Housing Prices in Rainbow City, AL
How much do homes in Rainbow City, AL cost?
Median List Price
$357,500
$141/sqft
Based on all homes listed in April 2024.
Difference Since Last Month
Summary: The median home list price in Rainbow City was $357,500 in April 2024, up 6.7% from the previous month, and the median price per square foot was $141.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $380K | $425K | +11.8% |
4 Bedrooms | $290K | $290K | 0.0% |
5+ Bedrooms | - | - | N/A |
Summary: Rainbow City housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
Rainbow City | $335K | $357.5K | +6.7% |
Gadsden | $226K | $226K | 0.0% |
Housing Supply in Rainbow City, AL
How many homes are available in Rainbow City, AL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Summary: The Rainbow City real estate market had 2 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rainbow City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for Rainbow City, AL
How long does it take to sell a home in Rainbow City, AL?
Average Listing Age
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
217 Days | 115 Days | -47.0% |
Summary: Homes in Rainbow City had an average listing age of 115 days in Apr 2024, down by 47% compared to the previous month.