RAINBOW PARK UN 02 in OCALA

RAINBOW PARK UN 02
Homes for Sale in OCALA, FL

Community in OCALA · Marion County · ZIP 34481
296 homesBuilt 1962–2024Median sale $240K
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True comps, carrying-cost math, and listings before the portals.

Built fromLive Stellar MLS data5 years of closingsFL DOR public recordsUpdated twice daily
Live · RAINBOW PARK UN 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Price
$240K
Median sold · 12 mo
up 7.8% vs the prior 12 months
+7.8%
1-yr price change
n = 20 and 13 sales in the two windows
$188/sf
Sold $/sqft · 12 mo
peak $197 in 2024
98.7%
Sale vs ask
Marion median: 95.1%
Tempo
52days
Median DOM · closed
6 days at the 2022 low
0 · 0
For sale · pending
live counts, refreshed twice daily
20
Sold · last 12 mo
10-yr average: about 10 a year
Ownership and context
38%
Owner-occupied · RAINBOW PARK UN 02
165 of 430 parcels homesteaded (FL DOR 2025)
62%
Non-owner-occupied · RAINBOW PARK UN 02
incl. 18% trust or LLC-held · 4% out-of-state
0%
Cash buyers · RAINBOW PARK UN 02
0 of 20 sales, 12 mo ending June 2026
296
Homes in the community
plus 134 vacant residential lots · 430 residential parcels (FL DOR 2025)
Track record · 5 years of records
Est. 1962
Community established
homes built 1962-2024, median 2007 (FL DOR 2025)
12
Failed listings · 2026
peaked at 16 in 2023
1,390sqft
Median sold home size
12-mo windows, closed sales
6.8%/yr
Turnover rate
about 20 of 296 homes trade a year
RAINBOW PARK UN 02 Housing Pulse · Momentum Research · as of August 2, 2026

RAINBOW PARK UN 02 right now

🟡 Still climbing. The trailing-12-month median ($240K) is up 7.8% from the prior 12 months ($223K). With about a dozen 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 Stellar MLS closed sales, 12-month windows ending August 2. Confidence: Medium (20 and 13 sales in the two windows).

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

Updated August 2, 2026 · Live data: Stellar MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

RAINBOW PARK UN 02 market snapshot (as of August 2, 2026): the median sale price is about $240K ($188 per sq ft over the trailing 12 months of closed sales), and a median 52 days on market for closed sales. The trailing-12-month median is up 8% from the prior 12 months, computed from record-level Stellar MLS closed sales (20 closings in the current window).

RAINBOW PARK UN 02 is a community of 296 homes in OCALA, Marion County, built between 1962 and 2024 (median 2007.0), with a median living area of about 1,361 square feet. 38% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 20 sales each (20 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on Stellar MLS data distributed by MLS GRID for the period 2021 through 2026. Deemed reliable but not guaranteed.

Every sale since 2021 · price vs size
$0$100K$200K1k2k
57 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
01020202220242026
0 to 20 a year; 20 in the current window.
Sellers who gave up · failed listings per year
051015201620182020202220242026
Canceled, expired, or withdrawn. 16 quit in 2023; 12 so far in 2026. The clearest stress gauge a community has.

The real cost & risk here

Before the list price, the Florida math the portals skip. These are Marion County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.

$1,629/mo
Marion County typical true cost to own
$105/mo
Marion County typical home insurance
Check CDD
Confirm before you offer

County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.

Rainbow Park Unit 2 Market Scorecard

Thin data

Rainbow Park Unit 2 is currently a thin data market. Limited supply, a median asking price of n/a.

n/a
Months supply
n/a
Median list
n/a
Median sold
n/a
Per sqft
n/a
Days on mkt
0/0/0
Active/Pend/Sold

Go deeper: true cost calculator · affordability calculator.

Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.

Housing distress & ownership in RAINBOW PARK UN 02, OCALA

Who owns here, how much is not owner-occupied, and how much for-sale inventory is under distress.

Active inventory in distress
0.0%
0 of 39 listings
Distress share trend - 0.0% now (2026-08-10 → 2026-08-11)

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. Based on Stellar MLS data distributed by MLS GRID for the period August 2026 through August 2026. Deemed reliable but not guaranteed.

Schools

In short
  • Marion County Public Schools
  • Verify the zoned schools by address
  • Magnet and choice options may be available
  • Marion County Public Schools (verify by address) · Public
  • Confirm zoned elementary, middle, and high · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent RAINBOW PARK UN 02 listings and can change; always confirm with Marion County Public Schools for a specific address.

Buying with schools in mind? We can confirm the exact zoned schools for any RAINBOW PARK UN 02 address.

Recent Developments in Rainbow Park Un 02

Development, infrastructure, retail, and school activity affecting Rainbow Park Un 02, tracked by our team and summarized from public reporting and official sources, with links to the original coverage. Last updated July 2026.

Dev Momentum74/100 · High
  1. May 2026
    Development

    Leena Ocala breaks ground with 360 apartments and townhomes near Ocala International Airport

    Merrimac Ventures broke ground on Leena Ocala, a 360-unit garden-style community with 300 apartments and 60 townhomes at Southwest 60th Avenue and Southwest 52nd Street in southwest Ocala, with first deliveries expected in late 2027 and full completion around 2028.

    What it may mean for the marketA new rental community of this size adds housing near the airport and the Southwest 60th Avenue corridor, a factor that can influence demand for nearby Ocala communities. The project is about 9 miles east of Rainbow Park Un 02, elsewhere in Marion County.

    Source: Florida YIMBY
  2. May 2026
    Development

    Ocala approves large mixed-use development with up to 2,700 residences in southwest Ocala

    The Ocala City Council approved a mixed-use development on about 251 acres along Southwest 43rd Court in southwest Ocala, clearing the way for up to roughly 2,700 residential units along with nearly one million square feet of commercial, office, and retail space.

    What it may mean for the marketA mixed-use community of this scale adds substantial future housing and commercial space to southwest Ocala, the kind of growth that can shape demand and pricing for nearby communities. The project is about 11 miles east of Rainbow Park Un 02, elsewhere in Marion County.

    Source: Ocala-News
  3. May 2026
    Development

    World Equestrian Center buys adjacent Ocala horse farm for 4.5 million dollars

    The World Equestrian Center purchased an adjacent Ocala horse farm for about 4.5 million dollars, continuing the ongoing expansion of the equestrian and hospitality complex on the northwest side of Ocala.

    What it may mean for the marketContinued expansion of the World Equestrian Center adds economic activity on the northwest side of Ocala, the kind of growth that can shape demand for nearby communities. The site is about 8 miles east of Rainbow Park Un 02.

    Source: Ocala-News
  4. December 2025
    Retail & Dining

    The Shoppes Off 80th outdoor retail center planned near World Equestrian Center in Ocala

    The Shoppes Off 80th, an outdoor shopping center at 1750 Northwest 80th Avenue near the World Equestrian Center in Ocala, is slated to open in 2026, adding retail on the northwest side of the city.

    What it may mean for the marketA new retail center adds shopping and dining options on the northwest side of Ocala, part of the mix that shapes daily convenience for nearby communities. The project is about 8 miles east of Rainbow Park Un 02, elsewhere in Marion County.

    Source: 352today
  5. December 2025
    Retail & Dining

    Raising Canes to open on Southwest College Road in Ocala

    A Raising Canes restaurant is planned at 2410 Southwest College Road in the Ocala West shopping plaza along the State Road 200 corridor, adding a dining option in a busy retail area.

    What it may mean for the marketA new restaurant along the State Road 200 corridor adds to the dining and retail mix that shapes daily convenience for nearby Ocala communities. The project is about 11 miles east of Rainbow Park Un 02, elsewhere in Marion County.

