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Pleasant Valley Stowers Hill

RAINBOW CITY, AL 35906

Real Estate Market Report  ·  Etowah County
Seller's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 35906

Pleasant Valley · Stowers Hill

Market Analysis

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

The RAINBOW CITY, AL real estate market (35906) currently shows 34 active listings, with 9 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 65 days on market compared to 79 days last year.

The median listing price has fallen 1.4% year-over-year, from $292,400 to $288,175.

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
34
⇩ 8.1% vs 37 last year
Pending
9
26% pending ratio
Median Price
$288,175
⇩ 1.4% vs $292,400 last year
Average Price
$387,899
⇩ 3.8% vs $403,354 last year
Days on Market
65
⇩ 17.7% vs 79 days last year

Price Per Square Foot

Median $/sqft
$140
⇩ 4.1% vs $146/sqft last year
Median Home Size
2,401 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 34 this year vs 37 last year
  • Days on market: 65 now vs 79 last year

Median & Average Pricing

Year over Year
  • Median: $288,175 (-1.4% YoY)
  • Average: $387,899 (-3.8% 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 — 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 February 2026, there are 34 active listings in RAINBOW CITY, AL (zip code 35906), compared to 37 the prior year.

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

The median listing price in RAINBOW CITY, AL 35906 is $288,175 as of February 2026, a 1.4% decrease from $292,400 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 65 days on the market before going under contract, compared to 79 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 February 2026, RAINBOW CITY, AL 35906 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 65 days on market compared to 79 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 $5,764 compared to a typical 5% commission on the median listing price of $288,175. 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.