The Rainbow housing market is most competitive. The median sale price of a home in Rainbow was $3.3M last month, up 7.1% since last year. The median sale price per square foot in Rainbow is $1.51K, up 2.6% since last year.
In October 2024, Rainbow home prices were up 7.1% compared to last year, selling for a median price of $3.3M. On average, homes in Rainbow sell after 8 days on the market compared to 10 days last year. There were 6 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$3,319,000
+7.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Rainbow, CA
$3,319,000
+7.1%
United States
To compare other locations to the Rainbow and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in San Jose add value to a home.
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How hot is the Rainbow housing market?
Rainbow is most competitive. Homes sell in 8 days.
0
100
98
Most Competitive
Redfin Compete Score™
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 12 months
Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 11% above list price and go pending in around 8 days.
Hot homes
can sell for about 20% above list price and go pending in around 7 days.
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 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rainbow.
Flood Factor - Minor
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rainbow has a minor risk of flooding. 199 properties in Rainbow are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in Rainbow. Flood risk is increasing slower than the national average.