The Rainbow Heights housing market is somewhat competitive. The median sale price of a home in Rainbow Heights was $279K last month, down 12.3% since last year.
What is the housing market like in Rainbow Heights today?
In January 2025, Rainbow Heights home prices were down 12.3% compared to last year, selling for a median price of $279K. On average, homes in Rainbow Heights sell after 78 days on the market compared to 81 days last year. There were 4 homes sold in January this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$279,000
-12.3% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Rainbow Heights, FL
$279,000
-12.3%
United States
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How hot is the Rainbow Heights housing market?
Rainbow Heights is somewhat competitive. Homes sell in 57 days.
0
100
48
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 57 days.
Hot homes
can sell for about 1% above list price and go pending in around 22 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.7%
+5.8 pt YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
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 Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Rainbow Heights.
Flood Factor - Minor
24% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Rainbow Heights has a minor risk of flooding. 131 properties in Rainbow Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 24% of all properties in Rainbow Heights. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Rainbow Heights has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Rainbow Heights is most at risk from hurricanes. 739 properties in Rainbow Heights 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 147 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 155 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Rainbow Heights has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Rainbow Heights have an Extreme Heat Factor®.
Rainbow Heights is expected to see a 242% increase in the number of days over 109ºF over the next 30 years. Rainbow Heights is expected to experience 5