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Preforeclosure Homes in Rainbow, TX

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Rainbow, TX Foreclosures

Current Market Conditions in Rainbow, TX as of June 2026?
Home values: -1.48% MoM; rent: +0.00% MoM.
How much do homes sell for in Rainbow, TX?
The average home price is currently $422,589.
In Rainbow, TX, how many homes are available?
There are currently 2 active home listings available in Rainbow.
What’s the average rental cost in Rainbow, TX?
The average rental price in Rainbow is $1,570.
What is the most expensive home in Rainbow?
The most expensive home sold in Rainbow had a price of $2,359,621.
What is currently the cheapest priced home in Rainbow, TX?
The cheapest home for sale in Rainbow is priced at $33,236.

Living in Rainbow, TX

Rainbow, Texas is a rural Somervell County community near Glen Rose, offering acreage-oriented living, outdoor recreation access, and a quiet setting within reach of Cleburne, Granbury, and the Dallas-Fort Worth region.

Buyer vs Seller Market in Rainbow, TX

Median home value: $365,843 as of 2026-05-14.

Median rent: $1,550 as of 2026-05-14.

Home values: -1.48% MoM, +6.94% YoY.

Rent: +0.00% MoM, +0.00% YoY.

Home Value Estimator For Rainbow, TX

There are currently 179 real estate properties in Rainbow, TX, with a median automated valuation model (AVM) price of $363,516.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Rainbow, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Rainbow, TX, is $422,589.00, with the most expensive house in Rainbow, TX, topping out at $2,359,621.00 and the cheapest home in Rainbow, TX, clocking in at $33,236.00. In other words, there’s something for every potential homebuyer or savvy investor in Rainbow, TX!

Rent Prices In Rainbow, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Rainbow, TX, is on a rollercoaster ride. The average rent price in Rainbow, TX, is $1,570.00. Indeed, when looking to rent in Rainbow, TX, you can expect to pay as little as $680.00 or as much as $2,820.00, with the average rent median estimated to be $1,550.00. The good news is that finding an affordable and desirable property to rent in Rainbow, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Rainbow, TX Preforeclosure Homes


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