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Rainbow Lakes, NJ real estate

Compare top Rainbow Lakes real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for November 2026.*


*Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Rainbow Lakes real estate Market Report.

Information and statistics on the latest trends in the Rainbow Lakes real estate market. *

Quarterly Pricing Trends for Rainbow Lakes

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Rainbow Lakes Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $471K Median sale price in Jan 2022 - Mar 2022: $305K Median sale price in Apr 2022 - Jun 2022: $500K Median sale price in Jul 2022 - Sep 2022: $450K Median sale price in Oct 2022 - Dec 2022: $540K Median sale price in Jan 2023 - Mar 2023: $565K Median sale price in Apr 2023 - Jun 2023: $543K Median sale price in Jul 2023 - Sep 2023: $670K Median sale price in Oct 2023 - Dec 2023: $453K Median sale price in Jan 2024 - Mar 2024: $620K Median sale price in Apr 2024 - Jun 2024: $533K Median sale price in Jul 2024 - Sep 2024: $594K Median sale price in Oct 2024 - Dec 2024: $650K Median sale price in Jan 2025 - Mar 2025: $580K Median sale price in Apr 2025 - Jun 2025: $680K Median sale price in Jul 2025 - Sep 2025: $783K Median sale price in Apr 2026 - Jun 2026: $778K Median sale price in Jul 2026 - Sep 2026: $688K Median list price in Oct 2021 - Dec 2021: $325K Median list price in Jan 2022 - Mar 2022: $370K Median list price in Apr 2022 - Jun 2022: $475K Median list price in Jul 2022 - Sep 2022: $500K Median list price in Oct 2022 - Dec 2022: $525K Median list price in Jan 2023 - Mar 2023: $517K Median list price in Apr 2023 - Jun 2023: $622K Median list price in Jul 2023 - Sep 2023: $457K Median list price in Jan 2024 - Mar 2024: $587K Median list price in Apr 2024 - Jun 2024: $485K Median list price in Jul 2024 - Sep 2024: $602K Median list price in Oct 2024 - Dec 2024: $585K Median list price in Jan 2025 - Mar 2025: $575K Median list price in Apr 2025 - Jun 2025: $697K Median list price in Jul 2025 - Sep 2025: $675K Median list price in Jan 2026 - Mar 2026: $648K Median list price in Apr 2026 - Jun 2026: $657K Median list price in Jul 2026 - Sep 2026: $688K Oct 2021 - Dec 2021 Median sale price $471K Median list price $325K Jan 2022 - Mar 2022 Median sale price $305K Median list price $370K Apr 2022 - Jun 2022 Median sale price $500K Median list price $475K Jul 2022 - Sep 2022 Median sale price $450K Median list price $500K Oct 2022 - Dec 2022 Median sale price $540K Median list price $525K Jan 2023 - Mar 2023 Median sale price $565K Median list price $517K Apr 2023 - Jun 2023 Median sale price $543K Median list price $622K Jul 2023 - Sep 2023 Median sale price $670K Median list price $457K Oct 2023 - Dec 2023 Median sale price $453K Median list price Unknown Jan 2024 - Mar 2024 Median sale price $620K Median list price $587K Apr 2024 - Jun 2024 Median sale price $533K Median list price $485K Jul 2024 - Sep 2024 Median sale price $594K Median list price $602K Oct 2024 - Dec 2024 Median sale price $650K Median list price $585K Jan 2025 - Mar 2025 Median sale price $580K Median list price $575K Apr 2025 - Jun 2025 Median sale price $680K Median list price $697K Jul 2025 - Sep 2025 Median sale price $783K Median list price $675K Oct 2025 - Dec 2025 Median sale price Unknown Median list price Unknown Jan 2026 - Mar 2026 Median sale price Unknown Median list price $648K Apr 2026 - Jun 2026 Median sale price $778K Median list price $657K Jul 2026 - Sep 2026 Median sale price $688K Median list price $688K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
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Seller’s Market
Seller’s Market
Buyer’s Market
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25
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Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Q2 2026).

Price trends in Rainbow Lakes have cooled in the latest rolling three-month view, with the typical home value down more than 12% from a year ago even as list prices are slightly higher than last year. This combination of softer sale prices and a 1.9% year-over-year uptick in median list price suggests sellers are still aiming high while buyers are negotiating more firmly.

Inventory and sales activity have both pulled back compared to last year. Active listings are down by about half year over year, and homes sold in the rolling period have dropped by roughly two-thirds. New listings are also down more than 30% from a year ago, signaling fewer owners are bringing properties to market.

