Rainbow Park in Ocala

Rainbow Park
Homes for Sale in Ocala, FL

All 2,688 homes for sale in OCALA, FL · median $290,000 · Marion County homes for sale

Community in Ocala · Marion County · ZIP 34432
647 homesBuilt 1956–2024Median sale $220K
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Built fromLive Stellar MLS data9 years of closingsFL DOR public recordsUpdated twice daily

As of October 2026, Rainbow Park Un 03 in Ocala, FL has 8 homes for sale and 4 pending, asking from $180,000 to $270,000 (median $217,900). Over the 12 months ending 2026-08-02, 16 recorded sales closed at a median of $220,500, $189 per square foot, a median 60 days on market, sellers accepting 97% of original asking (-2% versus the prior year). Homes listed or recently sold were built 2021 - 2026 with 21 new construction; 12 listings state no HOA; none of the 24 geocoded homes sit in a FEMA special flood hazard zone (median elevation 99 ft). At the median price and Marion County's FY2025-26 rate of 12.08 mills, annual property tax runs about $2,660 ($2,220 with the full homestead exemption).

RAINBOW PARK UN 03 key facts
LocationOCALA, Marion County, FL · ZIP 34432, 34481
Homes in the community647 (FL DOR 2025 assessment roll)
Years built1956–2024 (median 2004.0)
Typical living area1,344 sq ft (median)
Home types (current listings and sales)single-family 100%
Sale prices, last 12 months$220,500 median across 16 closed sales · $189 per sq ft · -2.0% vs the prior 12 months
Days on market (closed sales)60 median
For sale right now0 active, 0 pending
Owner-occupied (homestead) share46%
Zoned public schoolsMarion County Public Schools (verify by address); Dunnellon-area zoned schools, confirm assignment; Magnet and choice options may apply

Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2017 through 2026; housing-stock figures from Florida Department of Revenue public records. Market figures describe homes, not residents. Cite as: Momentum Realty, “RAINBOW PARK UN 03 key facts,” movewithmomentum.com/neighborhoods/rainbow-park-un-03, data as of August 2, 2026.

Last 30 days in Rainbow Park: 3 new listings (median asking $217,900), 4 under contract right now, 2 closed sales (median $232,750). As of October 2, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.

Live · Rainbow Park Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$220K ▼
Median sold · 12 mo
down 2.0% vs the prior 12 months
-2.0% ▼
1-yr price change
n = 16 and 12 sales in the two windows
$189/sf
Sold $/sqft · 12 mo
peak $205 in 2022
96.7%
Sale vs ask
Tempo
61days
Median DOM · closed
5 days at the 2023 low
0 · 0
For sale · pending
live counts, refreshed twice daily
16
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
46%
Owner-occupied · Rainbow Park
404 of 883 parcels homesteaded (FL DOR 2025)
54%
Non-owner-occupied · Rainbow Park
incl. 15% trust or LLC-held · 6% out-of-state
25%
Cash buyers · Rainbow Park
4 of 16 sales, 12 mo ending June 2026
647
Homes in the community
plus 236 vacant residential lots · 883 residential parcels (FL DOR 2025)
Track record · 9 years of records
Est. 1956
Community established
homes built 1956-2024, median 2004 (FL DOR 2025)
13
Failed listings · 2026
peaked at 20 in 2025
1,197sqft
Median sold home size
12-mo windows, closed sales
2.5%/yr
Turnover rate
about 16 of 647 homes trade a year

Homes For Sale Right Now in Rainbow Park

Live MLS inventory for Rainbow Park. 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 Park listings as of 2026-10-01, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2017 through 2026. Tap any home to ask about it.

Every Home for Sale in Rainbow Park Un 03 Right Now (12)

All 12 active and pending Rainbow Park Un 03 listings with a detail page, newest first, refreshed twice a day from the MLS.

  • 15696 SW 40th Place Road · $289,900 · 3 bd / 2 ba · pending · listed Sep 12, 2026 · listed by Central City Realty
  • 4187 SW 155th Court · $217,900 · 3 bd / 2 ba · listed Sep 10, 2026 · listed by Real Estate Teammates Llc
  • 14418 SW 16th Place · $270,000 · 3 bd / 2 ba · listed Sep 9, 2026 · listed by Globalwide Realty Llc
  • 15934 SW 41st Street Road · $215,000 · 3 bd / 2 ba · listed Sep 5, 2026 · listed by Coldwell Realty Sold Guarantee
  • 3226 SW 152nd Court · $180,000 · 3 bd / 2 ba · listed Aug 7, 2026 · listed by Kiefer Realty, Pa
  • 3344 SW 151 Court · $217,900 · 3 bd / 2 ba · listed Jul 30, 2026 · listed by Real Estate Teammates Llc
  • 15664 SW 28th Lane · $217,900 · 3 bd / 2 ba · pending · listed Jul 21, 2026 · listed by Real Estate Teammates Llc
  • 4258 SW 157th Court · $255,500 · 3 bd / 2 ba · listed Jul 2, 2026 · listed by Mark C. Debolt Inc
  • Tbd SW 30th Street · $199,999 · 3 bd / 2 ba · listed Jul 2, 2026 · listed by Real Estate Teammates Llc
  • 15431 Southwest 41st Street Road · $259,000 · 3 bd / 2 ba · listed Jul 2, 2026 · listed by Lpt Realty, Llc
  • 15776 SW 27th Lane · $204,900 · 3 bd / 2 ba · pending · listed Jul 2, 2026 · listed by Real Estate Teammates Llc
  • 15586 SW 38th Place · $207,900 · 3 bd / 2 ba · pending · listed Jul 2, 2026 · listed by Real Estate Teammates Llc
Rainbow Park Housing Pulse · Momentum Research · as of August 2, 2026

Rainbow Park right now

🟡 Off the recent peak. The trailing-12-month median ($220K) is down 2.0% from the prior 12 months ($225K). With about 5 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 (16 and 12 sales in the two windows).

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

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

Nearby homes for sale

No active listings inside RAINBOW PARK UN 03 right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

15393 SW 26TH PLACE
$215K · 0.1 mi away
3 bd · 2 ba · 1,087 sqft
15393 SW 26TH PLACE
Listed by REAL ESTATE TEAMMATES LLC
15429 SW 26TH PLACE
$250K · 0.2 mi away
3 bd · 2 ba · 1,576 sqft
15429 SW 26TH PLACE
Listed by REAL ESTATE TEAMMATES LLC
2688 SW 150TH COURT
$216K · 0.2 mi away
3 bd · 2 ba · 1,087 sqft
2688 SW 150TH COURT
Listed by REAL ESTATE TEAMMATES LLC
14957 SW 24 PLACE
$274K · 0.3 mi away
3 bd · 2 ba · 1,492 sqft
14957 SW 24 PLACE
Listed by CENTRAL CITY REALTY
2176 SW 151ST AVENUE
$150K · 0.3 mi away
3 bd · 2 ba · 1,314 sqft
2176 SW 151ST AVENUE
Listed by GREATER OCALA PROPERTIES, INC
14941 SW 24 PLACE
$273K · 0.3 mi away
3 bd · 2 ba · 1,439 sqft
14941 SW 24 PLACE
Listed by CENTRAL CITY REALTY

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The 60-Second Overview

Rainbow Park market snapshot (as of August 2, 2026): the median sale price is about $220K ($189 per sq ft over the trailing 12 months of closed sales), and a median 61 days on market for closed sales. The trailing-12-month median is down 2% from the prior 12 months, computed from record-level Stellar MLS closed sales (16 closings in the current window).

Flood zones in RAINBOW PARK: of 13 listing addresses checked against the FEMA National Flood Hazard Layer, 100% sit outside the FEMA Special Flood Hazard Area (Zone X). Individual parcels vary - verify any specific address at msc.fema.gov. See flood zones by neighborhood in Ocala.

In ZIP 34432 (OCALA), 521 homes closed in the last 12 months at a median of $250K ($176/sq ft), down 0.2% year over year, with a median 90 days on market. See the live ZIP 34432 housing market and the Marion County market.

Rainbow Park is a community of 647 homes in Ocala, Marion County, built between 1956 and 2024 (median 2004.0), with a median living area of about 1,344 square feet. 46% of parcels are homesteaded, the owner-occupancy proxy in the Florida DOR assessment roll (2025 roll, public records).

Windows contain 0 to 16 sales each (16 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 2017 through 2026. Deemed reliable but not guaranteed.

Every sale since 2017 · price vs size
$0$100K$200K1k2k2k
47 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Homes sold per 12-mo window
05101520182020202220242026
0 to 16 a year; 16 in the current window.
Sellers who gave up · failed listings per year
0102020162018202220242026
Canceled, expired, or withdrawn. 20 quit in 2025; 13 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.

$1,669/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.

How much local inventory is already under contract

33% of homes for sale in Rainbow Park 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 (2026-10-02).

Rainbow Park Unit 3 Market Scorecard

Seller's market

Rainbow Park Unit 3 is currently a seller's market. About 3.8 months of supply, a median asking price of $217,900, and homes go under contract in about 66 days.

3.8
Months supply
$217,900
Median list
$225,500
Median sold
$194
Per sqft
66
Days on mkt
8/4/25
Active/Pend/Sold

Typical home value in the 34481 ZIP is $275,943, right around the Florida norm (Zillow Home Value Index).

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

Live data: Stellar MLS, distributed by MLS GRID, 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 03, OCALA

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

Active inventory in distress
3.57%
1 of 28 listings · short sale 1
Distress share trend - 3.57% now (2026-08-10 → 2026-09-30)

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 September 2026 through September 2026. Deemed reliable but not guaranteed.

Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.

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
  • Dunnellon-area zoned schools, confirm assignment · By address
  • Magnet and choice options may apply · Choice

Zoned schools reflect the assignments reported on recent Rainbow Park 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 address.

If we were buying in Rainbow Park 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.

A closer look at the Rainbow Park market

At a median of $189 per square foot, Rainbow Park 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 down 2% year over year. Homes that do trade take a median 61 days on market, useful leverage on any listing that has lingered.

The housing stock is 647 homes built between 1956 and 2024, and 46% 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. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty
6.0C+ · Buy Score
Recent Direction5.5/10
Owner Commitment4.6/10
Pricing Power7.8/10

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 (6.0). Basis: Recent Direction -2.0% year-over-year; Owner Commitment 46% owner-occupied; Pricing Power 96.7% sale-to-list. Refreshed with each data update.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the Rainbow Park 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 Park.
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 Park sales matched to your home.

What is your Rainbow Park home worth?

Get a no-obligation home value based on real comparable sales in Rainbow Park, 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 Ocala →

Real comps, not an automated estimate.

Recently off market in RAINBOW PARK UN 03

Homes in RAINBOW PARK UN 03 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. 1 on record.

Frequently Asked Questions

What is the median home price in Rainbow Park?
The median sale price in Rainbow Park was $220K over the 12 months ending August 2, 2026 (16 closed sales, Stellar MLS).
How long do homes in Rainbow Park take to sell?
Homes that closed in the 12 months ending August 2, 2026 took a median 61 days on market (16 sales, Stellar MLS).
How many homes are in Rainbow Park?
The Florida DOR 2025 assessment roll shows 647 homes plus 236 vacant residential lots in Rainbow Park (public records).
What share of Rainbow Park is owner-occupied?
46% of Rainbow Park 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 built?
Homes in Rainbow Park were built between 1956 and 2024, with a median year built of 2004.0 (FL DOR 2025 roll).
Do cash buyers compete in Rainbow Park?
Cash buyers took 25% of Rainbow Park sales in the 12 months ending June 2026 (4 of 16 closings, Stellar MLS).
What schools serve Rainbow Park?
Rainbow Park is served by Marion County Public Schools, typically Marion County Public Schools (verify by address) and Dunnellon-area zoned schools, confirm assignment. Confirm the exact zoning by address with the district.
Who is the best real estate agent for Rainbow Park?
The best agent for Rainbow Park 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.
How do I find a top Ocala real estate agent who knows Rainbow Park?
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 Park and the wider Ocala area.
Can Momentum Realty connect me with an agent for Rainbow Park?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Rainbow Park purchase or sale - no call center and no pressure.
Where is Rainbow Park, and what county is it in?
Rainbow Park is in OCALA, Marion County, FL, ZIP codes 34432, 34481.
Is Rainbow Park in a flood zone?
No, for the homes we can see: all 13 homes we sampled in Rainbow Park sit outside a FEMA Special Flood Hazard Area (Zone X), where a lender does not require flood insurance. Flood zones are drawn parcel by parcel, so check the exact address on FEMA's flood map before you close; the flood section on this page shows the community's mix.
Is Rainbow Park a good place to live?
That depends on your budget, commute and what you want in a home, so here is what the data says about Rainbow Park: the median sale price over the last 12 months was $220K (16 sales), 25% below the OCALA median of $292K; homes took a median 60 days to go under contract; the assessment roll counts 647 homes, 46% of them homesteaded (owner-occupied); listings report Marion County Public Schools (verify by address), Dunnellon-area zoned schools, confirm assignment, Magnet and choice options may apply as the zoned schools. The full numbers, price history and the flood and school sections are above.

Data sources & freshness

Live listingsStellar MLS, refreshed twice daily (last: October 1, 2026)
Community market statsStellar MLS closed sales, 12-month windows ending August 2, 2026
Housing stock & ownershipFlorida DOR assessment roll (street-list match (11 streets, ZIP 34432/34481))
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 2017 (47 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 local comps.

Looking to buy here? Search homes for sale →

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CallFree valuation →
Thinking of selling in RAINBOW PARK UN 03? 16 recorded closings; median 60 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.

Nearby Communities

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

Rolling Hills3.0 mi away · median $374K, 60 sales/12 moLake Tropicana Ranchettes3.1 mi away · median $230K, 28 sales/12 moMeadow Wood Farms3.2 mi away · median $575K, 3 sales/12 moJuliette Falls Dunnellon3.6 mi away · median $361K, 28 sales/12 moRolling Hills Dunnellon4.5 mi away · median $360K, 64 sales/12 moGrand Park Dunnellon5.6 mi away · median $314K, 16 sales/12 mo

Browse all neighborhood guides →

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