 43 days one year prior.


      Median Home Price

      $424,000

      Median Price Per Square Ft.

      $243


      Green Valley Ranch

      If you’re looking to move away from the hustle and bustle of Downtown Las Vegas but still be nearby, Green Valley Ranch (technically located in Henderson) could be a terrific option. It’s a small, master-planned community that’s about 15 minutes from the famous Strip, and residents enjoy the abundance of parks and trails. Families appreciate the local school system and shopping at the District, with its array of retail and dining options.



      Quick Facts

      Population:

      7,725

      Median Age:

      45

      Housing Units:

      3,407

      Bike Score:

      34/100

      Walk Score:

      42/100

      Transit Score:

      30/100

      Median Household Income:

      $134,831

      Green Valley Ranch Housing Market

      Home values in this neighborhood, which is considered somewhat competitive, were up 17.1% in February 2025 compared a year earlier.

      On average, homes sell in 54 days vs. 40 days the previous year, typically going for a couple of percentage points below the asking price.


      Median Home Price

      $606,000

      Median Price Per Square Ft.

      $303



      SoFi Home Loans

      It’s easy to see why Las Vegas 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 Las Vegas 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.

      SoFi Mortgages: simple, smart, and so affordable.




      View your rate

      FAQ

      How long are homes staying on the market in Las Vegas?

      In March 2025, homes in Las Vegas were selling quickly, with 56% of homes sold in 30 days, 29% within 30 to 90 days, and 15% sold in over 90 days.

      Is it a good time to sell a house in Las Vegas?

      Overall, the market is somewhat competitive in Las Vegas, with housing prices rising a few percentage points vs. the previous year. A well-priced home is likely to sell within a couple of months.

      Is Downtown Las Vegas a good place to live?

      Downtown Las Vegas can be a good place to live if you want a walkable neighborhood with lots of opportunities for entertainment, dining, and shopping. Remember, it’s north of the Strip, but it’s not the Strip. You won’t be living next door to the casinos.


      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.


      ‡Up to $9,500 cash back: HomeStory Rewards is offered by HomeStory Real Estate Services, a licensed real estate broker. HomeStory Real Estate Services is not affiliated with SoFi Bank, N.A. (SoFi). SoFi is not responsible for the program provided by HomeStory Real Estate Services. Obtaining a mortgage from SoFi is optional and not required to participate in the program offered by HomeStory Real Estate Services. The borrower may arrange for financing with any lender. Rebate amount based on home sale price, see table for details.

      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.


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      Boston Housing Market: Trends & Prices


      Boston Housing Market: Trends & Prices (2025)

      On this page:

        Boston Real Estate Market Overview

        By Dana Webb

        (Last Updated – 4/2025)

        If you’ve dreamed of living in Boston ever since cracking open your first American history textbook, then do we have the guide for you.

        We’re breaking down Boston home price trends, demographics, and neighborhoods to provide you with the information you may need to help make a decision about moving to this historic city.

        Boston has one of the hottest real estate markets in the East Coast, with median home prices that are much higher than in the U.S. as a whole. The cost of living is also 45.9% higher than the national average, according to The Council for Economic Research, but that number is still lower than Manhattan’s. With its top-notch universities, startup scene, and strong job market, many young people around the country are attracted to what Boston has to offer.

        Every neighborhood in Boston has a unique housing market of its own, so keep reading to not only see our breakdown of Boston housing market trends, but to check out a list of some of Boston’s most popular neighborhoods.


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        $858,000

        Median Sale Price

        $693

        Median Price Per Sq. Ft

        40 days

        Median Time on Market

        Boston Housing Market Forecast

        If you’re curious where Boston real estate trends are headed in the future, here’s a look at the last five years, according to Zillow. Prices are up 4.4% year-over-year as of February 2025.

        Housing market forecast chart

        *Graph taken from Zillow as of 2/2025

        Demographics of the Boston Market

        Over 650,000 people call the great city of Boston home. This relatively small city only takes up 48.34 square miles, but packs a lot of punch thanks to its vibrant neighborhoods and rich history.

        So let’s take a closer look at the demographics of the Boston housing market that can help inform your home-buying decisions, no matter what neighborhood you decide to put down roots in.

        Median Household Income: $96,931

        Median Age: 33.7

        College Educated: 55.8%

        Homeowners: 35.4%

        Married: 38%

        South End

        The South End neighborhood in Boston was first developed in the 1850s and has continuously evolved ever since. South End is now considered one of the more stylish neighborhoods in Boston.