Even with fewer transactions, conditions still lean toward sellers but with more balance than before. Months of supply has climbed sharply from about one and a half months a year ago to just over three months now, and homes are spending a similar number of days on the market as last year, at a median of 16 days. While half of recent sales closed above list price and the average sale-to-list ratio is just over 104%, both measures are lower than a year ago, indicating some easing in bidding intensity. In this shifting environment, both buyers and sellers can benefit from Agent Pronto’s help connecting with a local agent who understands these evolving dynamics.



Learn more about what Rainbow Lakes has to offer.

Rainbow Lakes offers residents a welcoming, close-knit community with beautiful natural surroundings, convenient amenities, and ample opportunities for outdoor recreation.

Rainbow Lakes tends to appeal to buyers who value a relaxed lake community with convenient access to everyday amenities. With several private lakes, tree‑lined streets, and a mix of cottages, expanded ranches, and updated colonials, it works well for first‑time buyers, move‑up families, and downsizers looking for a smaller scale neighborhood setting.

Residents enjoy resident‑only lake access, community events, and nearby recreation such as Tourne County Park and Mountain Lakes beaches. The area sits within reach of Parsippany public schools and local services like the Parsippany‑Troy Hills Public Library, which adds appeal for households focused on education and community resources.

Commuters appreciate proximity to I‑80 and Route 46, along with access to NJ Transit rail service at nearby Denville. Daily needs are covered by shopping and dining corridors in Parsippany and Denville, while broader options in Morris County remain close. Outdoor enthusiasts can easily reach Central Park of Morris County for fields, trails, and sports.

Because Rainbow Lakes has unique lake rights, association details, and block‑by‑block variations in home style and lot size, local knowledge matters. Agent Pronto can connect you with a real estate agent who understands these neighborhood‑level nuances and can guide both buyers and sellers to the right fit in Rainbow Lakes.

Find your Rainbow Lakes real estate agent today →


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See why so many people rely on Agent Pronto to make their real estate journey a success.

“On top of every detail. Julia was professional in every way and a delight to work with. She made sure every detail throughout the process was taken care of in a timely manner. She saved us money by discovering an expense that we should not have to pay. We’ve bought and sold many homes over the years and Julia was one of the best we’ve ever worked with.”

Donna Yeaw · Morris Plains, NJ

Photo of Julia Torsiello
Century 21 Christel Realty
“I will be forever grateful to Catherine and Maria for all they did for me . It was a process selling my house for sure . But they somehow managed to tackle every single issue that came our way . And they did it flawlessly. I wouldn’t have been able to get through this without them . Both of them are so trustworthy and caring, that’s hard to find sometimes . They were so easy to get it touch with too . They took the stress off my plate and I couldn’t be more thankful. I will be using them again to purchase a house . Thank you guys for everything!!”

bucca27 ·

Photo of The Pansini Group
Signature Realty NJ
“The Erin’s Team could not have provided a better real estate experience. Ray first helped me find a home in 2013, when I wasn’t sure I could afford it and many people advised against buying. It turned out to be one of the best decisions I could have made. In 2023, the team helped me find excellent tenants, allowing me to rent out the property profitably. When I decided to relocate out of state in 2026, they made the selling process seamless from start to finish. Their pricing strategy was spot-on, generating multiple offers within just a few days. I ultimately sold the home for nearly 20% over asking price and almost three times my original purchase price. Throughout the years, Ray and the entire Erin’s Team have consistently demonstrated exceptional professionalism, market knowledge, and sound guidance. Their commitment to their clients is truly unmatched. Thank you, Ray and the Erin’s Team, for more than a decade of outstanding service and an A+ experience. I couldn’t recommend them more highly!”

alapander ·

Photo of The Erins Team
Keller Williams Integrity
“If you want to buy or sell real estate in New Jersey, Anna is the only one you should work with. No other agent compares to her. The way she works, conducts business, and communicates with people, along with her deep knowledge of all the details—it's truly exceptional. I’ve worked with her before, and while I was extremely satisfied then, this time she exceeded all expectations and I am simply so happy to have found such an agent. Other agents just couldn't handle it—with them, you only waste time and feel no support at all. Anna, on the other hand, is always available and on top of everything. Her professionalism and dedication are unmatched. I couldn't be happier!”

