Rainbow, TX76077

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$610,000
N/A
Median Household Income
$200,000
1,246.1% 5-Year Growth
Days on Market
43
11.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$1,350
45.2% YoY Growth
1-Bed Rent
$1,350
45.2% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Rainbow, TX

As of Oct '25, Realtor.com reports that the median days on market for a home in Rainbow, TX is 43. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 80.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$610,0007.0%
Listing Count
544.0%
Listings as % of HomesN/A44.0%
Days on Market
43-11.0%
Loading chart...

Demographics — Rainbow, TX

As of the latest ACS Survey released in 2023, Rainbow, TX has a population of 809, which has increased by 136.5% over the past 5 years. Rainbow, TX is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
809136.5%
% Under 18
28.2%231.8%
% Seniors
11.7%-50.0%
% WFH
4.1%-83.2%
% w/ College Degree
17.9%-17.9%
Loading chart...

As of the latest ACS Survey released in 2023, Rainbow, TX is a predominantly white area, with 86.7% of the population identifying as white. The white population has grown by 21.1% in the last 5 years. The second most common race or ethnicity in Rainbow, TX is black, making up 5.9% of the population. Foreign-born residents account for 16.1% of the population in Rainbow, TX, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.7%21.1%
% Black
5.9%-52.0%
% Hispanic
2.1%-87.0%
% Asian
0.0%N/A
% Foreign Born
16.1%∞%
Loading chart...

Mortgage and Risk — Rainbow, TX

Rainbow, TX lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

Loading chart...
Loading chart...

Rentals and Section 8 — Rainbow, TX

Rainbow, TX lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$330$1,350$1,020
2 BedroomN/AN/A$1,210
3 BedroomN/AN/A$1,620
4 BedroomN/AN/A$1,900

Affordability — Rainbow, TX

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$200,000

Rainbow, TX — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions