Why Live in Rainbow-Meadowood
Rainbow-Meadowood, located 3 miles southwest of downtown Greensboro, offers a blend of walkability and city amenities. The neighborhood is close to the University of North Carolina Greensboro, the Greensboro Aquatic Center, and the Greensboro Coliseum, providing residents with numerous things to do. Sidewalks and tree-lined streets enhance the area's walkability, while a variety of shopping and dining options are conveniently located nearby. Residents can shop at the Food Lion on Coliseum Boulevard or visit specialty markets like Bangkok Market and El Marjan Halal Market. The Four Seasons Town Center, a three-story indoor mall, is about 2 miles away. Dining options along West Gate City Boulevard include So-Sapp for Asian fusion, La Bamba and El Torito for Mexican cuisine, and Mike’s Vegan Grill for all-vegan fare. The neighborhood is lively, with frequent events at the Coliseum and concerts at the White Oak Amphitheater. Outdoor activities are available at Maywood Park and the Glenwood Recreation Center, which features a skate park and various sports programs. Homes in Rainbow-Meadowood primarily consist of mid-1900s ranch-style houses and bungalows, with newer traditional-style homes also available. Transportation options include Greensboro Transit Authority buses and easy access to Interstate 40. The Piedmont Triad International Airport is 13 miles away, and an Amtrak station is 3 miles from the neighborhood. While the area is somewhat noisy due to its proximity to the highway and Coliseum, environmental hazards like ice storms and lightning are common.
Home Trends in Rainbow-Meadowood, NC
On average, homes in Rainbow-Meadowood, Greensboro sell after 31 days on the market compared to the national average of 52 days. The median sale price for homes in Rainbow-Meadowood, Greensboro over the last 12 months is $181,000, down 11% from the median home sale price over the previous 12 months.
Median Sale Price
$181,000
Median Single Family Sale Price
$175,000
Average Price Per Sq Ft
$176
Number of Homes for Sale
4
Last 12 months Home Sales
17
Median List Price
$210,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-11%
