The median home value in Rainbow City, AL is $287,000. This is higher than the county median home value of $159,900. The national median home value is $308,980. The average price of homes sold in Rainbow City, AL is $287,000. Approximately 58% of Rainbow City homes are owned, compared to 33% rented, while 9% are vacant. Rainbow City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Rainbow City real estate agent to arrange a tour today! Learn more about Rainbow City Real Estate.
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