Rainbow Gardens
Homes for Sale in Miami Gardens, FL

All 82 homes for sale in Miami Gardens, FL · median $229,500 · 32 homes for sale in 33054 · Miami-Dade County homes for sale

Community in Miami Gardens · Miami-Dade County · ZIP 33054
Median sale $382K
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Live Market Pulse
37/100
Market Heat
Cooler than normal
2020 → 2026 · 85 at the 2022 peak
0 is Rainbow Gardens's coldest market since 2020, 100 its hottest. Today: 37. How it's scored

Photo via MIAMI MLS

Built fromLive MIAMI MLS data11 years of closingsUpdated twice daily

As of September 2026, Rainbow Gardens in Miami Gardens, FL has 3 homes for sale. Over the 12 months ending 2026-09-20, 4 recorded sales closed at a median of $382,500, $319 per square foot, a median 69 days on market, sellers accepting 98% of original asking (-24% versus the prior year). Homes listed or recently sold were built 1953–1971. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $6,730 ($6,020 with the full homestead exemption).

RAINBOW GARDENS key facts
LocationMiami Gardens, Miami-Dade County, FL · ZIP 33054
Sale prices, last 12 months$382,500 median across 4 closed sales · $319 per sq ft · -23.5% vs the prior 12 months
Days on market (closed sales)69 median
For sale right now3 active, 2 pending · median asking $450,000

Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2015 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “RAINBOW GARDENS key facts,” movewithmomentum.com/neighborhoods/rainbow-gardens, data as of September 20, 2026.

Last 30 days in Rainbow Gardens: 2 new listings (median asking $424,500), 1 under contract right now. As of September 23, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.

Live · Rainbow Gardens Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$382K ▼
Median sold · 12 mo
down 23.5% vs the prior 12 months
-23.5% ▼
1-yr price change
n = 4 and 3 sales in the two windows
$319/sf
Sold $/sqft · 12 mo
peak $326 in 2023
97.6%
Sale vs ask
Tempo
70days
Median DOM · closed
6 days at the 2022 low
40%
Under contract
Miami-Dade: 18% (3,367 of 18,681)
3 · 2
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 11 years of records
1,375sqft
Median sold home size
12-mo windows, closed sales

Homes For Sale Right Now in Rainbow Gardens

Live MLS inventory for Rainbow Gardens. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending Rainbow Gardens listings as of 2026-09-23, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2015 through 2026. Tap any home to ask about it.

Every Home for Sale in Rainbow Gardens Right Now (4)

All 4 active and pending Rainbow Gardens listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 1628 NW 154th Street · $399,000 · 3 bd / 1 ba · listed Sep 12, 2026 · listed by London Street Realty
  • 15251 Railroad Dr · $450,000 · 4 bd / 2 ba · listed Sep 11, 2026 · listed by Fortune Christie's Intl R.E.
  • 15200 Railroad Dr · $390,000 · 2 bd / 1 ba · pending · listed Aug 20, 2026 · listed by Grand Real Estate Agents LLC
  • 15151 Railroad Dr · $510,000 · 4 bd / 2 ba · listed Jun 27, 2026 · listed by The Keyes Company
Jon Brooks, founder of Momentum Realty
Jon's Current Read

Rainbow Gardens is a thin-data market right now — only four closings in the current window — so treat the $460,000 median as a directional marker, not a settled price point. At a median $319.84 per square foot, pricing here is tied closely to individual home condition and size rather than any community-wide amenity premium, since MLS listings show none identified.

A median 94 days on market tells the real story: this is not a fast-moving segment. Sellers should price to condition from day one rather than testing the market, and buyers have room to negotiate on terms, timeline, or repair credits rather than racing a deadline.

Rainbow Gardens Housing Pulse · Momentum Research · as of September 20, 2026

Rainbow Gardens right now

🔴 Off the recent peak. The trailing-12-month median ($382K) is down 23.5% from the prior 12 months ($500K). With about 4 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 20. Confidence: Low (4 and 3 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated September 27, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

Rainbow Gardens market snapshot (as of September 20, 2026): the median sale price is about $382K ($319 per sq ft over the trailing 12 months of closed sales), and a median 70 days on market for closed sales. The trailing-12-month median is down 24% from the prior 12 months, computed from record-level MIAMI MLS closed sales (4 closings in the current window).

In ZIP 33054 (Miami Gardens), 132 homes closed in the last 12 months at a median of $442K ($419/sq ft), up 2.9% year over year, with a median 46 days on market. Right now 46 active and 24 pending listings — a healthy market. See the live ZIP 33054 housing market and the Miami-Dade County market.

MIAMI REALTORS sales records identify 59 homes in RAINBOW GARDENS that have changed hands since 2006, built between 1925 and 2025 (median 1970), with a median living area of about 1,250 sq ft and a typical 3-bedroom, 2-bath layout; 100% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.

Rainbow Gardens trades on the fundamentals of the home itself — square footage, condition, lot — with no community amenities listed in current MLS data to factor into value.

