Rainbow Lake Real Estate

5121 Sunset Drive

$399,900

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4947 Skyline Drive

$460,000

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Rainbow Lake Listings Summary

Rainbow Lake - Town vs. County Stats

Avg Price in Rainbow Lake: $381,900 / County Avg $326,900

117%

Avg Taxes in Rainbow Lake: $2,500 / County Avg $2,700

92%

Avg Sq. Ft. in Rainbow Lake: 1,961 / County Avg 2,082

94%

Avg Price per/sqft in Rainbow Lake:$195 / County Avg $157

124%

Avg Year Built in Rainbow Lake: 1996 / County Avg 1965

102%

Avg Days on Website in Rainbow Lake: 131 / County Avg 80

164%

Rainbow Lake Real Estate Market Health

New Listings

Reductions

Foreclosures

Short Sales

CARES Team

1755 Abbey Road
East Lansing, MI 48823

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MLS® Disclaimer

Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 25, 2026 3:28 PM UTC

Greater Lansing Association of Realtors® (GLAR) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than CARES Team may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Last Updated: September 25, 2026 3:29 PM UTC Show More...