Rainbow City, AL Homes for Sale

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  /26

  $279,000

  • 3 Beds
  • 2 Baths
  • 2,194 Sq Ft

  1980 Riddles Bend Rd, Rainbow City, AL 35906

  Looking for space to spread out? This full brick 2104 sq ft +/- 3-bedroom, 2 full bath home sits on 2 beautiful acres and has all the room you need for family, friends, and fun. Highlights include spacious family room perfect for movie nights & game days, living room, dine in kitchen w/generous cabinets and food serving areas, laundry room, bonus room, 3 cozy bedrooms ready for sweet dreams. A

  

  Sue Holland

  Sue Holland Realty LLC

  (256) 334-7867

  1980 Riddles Bend Rd, Rainbow City, AL 35906
• Explore Rainbow City

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  /50

  $435,000

  • 4 Beds
  • 3.5 Baths
  • 3,002 Sq Ft

  109 Westminster Dr, Rainbow City, AL 35906

  Westminster!!! Move in READY Across from Westbrook Christian School. Beautifully updated, stately all brick home 4beds 31/2 baths. Tankless water heater, Gorgeous inground gunite saltwater POOL Fabulous fenced back yard with brick patio, vinyl and aluminum fencing. The most adorable Garden shed with puppy houses. Refrigerator, washer and dryer included. Some home furnishings are available for

  

  Kayla Campbell

  ERA King Real Estate - Gadsden

  (256) 215-9401

  109 Westminster Dr, Rainbow City, AL 35906
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  /31

  $274,000

  • 4 Beds
  • 3 Baths
  • 2,409 Sq Ft

  204 Seville Ln, Rainbow City, AL 35906

  Welcome home to this 2409 Sq Ft +/-, 4-bedroom, 3-bath ranch-style home that perfectly blends comfort and convenience. Step inside to a spacious family room with a fireplace that makes it ideal for relaxing or entertaining. The kitchen comes complete with appliances, ample counter space, breakfast bar and spacious pantry. The primary suite is a true retreat with a private ensuite bath and a walk

  

  Sue Holland

  Sue Holland Realty LLC

  (256) 973-9731

  204 Seville Ln, Rainbow City, AL 35906
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  /49

  $699,000

  • 3 Beds
  • 2.5 Baths
  • 3,016 Sq Ft

  200 Canoe Creek Rd, Rainbow City, AL 35906

  Rainbow City waterfront on Canoe Creek with the full setup. A private boat ramp, private boathouse with lifts and custom upstairs storage, pool, trex decking, and screened porch. This well-maintained 3BR/2.5BA offers a generous living space, open layout, and water views from the master bedroom. Entertain with ease from the sunroom or screened porch. Easy access the to the Coosa River main channel

  

  Rachel Hicks

  KW Gadsden

  (256) 871-4569

  200 Canoe Creek Rd, Rainbow City, AL 35906
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  /2

  $125,000

  • Land
  • 0.9 Acre
  • $138,889 per Acre

  002 Steele Station Rd, Rainbow City, AL 35906

  Let your business be a part of Rainbow City's explosive plan of growth! This cleared lot is just waiting for your building so that your business can grow with this community. .9 acres in a growing commercial development.

  

  Scott Hindsman

  Impact Realty, LLC

  (256) 645-4225

  002 Steele Station Rd, Rainbow City, AL 35906
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  /3

  $125,000

  • Land
  • 0.9 Acre
  • $138,889 per Acre

  001 Steele Station Rd, Rainbow City, AL 35906

  Don't miss your chance to be a part of Rainbow City's explosive growth plan! Commercial lot waiting for your business to develop and grow! @ .9 acres with 140 ft of frontage on Steele Station Road. Turn Lane and access road already available.

  

  Scott Hindsman

  Impact Realty, LLC

  (256) 576-9387

  001 Steele Station Rd, Rainbow City, AL 35906
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  /8

  $68,500

  • Land
  • 5 Acres
  • $13,700 per Acre

  5 acres Friendship Rd, Rainbow City, AL 35906

  This beautiful, 5+/- acre tract of agriculture zone land offers the perfect blend of privacy and potential. Power water, Internet, and phone available at the road. Only five minutes to I59. Short drive to Birmingham or Tennessee. Mostly wooded, the property provides a peaceful natural setting with plenty of space to clear for your ideal home site. A perk test has already been completed, saving

  

  Rhonda Hood

  ERA King Real Estate

  (256) 418-8110

  5 acres Friendship Rd, Rainbow City, AL 35906
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  /48

