What is the median home value in Rainbow Park, FL?

The median value of owner-occupied homes in Rainbow Park, FL is $197,600 (±$19,595), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$197,600 (±$19,595)
Owner-occupied homes
605 (±165)
Most common range
$200,000 to $299,999

Home values in Rainbow Park

Owner-occupied homes by value, 2020–2024
ValueRainbow ParkMarion CountyFloridaUnited States
Less than $50,0006.3% (±5.7 points)7.8%4.9%5.3%
$50,000 to $99,9996.6% (±8.4 points)8.2%4.3%6.1%
$100,000 to $149,9998.6% (±12.5 points)9.0%4.6%6.8%
$150,000 to $199,99930.9% (±16.9 points)12.7%6.8%9.0%
$200,000 to $299,99938.0% (±14.7 points)26.7%17.9%17.8%
$300,000 to $499,9997.6% (±8.0 points)26.4%34.5%26.9%
$500,000 to $999,9992.0% (±3.8 points)7.5%21.1%20.9%
$1,000,000 or more0.0% (±8.3 points)1.7%5.9%7.1%

The most common range is $200,000 to $299,999, 38.0% 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 Park against Marion County, its state and the nation

Estimate (90% margin of error)
Rainbow ParkMarion CountyFloridaUnited States
Median home value$197,600 (±$19,595)$243,100 (±$4,168)$359,000 (±$930)$332,700
Owner-occupied homes605 (±165)127,737 (±1,558)5,918,647 (±31,594)84,210,142

In Rainbow Park, 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 Park ranks 10 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 688 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 Park

Nearest places with a published estimate, compared with Rainbow Park
PlaceDistanceMedian home valueCompared with this place
Rainbow Park—$197,600 (±$19,595)—
Ocala Estates4.1 mi$152,900 (±$97,891)Not measurably different
On Top of the World6.2 mi$303,900 (±$16,669)Higher
Rainbow Springs6.7 mi$310,600 (±$25,778)Higher
Dunnellon8.2 mi$168,200 (±$65,360)Not measurably different
Rainbow Lakes Estates8.8 mi$160,400 (±$25,440)Lower
Liberty Triangle11 mi$275,500 (±$12,703)Higher
Ocala13 mi$241,400 (±$12,251)Higher
Citrus Springs13 mi$240,000 (±$9,697)Higher

Nearby places with a measurably lower figure: Rainbow Lakes Estates, FL ($160,400).

Nearby places with a measurably higher figure: On Top of the World, FL ($303,900), Rainbow Springs, FL ($310,600), Liberty Triangle, FL ($275,500).

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

RankPlaceMedian home value
4McIntosh$275,000 (±$162,145)
5Marion Oaks$257,700 (±$13,261)
6Ocala$241,400 (±$12,251)
7Silver Springs Shores East$233,100 (±$27,972)
8Belleview$210,200 (±$22,071)
9Silver Springs Shores$201,300 (±$9,931)
10Rainbow Park$197,600 (±$19,595)
11Ocklawaha$189,700 (±$25,630)
12Dunnellon$168,200 (±$65,360)
13Rainbow Lakes Estates$160,400 (±$25,440)
14Ocala Estates$152,900 (±$97,891)
15Reddick$126,400 (±$95,996)
16Lake Kerr$109,800 (±$52,371)

Showing 13 of 17 places in Marion County, ranked from highest to lowest.

Rainbow Park 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 Park

What is the average home value in Rainbow Park, FL?

The Census Bureau publishes the median: $197,600 (±$19,595) for owner-occupied homes in Rainbow Park (2020–2024 American Community Survey).

Is this what homes in Rainbow Park 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

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 Park CDP, Florida (place:59466, 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.

Request a Census API 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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