        It’s a very walkable neighborhood that is ideal for raising a family thanks to ample playground and park options.



        Quick Facts

        Population:

        25,417

        Median Age:

        34.4

        Housing Units:

        13,857

        Bike Score:

        92/100

        Walk Score:

        97/100

        Transit Score:

        93/100

        Median Household Income:

        $151,492

        South End Housing Market

        This expensive neighborhood is slightly competitive for homebuyers, but you can typically score a home for 2% below its listing price.

        Some homes in this neighborhood do receive multiple offers, and more in-demand properties can sell quickly in about 18 days.


        Median Home Price

        $1.13 million

        Median Price Per Square Ft.

        $1,210


        Quincy

        For those looking for a bit more of a suburban feel, and hoping to escape the high prices of buying a home in Boston, this suburb of Boston may be perfect for you.

        It’s not too deep into the suburbs and has plenty of beautiful waterfront condo developments and seaside cottages worth considering.



        Quick Facts

        Population:

        100,981

        Median Age:

        38.3

        Housing Units:

        47,424

        Bike Score:

        42/100

        Walk Score:

        63/100

        Transit Score:

        47/100

        Median Household Income:

        $92,085

        Quincy Housing Market

        In Quincy, home sale prices were down by 1.9% in February 2025 compared to last year. This is a very competitive market, with many homebuyers waiving contingencies, so you may need to prepare to bid for a house you love.


        Median Home Price

        $549,500

        Median Price Per Square Ft.

        $439


        North End

        North End is the third most-walkable neighborhood in all of Boston, so be ready to hit the pavement. If you get tired of walking, you can stop to enjoy a yummy plate of pasta, because North End is where Boston’s Little Italy resides.

        The Italian roots of the neighborhood are slowly being overshadowed by businesses attracted to the waterfront proximity, but there is still a lot of old world charm to be found in the North End.



        Quick Facts

        Population:

        8,309

        Median Age:

        35.4

        Housing Units:

        5,822

        Bike Score:

        86/100

        Walk Score:

        99/100

        Transit Score:

        99/100

        Median Household Income:

        $126,157

        North End Housing Market

        The real estate market isn’t too hot or too cold in the North End. For some hopeful homebuyers, it may be just the perfect temperature.

        While some homes do get multiple offers, and the more popular options can sell in around 12 days, most homes sell in 24 days and go for around 2% below the list price.


        Median Sale Price

        $770,000

        Median Price Per Square Ft.

        $949


        Beacon Hill

        This historic neighborhood is beloved for its brick buildings, cobblestone streets, and Federal and Greek Revival architecture. Antiques lovers will appreciate the many antiques shops that line the popular Charles Street.

        Those looking for an upscale neighborhood to raise their families in should feel at home in the pricey but stunning Beacon Hill.



        Quick Facts

        Population:

        5,102

        Median Age:

        36

        Housing Units:

        3,227

        Bike Score:

        72/100

        Walk Score:

        99/100

        Transit Score:

        100/100

        Median Household Income:

        $145,898

        Beacon Hill Housing Market

        In this somewhat competitive housing market, homes can receive multiple offers and typically sell in around 59 days.

        For home buyers looking to score a deal, rest assured, homes in the Beacon Hill neighborhood generally sell for about 2% below their list price.


        Median Sale Price

        $2.48 million

        Median Price Per Square Ft.

        $1,330


        Allston

        If Allston residents seem young at heart, there’s a good reason. This neighborhood is dominated by students, so be warned it can get a bit noisy on weekends.

        On the plus side, their youth also attracts cool restaurants and coffee shops.



        Quick Facts

        Population:

        67,319

        Median Age:

        27

        Housing Units:

        32,599

        Bike Score:

        92/100

        Walk Score:

        87/100

        Transit Score:

        66/100

        Median Household Income:

        $73,998

        Allston Housing Market

        You may have to fight a bit for your dream home in Allston, as this neighborhood is experiencing a somewhat competitive real estate market right now.

        “Hot homes” can sell for around 1% above their list price in around seven days of being on the market. Some homes in this neighborhood receive multiple offers.


        Median Home Price

        $572,450

        Median Price Per Square Ft.

        $661



        SoFi Home Loans

        It’s easy to see why Boston 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 Boston could be your home sweet home, then you may need to consider your mortgage loan 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.

        SoFi Mortgages: simple, smart, and so affordable.