  $274,900

  • 3 Beds
  • 2 Baths
  • 1,665 Sq Ft

  141 Swindall Cir, Rainbow City, AL 35906

  Welcome Home to this charming Brick and vinyl beauty located in a highly desirable neighborhood! Well-designed 4-bedroom house feats the popular split floorplan and 2 Bathrooms. Spacious living room with dining area is perfect for entertaining or everyday living. Eat in Kitchen w SS appliances, pantry and tile floors. Primary Ensuite with Big walk-in closet. Privacy fenced in backyard and 2 car

  

  Cammie Cunningham

  River Towne Real Estate Group

  (256) 608-5217

  141 Swindall Cir, Rainbow City, AL 35906
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  /21

  $324,900

  • 3 Beds
  • 2 Baths
  • 2,553 Sq Ft

  502 Lee Dr, Rainbow City, AL 35906

  Updated 3 Bedroom, 2 Bath brick rancher in Rainbow City! Large Master with beautiful ensuite bath. Super nice kitchen with stainless appliances and pantry. 2 living areas with fireplace serving both. Large dedicated laundry. Great Sunroom or office. Plenty of outdoor space for entertaining with inground pool! Super quiet neighborhood. Come be a part of Rainbow City's exciting growth!

  

  Scott Hindsman

  Impact Realty, LLC

  (256) 952-3746

  502 Lee Dr, Rainbow City, AL 35906
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  /12

  $169,900

  • Land
  • 24 Acres
  • $7,079 per Acre

  167 Cox St, Rainbow City, AL 35906

  Rare opportunity to own nearly 24 +/- acres in the Rainbow City Limits! This tract would make the perfect place for someone to build their dream home! It is located only a mile from H Neely Henry Lake and has mountain views all around. The driveway onto the property is nestled at the end of Cox St. There are multiple good homesites located off of the driveway. The property consists mainly of a

  Matt Burnett Southeastern Land Group, Inc.

  167 Cox St, Rainbow City, AL 35906
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  /47

  $899,900

  • 5 Beds
  • 3.5 Baths
  • 4,826 Sq Ft

  343 Hill St, Rainbow City, AL 35906

  THIS ONE HAS IT ALL! ACREAGE! RAINBOW CITY! Main house boasts 2 bedrooms on the main level, 3 bedrooms upstairs 3 and half bathrooms, spacious den with fireplace, sun room, wonderful kitchen with storage PLUS unfinished basement. The GUEST house offers two bedrooms, family room, kitchen and laundry. The property has 6 garage bays, tree house and plenty of space to garden or entertain. Perfect

  Traci Thomason Impact Realty, LLC

  343 Hill St, Rainbow City, AL 35906
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  /41

  $674,900

  • 4 Beds
  • 3 Baths
  • 3,098 Sq Ft

  5351 Lister Ferry Rd, Rainbow City, AL 35906

  RAINBOW CITY |WATERFRONT | BIG WATER | FLEX SPACE- Beautifully renovated 4BDRM/3BTH family home overlooking the main channel of the Coosa River w/ approx 1.6 acres/350 ft +/- of water frontage! Open family RM w/ views, leading to expansive deck w/ views! Gorgeous kitchen w/ massive work island/bkfst bar, ample cabinets, gas cooktop, tile backsplash & a view! Plush master suite w/ HIS & HER

  Wes Sutton Corporate South Realty,Inc

  5351 Lister Ferry Rd, Rainbow City, AL 35906
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  /16

  $639,900 New Construction

  • 3 Beds
  • 2.5 Baths
  • 2,200 Sq Ft

  847 Rainbow Haven Rd, Rainbow City, AL 35906

  Under Construction-Proposed new construction on the shores of Lake Neely Henry, this 3-bedroom, 2.5-bath lakefront home is expected to be completed by March 13, 2026. Designed with an open-concept layout, the home features a spacious living room with a vaulted ceiling and abundant natural light, a luxurious kitchen ideal for entertaining, and a private primary suite on the main level. A

  Stephanie Megois KW Gadsden

  847 Rainbow Haven Rd, Rainbow City, AL 35906
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  /36

  $599,900

  • 5 Beds
  • 4 Baths
  • 4,822 Sq Ft

  207 Hummingbird Way, Rainbow City, AL 35906

  RAINBOW CITY | CUSTOM | PRIVACY | BASEMENT/FLEX SPACE | Gorgeous one owner ALL BRICK 5BDRM/4BTH family home privately nestled in Rainbow City w/ scenic seasonal views! Family rm w/ elevated ceiling, fplc & built-ins all accented w/ ample natural light! Light & airy kitchen w/ work island & inviting breakfast nook surround by windows/scenic/private view! Master w/ tub for relaxing & stand up

