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PRIVATE STUDENT LOANS
Your student loan rate may be lower than you think.
From undergrad to postgrad, SoFi at Work has your back with flexible repayment terms, competitive rates, and 100% of school-certified costs covered. Plus, you could qualify for a $250 principal paydown1 when you apply today—just make sure you apply through this page to get this benefit.
View your rate
Checking your rate will not affect your credit score.
PRIVATE STUDENT LOANS
Your student loan rate may be lower than you think.
From undergrad to postgrad, SoFi at Work has your back with flexible repayment terms, competitive rates, and 100% of school-certified costs covered. Plus, you could qualify for a $250 principal paydown1 when you apply today—just make sure you apply through this page to get this benefit.
View your rate
Checking your rate will not affect your credit score.†
Why choose a SoFi private student loan?
Easy online application process.
Prequalify for a SoFi Private Student Loan in minutes. And if you add a cosigner, you might improve your chances of getting approved for a low interest student loan.
No origination or late fees.
What you see is what you pay back with a private education loan from SoFi.
Rewards points to help pay down your student loan.
Easily earn rewards points2 by checking your credit score and more. Then, redeem them toward your student loan.
Good grades bonus.
With a SoFi Private Student Loan, you could earn rewards for good grades after each term—up to a $250 cash bonus to your SoFi Checking and Savings account for a 3.0 or higher GPA.3
Repay your way.
Select private education loan interest rates and monthly payments to fit your budget.
Rate discounts.
Returning in-school borrowers are eligible for additional 0.125% rate discounts.4
SoFi has private student loans for your education.
We offer loans for college students at all stages of their academic career. Whether you’re just starting as an undergrad or going for a medical degree, we have you covered.
With private student loan interest rates, it’s good to have options. That’s why SoFi offers low fixed or variable interest rates. Here’s more about our private student loans:
Get covered for up to 100% of school-certified costs including living expenses, books, food, and more.
Our student loans apply to bachelor’s degrees or higher. And we cover graduate certificate programs, too.
We have loans for students entering fall, spring, and summer terms.
View your rate
How do SoFi Private Student Loans work?
Enter info.
Apply for your student loan online by providing basic info and inviting a cosigner to the application (we recommend it!)
Check out rates and terms.
View your rate options and estimated monthly payment, then select your loan terms.
Fund your private student loan.
Sign your loan, wait for your school’s approval, and then it’s time to hit the books! Getting online student loans couldn’t be easier.
View your rate
Bottom line: Help starts with a phone call at 855-456-SOFI (7634) Mon.–Thu. 5am–7pm PT, and Fri.–Sun. 5am–5pm PT. An agent with safe and secure screen-share capabilities can answer questions and walk you through the process.
Ready to be the employer they flock to—and stay with?
SoFi at Work can help you offer student loan and education assistance benefits that can make a life-changing impact on your workforce—and your organization, too.
Book a demo
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FAQs
What is SoFi at Work, and how can it benefit my employees?
SoFi at Work is a financial wellness platform that helps employers provide benefits focused on the entire financial journey–from student debt to retirement. Our solutions help employees reduce financial stress, improve their financial health, and achieve long-term financial goals.
How does SoFi at Work support employee financial well-being beyond student loans?
In addition to student loan benefits, SoFi at Work offers access to tuition reimbursement, emergency savings programs, 529 college savings tools, mortgage and personal loan benefits, budgeting and investing, a complimentary 30-minute call with a financial planner for each employee, and a suite of personal finance tools—all designed to help employees build financial security.
How do companies typically partner with SoFi at Work?
Companies can partner with SoFi at Work through three flexible packages based on their needs and budget:
(1) Perks & Education – Provides employees access to exclusive SoFi product discounts and financial education resources, including guides, content, and webinars.
(2) Financial Wellness Platform – Includes access to the SoFi at Work Dashboard, which offers product perks, personalized financial tools, educational content, and real-time employee financial insights.
(3) Contributions – Enables employers to provide direct financial benefits, including student loan contributions, tuition reimbursement, and student loan 401(k) match programs.
Who does SoFi at Work partner with? •Employers looking to enhance financial well-being benefits •Associations offering financial perks to their members and wanting to earn non-dues revenue •Financial planners helping clients manage student debt and long-term financial planning •Benefit brokers integrating financial benefits into their offerings •Perk platforms seeking to add SoFi benefits to their ecosystem •Recordkeepers looking for a preferred partner to help deliver student debt and other financial benefits to their clients.
If you’re looking to establish a strategic partnership with SoFi, please reach out to [email protected].
How many companies does SoFi partner with and what is your client retention rate?
We partner with more than 1,200 companies, associations, brokers, and recordkeepers, including several of the Fortune 50 companies and leading 401(k) record keepers. We have had more than 500k transactions on student loan payments, making us the predominant vendor of choice for Student Loan Contribution programs.
SoFi’s commitment to innovation and exceptional service is reflected in our 98% client retention rate, ensuring continuous engagement and program evolution. Our holistic approach sets us apart, delivering unparalleled value to employers and employees alike.
Does SoFi at Work support strategic partnerships?
No, SoFi at Work does not currently support strategic partnerships. However, if you’re interested in exploring partnership opportunities with SoFi, please contact [email protected].
Has SoFi been recognized for its work in the industry?
SoFi has received prestigious awards, including being recognized by Forbes as one of America’s Best Employers and receiving the CNBC Disruptor 50 award. NerdWallet has also honored SoFi with awards for our loan products and overall service excellence. These accolades highlight our positive impact on both our employees and our clients, underscoring our commitment to excellence.
SoFi at Work has been specifically recognized for its innovative employee benefits programs, receiving accolades such as the Excellence in Benefits Award from BenefitsPRO. These awards emphasize our dedication to offering comprehensive financial wellness solutions to organizations and their employees.
Does SoFi at Work have preferred partnerships with recordkeepers and benefit brokers?
Yes, SoFi at Work has preferred partnerships with leading 401(k) recordkeepers and benefit brokers, allowing us to offer preferred pricing and additional benefits to employers. These partnerships help simplify administration, reduce costs, and provide seamless integration with existing benefits platforms.
How does the student loan contribution program work, and what are the tax advantages?
Employers can make direct payments toward employees’ student loans, reducing their debt burden faster. Thanks to the CARES Act (extended through 2025), these contributions are tax-free up to $5,250 per employee per year.
What is student loan verification, and how does it help employees save for retirement?
Under the SECURE Act 2.0, employers can match an employee’s student loan payments as if they were 401(k) contributions—helping employees who are focused on repaying debt still build retirement savings. SoFi at Work makes this process seamless by using our proprietary technology to verify employees’ student loan payments to help you calculate their retirement match.
What is qualified student loan retirement matching and do you offer it?
Qualified Student Loan Retirement Matching (QSLRM) is a provision under the SECURE 2.0 Act, which allows employers to match employees’ student loan payments with contributions to their retirement plans, such as a 401(k). We call this option “Student Loan Verification.”
What is the difference between student loan contributions and student loan verification?
•Student Loan Contributions: This is when an employer makes direct payments toward an employee’s student loan balance as a benefit. These payments can be tax-free up to $5,250 per year. •Student Loan Verification: This is the process of confirming an employee’s student loan details, such as outstanding balance, servicer, and payment history. Verification is required for programs like student loan 401(k) match and can also help ensure accurate employer contributions.
Does SoFi at Work offer tuition reimbursement solutions?
Yes, we streamline tuition reimbursement programs by automating approvals, payments, and compliance tracking. We help employers reduce administrative burdens while ensuring employees maximize their education benefits. We can also support employer advancements to employees who need the money upfront to pay for educational expenses.
How does SoFi at Work help employees with emergency savings?