        View your rate

        FAQ

        What is the Boston real estate market forecast?

        The Boston housing market forecast is for continued growth in 2025, with home prices remaining strong and sustained demand for rentals as well, with tight inventory. In early 2025, the high price of homes here, combined with mortgage rates that remain over 6.50%, was tempering expectations for an even stronger market.

        Is this the time to buy a house?

        Whether this is the right time to buy a home will depend on some very personal factors, so there is no one answer for everyone. Assess your financial situation: Do you have enough money saved up to cover the costs of buying plus your mortgage payment? Is your credit score solid? Then, look at rental prices compared to home prices and monthly mortgage payments in your area to see whether buying makes financial sense where you live.

        Is Boston one of the country’s hottest housing markets?

        While Boston was named the nation’s hottest housing market in 2024, it has not landed on more recent lists, though it remains a very competitive market. Home sale prices in Boston generally are up 17% in the year ending February 2025, and the average home for sale in the city receives two offers.


        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.


        ‡Up to $9,500 cash back: HomeStory Rewards is offered by HomeStory Real Estate Services, a licensed real estate broker. HomeStory Real Estate Services is not affiliated with SoFi Bank, N.A. (SoFi). SoFi is not responsible for the program provided by HomeStory Real Estate Services. Obtaining a mortgage from SoFi is optional and not required to participate in the program offered by HomeStory Real Estate Services. The borrower may arrange for financing with any lender. Rebate amount based on home sale price, see table for details.

        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-Q125-225

        Read more

        Current Mortgage Refinance Rates in Wisconsin Today

        WISCONSIN MORTGAGE REFINANCE RATES TODAY

        Current mortgage refinance rates in

        Wisconsin.




        View your rate

        Apply online or call for a complimentary mortgage consultation.

        Compare mortgage refinance rates in Wisconsin.

        Key Points

        •   Mortgage refinance rates in Wisconsin are influenced by economic factors like inflation and Federal Reserve policy, and personal factors like your credit score and debt-to-income ratio.

        •   Even a 1% drop in your mortgage refinance rate can make a big difference in your monthly payment and the amount you pay in interest over the life of the loan.

        •   In Wisconsin, you have a variety of mortgage refi options to choose from: conventional, cash-out, FHA, VA, 15-year, and adjustable-rate mortgages, each with its own set of perks and things to consider.

        •   Higher credit scores typically secure more favorable refinance rates. Maintaining good credit can lead to significant savings over the life of your Wisconsin home loan.

        •   When you’re thinking about a mortgage refinance, it’s important to weigh the potential savings against the costs, which can include closing fees and the interest you’ll pay over the life of the loan.

        Introduction to Mortgage Refinance Rates

        Current mortgage refinance rates in Wisconsin play a pivotal role in your decision to refinance. When you opt for a mortgage refinance, you’re essentially trading in your old mortgage for a new one, complete with updated terms and a fresh interest rate.

        The reason behind your refinance will dictate the type of refi you choose, which in turn influences the interest rate you’ll secure. This guide will illuminate how Wisconsin refinance rates are established and how you can snag the most favorable one.

        💡 Quick Tip: Wondering how to refinance a mortgage? The process, which takes about 30 to 45 days, is similar to when you got your original home loan.

        Where Do Mortgage Refinance Interest Rates Come From?

        Current mortgage rates are a product of the economy and your unique financial landscape. On the economic side, rates fluctuate based on the Federal Reserve’s monetary policies, inflation trends, and overall market conditions. When inflation rises, lenders typically increase interest rates to maintain their profit margins.

        On the personal side, a borrower’s credit score, debt-to-income (DTI) ratio, and loan-to-value (LTV) ratio all play a role in determining their refinance rate. A higher credit score generally leads to more favorable terms, while a lower DTI ratio reassures lenders that the borrower can manage their financial obligations.


        Get matched with a local
        real estate agent and earn up to
        $9,500 cash back when you close.

        Connect with an agent



        How Interest Rates Affect Home Affordability

        Just like when you took out your initial home loan, the interest rate on your mortgage is a key player in the game of affordability.

        Your monthly payment is a mix of your loan amount, the term you’re paying it back over, and the mortgage interest rate. For instance, a $200,000 loan with a 6.00% mortgage rate and a 30-year repayment term will have you paying $1,199 monthly. If you bump that rate up to 8.00%, you’re looking at $1,467 each month. That’s a difference of almost $100,000 over the life of the loan. So while a fraction of a percentage point might seem small, it can add up to some serious savings over time.

