Rainbow Park, FL housing market
Homes typically sell in 73 days, close to asking.
Home values, sales, trends and how Rainbow Park compares with the towns next door — updated as new data is published.
Rainbow Park at a glance
A seller's market
Supply is tight — about 3.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Home prices up 59% in 5 years
The federal house price index for the ZIP code around Rainbow Park rose 59% over the past 5 years, about the same as across Florida. Last year prices fell 7.1%. Carrying the Census median home value forward with that index puts the typical Rainbow Park home at roughly $327,000 today.
Show as a table
| Year | Change that year | Since 2000 | Florida since 2000 |
|---|---|---|---|
| 2025 | −7.1% | +194% | +264% |
| 2024 | +7.2% | +217% | +266% |
| 2023 | +9% | +196% | +254% |
| 2022 | +24% | +171% | +226% |
| 2021 | +18% | +119% | +163% |
| 2020 | +5.9% | +85% | +128% |
| 2019 | −1.6% | +75% | +117% |
| 2018 | +16% | +78% | +106% |
| 2017 | +17% | +54% | +90% |
| 2016 | +0.3% | +31% | +76% |
| 2015 | +18% | +31% | +61% |
| 2014 | +5.2% | +11% | +47% |
| 2013 | +2.2% | +5.9% | +34% |
| 2012 | −1.5% | +3.6% | +24% |
| 2011 | −5.3% | +5.2% | +26% |
| 2010 | −23% | +11% | +36% |
| 2009 | −24% | +45% | +50% |
| 2008 | −13% | +91% | +83% |
| 2007 | +3.1% | +119% | +117% |
| 2006 | +22% | +113% | +123% |
| 2005 | +28% | +75% | +92% |
| 2004 | +15% | +37% | +51% |
| 2003 | +10% | +19% | +30% |
| 2002 | −3.9% | +7.8% | +20% |
| 2001 | +12% | +12% | +9.7% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 34481, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
3 years of income
The typical Rainbow Park home costs about 3 years of the town's median household income, less than across Florida (5 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,400
HUD's Fair Market Rent for a two-bedroom in Rainbow Park is $1,400 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Rainbow Park pay a median of $1,443. A two-bedroom takes about 25% of the town's median household income.
Studio $1,150 · 4 bedrooms $1,940
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (34481; Ocala, FL MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.