$447,756
$6,000 since July
This home's estimate is 19.6% higher than the average sale price ($375K) of 6 comparable homes.
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OFF MARKET
$447,756
3
bd•
1 ba
•
1,934
sq ft
40 Rainbow Rd, Edgewood, NM 87015
About this home
40 Rainbow Rd is a 1,934 square foot house on a 2.51 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Edgewood data, we estimate the home's value is $447,756.
Single-familyProperty Type
1996Year Built
2.51 acresLot Size
$232Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records
Redfin Estimate
Earn from this home
Rent
$1,475/mo
Redfin rental estimate
List your home for rent
Market trends in 87015, NM
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
97.4%
1.2% MoM
Median sale price
$473K
$26K MoM
Avg. days on market
42d
19 days MoM
Recently sold homes
31
0 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
South Mountain Elementary School
Public K-5 • Assigned • 4.0mi
Edgewood Middle School
Public 6-8 • Assigned • 1.4mi
Moriarty High School
Public 9-12 • Assigned • 9.9mi
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 11.5 hours in June and 7.1 hours in December, placing it above the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
Estimated sale price
$426,000 – $515,000
Sell confidently with a local market expert in Edgewood. 3 minutes to get started.
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