Vera Gersher ·

Photo of Anna Krapivina
RE/MAX Integrity Advantage
“I had the pleasure of working with this amazing realtor over the past six years, and I couldn’t be happier with the experience. She helped me purchase my home in Morris County, and throughout the entire process, she demonstrated outstanding professionalism, knowledge, patience, and dedication. Buying a home is one of the biggest decisions in life, and having someone you can trust makes all the difference. She was always responsive, attentive to my needs, and willing to go the extra mile to make sure everything went smoothly. Her knowledge of the local real estate market, attention to detail, and commitment to finding the right home made the entire experience much less stressful. What truly sets her apart is the trust and relationship she has built over the years. Working with her for six years speaks volumes about her reliability, integrity, and genuine care for her clients. She doesn’t just help you buy a house; she helps you find a place to call home. I highly recommend her to anyone looking to buy or sell a home in Morris County or the surrounding areas. If you’re looking for a knowledgeable, trustworthy, and dedicated realtor who truly puts her clients first, she is the person to call. Thank you for all your hard work and support over the years! Five stars without a doubt!”

zuser20170809080522830 ·

Photo of Christine Nagy
Coccia Real Estate
“We had a phenomenal experience working with Jake throughout our home buying process. As a Morris County New Jersey real estate agent, he is extremely knowledge of the area. What separates Jake from most is he took the time to understand exactly what we were looking for in a home and was extremely patient with us until we found the right one. Additionally – he was always willing to go the extra mile for anything we needed or just answering general questions we had on the home buying process. In today’s market, working with a great agent is critical to getting the home you want, 10/10 experience and would recommend Jake to anyone!”

Nicole Severino ·

Photo of Jake Handler
eXp Realty LLC
“Daniel is highly professional and has a team that always responds in a timely manner and is very efficient. The property I had was out of state, Daniel took care of everything that needed to be taken care of and saved me loads of trouble. He monitored the entire process and made sure everything was handled with utmost professionalism. Daniel is definitely the best and I cannot thank him enough for taking care of this for me.”

Angela Rizzo ·

Photo of The Mesrobian Team
eXp Realty, LLC
“I want to take a moment to express my heartfelt appreciation for my real estate agent, Emily. Buying a house is not an easy journey, and my journey to owning home came with so many challenges, unexpected obstacles, and moments when I felt like giving up. But through it all, Emily never stopped fighting for me. She stood by my side, pushed when things got difficult, and continued to advocate for me when I needed someone in my corner. Emily, you didn’t just help me find a house; you helped me fight for a dream. You saw how much this meant to me, and you gave me encouragement and support when I needed it most. Your dedication, patience, and determination mean more to me than words can explain. I know this journey wasn’t easy, but I’m truly grateful that I had you by my side. Not every real estate agent goes above and beyond the way you did, and I will never forget the effort you put into helping me get to this point. Thank you, Emily, for fighting for me, believing in my dream, and helping me get closer to turning a house into a home. You will always be a special part of my homeownership journey. May God bless you for the heart you put into your work and for the difference you make in people’s lives.”

Kaffyanne ·

Photo of Emily Termyna
Exp Realty
“Helene Harrison is a top-notch realtor!!! With pinpoint professionalism, effectiveness, and efficiency she navigated the sale of my home with ease and a sale price well-above the list price, helping me work through a few complications along the way. Using the Allstate slogan: “you’re in good hands” when you sign up with Helene and her partner Liz.”

gsanger51 ·

Photo of Helene Harrison
Coldwell Banker Residential Brokerage
“We had such a great experience working with Pat to find our home in New Jersey! Since we were moving from out of state, we relied heavily on Pat to tour homes for us, and he was incredibly responsive, reliable, and thorough throughout the entire process. He always took the time to send us detailed videos and walk through each home as if we were there ourselves, which made the out-of-state home-buying process so much easier. Pat went above and beyond to make sure we found the right home for our family, and we truly appreciated how easy he was to work with from start to finish. We couldn’t be happier with our experience and would highly recommend Pat to anyone looking to buy a home!”

Sarah Delgado ·

Photo of Patryk Krajewski
RE/MAX 1st Advantage
“Heather recently helped me complete a home purchase and she was truly amazing from start to finish! I came to her after not having much success previously. I had seen 20+ homes before and could not get anywhere. I saw one home with her and she managed to get the deal closed within a month! She is extremely responsive and will go the extra mile every time for her clients! I felt that she had my best interest in mind and was very knowledgeable throughout the entire process. She takes her time with every interaction and every negotiation and truly wants to see you succeed in this journey. She is there for you every step of the way and I could not be more thankful for her endless support throughout this journey. She is so kind, thoughtful, and just an altogether amazing person filled with so much joy and excitement. It is clear to see she loves what she does. If you are in the home buying journey and have been struggling or want to find a home especially in this current market, I highly recommend reaching out to Heather. She will get it done no matter the circumstance! The best part is she doesn’t disappear right after the closing like other realtors. She is there for you even after to help you get adjusted to your new home and be a resource for you as you embark upon this new journey. That itself is rare and just proves her dedication and commitment to providing superior service and instilling trust to her clients! Truly exceptional realtor and so thankful we crossed paths!”

