The Rainbow-Meadowood housing market is somewhat competitive. The median sale price of a home in Rainbow-Meadowood was $150K last month, down 10.7% since last year. The median sale price per square foot in Rainbow-Meadowood is $146, up 8.1% since last year.
What is the housing market like in Rainbow-Meadowood today?
In March 2024, Rainbow-Meadowood home prices were down 10.7% compared to last year, selling for a median price of $150K.
$150K
Sale Price
-10.7% since last year
$146
Sale $/Sq. Ft.
+8.1% since last year
Under List Price
9.3%
Days on Market
52
Down Payment
—
Total Homes Sold
1
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How hot is the Rainbow-Meadowood housing market?
Rainbow-Meadowood is somewhat competitive. Homes sell in 52 days.
0
100
38
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 9% below list price and go pending in around 52 days.
Hot homes
can sell for around list price and go pending in around 20 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-Meadowood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rainbow-Meadowood.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rainbow-Meadowood has a moderate risk of flooding. 47 properties in Rainbow-Meadowood are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Rainbow-Meadowood. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Rainbow-Meadowood has a minor risk of wildfire. There are 45 properties in Rainbow-Meadowood that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Rainbow-Meadowood.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Rainbow-Meadowood has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Rainbow-Meadowood is most at risk from hurricanes. 649 properties in Rainbow-Meadowood 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 65 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 78 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Rainbow-Meadowood has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Rainbow-Meadowood have a Major Heat Factor®.
Rainbow-Meadowood is expected to see a 157% increase in the number of days over 103ºF over the next 30 years. Rainbow-Meadowood is expected to experience 8