SoFi at Work helps employees build emergency savings by providing access to high-yield savings accounts with no account minimums and competitive interest rates. Employees can automate contributions, set savings goals, and earn bonuses for hitting savings milestones—helping them establish a financial safety net and be better prepared for unexpected expenses.
How easy is it to set up and administer SoFi at Work’s benefits?
We provide a fully managed solution with simple integration into payroll and benefits platforms, and support secure file transfer protocol (SFTP) and single sign on (SSO). Our team handles implementation, communications, and ongoing support to ensure a smooth experience for HR teams and employees.
How quickly can I get up and running? What is your implementation process?
We can get you set up with benefits to offer your employees or members in as little as two weeks with no integration needed. If you want deeper dashboard integrations like student loan contributions or tuition reimbursement, we can have you set up within 4-8 weeks.
What kind of reporting do you offer?
SoFi at Work provides real-time reporting through our admin portal, allowing employers to track engagement, program utilization, and financial wellness insights. Employers also benefit from automated reporting and detailed utilization reports provided by our account management team.
What level of support does SoFi provide for employers and employees?
Employers can receive a dedicated account manager to help drive program success with ongoing utilization reporting, communication support, and any other ad hoc requests.
We also have a dedicated call center with 300+ customer service representatives, with white-glove support for HR benefits leaders so your employees are fully supported. 98% of inquiries are answered in 30 seconds or less by this dedicated call center that services our 1,200+ partners.
What kinds of communication materials do you provide to the employer?
We offer a full range of communication tools designed to assist employers in effectively promoting and administering their student loan debt benefits program. These tools include:
•Email Templates: Customizable templates for different phases of the program, such as initial announcements, sign-up reminders, and regular updates. •Intranet Content: Ready-to-use content for company intranet pages to keep staff updated on the benefits available and how to utilize them. •Flyers and Posters: Eye-catching flyers and posters suitable for placement in communal areas to boost awareness and encourage employee participation. •Print and Mail Marketing Materials: Custom-designed posters and postcards for direct mailing enhance reach and engagement with employees who do not frequently access digital platforms. •Internal Messaging: Ready-made messages for platforms like Slack or Microsoft Teams to spread crucial information and reminders efficiently. •Webinars and Presentations: Informative webinars and presentations about the program details, process, and advantages, are available as live and recorded sessions. •User Guides and FAQs: Our detailed guides and frequently asked questions are designed to provide practical support to employees. •Continuous Educational Materials: As part of our ongoing commitment to employee empowerment, we offer a Financial Empowerment Series. Throughout the year, we supply educational materials covering various financial topics, such as managing student loans, basics of home buying, and more, to keep employees informed and empowered.
What kind of security do you have in place?
SoFi at Work is committed to bank-level security to protect employer and employee data. We are SOC 2 Type II certified, meaning we meet the highest industry standards for data security, confidentiality, and privacy. Our platform uses encryption, multi-factor authentication, and continuous monitoring to ensure your information is secure.
We’ve teamed up with Experian® to help you protect your vehicle with the right auto insurance coverage at the right price.
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How does Experian® work? Experian® uses the account credentials to your current insurance account (or a PDF of your policy declarations page) to learn about your current coverage details, so you don’t have to input them manually. Experian® uses those details to get you apples-to-apples comparisons for the same coverage from other insurance providers to find a great rate. If you don’t want to use this feature, you can manually enter your information and select coverage type to get a quote.
How does Experian® make money? Just like all agents, Experian® is paid a commission by the insurance company. There is no upcharge to you, Experian’s tool is free for you to use. These commissions are from the insurance companies’ marketing budgets given Experian® brought them new customers, not from your premiums. Your rates are the rates provided and don’t change. Experian® shows you quotes based on your savings. Experian® does not sell or share your data and doesn’t cold call or spam its customers.
Nashville is known as the Country Music Capital of the World. It’s also a great place to live. In fact, U.S. News has named Nashville the 3rd best place to live in Tennessee.