  Wes Sutton Corporate South Realty,Inc

  207 Hummingbird Way, Rainbow City, AL 35906
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  /40

  $699,900

  • 3 Beds
  • 3.5 Baths
  • 2,866 Sq Ft

  407 Bay Point Dr, Rainbow City, AL 35906

  Check out this gorgeous newly remodeled lakefront home! This 3-bedroom, 3.5-bath property has been completely updated with a brand-new kitchen featuring all new appliances, along with new windows and new interior and exterior doors throughout the home. Beautiful new hardwood floors enhance the main level, complemented by updated tile showers in the upstairs bathrooms. The fully finished basement

  Hannah Ellis Impact Realty, LLC

  407 Bay Point Dr, Rainbow City, AL 35906
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  /28

  $369,900

  • 3 Beds
  • 2.5 Baths
  • 2,911 Sq Ft

  109 Red Barn Rd, Rainbow City, AL 35906

  RAINBOW CITY | COVERED BRIDGE | 2 LOTS | CUL DE SAC | ONE OWNER Beautiful & Classic all brick 3BDRM/2.5BTH family home nestled on 2 level lots in Covered Bridge! Cozy family room accented w/ wood beams & fireplace. Kitchen w/ ample cabinets, granite, gas cook top, work island & eat in breakfast! Formal dining. Formal living/FLEX SPACE. Spacious master suite w/ HIS & HER vanity bowls & great walk

  Wes Sutton Corporate South Realty,Inc

  109 Red Barn Rd, Rainbow City, AL 35906
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  /2

  $349,900 New Construction

  • 3 Beds
  • 2 Baths
  • 1,775 Sq Ft

  314 Asher Dr, Rainbow City, AL 35906

  Welcome home to this beautiful new construction in the desirable Capstone subdivision of Rainbow City! This 3 bed, 2 bath home offers 1,775 sqft with a bright, open floor plan and timeless finishes throughout. Enjoy quartz countertops, LVP flooring, and a spacious kitchen perfect for gathering with family and friends. The primary suite features his-and-her walk-in closets, dual vanities, and a

  Rachel White KW Gadsden

  314 Asher Dr, Rainbow City, AL 35906
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  /45

  $839,900

  • 5 Beds
  • 3.5 Baths
  • 3,374 Sq Ft

  1252 Canoe Creek Rd, Rainbow City, AL 35906

  Quiet, Serene, Tucked into beautiful hardwoods, but only minutes from the business area. Eateries, churches, schools, grocery markets, banks and more. This beautiful 5 bed (up to 6) 4 bath home features an artistry of masonry inside and out. Full hardwood and travertine. The kitchen with eatin dining, an island and total convenience for preparing meals. Beautiful rock work fireplace, and accents

  Glen Williams Impact Realty, LLC

  1252 Canoe Creek Rd, Rainbow City, AL 35906
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  /33

  $669,900

  • 4 Beds
  • 3 Baths
  • 2,100 Sq Ft

  351 Canoe Creek Rd, Rainbow City, AL 35906

  This newly renovated modern 1 story home located on Neely Henry Lake features 4 large bedrooms and 3 full bathrooms. Kitchen boasts all stainless steel appliances, large island, and quartz countertops. The kitchen opens into the great room with stone fireplace. Finished basement includes kitchen, den, playroom, bedroom, huge closet, and a full bathroom. Home is situated on 1 flat acre with

  Daniel Demers Sell Your Home Services

  351 Canoe Creek Rd, Rainbow City, AL 35906
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  /44

  $819,900

  • 5 Beds
  • 4.5 Baths
  • 3,123 Sq Ft

  390 Indian Lake Dr, Rainbow City, AL 35906

  Stunning Lakefront Home on the Coosa River in Riddles Bend with 100 ft. of river frontage. It also has a sea wall, pier and boathouse. This home has a 16x32 inground pool and a pool house/Mother-in-law suite with 1 bedroom, kitchen, den, full bath and large walk-in closet with and outdoor shower as well.The home is a beautifull 4 bedroom and 3 1/2 bath open concept. It has hardwood floors,

  Barry Hill At Home Real Estate LLC

  390 Indian Lake Dr, Rainbow City, AL 35906
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  /50

  $599,900

  • 5 Beds
  • 4.5 Baths
  • 4,188 Sq Ft

  100 Norwood Dr, Rainbow City, AL 35906

  Welcome to 100 Norwood Drive in the Gadsden Country Club neighborhood! This beautifully renovated 5BR/4.5BA home offers 4,188 sq ft of spacious, light-filled living designed for everyday comfort and unforgettable entertaining. Enjoy multiple living areas, a cozy brick fireplace, and a stunning sunroom overlooking your private backyard retreat. The oversized primary suite features a spa-like bath

  Jeri Franks Leading Edge RE Group-Gtsv.

