Rainbow Park, FL housing market

The median sale price in Rainbow Park, FL was $230K in May 2026, down 2.1% year over year, measured across homes that actually closed that month (Redfin). The three months through May 2026 averaged $230K, firming from $226K across the three months before that. That puts prices 4.4% below the strongest three-month stretch on record here, which ended in Apr 2024 at $241K.

Buyers had 43 homes to choose from in May 2026, down 25.9% year over year (Redfin). At the current sales pace that standing inventory works out to 3.6 months of supply; convention treats four to six months as a balanced market, which puts Rainbow Park, FL on the sellers' side of that line. 17 homes came to market in May 2026, essentially flat year over year, against 12 closings, down 7.7% year over year. Homes that sold in May 2026 took a median of 73 days to go under contract, 39 days faster than this market's usual May pace.

Competition is measurable in the closings themselves: 25% settled above asking, and the average sale landed at 99% of its final list price. 28% of listings carried a price cut in May 2026.

This page tracks 9 monthly housing series for Rainbow Park, FL — median sale price, inventory (active), median days on market, months of supply, homes sold, new listings, and more — sourced from Redfin, running from Aug 2016 through May 2026. Chart any of them below, switch between levels and year-over-year change, or add nearby Florida markets to compare side by side.