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Pleasant Valley Stowers Hill

RAINBOW CITY, AL 35906

Real Estate Market Report  ·  Etowah County
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 35906

Pleasant Valley · Stowers Hill

Market Analysis

Data as of June 2026. Source: Realtor.com.

The RAINBOW CITY, AL real estate market (35906) currently shows 39 active listings, with 10 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 62 days on market compared to 73 days last year.

The median listing price has risen 32% year-over-year, from $265,000 to $349,900.

Whether you are buying or selling in RAINBOW CITY, AL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 10,429  ·  Density: 115.1/mi²  ·  Median household income: $60,373

Typical home value: $191,469  ·  Homeownership: 64.5%

Market Overview

Active Listings
39
⇧ 8.3% vs 36 last year
Pending
10
26% pending ratio
Median Price
$349,900
⇧ 32% vs $265,000 last year
Average Price
$454,817
⇧ 36.5% vs $333,108 last year
Days on Market
62
⇩ 15.1% vs 73 days last year

Price Per Square Foot

Median $/sqft
$147
⇧ 5.8% vs $139/sqft last year
Median Home Size
2,327 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 39 this year vs 36 last year
  • Days on market: 62 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $349,900 (+32% YoY)
  • Average: $454,817 (+36.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.5 miles — 582 listings ($174,779,848 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
35906Rainbow City, AL 359060.0 mi34$13,188,566$288,175$387,899
35987Steele, AL 359878.6 mi6$1,466,100$226,200$244,350
35953Ashville, AL 3595310.8 mi27$11,756,556$354,500$435,428
35954Attalla, AL 3595411.1 mi32$7,210,976$204,900$225,343
35904Gadsden, AL 3590411.6 mi57$14,154,240$214,500$248,320
35901Gadsden, AL 3590112.5 mi92$36,487,200$327,425$396,600
35903Gadsden, AL 3590315.0 mi75$17,558,100$196,225$234,108
35131Ragland, AL 3513115.9 mi1$235,000$235,000$235,000
36265Jacksonville, AL 3626518.4 mi60$16,710,660$259,925$278,511
36277Weaver, AL 3627719.7 mi28$5,148,080$178,825$183,860
36206Anniston, AL 3620620.9 mi49$9,191,469$179,900$187,581
35096Lincoln, AL 3509621.5 mi115$38,736,945$225,795$336,843
35135Riverside, AL 3513522.5 mi6$2,935,956$417,500$489,326

Frequently Asked Questions

How many homes are for sale in RAINBOW CITY, AL 35906?

As of June 2026, there are 39 active listings in RAINBOW CITY, AL (zip code 35906), compared to 36 the prior year.

What is the median home price in RAINBOW CITY, AL 35906?

The median listing price in RAINBOW CITY, AL 35906 is $349,900 as of June 2026, a 32% increase from $265,000 the prior year.

How long do homes stay on the market in RAINBOW CITY, AL?

Homes in RAINBOW CITY, AL 35906 spend an average of 62 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in RAINBOW CITY, AL 35906?

Based on current inventory and days-on-market data as of June 2026, RAINBOW CITY, AL 35906 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 62 days on market compared to 73 days last year.

How much can I save on real estate commission in RAINBOW CITY, AL?

With SELL123.com's maximum 3% commission, sellers in RAINBOW CITY, AL 35906 save an estimated $6,998 compared to a typical 5% commission on the median listing price of $349,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.