Tampa, FL

Bank Owned / REO in Rainbow Heights

Updated daily from MLS

📊 Rainbow Heights Market 🔥 Seller's Market Updated Jul 26
5
Active
3 new (30d) 0.0%
5
Pending
50% absorption
2.6
Mos. Inventory
Seller's mkt
$315K
Median Ask
new: $315K prev: $315K
23d
Avg Days Listed
active listings avg
$283
Avg $/sqft
new 30d · prev: $213
40%
Price Cuts (30d)
40% have any cut
97.1%
Sale/List (90d)
prev 90d: 96.9%
$305K
Median Sale (90d)
prev 90d: $293K
🔮 90-Day Price Outlook
📈 Prices likely to rise
Aggressive discounting Low inventory Strong buyer demand Rising $/sqft
Algorithmic estimate based on current MLS signals — not financial advice.
5
Active
3 new (30d) 0.0%
5
Pending
50% absorption
2.6
Mos. Inventory
Seller's mkt
$315K
Median Ask
new: $315K prev: $315K
23d
Avg Days Listed
active listings avg
$283
Avg $/sqft
new 30d · prev: $213
40%
Price Cuts (30d)
40% have any cut
97.1%
Sale/List (90d)
prev 90d: 96.9%
$305K
Median Sale (90d)
prev 90d: $293K
🔮 90-Day Price Outlook
📈 Prices likely to rise
Aggressive discounting Low inventory Strong buyer demand Rising $/sqft
Algorithmic estimate based on current MLS signals — not financial advice.
0
Active
0 new (30d)
0
Pending
Mos. Inventory
Balanced
Median Ask
new: —
Avg Days Listed
active listings avg
Avg $/sqft
new 30d · prev: —
Price Cuts (30d)
Sale/List (90d)
prev 90d: —
Median Sale (90d)
prev 90d: —
🔮 90-Day Price Outlook
➡️ Market likely to hold steady
All signals neutral
Algorithmic estimate based on current MLS signals — not financial advice.
New-listing metrics use rolling 30-day windows; closed-sale metrics use rolling 90-day windows. Months of inventory is measured from the trailing 12 months of closed sales (marked "est." where a neighborhood closed fewer than 12). Refreshes every 6 hours.

Price Trends

Quarterly median sale price — residential closes in Rainbow Heights, last 3 years $200K$250K$300K$350K2024202520262023-Q3 — median $285K (5 sales)2024-Q1 — median $255K (5 sales)2024-Q2 — median $292K (10 sales)2024-Q3 — median $320K (7 sales)2025-Q1 — median $225K (5 sales)2025-Q3 — median $330K (5 sales)2025-Q4 — median $312K (6 sales)2026-Q2 — median $311K (7 sales)$311K
$310,056
Median Sale Price (12 mo)
▲ 15.7% YoY
22
Homes Sold (12 mo)
▲ 15.8% YoY
50 days
Avg Days on Market
▼ 44.4% YoY
View data table
QuarterMedian SaleSales
2023-Q3$285,0005
2023-Q44
2024-Q1$255,0005
2024-Q2$292,25010
2024-Q3$320,0007
2024-Q43
2025-Q1$224,5005
2025-Q24
2025-Q3$330,0005
2025-Q4$312,0006
2026-Q13
2026-Q2$311,1117
Quarters with fewer than 5 closed sales are shown as gaps rather than a median of too few sales. Source: MLS closed-sale records.
📍 Rainbow Heights, Tampa
Rainbow Heights is a City of Tampa-recognized neighborhood association in Tampa, FL.
Showing 0 bank owned / reo in Rainbow Heights