  100 Norwood Dr, Rainbow City, AL 35906
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  /63

  $408,000

  • 3 Beds
  • 2 Baths
  • 2,632 Sq Ft

  50 Briarcliff Point, Rainbow City, AL 35906

  Experience waterfront living at an incredible new price. This beautifully renovated 3BR/2BA home on the Coosa River sits on a sprawling 1.23-acre lot in the Southside School District. The chef’s kitchen is a showstopper - featuring quartz countertops, custom cabinetry, and a premium Sub-Zero refrigerator. A unique double fireplace anchors the main living area, while the finished walkout basement

  Haley Shaw Kelly Right Real Estate of Ala

  50 Briarcliff Point, Rainbow City, AL 35906
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  /32

  $499,900

  • 3 Beds
  • 3 Baths
  • 2,653 Sq Ft

  400 Montclair Dr, Gadsden, AL 35901

  WATERFRONT | WHORTON BEND | BOATHOUSE | LEVEL LOT | FLEX SPACE | 3BDRM/3BTH family home conveniently nestled on a level lot on the Coosa River! Spacious family room accented with a fireplace & a view leading to a private covered deck! Kitchen w/ ample cabinets, granite counter tops & eat in dining! Open living & dining rooms. Master w/ HIS & HER closets and coffee porch access! Lower level w/

  Wes Sutton Corporate South Realty,Inc

  400 Montclair Dr, Gadsden, AL 35901
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  /4

  $53,500

  • Land
  • 2.23 Acres
  • $23,991 per Acre

  110 River Point, Rainbow City, AL 35906

  BEAUTIFUL 2+ ACRE LOTS in Rainbow City/Whorton Bend. Build the home of your dreams.

  Erika Lischinski Clokey Realty Inc

  110 River Point, Rainbow City, AL 35906
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  /2

  $49,900

  • Land
  • 0.4 Acre
  • $124,750 per Acre

  201 Vera Ln, Rainbow City, AL 35906

  Deed Restrictions *Common Ownership with J.P King*

  Trey Perman J. P. King Auction Co, Inc.

  201 Vera Ln, Rainbow City, AL 35906
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  /14

  $25,000

  • Land
  • 1.09 Acres
  • $22,936 per Acre

  1.09 Acres S Ridge Rd, Rainbow City, AL 35906

  Welcome to your 1.09-acre retreat in Rainbow City! Nestled between the Coosa River and several small lakes, this property offers a serene setting in an upscale neighborhood. - Features: Steep slope for potential stunning views, paved road, and underground power. - Outdoor Fun: Enjoy fishing, boating, and kayaking nearby. - Recreation: Close to parks, trails, golf courses, and the Vivian Lee

  Daniel Demers Sell Your Home Services Inc

  1.09 Acres S Ridge Rd, Rainbow City, AL 35906
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  /19

  $289,900

  • 4 Beds
  • 2 Baths
  • 2,392 Sq Ft

  104 Ivanhoe Ln, Rainbow City, AL 35906

  Welcome to this charming home located in Rainbow City! This property features a spacious layout with four bedrooms and two bathrooms. The kitchen is well-equipped, offering ample storage and counter space and an eat-in bar. Enjoy the two spacious living room areas with plenty of natural light. The screened in patio and fenced backyard provide a great space for outdoor activities. Enjoy the

  Steven Koleno Beycome Brokerage Realty

  104 Ivanhoe Ln, Rainbow City, AL 35906
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  /2

  $49,900

  • Land
  • 0.4 Acre
  • $124,750 per Acre

  203 Vera Ln, Rainbow City, AL 35906

  Deed Restrictions *Common Ownership with J.P King*

  Trey Perman J. P. King Auction Co, Inc.

