$39,000
- 2 Beds
- 1.5 Baths
- 1,095 Sq Ft
507 Bryan St, Gadsden, AL 35904
Barry Dykes Clokey Realty Inc
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Rainbow City, Alabama, is a growing community of around 10,000 residents located along the Coosa River, just south of Gadsden in Northeast Alabama. Known for its suburban character and well-maintained housing, Rainbow City features a mix of ranch and new traditional homes on smaller lots near the city center, while larger Craftsman and Colonial-influenced houses with expansive lots are found in more rural areas, some with riverfront views. The city offers various recreational activities, particularly on the Coosa River, with amenities such as Rainbow Landing's boat slip, fishing pier, and picnic pavilions. Rainbow City Park includes a playground and courts for pickleball and tennis, while the Vivian Lee Maddox Sports Complex provides multiple baseball and multipurpose fields, along with a walking path.
Education in Rainbow City is served by the Etowah County Schools district, with John S. Jones Elementary receiving high ratings. For shopping and dining, Rainbow Drive is the main thoroughfare, featuring shopping centers like Rainbow Crossing and The Village, as well as numerous fast-food restaurants and grocery stores. The Rainbow City Farmers Market, held on Monday and Wednesday mornings during warmer months, is a popular local event.
Residents often commute to nearby Gadsden for employment, with significant employers including the area's remaining manufacturing industries and two medical centers. The city benefits from lower crime rates compared to national and state averages, contributing to its appeal. Rainbow City experiences hot, humid summers with occasional severe storms and cooler winters, typical of the Deep South climate.
On average, homes in Rainbow City, AL sell after 40 days on the market compared to the national average of 70 days. The median sale price for homes in Rainbow City, AL over the last 12 months is $255,000, down 6% from the median home sale price over the previous 12 months.