        Here’s a closer look at how different interest rates and loan terms affect monthly payments and total interest paid on a $200,000 loan:

        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

        Trends in Wisconsin Mortgage Interest Rates

        Mortgage refinance rates have been on quite the rollercoaster in recent years. Currently, rates are higher than when they hit all-time lows back in 2021. Freddie Mac’s early 2025 prediction is that the current rate levels are here to stay, and they might even climb higher.

        Historical U.S. Mortgage Interest Rates

        The mortgage refinance rate landscape has seen some big changes over the years. In 2021, the average 30-year fixed mortgage rate was a low 2.96%. By 2023, rates were up to 7.03%. In March 2025, rates are 6.65% on average. These fluctuations highlight the importance of timing when you’re thinking about refinancing. By understanding historical trends, you can better predict where rates might go in the future — and make smart decisions about when to refinance.

        Here’s a look at the average fixed mortgage rates in the U.S. over the past 50 years:

        Historical Interest Rates in Wisconsin

        Mortgage refinance rates in Wisconsin often mirror the national landscape, and over the past few years, homeowners in the Badger State have ridden the waves of some significant fluctuations.

        Here’s a look at how Wisconsin mortgage rates compare to U.S. rates from years 2000 to 2018:

        Year Wisconsin Rate National Rate
        2000 8.06 8.14
        2001 7.03 7.03
        2002 6.47 6.62
        2003 5.69 5.83
        2004 5.75 5.95
        2005 5.91 6.00
        2006 6.56 6.60
        2007 6.49 6.44
        2008 6.13 6.09
        2009 5.06 5.06
        2010 4.74 4.84
        2011 4.57 4.66
        2012 3.64 3.74
        2013 3.85 3.92
        2014 4.18 4.24
        2015 3.88 3.91
        2016 3.76 3.72
        2017 4.06 4.03
        2018 4.66 4.57

        Source: Federal House Finance Agency

        Why Refinance in Wisconsin?

        Refinancing your mortgage in Wisconsin can be a smart financial move, but it does require some careful thought. If current interest rates are lower than the rate on your existing mortgage, you may be able to save money by refinancing.

        You’ll generally need to have at least 20% equity in your home to refinance, and if you’re looking to take cash out, you’ll want to have more than that. Refinancing can help you lower your interest rate, change your loan term, or tap into your home’s equity. Each type of refi has its own benefits and considerations, so it’s important to think about your financial goals and how a refinance might impact your budget.

        Common Reasons to Refinance a Mortgage

        Homeowners refinance for various reasons, including:

        •   Lower interest rates due to market changes or a change in your credit.

        •   Adjust the repayment term to manage monthly payments or to clear the loan faster.

        •   Cash out home equity to fund needs like education expenses.

        •   Consider a fixed-rate loan to safeguard against potential rate hikes.

        •   Eliminate mortgage insurance premiums for FHA loans with small down payments.

        How to Compare Mortgage Refi Interest Rates

        Secure a competitive mortgage refinance rate to keep more money in your pocket. Even a fraction of a point can add up to significant savings. To make sure you’re getting the best rate, you’ll want to:

        •   Compare rates from multiple lenders.

        •   Look at the annual percentage rate (APR), which includes fees and discount points.

        •   Compare the rates being offered to your current rate.

        Recommended: How Much Does It Cost to Refinance a Mortgage?

        Compare Wisconsin Interest Rates by Mortgage Refi Type

        Mortgage interest rates in Wisconsin can vary depending on the type of refinance you choose. By understanding these different options, you can make an informed decision about which Wisconsin refinance rate is going to be the best fit for your financial needs.


        Conventional Refi

        Conventional refinance loans often come with slightly higher interest rates compared to government-backed loans such as FHA, VA, and USDA loans. They are a good option for homeowners who are looking to lower their interest rate or change their loan term. Conventional refis typically require a minimum credit score and a certain level of equity in the property. While the interest rates may be slightly higher, the flexibility and lack of mortgage insurance can make them a good option for many homeowners.

        Cash-Out Refi

        Cash-out refinances are a savvy way to leverage your home equity by refinancing for more than you currently owe and pocketing the difference. These types of refinances typically come with higher rates than your standard refi, but the added flexibility can be worth it. For example, if your home is valued at $500,000 and you owe $300,000, you could potentially borrow up to 80% of your equity, leaving you with $100,000 after paying off your existing mortgage. This could be a game-changer for paying off high-interest debt or funding a major expense like home renovations.