zuser20160823100435512 ·

Photo of Heather Pruiksma
Keller Williams Integrity
“From the beginning of our home search through closing, Ryan was incredibly knowledgeable, patient, honest, and easy to work with. One of the things we appreciated most was how straightforward he was with us throughout the entire process. When it came time to make an offer, Ryan was always honest about how competitive he thought it was and never pressured us to go beyond what made sense. He would even tell us when we were getting to a point where he personally would walk away. That honesty extended to the homes themselves. He wasn’t afraid to point out concerns about the quality or condition of a house, and he was equally candid about different neighborhoods and locations. Ryan was also extremely patient with us. We never felt rushed into making a decision, and it always felt like his priority was helping us find the right home rather than simply getting a deal done. He’s very easy to talk to, which made what can be a stressful process feel much more comfortable. Having grown up in the area, Ryan also has a tremendous amount of knowledge about the county and surrounding towns. That local perspective was invaluable, especially when we were considering different neighborhoods and trying to figure out where we ultimately wanted to be. We’re extremely happy with the home we ended up with and very grateful to Ryan for helping us get there. We would absolutely recommend him to anyone looking to buy a home in the area.”

MatthewBono1 ·

Photo of The dougherty group
Compass New Jersey
“Jose and his team were an absolute pleasure to work with! I was dreading the home-buying process, but they made everything smooth, easy, and stress-free. Jose was always available, knowledgeable, and never pushy- he simply guided us through every step and helped us feel confident in our decisions. We’re so grateful for his help and highly recommend him and his team. 10/10!”

Inga ·

Photo of Jose Rodriguez
Coldwell Banker Realty
“This is the only agent you will ever want to work with . I’ve been renting since 2009 . I’ve seen the horrors . This agent really ,truly cares. She goes above and beyond for you . She checks in to make sure everything is going good and makes sure you are taken care of . I can’t say enough amazing things about Edel I never will ever work with another real estate agent . I have recommended her to all coworkers family and friends. She is an amazing human being as well as an incredible realtor.”

ericdellacorte02 ·

Photo of Edel Di Gangi
Corcoran Sawyer Smith
“Richard represented himself in a professional manner and really helped us out when we needed it the most. He is a young ambitious gentleman and will get the job done for you. Please don’t hesitate to use Richard as your real estate agent. You won’t be disappointed. Thank you, Richard for all you did for me and my family.”

55effie55 ·

Photo of Richard La Stella
Keller Williams West Monmouth
“Becky was so energetic and was always willing to share her expertise. She was quick to respond and did a lot of homework- you could tell she knew things, looked comps up, talked to all parties involved and report back to me at every step. She was willing to drive around and give info about different towns. Becky really helped with every step even down to the closing. She was a pleasure to work with!”

Shallie Dirico ·

Photo of Becky Plaisance
Coldwell Banker Realty
“My experience with Raphaela was amazing . She was very helpful communicative and knowledgeable, when it came to finding my apartment. I highly recommend her to help you find your home.”

Nancyy1020 ·

Photo of Charles Korb
RE/MAX 1st Advantage
“Kevin was very helpful throughout what can commonly be a very stressful process. He was extremely responsive and always told it how it is. You can tell he really does want the best for his clients. I wouldn’t hesitate working with him again in the future.”

shaylin carper ·

Photo of Kevin Karcich
Keller Williams Realty Metropolitan
“Jessenia is amazing as a realtor, a lender and a person! Very kind, empathetic, responsive, always keeping me up to date in the entire process and explaining anything I needed. We had a few bumps along the way in the process, but these things that are out of our control happen, and she still made sure we made it to closing and that everything was taken care of. Thank you soooo much Jessenia!”

denisserivera110 ·

Photo of Jessenia Velez
The Real Brokerage
“Andrea and her team were amazing. They truly took our concerns seriously and made sure we were connected with the right people whenever we needed answers or assistance. They were informative, responsive, and made everything we needed to know clear throughout the process. We were also constantly kept updated on what was going on, which gave us peace of mind and made the entire experience feel much more manageable. We are incredibly grateful for their support and would highly recommend this company to anyone looking for a team that genuinely cares about its clients.”

jayl cruz91 ·

Photo of Andrea Alummootil
Provident Legacy Realtors

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Rainbow Lakes. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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