Rainbow City, AZ is a great place to invest in real estate. The median value for homes in Rainbow City is $163,300, which is significantly lower than the US median of $338,100. In addition to this advantage, house appreciation in Rainbow City is also higher than that of the nation at 14.29%, compared to 8.27% nationally. This means that investing in housing in Rainbow City can provide an excellent return on investments and yield far more profit than other areas of the country.
The median home cost in Rainbow City is $163,300. Home appreciation the last 10 years has been 138.7%. Home Appreciation in Rainbow City is up 18.9%.
Average Age of Homes
- The median age of Rainbow City real estate is 32 years old
The Rental Market in Rainbow City
- Renters make up 28.0% of the Rainbow City population
- 0.0% of houses and apartments in Rainbow City, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.