Rainbow Drive, NC Housing Market

Homes for sale

The median sale price of a home in Rainbow Drive was $210K last month, down 23.6% since last year.

Trends
Demand
Schools
Climate

Rainbow Drive Housing Market Trends

What is the housing market like in Rainbow Drive today?

In November 2024, Rainbow Drive home prices were down 23.6% compared to last year, selling for a median price of $210K.

$210K

Sale Price

$163

Sale $/Sq. Ft.

Over List Price

17%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Rainbow Drive and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Kannapolis add value to a home.

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View houses in Rainbow Drive that sold recently

Recently sold homes

SOLD JAN 3, 2025
$416,000 Last Sold Price
3 beds
2.5 baths
1,735 sq ft
4425 Dusty Orchard Rd, Kannapolis, NC 28081
List Price
$418,999
Sale to List
1% under list
Days on Market
93 days
4425 Dusty Orchard Rd, Kannapolis, NC 28081
SOLD NOV 15, 2024
$210,000 Last Sold Price
2 beds
1.5 baths
1,282 sq ft
5211 Power Line St, Kannapolis, NC 28081
List Price
$179,500
Sale to List
17% over list
Days on Market
56 days
5211 Power Line St, Kannapolis, NC 28081

Schools in Rainbow Drive

Learn about schools in the Rainbow Drive area

Elementary
Middle
High

GreatSchools Rating

4/10

Fred L Wilson Elementary

Public • K-5

408

Students

9 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Rainbow Drive housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Rainbow Drive.

Wind Factor - Moderate

100% of properties are at moderate risk of a severe wind event over the next 30 years

Heat Factor - Major

100% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Rainbow Drive

New Listings in Rainbow Drive

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