        FHA Refi

        FHA refinances often come with lower mortgage refinance rates than conventional loans. These refinancing options are available to homeowners with an existing FHA loan, and include the FHA Simple Refinance and FHA Streamline Refinance programs. For those who don’t have an FHA loan, an FHA cash-out refinance and an FHA 203(k) refinance are two options to consider. The 203(k) loan is specifically for home renovations and improvements, which can add value to your home.

        VA Refi

        VA refinances, backed by the U.S. Department of Veterans Affairs, are known to offer some of the most competitive mortgage refinance rates available. To qualify for a VA refi, also known as an Interest Rate Reduction Refinance Loan (IRRRL), you must have an existing VA loan. This type of refinance is particularly suitable for veterans seeking to secure a lower interest rate or transition from an adjustable-rate to a fixed-rate mortgage.

        15-Year Mortgage Refi

        Switching to a 15-year mortgage refinance can lower your total interest payments, even though your monthly costs may rise. For instance, imagine you have a 30-year, $500,000 mortgage at a 6.75% interest rate with a monthly payment of around $3,243. If you refinance to a 15-year loan at 6.25%, your payment would rise to approximately $4,288. However, the long-term savings are substantial — you’d pay nearly $340,000 less in interest over the life of the loan. That’s a significant chunk of change that could be better spent elsewhere.

        Recommended: 15-Year vs 30-Year Mortgage: Which Should You Choose?

        Adjustable-Rate Mortgage Refi

        Adjustable-rate mortgages (ARMs) often start with a lower interest rate than fixed-rate loans, making them a popular choice for homeowners who plan to sell or refinance before the introductory rate ends. If you think you might move or refinance in the next five to 10 years, an ARM could be a cost-effective way to keep your payments low.

        Keep in mind, though, that your interest rate could go up after the initial fixed period, which might mean higher monthly payments down the road. It’s important to think about your future plans and make sure you’re comfortable with the possibility of your rate and payment changing.

        How to Get the Best Available Mortgage Refi Interest Rate

        Securing a competitive mortgage refinance rate in Wisconsin is crucial for maximizing your savings. Here are some steps to help you achieve the best rate:

        •   Build your credit score: Timely bill payments and avoiding new debt can build your score.

        •   Lower your DTI: Keep your debt-to-income ratio under 36% to enhance your eligibility for a more favorable rate.

        •   Compare lenders: Don’t settle for the first offer. Shop around and compare rates and fees from different lenders.

        •   Consider mortgage points: Paying for discount points can lower your mortgage refinance rate up to 0.25% per point.

        •   Consider a shorter term: A 10- or 15-year mortgage could mean a lower interest rate, even if it results in higher monthly payments.

        Online Refinance Calculators

        Online refinance calculators are a great way to get an estimate of what your new monthly payment could be and to compare different refinance options. They can help you understand the impact of different mortgage refinance rate scenarios on your long-term financial goals.

        By using these calculators, you can get a better sense of what might happen if you choose one refinance option over another, and make a more informed decision about what’s best for you.

        Run the numbers on your home loan.

        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

        When you’re considering refinancing your mortgage in Wisconsin, it’s important to carefully evaluate the potential benefits against the costs. Refinancing can offer a number of advantages, such as securing a lower interest rate, accessing home equity, and adjusting loan terms. However, it’s essential to weigh these advantages against the expenses you’ll incur, such as closing fees and potential additional interest payments over the life of the loan.

        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.

        View your rate

        FAQ

        When should I consider refinancing?

        You should consider refinancing your mortgage when interest rates drop, you build your credit score, or you want to switch loan terms. It’s also beneficial if you need to tap into home equity, reduce monthly payments, or eliminate private mortgage insurance (PMI) for long-term savings.

        Can I lower my interest rate without refinancing?

        Yes, you can lower your interest rate without refinancing by negotiating with your lender, making extra payments to reduce principal faster, or enrolling in automatic payments for a discount. Some lenders also offer loan modification programs that may lower your rate based on financial hardship or improved creditworthiness.

        Can I get equity out of my house without refinancing?

        Yes, you can access your home’s equity without refinancing through options like a home equity loan or home equity line of credit (HELOC). These allow you to borrow against your home’s value while keeping your existing mortgage terms intact.

        How much are closing costs on a refinance?