Best for

  • Buyers prioritizing home condition and square footage over community amenities
  • Buyers comfortable negotiating in a slower-moving, thinly-traded market
  • Sellers willing to price carefully to current condition rather than test the market

Probably not for

  • Buyers who want an HOA-managed amenity package as part of the purchase
  • Sellers expecting a quick sale on a tight timeline
  • Buyers who rely heavily on dense recent-comp data to set an offer price

Windows contain 0 to 7 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2015 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$200K$300K$400K$500K201620182020202220242026
Down 23.5% year over year.
Every sale since 2015 · price vs size
$0$200K$400K$600K1k2k2k2k
38 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$200$250$300201620182020202220242026
Up from $193 in 2015 to a $326 peak in 2023; $319 now.
Median days on market · closed sales
050100201620182020202220242026
6 days at the 2022 low; 70 now.
Sale price vs original ask · median
95%100%201620182020202220242026
97.6% now.
Homes sold per 12-mo window
0246201620182020202220242026
0 to 7 a year; 4 in the current window.
Market Heat · 0 coldest, 100 hottest in the record
20406080seller-leaningbuyer-leaning2020202220242026
85 at the 2022 peak, 27 in the troughs, 37 now. Same score as the hero card, full history.
How much local inventory is already under contract

36% of homes for sale in ZIP 33054 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-09-25).

Rainbow Gardens Market Scorecard

Balanced

Rainbow Gardens is currently a balanced market., a median asking price of $450,000, and homes go under contract in about 25 days.

$450,000
Median list
$382,500
Median sold
$371
List $/sqft
25
Days on mkt
3/1/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

If we were buying in Rainbow Gardens today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Rainbow Gardens.

Best Buy
Buyers and sellers focused on the individual home rather than a community amenity package.
Biggest Risk
Limited recent closings mean pricing precision is lower than in higher-volume markets.
Sweet Spot
Well-priced, move-in-ready homes that don't need to compete on amenities.
Avoid If
You need a fast, predictable sale timeline or a community with organized shared amenities.

Pricing by the home, not the label

With just four closings feeding the current snapshot, Rainbow Gardens doesn't yet have the volume to support tight pricing bands. The $460,000 median and $319.84 median price per square foot give a baseline, but a wide spread between individual sales is likely given the small sample — buyers and sellers should expect condition and updates to move the needle more than location comps alone.

The median 94-day time on market is the more telling number for anyone transacting here now. That pace suggests homes are sitting through more of the buyer decision cycle before going under contract, which puts the burden on accurate initial pricing rather than momentum-driven urgency.

“

The location and the amenities are priced into every listing in Rainbow Gardens. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market with only four recent closings, pricing a home well or evaluating an offer requires reading beyond the headline median — we walk the comps individually with you rather than leaning on a thin dataset alone.

Rainbow Gardens in 15 seconds.

Best forBuyers and sellers focused on the individual home rather than a community amenity package.
Biggest advantageNegotiating room exists given the 94-day median time on market.
Biggest riskLimited recent closings mean pricing precision is lower than in higher-volume markets.
Sweet spotWell-priced, move-in-ready homes that don't need to compete on amenities.
Avoid ifYou need a fast, predictable sale timeline or a community with organized shared amenities.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Rainbow Gardens homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in Rainbow Gardens.
In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Rainbow Gardens sales matched to your home.

What is your Rainbow Gardens home worth?

Get a no-obligation home value based on real comparable sales in Rainbow Gardens, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See all homes for sale in Miami Gardens →

Real comps, not an automated estimate.

Recently off market in RAINBOW GARDENS

Homes in RAINBOW GARDENS that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.

Frequently Asked Questions

What is the median home price in Rainbow Gardens?
The median sale price in Rainbow Gardens was $382K over the 12 months ending September 20, 2026 (4 closed sales, MIAMI MLS).
How long do homes in Rainbow Gardens take to sell?
Homes that closed in the 12 months ending September 20, 2026 took a median 70 days on market (4 sales, MIAMI MLS).
Who is the best real estate agent for Rainbow Gardens?
The best agent for Rainbow Gardens is one who actively works Miami Gardens and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Rainbow Gardens.
How do I find a top Miami Gardens real estate agent who knows Rainbow Gardens?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Rainbow Gardens and the wider Miami Gardens area.
Can Momentum Realty connect me with an agent for Rainbow Gardens?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Rainbow Gardens purchase or sale - no call center and no pressure.
Where is Rainbow Gardens, and what county is it in?
Rainbow Gardens is in Miami Gardens, Miami-Dade County, FL, ZIP 33054.
Buyers prioritizing home condition and square footage over community amenitiesExcellent fit
Buyers comfortable negotiating in a slower-moving, thinly-traded marketExcellent fit
Sellers willing to price carefully to current condition rather than test the marketExcellent fit
Buyers who want an HOA-managed amenity package as part of the purchaseProbably not
Sellers expecting a quick sale on a tight timelineProbably not
Buyers who rely heavily on dense recent-comp data to set an offer priceProbably not

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: September 23, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending September 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-09-20
Historical depthClosed-sale records back to 2015 (38 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

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Nearby Communities

Explore more neighborhoods near Rainbow Gardens with Momentum Realty’s local guides.

Rainbow Park0.2 mi away · 2 for sale1A1St Addn To Magnolia Sub0.4 mi away · median $442K, 6 sales/12 moMMMagnolia Miami0.4 mi awayMagnolia0.5 mi awayCHCravero Heights0.5 mi away · 1 for saleJeb Estates0.5 mi away · 2 for saleManning Gardens0.5 mi away · median $557K, 3 sales/12 mo

Browse all neighborhood guides →

Thinking of selling in RAINBOW GARDENS? 4 recorded closings; median 69 days on market (window ending 2026-09-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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