    Source: 352today
  6. December 2025
    Development

    AC Hotel with more than 150 rooms planned in downtown Ocala

    An AC Hotel with more than 150 rooms is planned at 210 West Silver Springs Boulevard in downtown Ocala, expected to open in late 2026 and adding lodging to the downtown core.

    What it may mean for the marketA new downtown hotel adds activity and investment to the Ocala core, part of the growth that can shape demand for nearby communities. The project is about 14 miles east of Rainbow Park Un 02, elsewhere in Marion County.

    Source: 352today

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Summaries reflect public reporting and official sources linked above as of the dates shown. Project details, timelines, and approvals can change. Commentary on potential market effects is general observation, not investment advice or a prediction for any specific property. For the freshest items across the whole region, see This Week in Northeast Florida.

If we were buying in RAINBOW PARK UN 02 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 PARK UN 02.

A closer look at the RAINBOW PARK UN 02 market

At a median of $188 per square foot, RAINBOW PARK UN 02 prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.

The trailing-12-month median up 8% year over year. Homes that do trade take a median 52 days on market, useful leverage on any listing that has lingered.

The housing stock is 296 homes built between 1962 and 2024, and 38% of parcels are homesteaded — the owner-occupancy proxy in the Florida DOR assessment roll.

The location and the amenities are priced into every listing in RAINBOW PARK UN 02. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
7.0B · Buy Score
Recent Direction8.0/10
Owner Commitment3.8/10
Pricing Power9.1/10

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 3 factors (7.0). Basis: Recent Direction +7.8% year-over-year; Owner Commitment 38% owner-occupied; Pricing Power 98.7% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

In short
  • Mandatory HOA - confirm current dues
  • 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 PARK UN 02 sales matched to your home.

What is your RAINBOW PARK UN 02 home worth?

Get a no-obligation home value based on real comparable sales in RAINBOW PARK UN 02, 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 homes for sale in RAINBOW PARK UN 02 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in RAINBOW PARK UN 02?
The median sale price in RAINBOW PARK UN 02 was $240K over the 12 months ending August 2, 2026 (20 closed sales, Stellar MLS).
How long do homes in RAINBOW PARK UN 02 take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 52 days on market (20 sales, Stellar MLS).
How many homes are in RAINBOW PARK UN 02?
The Florida DOR 2025 assessment roll shows 296 homes plus 134 vacant residential lots in RAINBOW PARK UN 02 (public records).
What share of RAINBOW PARK UN 02 is owner-occupied?
38% of RAINBOW PARK UN 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in RAINBOW PARK UN 02 built?
Homes in RAINBOW PARK UN 02 were built between 1962 and 2024, with a median year built of 2007.0 (FL DOR 2025 roll).
Do cash buyers compete in RAINBOW PARK UN 02?
Cash buyers took 0% of RAINBOW PARK UN 02 sales in the 12 months ending June 2026 (0 of 20 closings, Stellar MLS).
What schools serve RAINBOW PARK UN 02?
RAINBOW PARK UN 02 is served by Marion County Public Schools, typically Marion County Public Schools (verify by address) and Confirm zoned elementary, middle, and high. Confirm the exact zoning by address with the district.
Who is the best real estate agent for RAINBOW PARK UN 02?
The best agent for RAINBOW PARK UN 02 is one who actively works OCALA 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 PARK UN 02.
How do I find a top OCALA real estate agent who knows RAINBOW PARK UN 02?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows RAINBOW PARK UN 02 and the wider OCALA area.
Can Momentum Realty connect me with an agent for RAINBOW PARK UN 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your RAINBOW PARK UN 02 purchase or sale - no call center and no pressure.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: June 30, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (14 streets, ZIP 34481))
Under-contract sharesStellar MLS records, as of 2026-08-01
Schools2025-26 district assignments + FLDOE school grades; verify with the district
Historical depthClosed-sale records back to 2021 (57 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 Stellar 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 Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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Thinking of selling in RAINBOW PARK UN 02? 20 recorded closings; median 52 days on market (window ending 2026-08-02). See the Marion 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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