  203 Vera Ln, Rainbow City, AL 35906
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  /3

  $24,900

  • Land
  • 0.47 Acre
  • $52,979 per Acre

  Lot 3 Sweetwater Ln, Rainbow City, AL 35906

  RAINBOW CITY- SWEETWATER PLANTATION- Great level building lot in the beautiful Sweetwater Plantation neighborhood! Conveniently located in Rainbow City this lot has restrictions & covenants for your protection. Wooded for max privacy. $24,900!

  Wes Sutton Corporate South Realty,Inc

  Lot 3 Sweetwater Ln, Rainbow City, AL 35906
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  /25

  $189,900

  • 3 Beds
  • 2 Baths
  • 1,334 Sq Ft

  303 Autumnwood Ln, Rainbow City, AL 35906

  Rainbow City – Great Location & Move-In Ready! Well-maintained 3 bedroom, 2 bath garden home featuring an open floor plan, vaulted tray ceiling, and new appliances. Recent updates include a 3-year-old HVAC and a durable metal roof. Enjoy spacious bedrooms with ample closets, including a walk-in master closet, plus a privacy-fenced backyard perfect for relaxing. Conveniently located near shopping,

  Frank Minogue Corporate South Realty,Inc

  303 Autumnwood Ln, Rainbow City, AL 35906
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  /6

  $164,900

  • Land
  • 0.62 Acre
  • $265,968 per Acre

  lot 1 Rainbow Dr, Rainbow City, AL 35906

  Build your dream lake house on this stunning waterfront lot along the beautiful Coosa River, where breathtaking sunset views await you every evening. This prime property offers direct lake access, making it perfect for boating, fishing, kayaking, and swimming, all just steps from your future back porch. With a gently sloping terrain, serene natural surroundings, and ample space for your custom

  Stephanie Megois KW Gadsden

  lot 1 Rainbow Dr, Rainbow City, AL 35906
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  /6

  $164,900

  • Land
  • 0.62 Acre
  • $265,968 per Acre

  1 Rainbow Dr, Rainbow City, AL 35906

  Build your dream lake house on this stunning waterfront lot along the beautiful Coosa River, where breathtaking sunset views await you every evening. This prime property offers direct lake access, making it perfect for boating, fishing, kayaking, and swimming, all just steps from your future back porch. With a gently sloping terrain, serene natural surroundings, and ample space for your custom

  Stephanie Megois Keller Williams-Gadsden

  1 Rainbow Dr, Rainbow City, AL 35906
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  /7

  $1,599,999

  • Land
  • 6.3 Acres
  • $253,968 per Acre

  0 Langdon St Unit 21434466, Rainbow City, AL 35906

  RAINBOW CITY – COMMERCIAL OPPORTUNITYPrime 6.3 ± acre property in a strategic, high-visibility location with an impressive traffic count of approximately 22,000 (per ALDOT) and a population of 10,349. Zoned Commercial, this versatile site offers endless development possibilities—ideal for retail, office, service, or mixed-use projects.Surrounded by established businesses, to include

  Linda Pritchett Kelly Right Real Estate of Ala

  0 Langdon St Unit 21434466, Rainbow City, AL 35906
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  /2

  $49,900

  • Land
  • 0.4 Acre
  • $124,750 per Acre

  205 Vera Ln, Rainbow City, AL 35906

  Deed Restrictions *Common Ownership with J.P King*

  Trey Perman J. P. King Auction Co, Inc.

  205 Vera Ln, Rainbow City, AL 35906
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  /3

  $24,900

  • Land
  • 0.56 Acre
  • $44,464 per Acre

  Lot 21 Sweetwater Ln, Rainbow City, AL 35906

  RAINBOW CITY- SWEETWATER PLANTATION- CORNER LOT- Level building lot in the beautiful Sweetwater Plantation neighborhood! Established neighborhood. Restrictions & covenants for your protection. $24,900!

  Wes Sutton Corporate South Realty,Inc

  Lot 21 Sweetwater Ln, Rainbow City, AL 35906
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  /2

  $12,500

  • Land
  • 0 Acre

  386 Creekview Dr, Rainbow City, AL 35906

  Great lot off of Riddles Bend Road in the Canoe Creek Area. Perfect lot to build your home

  Diane Dykes Clokey Realty Inc

  386 Creekview Dr, Rainbow City, AL 35906
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  /2

  $95,500

  • Land
  • 0.75 Acre
  • $127,333 per Acre

  4012 (.75acre) Highway 411, Rainbow City, AL 35906

  This property is located on hwy 411 and Oliver dr. in Rainbow City. The .75+/- acre has over 300 feet of road frontage on highway 411 and is a corner lot along Oliver drive. The property is zoned commercial and/or residential and offers the versatility of both.

