Rainbow Lakes
Homes for Sale in Boynton Beach, FL
All 1,376 homes for sale in Boynton Beach, FL · median $341,450 · 275 homes for sale in 33437 · Palm Beach County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via Beaches MLS
As of September 2026, Rainbow Lakes Tr E in Boynton Beach, FL has 1 home for sale. Over the 12 months ending 2026-09-20, 5 recorded sales closed at a median of $550,000, $300 per square foot, a median 15 days on market, sellers accepting 98% of original asking (+4% versus the prior year). Homes listed or recently sold were built 1989–1990; 6 of 6 report an HOA (median $205/mo). At the median price and Palm Beach County's FY2025-26 rate of 18.72 mills, annual property tax runs about $10,300 ($9,520 with the full homestead exemption).
Part of Rainbow Lakes, Boynton Beach, FL — see all Rainbow Lakes homes for sale (2 listings across 3 sections in the MLS).
| Location | Boynton Beach, Palm Beach County, FL · ZIP 33437, 33472, 33473 |
|---|---|
| Homes in the community | 208 (FL DOR 2025 assessment roll) |
| Years built | 1988–1991 (median 1989.0) |
| Typical living area | 1,716 sq ft (median) |
| Home types (current listings and sales) | single-family 100% |
| Amenities listed by sellers | Playground, Pool, Tennis Court(s), Basketball Court, Picnic Area, Internet Included |
| Sale prices, last 12 months | $550,000 median across 5 closed sales · $300 per sq ft · +4.5% vs the prior 12 months |
| Days on market (closed sales) | 15 median |
| For sale right now | 1 active, 0 pending · median asking $545,000 · 2.4 months of supply |
| Owner-occupied (homestead) share | 74% |
Data as of September 20, 2026. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “Rainbow Lakes Tr E key facts,” movewithmomentum.com/neighborhoods/rainbow-lakes-tr-e, data as of September 20, 2026.
Last 30 days in Rainbow Lakes: 1 new listing (median asking $545,000). As of September 27, 2026, All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc.
Rainbow Lakes Tr E sits in Boynton Beach's mid-tier residential band, where condition and lot position drive value more than community amenities—MLS records show none for this tract. The median price of $550,000 puts it squarely in the suburban-resale conversation: older stock turning over at prices set by updates, square footage, and whether a home backs to water or neighbors. Buyers here are weighing cost per square foot against finish level, not resort-style extras.
The market is running at a measured pace—homes are closing in just over a month, and year-over-year appreciation of 4.5 percent tracks with stable demand rather than frenzy. Five closings in the trailing window confirm turnover without flood; this is the kind of street where inventory trickles and pricing reflects real negotiation. Sellers with deferred maintenance will sit; well-kept homes with competitive pricing move.
Rainbow Lakes right now
🔴 Seller-leaning market. 2.4 months of supply and 0% of the inventory already under contract give sellers the pressure advantage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Beaches MLS records, as of September 20, 2026. Confidence: Medium (1 active and pending listings, 5 closed sales in 12 months).
🟡 Still climbing. The trailing-12-month median ($550K) is up 4.5% from the prior 12 months ($526K). With about 7 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 Beaches MLS closed sales, 12-month windows ending September 20. Confidence: Low (5 and 10 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated September 28, 2026 · Live data: Beaches MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Rainbow Lakes market snapshot (as of September 20, 2026): the median sale price is about $550K ($300 per sq ft over the trailing 12 months of closed sales), a median 15 days on market for closed sales, and 2.4 months of supply, a seller-leaning market. The trailing-12-month median is up 4% from the prior 12 months, computed from record-level Beaches MLS closed sales (5 closings in the current window).
In ZIP 33437 (Boynton Beach), 1,156 homes closed in the last 12 months at a median of $400K ($233/sq ft), down 2.6% year over year, with a median 51 days on market. Right now 159 active and 88 pending listings put supply at about 3.3 months — a balanced market. See the live ZIP 33437 housing market and the Palm Beach County market.
County records show 19 qualified sales in Rainbow Lakes across 2024–2025 (12 in 2024, 7 in 2025), median $520,000 — the last recorded sale per parcel on the Florida DOR 2025 assessment roll, independent of the MLS.
Rainbow Lakes is a community of 208 homes in Boynton Beach, Palm Beach County, built between 1988 and 1991 (median 1989.0), with a median living area of about 1,716 square feet. 74% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).
Rainbow Lakes Tr E is a Boynton Beach residential tract with no recorded community amenities, where value turns on individual home condition, lot characteristics, and price discipline in a market that rewards updates and punishes deferred maintenance.
The setting & the homes.
Aerial and on-site photos of Rainbow Lakes. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
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Rainbow LakesPhotos from Beaches MLS listings in Rainbow Lakes; content deemed reliable but not guaranteed.
Who Rainbow Lakes is best for.
Best for
- Buyers with capital to invest in updates post-close, comfortable trading amenities for lower carry costs
- Investors hunting stable suburban product near the median who can hold through maintenance cycles
- Boynton Beach employment-tethered buyers prioritizing commute and cost over community programming
Probably not for
- Buyers expecting turnkey finishes and community infrastructure at this price point
- First-time owners unwilling to budget for deferred systems or cosmetic refresh
- Lifestyle buyers seeking resort amenities, walkability, or a neighborhood brand that aids resale
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level Beaches MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($550K) IS the median in the snapshot above, and the move from 2025 ($526K) IS the +4.5% one-year change.
