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

The median value of owner-occupied homes in Rainbow Springs, FL is $310,600 (±$25,778), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$310,600 (±$25,778)
Owner-occupied homes
2,628 (±347)
Most common range
$300,000 to $499,999

Home values in Rainbow Springs

Owner-occupied homes by value, 2020–2024
ValueRainbow SpringsMarion CountyFloridaUnited States
Less than $50,0004.2% (±2.9 points)7.8%4.9%5.3%
$50,000 to $99,9990.0% (±2.0 points)8.2%4.3%6.1%
$100,000 to $149,9994.4% (±3.8 points)9.0%4.6%6.8%
$150,000 to $199,9998.7% (±5.3 points)12.7%6.8%9.0%
$200,000 to $299,99929.9% (±6.6 points)26.7%17.9%17.8%
$300,000 to $499,99946.2% (±7.0 points)26.4%34.5%26.9%
$500,000 to $999,9996.7% (±6.1 points)7.5%21.1%20.9%
$1,000,000 or more0.0% (±2.0 points)1.7%5.9%7.1%

The most common range is $300,000 to $499,999, 46.2% 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 Springs against Marion County, its state and the nation

Estimate (90% margin of error)
Rainbow SpringsMarion CountyFloridaUnited States
Median home value$310,600 (±$25,778)$243,100 (±$4,168)$359,000 (±$930)$332,700
Owner-occupied homes2,628 (±347)127,737 (±1,558)5,918,647 (±31,594)84,210,142

In Rainbow Springs, the median home value is higher than in Marion County ($243,100).

It is also lower than in Florida ($359,000).

It is not measurably different from the national figure ($332,700).

In Marion County, Rainbow Springs ranks 1 of 17 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 465 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 Springs

Nearest places with a published estimate, compared with Rainbow Springs
PlaceDistanceMedian home valueCompared with this place
Rainbow Springs—$310,600 (±$25,778)—
Dunnellon2.8 mi$168,200 (±$65,360)Lower
Rainbow Lakes Estates6.0 mi$160,400 (±$25,440)Lower
Rainbow Park6.7 mi$197,600 (±$19,595)Lower
Citrus Springs7.3 mi$240,000 (±$9,697)Lower
On Top of the World9.4 mi$303,900 (±$16,669)Not measurably different
Hernando10 mi$209,700 (±$28,620)Lower
Ocala Estates11 mi$152,900 (±$97,891)Lower
Pine Ridge (Citrus County)12 mi$384,800 (±$25,339)Higher

Nearby places with a measurably lower figure: Dunnellon, FL ($168,200), Rainbow Lakes Estates, FL ($160,400), Rainbow Park, FL ($197,600).

Nearby places with a measurably higher figure: Pine Ridge (Citrus County), FL ($384,800).

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
1Rainbow Springs$310,600 (±$25,778)
2On Top of the World$303,900 (±$16,669)
3Liberty Triangle$275,500 (±$12,703)
4McIntosh$275,000 (±$162,145)
5Marion Oaks$257,700 (±$13,261)
6Ocala$241,400 (±$12,251)
7Silver Springs Shores East$233,100 (±$27,972)

Showing 7 of 17 places in Marion County, ranked from highest to lowest.

Rainbow Springs 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 Springs

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

The Census Bureau publishes the median: $310,600 (±$25,778) for owner-occupied homes in Rainbow Springs (2020–2024 American Community Survey).

Is this what homes in Rainbow Springs 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 Springs CDP, Florida (place:59470, 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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