        On average, closing costs are 2% to 5% of your loan amount. On a $300,000 mortgage, that could be from $6,000 to $15,000. The amount will vary depending on your mortgage refinance rate and lender fees. Be sure to consider these costs when you’re thinking about refinancing.

        Does refinancing affect your credit score?

        Yes, refinancing can impact your credit score. A lender’s hard inquiry may cause a temporary dip, and closing an old loan can affect your credit history length. However, timely payments on the new loan can help rebuild your score over time, making the impact generally short-term.


        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.


        ‡Up to $9,500 cash back: HomeStory Rewards is offered by HomeStory Real Estate Services, a licensed real estate broker. HomeStory Real Estate Services is not affiliated with SoFi Bank, N.A. (SoFi). SoFi is not responsible for the program provided by HomeStory Real Estate Services. Obtaining a mortgage from SoFi is optional and not required to participate in the program offered by HomeStory Real Estate Services. The borrower may arrange for financing with any lender. Rebate amount based on home sale price, see table for details.

        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-Q125-204


        More refinance resources.

        Apply online or call for a complimentary mortgage consultation.

        Read more

        Current Mortgage Refinance Rates in Vermont Today

        VERMONT MORTGAGE REFINANCE RATES TODAY

        Current mortgage refinance rates in

        Vermont.




        View your rate

        Apply online or call for a complimentary mortgage consultation.

        Compare mortgage refinance rates in Vermont.

        Key Points

        •   Mortgage refinance rates in Vermont fluctuate based on economic conditions, Federal Reserve policies, and market demand, influencing homeowners’ refinancing decisions.

        •   Refinance rates vary depending on loan types, such as conventional, FHA, VA, or jumbo loans, with government-backed loans often offering lower interest rates.

        •   Borrowers with higher credit scores typically secure better refinance rates, while lower scores may lead to higher interest rates or stricter loan terms.

        •   A higher loan-to-value (LTV) ratio can affect rates; homeowners with more equity may qualify for lower refinance rates and better terms.

        •   Before you decide to refinance, make sure the potential savings will outweigh the costs. Generally, you can expect to pay between 2% and 5% of your loan amount in fees and closing costs.

        Intro to Mortgage Refi Interest Rates

        Vermont mortgage refinancing is like hitting the reset button on your home loan, but this time you have the chance to snag a better deal. The type of mortgage refinance you choose depends on your financial goals, whether it’s to lower your monthly payment or tap into your home’s equity.

        Keep reading to learn how Vermont refinance rates are set and how to lock in the best one for you. Whether you’re looking to save money, consolidate debt, or change your loan term, knowing what affects mortgage refinance rates is essential for making a smart move.

        💡 Quick Tip: Wondering how to refinance a mortgage? The process, which takes about 30 to 45 days, is similar to when you got your original home loan.

        Where Do Mortgage Refinance Interest Rates Come From?

        Current mortgage rates are the result of economic conditions and your personal financial standing. Economic factors, such as Federal Reserve policy, inflation, the bond market, and housing inventory, all play a part. Typically, high inflation and federal funds rate increases lead to higher mortgage refinance rates, while low inflation and bond prices can lower them. By keeping an eye on these factors, you can better anticipate rate movements and choose the optimal time to refinance.

        Your personal finances also come into play when it comes to mortgage refinance rates. Those with high credit scores and low debt-to-income ratios are typically able to secure the best rates and terms on lending products.


        Get matched with a local
        real estate agent and earn up to
        $9,500 cash back when you close.

        Connect with an agent



        How Interest Rates Affect Home Affordability

        Interest rates play a big role in the affordability of your home loan. Your monthly payment is determined by the loan amount, the repayment term, and the interest rate.

        For example, a $200,000 loan with a 6.00% interest rate and a 30-year term results in a monthly payment of $1,199. The same loan with an 8.00% interest rate results in a monthly payment of $1,467. Over the life of the loan, a lower mortgage refinance rate can save you tens of thousands of dollars. Even a small difference in rates can add up to significant savings.

        Here’s a closer look at how different interest rates and loan terms affect monthly payments and total interest paid on a $200,000 loan:

        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

        Trends in Vermont Mortgage Interest Rates

        Over the last few years, Vermont has seen some big swings in mortgage interest rates, especially for 30-year fixed-rate mortgages. While early forecasts for 2025 suggest that mortgage refinance rates will remain higher, many Vermont homeowners have built up significant equity in their homes. If you’re a homeowner in Vermont, you might be in a good position to refinance your mortgage and tap into your home’s equity to get cash or lower your monthly mortgage payment.

