The housing market in Rainbow, CA is a desirable area for potential homeowners. The median value of housing in Rainbow, CA is $609,400, which is significantly higher than the US median value of $338,100. Additionally, over the past year, housing appreciation in Rainbow was 8.15%, just slightly lower than the national rate of 8.27%. These figures demonstrate that Rainbow is an attractive destination for those looking to invest in real estate and housing prices are likely to remain strong in this area into the future.
The median home cost in Rainbow is $609,400. Home appreciation the last 10 years has been 134.1%. Home Appreciation in Rainbow is up 16.4%.
Average Age of Homes
- The median age of Rainbow real estate is 40 years old
The Rental Market in Rainbow
- Renters make up 21.4% of the Rainbow population
- 0.0% of houses and apartments in Rainbow, 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.