Rainbow Lakes Estates, FL Housing Market & Real Estate

Balanced market-1.6% YoY

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?

Balanced market4.0 months of supply42 avg. days on 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

Current housing market statistics for Rainbow Lakes Estates, FL
MetricValue
Median sale price$268,750
Median list price$244,250
Year-over-year price change-1.6%
Average days on market42 days
Active inventory88 listings
Months of supply4.0 months
Sale-to-list price ratio98.8%
Market conditionBalanced 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

Price drops:27.3%of listings
Sale-to-list:98.8%

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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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