The access to amazing music is part of the Nashville appeal, but so are the unique museums and architecture. Foodies have as many vegan options as they do choices of barbecue joints.
Not to mention, it’s considered to be an affordable city compared with other major U.S. metro areas, with an overall cost of living that is 4.4 points below the U.S. average. As a bonus, Tennessee is one of the few states that don’t tax wages.
Nashville itself has just under 700,000 residents, according to the U.S. Census, but it is one of the fastest-growing U.S. cities. And the larger metropolitan area, currently 1.3 million people, is expected to top 1.4 million by 2030.
If you’re starting to see the appeal and thinking about buying in Music City, keep reading for details about the Nashville real estate market.
Comparing housing market trends by city can be interesting. Redfin considers the Nashville market to only be “somewhat competitive,” with homes getting an average of two offers. The median sale price in February 2025 went up 3.4% since last year. On average, homes sell for slightly below their list price.
$470,000
Median Sale Price
$267
Median Price Per Square Foot
84 days
Median Time on Market
Nashville Housing Market Forecast
Nashville saw home values rise since last year, and the city has one of the country’s healthier housing markets.
Real estate experts expect the Nashville market to remain vibrant for the foreseeable future, largely because inventory is still low and demand is still high. Price growth is expected to be moderate.
Nashville’s famous Grand Ole Opry may have just celebrated its 100th birthday, but the population of the city as a whole is relatively young. Residents can enjoy world-class dining, art, and sporting events. There are adventures to be had in this cool city. Here are some key demographics in Nashville.
Median Household Income: $80,217
Median Age: 34.7
College Educated: 50.9%
Homeowners: 53%
Married: 46%
Popular Nashville Neighborhoods
There are over a dozen unique and charming neighborhoods to explore in Nashville. While this may sound like a good thing, it can make home shopping tricky.
Before you get your heart set on a certain Nashville locale, check out these details worth considering for five of the most popular neighborhoods.
12 South
12 South may be one of Nashville’s smallest neighborhoods, but size doesn’t matter when it comes to this in-demand destination just south of Downtown.
A stroll down bustling 12th Avenue, 12 South’s main drag, makes it clear why this area has become a go-to spot for the young millennial crowd. Home to an eclectic dining scene, trendy boutiques, craft cocktails, and Dolly Parton’s rehearsal studio, 12 South has everything you could need within walking distance of home, including the 20-acre Sevier Park.
Quick Facts
Population:
2,789
Median Age:
27
Housing Units:
1,191
Bike Score:
64/100
Walk Score:
87/100
Transit Score:
57/100
Median Household Income:
$97,901
12 South Housing Market
The 12 South housing market certainly shows no signs of going south. While the average home sale price dropped 3.7% year over year as of February 2025, homes here sell for an average of $1 million. It’s a good idea to get preapproved for a mortgage loan before you go shopping here.
Multiple offers are not unusual in this somewhat competitive neighborhood, and hot homes can take 45 days to sell (a typical home here goes to pending in 89 days).
Median Sale Price
$1,000,000
Median Price Per Sq. Foot
$456
Hope Gardens
Hope Gardens is full of young professionals who are building their lives and buying homes. Grade-A nightlife and dining options add to the appeal of Hope Gardens, as does its diverse and urban feel.
Quick Facts
Population:
20,204
Median Age:
30
Housing Units:
10,793
Bike Score:
64/100
Walk Score:
87/100
Transit Score:
57/100
Median Household Income:
$62,682
Hope Garden Housing Market
If you’re looking to buy a home in Hope Gardens, there is plenty of hope to be found. Home sale prices have dropped in the last year and go for 1.6% under list price. However, inventory is limited.
Median Sale Price
$525,000
Median Price Per Sq. Foot
$374
Germantown
Germantown has European roots and received its name from the European immigrants that settled the area in the mid-19th century.
