Rainwood
Homes for Sale in Groveland, FL
All 254 homes for sale in GROVELAND, FL · median $400,000 · Lake County homes for sale
True comps, carrying-cost math, and listings before the portals.
Photo via Stellar MLS
As of September 2026, Rainwood in Groveland, FL has 13 homes for sale and 6 pending, asking from $331,990 to $515,990 (median $416,990). Over the 12 months ending 2026-08-02, 46 recorded sales closed at a median of $372,114, $198 per square foot, a median 54 days on market, sellers accepting 100% of original asking. Homes listed or recently sold were built 2025–2026 with 31 new construction; 30 of 31 report an HOA (median $178/mo); none of the 19 geocoded homes sit in a FEMA special flood hazard zone (median elevation 113 ft). At the median price and Lake County's FY2025-26 rate of 16.65 mills, annual property tax runs about $6,190 ($5,520 with the full homestead exemption).
| Location | GROVELAND, Lake County, FL · ZIP 34715, 34736 |
|---|---|
| Home types (current listings and sales) | single-family 71%, townhouses 29% |
| Amenities listed by sellers | Pool, Playground, Park, Trail(s), Dog Park, Community Mailbox |
| Sale prices, last 12 months | $372,114 median across 46 closed sales · $198 per sq ft |
| Days on market (closed sales) | 54 median |
Data as of August 2, 2026. Based on Stellar MLS data distributed by MLS GRID for the period 2025 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “RAINWOOD key facts,” movewithmomentum.com/neighborhoods/rainwood, data as of August 2, 2026.
Last 30 days in Rainwood: 8 new listings (median asking $407,490), 6 under contract right now, 3 closed sales (median $315,990). As of September 23, 2026, Listings courtesy of Stellar MLS as distributed by MLS GRID.
Homes For Sale Right Now in Rainwood
Live MLS inventory for Rainwood. 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 Rainwood listings as of 2026-09-22, priced high to low. Based on Stellar MLS data distributed by MLS GRID for the period 2025 through 2026. Tap any home to ask about it.
Rainwood sits in Groveland, out in Lake County, and the pricing story here is a condition story. The median sits at $368,000, or right around $197 per square foot, and with a spread that wide the number on any given listing tells you less than the finishes and upkeep behind it. Two homes at similar square footage can land far apart depending on how they show.
The posture right now is patient. A median of 54 days on market means homes are sitting closer to two months than to a bidding-war week, and 45 closings in the window says there is real, steady turnover rather than a stalled market. For buyers, that means room to inspect, negotiate, and walk. For sellers, it means price and presentation have to be right on day one — the market is not going to bail out an overreach.
Nearby homes for sale
No active listings inside RAINWOOD 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.
Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.
The 60-Second Overview
Rainwood market snapshot (as of August 2, 2026): the median sale price is about $372K ($198 per sq ft over the trailing 12 months of closed sales), and a median 54 days on market for closed sales.
In ZIP 34715 (GROVELAND), 970 homes closed in the last 12 months at a median of $532K ($235/sq ft), up 3.9% year over year, with a median 35 days on market. Right now 64 active and 78 pending listings put supply at about 2.2 months — a strong market. See the live ZIP 34715 housing market and the Lake County market.
Stellar MLS sales records identify 74 homes in RAINWOOD that have changed hands since 2025, built between 2025 and 2026 (median 2025), with a median living area of about 1,894 sq ft and a typical 3-bedroom, 2.5-bath layout; 64% are single-family homes. Source: Stellar MLS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
Flood zones in RAINWOOD: of 18 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 Groveland.
Rainwood is a Groveland community where the median lands in the upper-$360s and pace is measured, not frantic. The gap between well-kept and worn homes is where most of the price variation lives.
The setting & the homes.
Aerial and on-site photos of Rainwood. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Photos from Stellar MLS listings in Rainwood; content deemed reliable but not guaranteed.
Who Rainwood is best for.
Best for
- Buyers with a budget in the upper-$360s who want a move-in-ready home and are willing to pay for condition
- Value hunters comfortable taking on a dated home at a discount and doing the updates themselves
- Buyers who want time to shop deliberately and negotiate rather than compete on speed
Probably not for
- Buyers who need to close and resell quickly and expect rapid turnover
- Anyone expecting a firm price range or guaranteed ceiling on what a home will cost
- Buyers unwilling to underwrite a home's true condition against the median
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending August 2 of each year, from record-level Stellar MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($372K) IS the median in the snapshot above.
Windows contain 0 to 46 sales each (46 in the current window); every figure carries its sample size. Based on Stellar MLS data distributed by MLS GRID for the period 2025 through 2026. Deemed reliable but not guaranteed.
32% of homes for sale in Rainwood 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 (2026-09-23).
Rainwood Market Scorecard
Rainwood is currently a seller's market. About 2.9 months of supply, a median asking price of $416,990, and homes go under contract in about 25 days.
Typical home value in the 34736 ZIP is $369,834, about 10.2% below the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · 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 RAINWOOD, GROVELAND
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. Based on Stellar MLS data distributed by MLS GRID for the period September 2026 through September 2026. Deemed reliable but not guaranteed.
Rainwood on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Stellar MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Lake County Public Schools
- Verify the zoned schools by address
- Magnet and choice options may be available
- Groveland Elem · Elementary
- Gray Middle · Middle
- South Lake High · High
Zoned schools reflect the assignments reported on recent Rainwood listings and can change; always confirm with Lake County Public Schools for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Rainwood address.
Shop the zone: Homes zoned for South Lake High High School
The Rainwood buying strategy.
If we were buying in Rainwood 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.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
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 Rainwood.
Reading a condition-driven market
When a community carries a median near $197 per square foot and homes take around 54 days to move, the practical takeaway is that the market is rewarding readiness. Listings that are updated and staged tend to clear; the ones that need work tend to wait, and that waiting is what pulls the median days on market upward.
For a buyer, this is a market you can work methodically. There is time to see comparable homes, weigh a dated kitchen against a renovated one, and let the price reflect the difference. For a seller, the same dynamic cuts the other way: the homes moving fastest are the ones priced to their actual condition, and mispricing shows up quickly as days pile on.
The location and the amenities are priced into every listing in Rainwood. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a condition-driven market like Rainwood, the whole game is pricing a home to what it actually is and pinpointing where a listing sits against its comparables. We read the Groveland data at the street level, position a listing against real closings rather than wishful ones, and give buyers a clear-eyed sense of what a home's condition should cost them at roughly $197 a square foot.
Rainwood in 15 seconds.
HOA, CDD & Fees
- HOA dues reported around $178/month (about $2,136/yr) · median of 327 MLS listings, most billed monthly
- Any club/amenity membership is billed separately
Listings in this community report association dues of about $178 per month ($2,136 a year) — the median AssociationFee across 327 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 Rainwood 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 Rainwood sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Rainwood, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Rainwood home worth?
Get a no-obligation home value based on real comparable sales in Rainwood, 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 Groveland →
Recently off market in RAINWOOD
Homes in RAINWOOD 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.
- 312 Free Range Drive · off market
Frequently Asked Questions
What is the median home price in Rainwood?
How long do homes in Rainwood take to sell?
Do cash buyers compete in Rainwood?
Who is the best real estate agent for Rainwood?
How do I find a top Groveland real estate agent who knows Rainwood?
Can Momentum Realty connect me with an agent for Rainwood?
Where is Rainwood, and what county is it in?
Is Rainwood in a flood zone?
Should you buy in Rainwood?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Live listings | Stellar MLS, refreshed twice daily (last: September 22, 2026) |
| Community market stats | Stellar MLS closed sales, 12-month windows ending August 2, 2026 |
| Under-contract shares | Stellar MLS records, as of 2026-08-01 |
| Historical depth | Closed-sale records back to 2025 (46 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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See how RAINWOOD fits the bigger picture — live prices, inventory, and Momentum Scores:
Nearby Communities
Explore more neighborhoods near Rainwood with Momentum Realty’s local guides.