Windows contain 2 to 12 sales each (5 in the current window); every figure carries its sample size, and thin markets swing on single closings. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
23% of homes for sale in ZIP 33472 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 (2026-09-28).
Rainbow Lakes Market Scorecard
Rainbow Lakes is currently a seller-leaning market. About 2.4 months of supply, a median asking price of $545,000, and homes go under contract in about 9 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: Beaches MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
Housing distress & ownership in Rainbow Lakes Tr E, Boynton Beach
Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.
Source: Momentum Realty Research. Ownership & parcels from the FL DOR 2025 tax roll; distress from MLS active-listing status/remarks; price from MLS closed sales. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Deemed reliable but not guaranteed.
Homes For Sale Right Now in Rainbow Lakes
Live MLS inventory for Rainbow Lakes. 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 Lakes listings as of 2026-09-26, priced high to low. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Tap any home to ask about it.
Every Home for Sale in Rainbow Lakes Tr E Right Now (1)
All 1 active and pending Rainbow Lakes Tr E listings with a detail page, newest first, refreshed twice a day from the MLS.
- 5851 Amethyst Court · $545,000 · 3 bd / 2 ba · listed Sep 10, 2026 · listed by William Raveis Real Estate
Rainbow Lakes on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Beaches MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Palm Beach County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Crystal Lakes (Palm Beach) · Elementary
- Christa McAuliffe · Middle
- Park Vista · High
Zoned schools reflect the assignments reported on recent Rainbow Lakes listings and can change; always confirm with Palm Beach County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Rainbow Lakes address.
Shop the zone: Homes zoned for Park Vista High School
The Rainbow Lakes buying strategy.
If we were buying in Rainbow Lakes today, this is the order of operations we would run for our clients.
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.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Come strong and clean. Homes here move, so lead with your best terms and financing ready rather than a low anchor.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
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 Lakes.
A price-per-foot market with no amenity halo
In neighborhoods without pools, clubhouses, or gates, buyers scrutinize every dollar. The median of $328.55 per square foot tells you this is not bargain territory—you are paying Boynton resale rates—but it also means comps matter and condition is king. A neglected roof or original kitchen will drag your offer down; fresh paint, newer HVAC, and modern baths justify ask. The tract's lack of community infrastructure keeps HOA dues low or nonexistent, but it also means you are buying the house, not the lifestyle.
Time on market has settled at just over a month, a tempo that favors prepared buyers who can move on inspection and appraisal without drama. The year-over-year gain is modest and sustainable; this is not a speculation play. Since 2012, values have more than tripled, reflecting broad regional momentum in Palm Beach County—but recent velocity has cooled to a pace where mistakes cost you months, not weeks. If you are chasing a deal, know that the seller across the street is watching your listing as closely as you are watching theirs.
The location and the amenities are priced into every listing in Rainbow Lakes. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Rainbow Lakes buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 4 factors (7.7). Basis: Recent Direction +4.5% year-over-year; Liquidity & Demand 2.4 months of supply; Owner Commitment 74% owner-occupied; Pricing Power 98.1% sale-to-list. Refreshed with each data update.
Why work with Momentum here
Rainbow Lakes Tr E rewards local comp knowledge and unsentimental pricing advice—exactly what Momentum delivers. We will pull every closed sale in the tract, flag the deferred-maintenance listings that are skewing your expectations, and tell you when a seller is testing the market versus serious about moving. In a community with no amenities to sell the story, the story is the spreadsheet, and we run it honestly.
Rainbow Lakes in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $205/month (about $2,460/yr) · median of 48 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $205 per month ($2,460 a year) — the median AssociationFee across 48 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-09.
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Rainbow Lakes buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Rainbow Lakes sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Rainbow Lakes, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Rainbow Lakes home worth?
Get a no-obligation home value based on real comparable sales in Rainbow Lakes, 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 Boynton Beach →
Frequently Asked Questions
What is the median home price in Rainbow Lakes?
How long do homes in Rainbow Lakes take to sell?
Is Rainbow Lakes a buyer's or seller's market right now?
How many homes are in Rainbow Lakes?
What share of Rainbow Lakes is owner-occupied?
When were the homes in Rainbow Lakes built?
Who is the best real estate agent for Rainbow Lakes?
How do I find a top Boynton Beach real estate agent who knows Rainbow Lakes?
Can Momentum Realty connect me with an agent for Rainbow Lakes?
Where is Rainbow Lakes, and what county is it in?
Is Rainbow Lakes a good place to live?
Should you buy in Rainbow Lakes?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Beaches MLS, refreshed twice daily (last: September 26, 2026) |
| Community market stats | Beaches MLS closed sales, 12-month windows ending September 20, 2026 |
| Housing stock & ownership | Florida DOR assessment roll (street-list match (5 streets, ZIP 33437/33472/33473)) |
| Under-contract shares | Beaches MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2002 (138 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 Beaches 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 Beaches MLS member average and 8 days faster, and we’ll price yours against live local comps.
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See how Rainbow Lakes Tr E fits the bigger picture — live prices, inventory, and Momentum Scores:
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