This historical community is just a few blocks from Downtown and hosts the Tennessee State Museum and Bicentennial Capitol Mall State Park, making weekends with the family a blast.
Quick Facts
Population:
20,204
Median Age:
30
Housing Units:
10,793
Bike Score:
31/100
Walk Score:
16/100
Transit Score:
N/A
Median Household Income:
$62,682
Germantown Housing Market
Prices are on the rise in Germantown. In February 2025, home values had risen by 4.5% compared to the previous year.
Even though Germantown is considered somewhat competitive, average homes sell for 2% below list price and stay on the market for 44 days. However, some homes receive multiple offers, and hot ones sell in around 7 days.
Median Sale Price
$495,000
Median Price Per Sq. Foot
$170
East End
East End is one of the largest neighborhoods in Nashville, so you should have plenty of great home options to choose from in this area.
East End is rather self-contained, which means you can find everything you need right in your own neighborhood, including fine dining and amazing public parks.
Quick Facts
Population:
29,638
Median Age:
33
Housing Units:
14,323
Bike Score:
52/100
Walk Score:
88/100
Transit Score:
38/100
Median Household Income:
$88,605
East End Housing Market
While the housing market in the East End cooled down a bit, this neighborhood is still in buyers’ sights as a somewhat competitive market. Prices were down 10.5% in February 2025 compared to last year, and the cost per square foot dropped by 24% on average.
Average homes in this area sell for roughly 2% above list price and sell in around 34 days.
Median Sale Price
$678,000
Median Price Per Sq. Foot
$356
Downtown
You want it, Downtown Nashville has it — from museums and sports to shopping and restaurants galore. There is no shortage of fun to be found Downtown.
It is also the home of Nashville Yards, a 17-acre development in the heart of Downtown, featuring dining and retail, entertainment, a high-end hotel, residential, office space — and Amazon Nashville’s headquarters.
This dynamic, urban neighborhood has a lot of great apartment options, but you can also consider buying property that will keep you close to work, public transit, and all the entertainment you can hope for.
Quick Facts
Population:
2,289
Median Age:
32
Housing Units:
1,996
Bike Score:
72/100
Walk Score:
98/100
Transit Score:
74/100
Median Household Income:
$88,438
Downtown Housing Market
While the Downtown social scene and career options may be hot, the area is only a somewhat competitive housing market in Nashville.
Typically homes in this neighborhood sell for around 3% below their list price, some receive multiple offers, and highly sought-after homes sell in about 35 days.
Median Sale Price
$470,000
Median Price Per Square Ft.
$267
SoFi Home Loans
It’s easy to see why Nashville has become such a popular market. The appeal extends well beyond country music to art, food, commerce, sports, and outdoor adventures.
If you think Nashville 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.
What are the Nashville housing market predictions?
Tennessee is one of the more popular states for people to move to, and that is reflected in the Nashville housing market. The market is already somewhat competitive, and if interest rates fall it may become more so, although it is unlikely to become the hot seller’s market it was in the pandemic years.
What is the next up-and-coming Nashville neighborhood?
The Wedgewood-Houston neighborhood, already a popular spot, is getting a new mixed-use development that will include a music venue, retail, and restaurants. The housing market here is not currently very competitive and the median sale price is $565,000 as of February 2025.
Where are the people who are moving to Nashville coming from?
California, Florida, and Georgia are the states losing the most residents to Tennessee, and many of those people are moving to Nashville.
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.
The City of Dreams has seen a steady influx of new residents over the years, thanks to its eternally bustling film industry. The idea that Los Angeles offers glamour and excitement will probably never fade, though there are many reasons to appreciate LA aside from the silver screen.
You’re just hours (if not minutes) away from beaches, mountains, and theme parks. The city’s foodie and arts scenes have evolved to be major players, and the fact that there are excellent sports teams to cheer on is another plus. And who could forget the sun? On average, the city receives 263 sunny days a year — which could be part of why as of February 2025 the median sale price in Los Angeles was over $1 million. Yes, that’s a high figure, and the cost of living in Los Angeles is significantly above average (about 50% higher), as you might expect from a major urban hub in an expensive state.
