Rainbow City, AL Housing Market
The Rainbow City housing market is not very competitive. The median sale price of a home in Rainbow City was $253K last month, up 5.2% since last year. The median sale price per square foot in Rainbow City is $106, down 20.5% since last year.
Rainbow City Housing Market Trends
In April 2024, Rainbow City home prices were up 5.2% compared to last year, selling for a median price of $253K. On average, homes in Rainbow City sell after 55 days on the market compared to 42 days last year. There were 8 homes sold in April this year, up from 7 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Rainbow City housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 2% below list price and go pending in around 70 days.
- Hot homescan sell for around list price and go pending in around 32 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 49 days.
- Hot homescan sell for around list price and go pending in around 29 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 3% below list price and go pending in around 53 days.
- Hot homescan sell for around list price and go pending in around 30 days.
Rainbow City Migration & Relocation Trends
Home offer insights for Rainbow City
Recent offers
View houses in Rainbow City that sold recently
Recently sold homes
- $162,000 Last Sold Price3 beds2 baths1,260 sq ft314 Meadow St, Rainbow City, AL 35906(256) 546-4663List Price$167,000Sale to List3% under listDays on Market59 days314 Meadow St, Rainbow City, AL 35906
- $270,000 Last Sold Price4 beds3 baths3,192 sq ft123 Stacy Ln, Rainbow City, AL 35906List Price$290,000Sale to List7% under listDays on Market223 days123 Stacy Ln, Rainbow City, AL 35906
- $199,500 Last Sold Price—beds—baths—sq ft0 Owl Creek Rd #0, Rainbow City, AL 35906List Price$199,500Sale to List0% over listDays on Market21 days0 Owl Creek Rd #0, Rainbow City, AL 35906
- $237,000 Last Sold Price4 beds2.5 baths2,545 sq ft109 Myrtle Dr, Rainbow City, AL 35906(256) 442-9995List Price$259,900Sale to List9% under listDays on Market286 days109 Myrtle Dr, Rainbow City, AL 35906
- $244,900 Last Sold Price3 beds2 baths1,986 sq ft202 Cambridge Ln, Rainbow City, AL 35906(256) 952-2391List Price$244,900Sale to List0% over listDays on Market42 days202 Cambridge Ln, Rainbow City, AL 35906
- $192,000 Last Sold Price3 beds1 bath1,142 sq ft267 Creek Haven Rd, Rainbow City, AL 35906(256) 952-2391List Price$199,500Sale to List4% under listDays on Market34 days267 Creek Haven Rd, Rainbow City, AL 35906
- $290,000 Last Sold Price3 beds2 baths1,974 sq ft101 Cambridge Ln, Rainbow City, AL 35906List Price$290,000Sale to List0% over listDays on Market32 days101 Cambridge Ln, Rainbow City, AL 35906
- $195,000 Last Sold Price2 beds2 baths1,760 sq ft3504 Lindsey St, Rainbow City, AL 35906(256) 543-1292List Price$220,000Sale to List11% under listDays on Market312 days3504 Lindsey St, Rainbow City, AL 35906
See all recently sold homes in Rainbow City.
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Schools in Rainbow City
- Elementary
- Middle
- High
GreatSchools Rating
10/10 John S Jones Elementary School Public • PreK-5 | 749 Students | 9 reviews |
10/10 Eura Brown Elementary School Public • PreK-5 | 331 Students | 2 reviews |
6/10 Southside Elementary School Public • PreK-5 | 524 Students | 4 reviews |
NR Etowah County Spec Education Learning Center Public • PreK-12 | - Students | N/A |
Climate's impact on Rainbow City housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Rainbow City.
Flood Factor - Severe
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Rainbow City
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