Rainbow Lakes Estates vs Rainbow Park Unit 3

Two Marion communities, compared on the numbers that decide it — price, pace, and supply — from live MLS data as of 2026-09-12.

MetricRainbow Lakes EstatesRainbow Park Unit 3
Median sale price$242K$226K
Price per sq ft$175$185
Avg days on market8 days92 days
Months of supply3.5 mo4.0 mo
MarketBalanced MarketBalanced Market
1-year price changeFalseFalse
Recent closings28827

The verdict

Rainbow Lakes Estates carries the higher median price — about 7% above Rainbow Park Unit 3. Homes in Rainbow Lakes Estates sell faster (8 days on market vs 92). Rainbow Lakes Estates is the tighter market on inventory (3.5 months of supply).

Go deeper on each: Rainbow Lakes Estates homes, photos & schools  ·  Rainbow Park Unit 3 homes, photos & schools

Figures are aggregates from realMLS / DBAAR, updated regularly. Thinking about either? Talk to Momentum Realty.