Rainbow City, AL Housing Market
The Rainbow City housing market is somewhat competitive. The median sale price of a home in Rainbow City was $277K last month, up 34.0% since last year. The median sale price per square foot in Rainbow City is $129, up 6.6% since last year.
Rainbow City Housing Market Trends
In March 2024, Rainbow City home prices were up 34.0% compared to last year, selling for a median price of $277K. On average, homes in Rainbow City sell after 106 days on the market compared to 162 days last year. There were 6 homes sold in March this year, down from 15 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 6 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 71 days.
- Hot homescan sell for around list price and go pending in around 23 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 24 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 49 days.
- Hot homescan sell for around list price and go pending in around 28 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
- $330,000 Last Sold Price4 beds2.5 baths2,542 sq ft505 Westminster Dr, Rainbow City, AL 35906(256) 266-3572List Price$349,900Sale to List6% under listDays on Market110 days505 Westminster Dr, Rainbow City, AL 35906
- $292,000 Last Sold Price3 beds2 baths2,822 sq ft119 South Hawk Dr, Rainbow City, AL 35906(256) 613-1645List Price$299,000Sale to List2% under listDays on Market101 days119 South Hawk Dr, Rainbow City, AL 35906
- $6,000,000 Last Sold Price—beds—baths—sq ftLot 9 Garrison Dr, Gadsden, AL 35901(256) 467-3555List Price$9,000Sale to List66,567% over listDays on Market152 daysLot 9 Garrison Dr, Gadsden, AL 35901
- $6,000,000 Last Sold Price—beds—baths—sq ftLot 8 Garrison Dr, Gadsden, AL 35901(256) 467-3555List Price$9,000Sale to List66,567% over listDays on Market152 daysLot 8 Garrison Dr, Gadsden, AL 35901
- $287,000 Last Sold Price5 beds3.5 baths4,019 sq ft304 W Hartwood Dr, Rainbow City, AL 35906(256) 459-4001List Price$299,999Sale to List4% under listDays on Market48 days304 W Hartwood Dr, Rainbow City, AL 35906
- $130,000 Last Sold Price3 beds2 baths1,675 sq ft146 Windy Hill Rd, Rainbow City, AL 35906(256) 459-4001List Price$109,900Sale to List18% over listDays on Market21 days146 Windy Hill Rd, Rainbow City, AL 35906
- $27,500 Last Sold Price—beds—baths—sq ft4 Laurelwood Dr, Rainbow City, AL 35906(256) 442-1030List Price$33,900Sale to List19% under listDays on Market434 days4 Laurelwood Dr, Rainbow City, AL 35906
- $175,000 Last Sold Price3 beds2 baths1,749 sq ft104 Lakewood Cir, Rainbow City, AL 35906List Price$179,900Sale to List3% under listDays on Market34 days104 Lakewood Cir, 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 | 691 Students | 9 reviews |
10/10 Eura Brown Elementary School Public • PreK-5 | 352 Students | 2 reviews |
6/10 Southside Elementary School Public • PreK-5 | 535 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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