Rainbow Hills Real Estate Market Sees Sales Down

While home sales in the Rainbow Hills market have been above average, in this week's report they slid 33.3% to four homes sold over the last 30 days. Meanwhile, the Heritage neighborhood reported 12 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $84,000 over the latest reporting period for Rainbow Hills, down from $92,500. Despite the slip in sales, a relatively low two months of inventory indicates that Rainbow Hills is a definite seller's market.

Want a home with a large living space in Rainbow Hills? Start your search with these listings that provide the most in the area:

$140K   $124K   $109K  

Get started right now by checking out Rainbow Hills homes for sale or reviewing Rainbow Hills real estate trends.

Demographic facts about Rainbow Hills:

  • There are 5,543.2 people per square mile in this area.
  • The lifestyle rating here is 25. (Scale: 1 = Worst, 100 = Best)
  • 76.7% of the residents travel to work in an automobile, 15.4% via carpool, and 3.0% by way of public transit.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
The Home Team of America
22 reviews
Better Homes And Gardens Bradfield Properties
Snapped 1 home in this area
Keller Williams Heritage Realty
Snapped 3 homes in this area

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