        Historical U.S. Mortgage Interest Rates

        Historical mortgage refinance rates in the United States have seen significant changes over the years. In the early 2000s, rates were around 7.00%. By 2021, they had dropped to a low 2.96%, but by 2023, they had risen back up to 7.03%. These fluctuations highlight the importance of timing when it comes to refinancing. By being aware of these trends, you can make a well-informed decision about when to refinance, potentially saving a significant amount of money and optimizing your mortgage terms.

        Historical Interest Rates in Vermont

        Historically, mortgage refinance rates in Vermont have generally followed national trends. During periods characterized by low national rates, Vermont rates have also been low, and vice versa. Homeowners residing in Vermont are advised to closely monitor these trends in order to ascertain the optimal time to refinance. For instance, in the event that national rates are anticipated to rise, it could be prudent to undertake refinancing sooner rather than later, thereby potentially securing a more favorable interest rate.

        Here’s a look at how Vermont mortgage rates compare to U.S. rates from years 2000 to 2018:

        Year Vermont Rate National Rate
        2000 8.03 8.14
        2001 7.07 7.03
        2002 6.54 6.62
        2003 5.66 5.83
        2004 5.66 5.95
        2005 5.84 6.00
        2006 6.44 6.60
        2007 6.38 6.44
        2008 6.15 6.09
        2009 5.13 5.06
        2010 4.67 4.84
        2011 4.57 4.66
        2012 3.63 3.74
        2013 3.65 3.92
        2014 3.97 4.24
        2015 3.72 3.91
        2016 3.65 3.72
        2017 4.14 4.03
        2018 4.69 4.57

        Source: Federal House Finance Agency

        Why Refinance in Vermont?

        Refinancing your mortgage can be a strategic financial move for several reasons. If current mortgage refinance rates in Vermont are lower than your existing rate, refinancing can reduce your monthly payment and save you money over the life of the loan.

        You should have at least 20% equity in your home to qualify for the best rates, especially if you plan to cash out some equity. Refinancing can also help you switch from an adjustable-rate to a fixed-rate loan, providing more financial stability.

        💡 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.

        Common Reasons to Refinance a Mortgage

        Homeowners refinance mortgages for various reasons:

        •   Lower interest rates can mean smaller monthly payments and more savings.

        •   Adjusting repayment terms can either ease your monthly load or speed up your payoff.

        •   Cash out home equity, which can cover significant expenses like education or home improvements.

        •   Opting for a fixed rate gives you peace of mind and shields you from potential future rate hikes.

        •   Eliminate the need for mortgage insurance for those with FHA loans.

        •   Consolidate high-interest debt with a cash-out refinance.

        How to Compare Mortgage Refi Interest Rates

        To secure a competitive mortgage refinance rate:

        •   Shop around for the best deal.

        •   Get prequalified to know your borrowing power.

        •   Evaluate annual percentage rates (APRs), including interest, fees, and discount points.

        •   Make sure the total cost fits your budget.

        •   Stay informed about market trends for the best timing.

        •   Use an online refinance calculator to estimate your savings and monthly payments.

        Compare Vermont Interest Rates by Mortgage Refi Type

        In Vermont, you have a variety of mortgage refinance options to consider. You can:

        •   Adjust interest rate or loan term (conventional refi)

        •   Access home equity for expenses (cash-out refi)

        •   Lower rates for borrowers with less than 20% equity (FHA refi)

        •   Get the lowest rates for eligible veterans (VA refi)

        •   Shorten your loan term (15-year refi)

        •   Switch from fixed to variable rate (adjustable-rate refi)


        Conventional Refi

        A conventional refinance, also known as a rate-and-term refinance, changes your current mortgage’s interest rate or loan term. Conventional refinance rates are typically higher than refinance rates for government-backed loans, such as FHA or VA loans. However, they offer more flexibility and are a good option for borrowers with excellent credit and more equity in their home. You might consider a conventional refinance if you’re looking to lower your interest rate, change your loan term, or remove a co-borrower from the loan.

        Cash-Out Refi

        A cash-out refinance allows homeowners to tap into their home equity by refinancing their mortgage for a higher amount than they owe and receiving the difference in cash. This can be beneficial for consolidating high-interest debt, funding home improvements, or covering major expenses. Additionally, since mortgage rates are typically lower than credit card or personal loan rates, a cash-out refinance can provide cost-effective borrowing. However, it increases the loan balance, so careful financial planning is essential.

