What is the median home value in Rainbow Lakes Estates, FL?
The median value of owner-occupied homes in Rainbow Lakes Estates, FL is $160,400 (±$25,440), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
Figures last updated on .
- Median home value
- $160,400 (±$25,440)
- Owner-occupied homes
- 1,338 (±437)
- Most common range
- $100,000 to $149,999
Home values in Rainbow Lakes Estates
| Value | Rainbow Lakes Estates | Marion County | Florida | United States |
|---|---|---|---|---|
| Less than $50,000 | 5.2% (±4.7 points) | 7.8% | 4.9% | 5.3% |
| $50,000 to $99,999 | 15.1% (±12.3 points) | 8.2% | 4.3% | 6.1% |
| $100,000 to $149,999 | 23.5% (±18.6 points) | 9.0% | 4.6% | 6.8% |
| $150,000 to $199,999 | 19.5% (±9.8 points) | 12.7% | 6.8% | 9.0% |
| $200,000 to $299,999 | 20.3% (±9.7 points) | 26.7% | 17.9% | 17.8% |
| $300,000 to $499,999 | 14.3% (±10.2 points) | 26.4% | 34.5% | 26.9% |
| $500,000 to $999,999 | 2.2% (±3.0 points) | 7.5% | 21.1% | 20.9% |
| $1,000,000 or more | 0.0% (±3.8 points) | 1.7% | 5.9% | 7.1% |
The most common range is $100,000 to $149,999, 23.5% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Rainbow Lakes Estates against Marion County, its state and the nation
| Rainbow Lakes Estates | Marion County | Florida | United States | |
|---|---|---|---|---|
| Median home value | $160,400 (±$25,440) | $243,100 (±$4,168) | $359,000 (±$930) | $332,700 |
| Owner-occupied homes | 1,338 (±437) | 127,737 (±1,558) | 5,918,647 (±31,594) | 84,210,142 |
In Rainbow Lakes Estates, the median home value is lower than in Marion County ($243,100).
It is also lower than in Florida ($359,000).
It is lower than the national figure ($332,700).
In Marion County, Rainbow Lakes Estates ranks 13 of 17 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 749 of 838.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Median home value in places near Rainbow Lakes Estates
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Rainbow Lakes Estates | — | $160,400 (±$25,440) | — |
| Rainbow Springs | 6.0 mi | $310,600 (±$25,778) | Higher |
| Dunnellon | 8.6 mi | $168,200 (±$65,360) | Not measurably different |
| Rainbow Park | 8.8 mi | $197,600 (±$19,595) | Higher |
| Citrus Springs | 12 mi | $240,000 (±$9,697) | Higher |
| Williston Highlands | 12 mi | $228,400 (±$43,419) | Higher |
| Ocala Estates | 12 mi | $152,900 (±$97,891) | Not measurably different |
| Inglis | 13 mi | $180,700 (±$21,439) | Not measurably different |
| On Top of the World | 14 mi | $303,900 (±$16,669) | Higher |
Nearby places with a measurably higher figure: Rainbow Springs, FL ($310,600), Rainbow Park, FL ($197,600), Citrus Springs, FL ($240,000).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Marion County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 7 | Silver Springs Shores East | $233,100 (±$27,972) |
| 8 | Belleview | $210,200 (±$22,071) |
| 9 | Silver Springs Shores | $201,300 (±$9,931) |
| 10 | Rainbow Park | $197,600 (±$19,595) |
| 11 | Ocklawaha | $189,700 (±$25,630) |
| 12 | Dunnellon | $168,200 (±$65,360) |
| 13 | Rainbow Lakes Estates | $160,400 (±$25,440) |
| 14 | Ocala Estates | $152,900 (±$97,891) |
| 15 | Reddick | $126,400 (±$95,996) |
| 16 | Lake Kerr | $109,800 (±$52,371) |
| 17 | Silver Springs | $30,800 (±$5,227) |
Showing 11 of 17 places in Marion County, ranked from highest to lowest.
Rainbow Lakes Estates is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Rainbow Lakes Estates
What is the average home value in Rainbow Lakes Estates, FL?
The Census Bureau publishes the median: $160,400 (±$25,440) for owner-occupied homes in Rainbow Lakes Estates (2020–2024 American Community Survey).
Is this what homes in Rainbow Lakes Estates sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rainbow Lakes Estates CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Rainbow Lakes Estates CDP, Florida
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Rainbow Lakes Estates CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Rainbow Lakes Estates CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Rainbow Lakes Estates CDP, Florida (place:59450, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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