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Featured local agent — Rainbow Park, FL
Sarah Mitchell
Compass Real Estate · Rainbow Park, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rainbow Park, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$230,000median sale price
How is the Rainbow Park, FL housing market right now?
The median home sale price in Rainbow Park, FL is $230,000, down 2.1% year-over-year. Homes sell in an average of 73 days with 43 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Rainbow Park a buyer's or seller's market?
Rainbow Park, FL is currently a balanced market, based on 3.6 months of supply and homes selling in about 73 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
73
Average pace
Active listings
43
3.6 months supply
Sale-to-list
99.3%
Below asking
What does the Rainbow Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $230,000 |
| Median list price | $230,000 |
| Year-over-year price change | -2.1% |
| Average days on market | 73 days |
| Active inventory | 43 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $182/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 17 |
| Listings with a price cut | 27.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Rainbow Park by property type?
How the Rainbow Park, FL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $230,000 | $182/sq ft | 12 | 73 days |
Source: Redfin · Updated monthly
The Rainbow Park housing market is currently classified as a balanced market with a median sale price of $230,000. Prices have fallen 2.1% compared to last year, with homes spending an average of 73 days on market, indicating 3.6 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 Park
There are currently 43 homes listed for sale in Rainbow Park, Florida. The median listing price is $230K.
Active listings
43
Homes on market
Median list price
$230K
Avg. days on market
73
Days until sale
New this week
17
Newly listed
Who lives in Rainbow Park?
Population
2,070
Median income
$52,685/yr
Median age
35.7 years
Owner-occupied
95.6%
College grads
13.9%
Avg commute
25.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Rainbow Park?
Rainbow Park is a community of approximately 2K residents with a median age of 35.7 years.The median household income is $52,685, which represents a working-class community with solid middle-income opportunities. 13.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 95.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Rainbow Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Rainbow Park, FL?
Want a head-to-head view? Compare Rainbow Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Rainbow Park?
The median home sale price in Rainbow Park is $230,000, down 2.1% from last year.
How long do homes stay on market in Rainbow Park?
Homes typically spend 73 days on market before going under contract.
What is the median income in Rainbow Park?
The median household income is $52,685 per year.
Is Rainbow Park a buyer's or seller's market?
With 3.6 months of supply, Rainbow Park is currently a balanced market.
How much does a single-family home cost in Rainbow Park?
The median single-family home price in Rainbow Park, FL is $230,000 (about $182 per square foot).
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