501 Rainbow Drive

Estimated Home Value Range

Low Estimated High
$523,890 $640,250 $949,987

Analysis: Your home of interest was recently on the market (2016-03-31) and had a price adjustment of 0%. Its size of 5,821 Sqft is in the upper 50 percentile of selected comparables. Its last asking price of $650,000, at $112 Sqft, is in the lower 50 percentile of our selected sold homes of similar location and size.

Same Street Sales

Rainbow Drive - Previous Sale

Often a good comparable sale to consider, when valuing a home for a listing or offer price, is a recent sale of a similar home on the same street. This home did have 8 same street sales within our database, the most recent occuring in 2023.

Same Street Sales - Last 3 Years

  Low Average High
Price $227,500 $349,438 $465,000
Price Sqft $90 $120 $168
Size Sqft 1,953 3,086 5,165
On Market 28 Days 58 Days 109 Days

Sold 2023 - Same Street

 The Basics
  • Price: Sign In
  • Bedrooms: Bathrooms: 3
  • Subdivision: Rainbow Mountain Heights
  • Garages: 2 Acres: 1.92
  • High School: Bob Jones

Neighborhood Sales

Rainbow Mountain Heights Recent Sales

With 17 recent sales in the neighborhood, the average sales price is $366,141. The following charts highlight the average overall sales activity within the neighborhood over the last three years.

Neighborhood Sales - Last 3 Years

  Low Average High
Price $215,000 $366,141 $625,000
Price Sqft $90 $127 $168
Size Sqft 1,953 3,008 6,150
On Market 21 Days 56 Days 136 Days

Per Year - Recent Sales

  2024 2023 2022 2021
# Sold 1 4 2 5
Avg Price $330,000 $428,500 $390,500 $392,580
Price Sqft $164 $152 $130 $120
Avg DOM 49 Days 44 Days 25 Days 71 Days
Recent Solds Nearby

Exploring recently sold homes nearby is another way to investigate your home value. This sold home map enables you to examine all recently sold homes nearby your selected location.