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Featured local agent — Rainbow Springs, FL
Sarah Mitchell
Compass Real Estate · Rainbow Springs, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Rainbow Springs, FL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$330,000median sale price
How is the Rainbow Springs, FL housing market right now?
The median home sale price in Rainbow Springs, FL is $330,000, up 0.9% year-over-year. Homes sell in an average of 40 days with 78 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 Springs a buyer's or seller's market?
Rainbow Springs, FL is currently a balanced market, based on 4.6 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
40
Average pace
Active listings
78
4.6 months supply
Sale-to-list
97.1%
Below asking
What does the Rainbow Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $330,000 |
| Median list price | $387,000 |
| Year-over-year price change | +0.9% |
| Average days on market | 40 days |
| Active inventory | 78 listings |
| Months of supply | 4.6 months |
| Sale-to-list price ratio | 97.1% |
| Median price per sq ft | $171/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 20 |
| Listings with a price cut | 41.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Rainbow Springs by property type?
How the Rainbow Springs, 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 | $330,000 | $171/sq ft | 17 | 40 days |
| Condo / Co-op | $190,000 | $160/sq ft | 1 | 154 days |
| Townhouse | $165,000 | $113/sq ft | 1 | 240 days |
Source: Redfin · Updated monthly
The Rainbow Springs housing market is currently classified as a balanced market with a median sale price of $330,000. Prices have risen 0.9% compared to last year, with homes spending an average of 40 days on market, indicating 4.6 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 Springs
There are currently 78 homes listed for sale in Rainbow Springs, Florida. The median listing price is $387K.
Active listings
78
Homes on market
Median list price
$387K
Avg. days on market
40
Days until sale
New this week
20
Newly listed
Who lives in Rainbow Springs?
Population
5,226
Median income
$49,535/yr
Median age
65.7 years
Owner-occupied
89.2%
College grads
22.7%
Avg commute
33.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Rainbow Springs?
Rainbow Springs is a community of approximately 5K residents with a median age of 65.7 years.The median household income is $49,535, which represents a working-class community with solid middle-income opportunities. 22.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Rainbow Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Rainbow Springs, FL?
Want a head-to-head view? Compare Rainbow Springs 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 Springs?
The median home sale price in Rainbow Springs is $330,000, up 0.9% from last year.
How long do homes stay on market in Rainbow Springs?
Homes typically spend 40 days on market before going under contract.
What is the median income in Rainbow Springs?
The median household income is $49,535 per year.
Is Rainbow Springs a buyer's or seller's market?
With 4.6 months of supply, Rainbow Springs is currently a balanced market.
What is the median condo price in Rainbow Springs?
The median condo/co-op sale price in Rainbow Springs, FL is $190,000, compared to $330,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Rainbow Springs?
The median single-family home price in Rainbow Springs, FL is $330,000 (about $171 per square foot).
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