The Rainbow Lake housing market is somewhat competitive. The median sale price of a home in Rainbow Lake was $533K last month, up 5.4% since last year. The median sale price per square foot in Rainbow Lake is $280, down 25.1% since last year.
What is the housing market like in Rainbow Lake today?
In July 2025, Rainbow Lake home prices were up 5.4% compared to last year, selling for a median price of $533K.
$450K
Sale Price
-10.0% since last year
$280
Sale $/Sq. Ft.
-25.1% since last year
Under List Price
2.1%
Days on Market
37
Down Payment
—
Total Homes Sold
1
To compare other locations to the Rainbow Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Delray Beach add value to a home.
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How hot is the Rainbow Lake housing market?
Rainbow Lake is somewhat competitive. Homes sell in 37 days.
0
100
52
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 2% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 25 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 Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rainbow Lake.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
Rainbow Lake has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information
Provided by First Street Foundation
Transportation in Rainbow Lake
Learn about the walkability, bikeability, and transit-friendliness of Rainbow Lake