        FHA Refi

        FHA refinances, backed by the Federal Housing Administration, often offer more attractive mortgage refinance rates than conventional loans. These are tailored for homeowners with an existing FHA loan, with options such as FHA Simple Refinances and FHA Streamline Refinances. However, if you don’t have an FHA loan, you can still benefit from FHA cash-out refinances or FHA 203(k) refinances, which are specifically designed for home renovation and rehabilitation projects.

        VA Refi

        VA refinances, which are backed by the U.S. Department of Veterans Affairs, consistently offer some of the most competitive mortgage refinance rates available in today’s market. To be eligible for a VA refinance, also known as an Interest Rate Reduction Refinance Loan (IRRRL), you must have an existing VA loan. This type of refinance can help you lower your monthly payments and potentially eliminate private mortgage insurance, making it a great option for eligible veterans.

        15-Year Mortgage Refi

        A 15-year mortgage refinance offers several benefits, including lower interest rates compared to 30-year loans, which can save borrowers thousands in interest over time. It also allows homeowners to build equity faster by paying off the loan in half the time. While monthly payments are higher, the overall cost of the loan is significantly reduced. This option is ideal for those who can afford the increased payments and want to become mortgage-free sooner.

        Recommended: 15-Year vs 30-Year Mortgage: which Should You Choose?

        Adjustable-Rate Mortgage Refi

        An adjustable-rate mortgage (ARM) refinance replaces your existing mortgage with a new loan that has an interest rate that adjusts periodically based on market conditions. Typically, an ARM refinance starts with a lower fixed rate for an initial period (e.g., five, seven, or 10 years) before transitioning to variable rates. This option can be beneficial for borrowers seeking lower initial payments or planning to sell or refinance again before the adjustable period begins.

        How to Get the Best Available Mortgage Refi Interest Rate

        To secure a competitive mortgage refinance rate in Vermont, you should:

        •   Pay your bills on time and steer clear of new debt to build your crdit score.

        •   Aim for a debt-to-income ratio of 36% or lower.

        •   Compare loan estimates from multiple lenders to get the best rate.

        •   Think about discount points to reduce your interest rate.

        •   Choose a shorter mortgage term for a lower rate, even if it means higher monthly payments.

        Online Refinance Calculators

        Online mortgage refinance calculators help you estimate potential savings, new monthly payments, and overall loan costs based on factors like interest rates, loan terms, and closing costs. They allow you to compare different scenarios, determine break-even points, and assess whether refinancing aligns with your financial goals before committing to a lender.

        Run the numbers on your home loan.

        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

        Refinancing your mortgage can be a smart financial move, but it’s not something to jump into without careful consideration. By learning about the different types of Vermont refinancing options, including cash-out, FHA, VA, and adjustable-rate refinances, and by taking the time to research and compare mortgage refinance rates in Vermont, you can make an informed decision that will help you achieve 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.

        View your rate

        FAQ

        Are refinance rates on the decline?

        The more important question is whether the potential savings from refinancing your mortgage outweigh the associated fees and closing costs, irrespective of any potential decrease in mortgage refinance rates. A thorough analysis of your financial situation, including a detailed comparison of the current and prospective interest rates, loan terms, and any applicable fees, is crucial in making an informed decision.

        Can you refinance when rates go down?

        Yes, but before you jump into refinancing, it’s important to weigh the potential savings against the costs involved. Take your time to research and compare different refinance offers from trustworthy lenders to find the best terms and rates. And if you need a helping hand, consider reaching out to a financial advisor or mortgage expert.

        When might it be a good idea to refinance?

        Refinancing may be a good idea when you can secure a lower interest rate, reduce your monthly payments, shorten your loan term, or switch from an adjustable-rate to a fixed-rate mortgage. It can also be beneficial for accessing home equity or consolidating high-interest debt into a lower-rate loan.

        Can I ask my lender to lower my rate?

        Yes, you have every right to approach your lender and inquire about potentially securing a lower mortgage refinance rate. If you have consistently demonstrated responsible financial behavior by making timely payments and have a credit score that reflects your reliability, your lender may be receptive to adjusting your rate as an incentive to retain your business.

        How much are closing costs on a refinance?

        Closing costs can be a bit of a moving target, but they generally fall somewhere between 2% and 5% of your loan amount. So for a $300,000 refinance, you might be looking at anywhere from $6,000 to $15,000 in closing costs, depending on the rates and fees your lender offers.


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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.


        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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        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.

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