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RAINBOW CITY, AL 35906

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

Market Overview

Active Listings
33
vs 33 last year
Pending
7
21% pending ratio
Median Price
$287,900
⇧ 0.2% vs $287,200 last year
Average Price
$379,864
⇩ 2.7% vs $390,568 last year
Days on Market
80
⇧ 2.6% vs 78 days last year

Market Context

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

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

Market Analysis

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

The RAINBOW CITY, AL real estate market (35906) currently shows 33 active listings, with 7 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 80 days on market compared to 78 days last year.

The median listing price has risen 0.2% year-over-year, from $287,200 to $287,900.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 80 now vs 78 last year

Median & Average Pricing

Year over Year
  • Median: $287,900 (+0.2% YoY)
  • Average: $379,864 (-2.7% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.5 miles — 563 listings ($167,261,585 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
35906Rainbow City, AL 359060.0 mi33$12,535,512$287,900$379,864
35987Steele, AL 359878.6 mi8$2,076,640$195,000$259,580
35953Ashville, AL 3595310.8 mi26$10,891,634$359,000$418,909
35954Attalla, AL 3595411.1 mi31$6,797,401$191,950$219,271
35904Gadsden, AL 3590411.6 mi52$12,856,532$214,000$247,241
35901Gadsden, AL 3590112.5 mi88$33,522,280$307,450$380,935
35903Gadsden, AL 3590315.0 mi74$16,510,806$184,900$223,119
35131Ragland, AL 3513115.9 mi6$2,237,598$235,000$372,933
36265Jacksonville, AL 3626518.4 mi58$18,524,852$266,950$319,394
36277Weaver, AL 3627719.7 mi28$4,992,176$170,250$178,292
36206Anniston, AL 3620620.9 mi42$7,931,154$179,900$188,837
35096Lincoln, AL 3509621.5 mi110$34,962,840$239,830$317,844
35135Riverside, AL 3513522.5 mi7$3,422,160$400,000$488,880

Frequently Asked Questions

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

As of January 2026, there are 33 active listings in RAINBOW CITY, AL (zip code 35906), compared to 33 the prior year.

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

The median listing price in RAINBOW CITY, AL 35906 is $287,900 as of January 2026, a 0.2% increase from $287,200 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 80 days on the market before going under contract, compared to 78 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 January 2026, RAINBOW CITY, AL 35906 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 80 days on market compared to 78 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 $5,758 compared to a typical 5% commission on the median listing price of $287,900. 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.