  John Blackwell Impact Realty, LLC

  4012 (.75acre) Highway 411, Rainbow City, AL 35906
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  /2

  $49,900

  • Land
  • 0.4 Acre
  • $124,750 per Acre

  206 Vera Ln, Rainbow City, AL 35906

  Deed Restrictions *Common Ownership with J.P King*

  Trey Perman J. P. King Auction Co, Inc.

  206 Vera Ln, Rainbow City, AL 35906
• 

  

  /9

  $59,900

  • Land
  • 0.79 Acre
  • $75,823 per Acre

  Lot Hummingbird Way, Rainbow City, AL 35906

  Bob Klein Corporate South Realty,Inc

  Lot Hummingbird Way, Rainbow City, AL 35906
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  /12

  $159,900

  • Land
  • 0.85 Acre
  • $188,118 per Acre

  4 Rainbow Dr, Rainbow City, AL 35906

  WATERFRONT | RAINBOW CITY | SOUTHLAND SHORES | Friendly laying building lot conveniently located in Rainbow City on peaceful Canoe Creek, offering main channel access! Mainly level w/ a gentle slope this lot is still partially wooded, offering great privacy. Near shopping & stores, this is a great lot for a weekend get away/fishing/nature watching or as a primary residence. Restrictions in place

  Wes Sutton Corporate South Realty,Inc

  4 Rainbow Dr, Rainbow City, AL 35906

Showing Results 1 - 40, Page 1 of 2

Why Live in Rainbow City

Rainbow City, Alabama, is a growing community of around 10,000 residents located along the Coosa River, just south of Gadsden in Northeast Alabama. Known for its suburban character and well-maintained housing, Rainbow City features a mix of ranch and new traditional homes on smaller lots near the city center, while larger Craftsman and Colonial-influenced houses with expansive lots are found in more rural areas, some with riverfront views. The city offers various recreational activities, particularly on the Coosa River, with amenities such as Rainbow Landing's boat slip, fishing pier, and picnic pavilions. Rainbow City Park includes a playground and courts for pickleball and tennis, while the Vivian Lee Maddox Sports Complex provides multiple baseball and multipurpose fields, along with a walking path.

Education in Rainbow City is served by the Etowah County Schools district, with John S. Jones Elementary receiving high ratings. For shopping and dining, Rainbow Drive is the main thoroughfare, featuring shopping centers like Rainbow Crossing and The Village, as well as numerous fast-food restaurants and grocery stores. The Rainbow City Farmers Market, held on Monday and Wednesday mornings during warmer months, is a popular local event.

Residents often commute to nearby Gadsden for employment, with significant employers including the area's remaining manufacturing industries and two medical centers. The city benefits from lower crime rates compared to national and state averages, contributing to its appeal. Rainbow City experiences hot, humid summers with occasional severe storms and cooler winters, typical of the Deep South climate.

Learn more about living in Rainbow City

Frequently Asked Questions

What is the average home price in Rainbow City, AL?

Homes for sale in Rainbow City, AL have an average home price of $376,207.

How many homes have sold over the last 12 months in Rainbow City, AL?

103 homes have sold in Rainbow City, AL over the last 12 months.

What are the most popular zip codes in Rainbow City, AL?

The most popular zip codes in Rainbow City, AL include 35906, 35907, 35953, 35901 and 35954.

How much do you need to make to afford a house in Rainbow City?

The median home price in Rainbow City is $289,900. If you put a 20% down payment of $58,000 and had a 30-year fixed mortgage with an interest rate of 6.38%, your estimated principal and interest payment would be $1,450 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Rainbow City. Learn how much home you can afford with our Home Affordability Calculator.

How are the schools in Rainbow City, AL?

Rainbow City, AL has highly rated public and private schools. Some of the best schools in Rainbow City based on Niche Grades are Eura Brown Elementary School, John S. Jones Elementary School and Ashville Elementary School. Browse all the schools in Rainbow City, AL to learn more.

Home Trends in Rainbow City, AL

On average, homes in Rainbow City, AL sell after 86 days on the market compared to the national average of 55 days. The median sale price for homes in Rainbow City, AL over the last 12 months is $255,000, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$255,000

Median Single Family Sale Price

$274,900

Average Price Per Sq Ft

$153

Number of Homes for Sale

27

Last 12 months Home Sales

103

Months of Supply

3.10

Median List Price

$289,900

Median Change From 1st List Price

4%

Median Home Sale Price YoY Change

3%