The Rainbow Park housing market is not very competitive. The median sale price of a home in Rainbow Park was $449K last month, up 32.2% since last year. The median sale price per square foot in Rainbow Park is $383, up 0.8% since last year.
What is the housing market like in Rainbow Park today?
In October 2024, Rainbow Park home prices were up 32.2% compared to last year, selling for a median price of $449K. On average, homes in Rainbow Park sell after 18 days on the market compared to 26 days last year. There were 8 homes sold in October this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$448,750
+32.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Rainbow Park, FL
$448,750
+32.2%
United States
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How hot is the Rainbow Park housing market?
Rainbow Park is not very competitive. Homes sell in 39.5 days.
0
100
25
Not Very 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 9 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 40 days.
Hot homes
can sell for around list price and go pending in around 17 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 Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rainbow Park.
Flood Factor - Minor
32% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rainbow Park has a minor risk of flooding. 47 properties in Rainbow Park are likely to be
severely affected
by flooding over the next 30 years. This represents 32% of all properties in Rainbow Park. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor - Extreme
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Rainbow Park has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Rainbow Park is most at risk from hurricanes. 892 properties in Rainbow Park have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 188 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 202 mph.