If you need help navigating this real estate market, read on to take a look at the city as a whole as well as five popular neighborhoods where you may be able to snag a bargain.
Get matched with a local
real estate agent and earn up to
$9,500‡ cash back when you close.
Pair up with a local real estate agent through HomeStory and unlock up to $9,500 cash back at closing.‡ Average cash back received is $1,700.
The City of Angels can have a robust housing market, for sure. The combination of career opportunity, sunshine, and everything else the area has to offer is a huge draw. But that shouldn’t discourage you if you are looking to buy there: The market is currently considered somewhat competitive, with homes on the market typically selling for around list price in around 54 days.
$1,060,000
Median Sale Price
$662
Median Price Per Square Foot
67 days
Median Time on Market
Los Angeles Housing Market Forecast
If you’re looking to make an offer on a home in Los Angeles, you may have to move quickly, as popular homes sell in only 22 days. Also, be prepared for rising prices. Data from February 2025 reveals that overall prices have climbed 9% year over year. However, current economic volatility can make it hard to forecast whether prices will continue to creep up.
From Beverly Hills to Malibu, you’ll find plenty of amazing areas and opportunities in greater LA. The beautiful weather combined with the allure of Hollywood can make this one of the most exciting places to live in the country.
Almost 4 million people call Los Angeles city home, according to the latest census data. Here, take a closer look at who they are.
There are countless neighborhoods to choose from in Los Angeles, so you’re likely to find the right fit for you.
More than half a dozen regions make up Los Angeles, and each region contains many smaller neighborhoods worth exploring. Keep reading for breakdowns of some of the most popular neighborhoods in LA.
Westwood
This dynamic neighborhood has a lot going for it, and the home prices, which may necessitate a jumbo mortgage, reflect that. Westwood is home to UCLA and offers great restaurants, shops, and stores — many of which are within walking distance. Walkability is a major plus (it’s also been called a “jogger’s paradise”) for this area, as well as short commutes for many people who work in offices. There’s also the university’s Fowler and Hammer museums and its lush botanical garden to explore.
Quick Facts
Population:
49,226
Median Age:
22.9
Housing Units:
19,843
Bike Score:
55/100
Walk Score:
69/100
Transit Score:
66/100
Median Household Income:
$122,161
Westwood Housing Market
Westwood is a very desirable area of Los Angeles, and you’ll likely pay a premium to live there. Housing prices in Westwood are higher than Los Angeles, with a current median sale price of $1.84 million. Home values in this neighborhood rose 8.3% year over year as of February 2025.
On average, houses are currently on the market for 75 days vs. 57 days the year prior, and they sell for roughly 2% below list price.
Median Sale Price
$1,840,000
Median Price Per Square Foot
$819
Echo Park
If you lead an indie lifestyle and love a neighborhood with cute cafes, diverse restaurants, bars with live music, and non-cookie-cutter boutiques, welcome to Echo Park. You’ll feel right at home. This popular Los Angeles neighborhood has Echo Park Lake, for fun paddleboat outings, as well as charming vintage architecture, with Victorian homes adding to its allure. Bonus: You’re close to Dodger Stadium if you want to catch a game, and Chinatown is nearby, too.
Quick Facts
Population:
33,664
Median Age:
39
Housing Units:
14,709
Bike Score:
80/100
Walk Score:
98/100
Transit Score:
60/100
Median Household Income:
$111,168
Echo Park Housing Market
Home values in Echo Park rose almost 17% over the past year, and this area is considered somewhat competitive. Houses sell for roughly 1% above list price (hot properties tend to ring in at about 6% over asking) and stay on the market for an average of 41 days.
