Rainbow Lakes Estates, FL Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Rainbow Lakes Estates, FL is $268,750, down 1.6% year-over-year. Homes sell in an average of 42 days with 88 active listings. The market is currently a balanced market.
$268,750median sale price
Is Rainbow Lakes Estates a buyer's or seller's market?
Rainbow Lakes Estates, FL is currently a balanced market, based on 4.0 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
42
Average pace
Active listings
88
4.0 months supply
Sale-to-list
98.8%
Below asking
Rainbow Lakes Estates, FL market data
| Metric | Value |
|---|---|
| Median sale price | $268,750 |
| Median list price | $244,250 |
| Year-over-year price change | -1.6% |
| Average days on market | 42 days |
| Active inventory | 88 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 98.8% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Rainbow Lakes Estates housing market is currently classified as a balanced market with a median sale price of $268,750. Prices have fallen 1.6% compared to last year, with homes spending an average of 42 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Rainbow Lakes Estates
There are currently 88 homes listed for sale in Rainbow Lakes Estates, Florida. The median listing price is $244K.
Active listings
88
Homes on market
Median list price
$244K
Avg. days on market
42
Days until sale
New this week
26
Newly listed
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Frequently asked questions
What is the average home price in Rainbow Lakes Estates?
The median home sale price in Rainbow Lakes Estates is $268,750, down 1.6% from last year.
How long do homes stay on market in Rainbow Lakes Estates?
Homes typically spend 42 days on market before going under contract.
Is Rainbow Lakes Estates a buyer's or seller's market?
With 4.0 months of supply, Rainbow Lakes Estates is currently a balanced market.
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