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Rainbow Park, FL Housing
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United States
/
Florida
/
Ocala Metro Area
/
Marion County
/ Rainbow Park /
Zip Codes
EXPLORE RAINBOW PARK
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Rainbow Park, FL is an area with a strong housing market. The median value of homes in the area is $169,300, which is significantly lower than the US House Median Value of $338,100. Despite this difference in affordability, Rainbow Park has seen house values appreciate faster than the national average in the last year at 29.30%, compared to 8.27% across the country. This suggests that Rainbow Park is a desirable place to live and that prices are likely to continue increasing over time.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Rainbow Park, Florida
United States
Number of Homes
622.0
139,647,020.0
Median Home Age
24
42
Median Home Cost
$169,300
$338,100
Home Appr. Last 12 months
29.3%
16.6%
Home Appr. Last 5 yrs.
98.0%
57.0%
Home Appr. Last 10 yrs.
175.5%
101.1%
Property Tax Rate
$10.38
$10.98
Property Taxes Paid
$975
$2,690
Homes Owned
89.6%
57.4%
Housing Vacant
0.0%
11.2%
Homes Rented
10.5%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
0.0%
3.6%
Vacant Other
0.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
9.5%
2.6%
$20,000 to $39,999
3.2%
2.4%
$40,000 to $59,999
18.1%
2.8%
$60,000 to $79,999
13.3%
3.9%
$80,000 to $99,999
11.7%
4.5%
$100,000 to $149,999
12.4%
11.3%
$150,000 to $199,999
22.4%
13.0%
$200,000 to $299,999
6.5%
20.1%
$300,000 to $399,999
2.9%
13.6%
$400,000 to $499,999
0.0%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
44.1%
13.6%
2000 to 2009
44.1%
13.6%
1990 to 1999
21.1%
13.6%
1980 to 1989
20.9%
13.2%
1970 to 1979
1.8%
14.8%
1960 to 1969
21.1%
13.6%
1950 to 1959
5.0%
10.0%
1940 to 1949
0.0%
4.7%
1939 or Earlier
0.0%
12.2%
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