Housing in Rainbow Lakes Estates, FL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$284,950

Median List Price

$245,000

Price Per Sq Ft

$177

Days on Market

33

Active Inventory

104

Months of Supply

6.5

Buyer's market

Price Trends

Source: Redfin
Sale Price 16.3%List Price 2.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

31.3%

Off Market in 2 Weeks

26.7%

Sale-to-List Ratio

99.5%

Buyer's market

Sold Above Asking
31.3%
Under Contract in 2 Wks
26.7%
Listings with Price Drops
19.2%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

41

Pending Sales

30

Homes Sold 20.0%New Listings 115.8%Pending 50.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$177

Median List $/SF

$183

Sale $/SF 4.8%List $/SF 6.2%Mar 24Jan 26

Rainbow Lakes Estates vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Rainbow Lakes Estates is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$144,500

Median Rent

$766

Total Housing Units

1,712

Vacancy Rate

18.4%

Owner Occupied

86.1%

Renter Occupied

13.9%

Median Property Tax

$1,206

per year

Monthly Cost (w/ Mortgage)

$484

Housing Types

Single Family
92.8%
Multi-Family
0.0%
Mobile Home
7.2%

The current median sale price in Rainbow Lakes Estates, FL is $284,950 according to Redfin data. Homes spend a median of 33 days on the market. 31.3% of homes sold above asking price. The market has 6.5 months of supply. The median price per square foot is $177. The median rent is $766 per month (Census ACS). About 86.1% of housing units are owner-occupied. The median year homes were built is 1985. There are 1,712 total housing units.