Housing in Rainbow Springs, FL

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$347,000

Median List Price

$385,000

Price Per Sq Ft

$173

Days on Market

90

Active Inventory

98

Months of Supply

5.2

Balanced market

Price Trends

Source: Redfin
Sale Price 5.2%List Price 0.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.8%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

97.9%

Buyer's market

Sold Above Asking
15.8%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
34.7%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

25

Pending Sales

16

Homes Sold 58.3%New Listings 4.2%Pending 36.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$173

Median List $/SF

$180

Sale $/SF 2.4%List $/SF 2.2%Mar 24Jan 26

Rainbow Springs vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Rainbow Springs 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

$264,600

Median Rent

$1,118

Total Housing Units

2,943

Vacancy Rate

12.0%

Owner Occupied

89.2%

Renter Occupied

10.8%

Median Property Tax

$2,025

per year

Monthly Cost (w/ Mortgage)

$769

Housing Types

Single Family
95.8%
Multi-Family
0.0%
Mobile Home
4.2%

The current median sale price in Rainbow Springs, FL is $347,000 according to Redfin data. Homes spend a median of 90 days on the market. 15.8% of homes sold above asking price. The market has 5.2 months of supply. The median price per square foot is $173. The median rent is $1,118 per month (Census ACS). About 89.2% of housing units are owner-occupied. The median year homes were built is 1997. There are 2,943 total housing units.