154 homes sold in Rainbow Park in the last year, at a typical $224K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Rainbow Park homes are listed.
Every place Rainbow Park homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Rainbow Park.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Rainbow Park’s sales, at a typical $224K
154 homes sold in the year to May 2026.
typical sale · 154 sold in 12 months
- Per square foot
- $189FL $245
- Days to sell
- 87
- Sold over asking
- 35%
- Listings with a price cut
- 25%
More homes sell than most years, at 4.6 times the 2016 price
154 sales in the last year, against 166 in 2025 and a low of 27 in 2015. The typical sale went from $49K in 2016 to $224K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Rainbow Park
Check a listing against what Rainbow Park homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Rainbow Park are more common than before the pandemic, and more homes are for sale
We read every month of Rainbow Park’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 154 sales.
If you’re buying in Rainbow Park
- Shop in May. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Bid near asking. Buyers paid 99.6% of the list price on average; 35% paid over.
- You’ll usually have time. Only 15% of homes go under contract within two weeks; the typical one takes 87 days.
Winter brings the homes; summer brings the bidding wars
January has the most new listings (about 9 a month), but June is the most competitive: 35% of June sales close over asking. May offers nearly as much choice with fewer homes bid up (14%). May has the least competition (14%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Florida
| Rainbow Park now | 2017–19 | 2021 peak | FL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 35% | 15% | 32% | 10% |
| Gone within two weeksShare of homes under contract within 14 days | 15% | 0% | 60% | 20% |
| Listings with a price cutShare of homes for sale that cut their price | 25% | — | 12% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 99.6% | 94.3% | 101% | 96.3% |
| Days to sellMedian days from listing to contract | 87 | 99 | 36 | 76 |
57 homes for sale on a typical day
That’s 4 times the 2021 low (14) and 91% more than in 2017–19.
1 in 4 listings has cut its price
25% in the last year, against — in 2017–19 and 28% across Florida.
Rainbow Park ranks 1st of 534 busy Florida markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Rainbow Park is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Rainbow Park home costs about $1,310 a month
Price: Rainbow Park’s typical sale, last 12 months. Property tax at Rainbow Park’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Rainbow Park is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in January
The month with the most choice. February has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $224K home, about $1,700 a year.
Taxes vs. neighborsSchools
The schools grade for Rainbow Park, from test results, graduation and how much students grow.
Schools in Rainbow ParkTypical commute
The average one-way trip to work for people who live in Rainbow Park.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
On Top of the World, Rainbow Springs, Rainbow Lakes Estates, Liberty Triangle and Ocala sell for less a square foot
The busier markets within 25 miles of Rainbow Park, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Liberty Triangle | 1,134 | $277K | $157 | 12% | 80 |
| On Top of the World | 860 | $304K | $173 | 5% | 91 |
| Ocala | 856 | $284K | $158 | 12% | 68 |
| Rainbow Lakes Estates | 330 | $249K | $180 | 26% | 49 |
| Rainbow Springs | 210 | $343K | $175 | 10% | 72 |
| Rainbow Park | 154 | $224K | $189 | 35% | 87 |
| Dunnellon | 28 | $311K | $217 | 11% | 74 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Rainbow Park, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Rainbow Park. People who follow the town see it, and so do people comparing Rainbow Park with their own town. No commission, no listing fee.
Questions about buying a home in Rainbow Park
What do homes sell for in Rainbow Park, FL?
154 homes sold in the year to May 2026 at a typical $224K, $189 a square foot.
Is Rainbow Park a buyer’s or seller’s market?
A seller’s market: 43 homes were for sale in May 2026 and 12 sold, about 3.6 months of supply. Buyers paid 99.6% of asking on average, and 25% of listings cut their price.
When is the best time to buy in Rainbow Park?
January brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Rainbow Park?
About 0.8% of a home’s value a year. On a $224K home that’s near $1,700.
Where can I see homes for sale in Rainbow Park?
Zillow, Redfin, Realtor.com and Homes.com all carry Rainbow Park’s MLS listings; the search links above open each one filtered to Rainbow Park.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).