Median Sale Price
$1,262,500
Median Price Per Square Foot
$907
Silver Lake
Silver Lake is another hip area of Los Angeles that is known for its indie music scene, modern restaurants, and fun bars. Young professionals will love this neighborhood, but families will also appreciate it for its schools, walkability, and the popular walking trail at Silver Lake Reservoir.
Quick Facts
Population:
29,871
Median Age:
36.7
Housing Units:
13,202
Bike Score:
51/100
Walk Score:
81/100
Transit Score:
54/100
Median Household Income:
$135,123
Silver Lake Housing Market
The average sale price in Silver Lake was up 8.7% in a year as of February 2025 and is currently well above the Los Angeles average. Homes sell for about 4% above list price and stay on the market about 37 days. This is a very competitive market: Don’t be surprised if you find yourself in a bidding war, with some buyers willing to waive contingencies.
Median Sale Price
$1,522,500
Median Price Per Square Foot
$913
Venice
Why not relax and head to the beach? If you love the surf and sand, then Venice might be the neighborhood for you.
This area has maintained the arty, hippie vibe it’s known for while modernizing at the same time. You’re guaranteed to have a blast watching people at the boardwalk on weekends. There’s also Abbot Kinney Boulevard to explore, a mile-long stretch with sophisticated clothing stores, art galleries, and cafes, bars, and eateries, including vegan spots.
Quick Facts
Population:
27,543
Median Age:
39
Housing Units:
17,669
Bike Score:
88/100
Walk Score:
83/100
Transit Score:
52/100
Median Household Income:
$85,445
Venice Housing Market
Venice has been a popular neighborhood for decades in Los Angeles, and the housing market remains somewhat competitive, with high prices. You may want to investigate mortgage options and get preapproved if you are planning on living the dream.
Current home prices are up a significant 27% compared with last year as of February 2025. The average house sells for 3% below list price and stays on the market for 99 days, though hot properties can sell in half that time and for a bit over asking price.
Median Sale Price
$2,260,000
Median Price Per Square Foot
$1,130
Sherman Oaks
If you’re intrigued by glamorous, old-Hollywood architecture, Sherman Oaks might be a great neighborhood for you. You’ll cross paths with iconic roads like Mulholland Drive and Ventura Boulevard. Plus, the area has 1930s charm, perfect for putting down roots.
But Sherman Oaks has plenty to recommend it beyond its good looks. It’s close to some of the major studios for those who work in “the industry.” Families appreciate the well-regarded public and private school options, and plentiful dining and shopping options.
Quick Facts
Population:
67,698
Median Age:
38
Housing Units:
32,800
Bike Score:
52/100
Walk Score:
62/100
Transit Score:
44/100
Median Household Income:
$152,993
Sherman Oaks Housing Market
The Sherman Oaks housing market is considered somewhat competitive. As of February 2025, prices were down 1.6% vs. the previous year. Average homes sell for about 1% below list price and stay on the market 88 days as compared to 62 days for the preceding year.
It’s easy to see why Los Angeles remains attractive for homebuyers. There’s a wide array of neighborhoods to choose from, whether you’re young and single or have a family to look after.
If you think LA 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.
Should I buy a house now or wait to see if prices go down?
Whether to buy a house in Los Angeles now or wait to see if prices go down is a very personal decision. The real estate market and economy in general can see ups and down and be hard to predict. Weigh your personal circumstances and risk tolerance to make the right choice.
Are home prices in LA dropping?
While LA home prices fluctuate, overall prices have been creeping up. That said, economic factors could shift and see a dip in the asking price of properties. It’s wise to keep your eye on the market if you are considering making a move soon.
Why is housing in Los Angeles so high-priced?
There are several reasons for the high prices of Los Angeles real estate. One factor to consider is that the entire state of California is very high-priced, with one of the highest costs of living in the country. Also, Los Angeles was originally built as single-family houses on sizable tracts of land, meaning that while new housing is being built, there is still a limited supply of residential real estate. Factor in how many people move to LA in search of its quality of life and job market, and you see why it can be so pricey.
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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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‡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®.
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