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School zone · live FMLS IDX

Homes for Sale in the Rainbow Elementary School Zone (DeKalb County, GA)

Homes for sale whose listings report Rainbow Elementary School (DeKalb County) as the assigned elementary school, from current FMLS IDX inventory. Live list-price medians, high school zones, neighborhoods, and how the zone compares with DeKalb County. School assignments as reported in each listing; verify with the school district.

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the Rainbow Elementary School zone market at a glance

Median list price
$299,900
n=19
Median list price per SF
$115
n=18 · 2,148 SF typical
Median days listed
82
n=19
New in the last 30 days
3
1 in the last 7

Median list price is 13% below DeKalb County (3,375 homes, median $345,000).

FMLS IDXLive FMLS IDX data as of Oct 27, 2026, 8:54 AM ET. Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals. Information deemed reliable but not guaranteed.

Find an area

Inside the Rainbow Elementary zone

The areas with the most homes for sale right now, by current listing count. Search to jump to any other.

Top neighborhoods

  1. Churchill DownsDecatur3 homes · $300K
  2. Pine View ManorDecatur2 homes · $313K
  3. Rainbow EstatesDecatur2 homes · $295K

Cities

  1. Decatur19 homes · $300K

High school zones

As reported in each listing. Verify with the school district.

  1. Southwest Dekalb HighDeKalb County18 homes · $310K

Middle schools

  1. Chapel Hill - Dekalb MiddleDeKalb County17 homes · $320K
  2. Columbia - Dekalb MiddleDeKalb County2 homes · $168K

Other DeKalb County elementary zones

  1. Fred A. Toomer ElementaryDeKalb County139 homes · $550K
  2. Fernbank ElementaryDeKalb County109 homes · $620K
  3. Ashford Park ElementaryDeKalb County102 homes · $799K
  4. Peachcrest ElementaryDeKalb County101 homes · $310K
  5. Flat Rock ElementaryDeKalb County99 homes · $235K
  6. Montgomery ElementaryDeKalb County96 homes · $600K
See all 30

Just listed

Newest homes for sale in the Rainbow Elementary School zone

Sorted by listing date. Showing 1 to 19 of 19.

FMLS IDXLive FMLS IDX data as of Oct 27, 2026, 8:54 AM ET. Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals. Information deemed reliable but not guaranteed.

Payment estimate

Payment on a median-priced home in the Rainbow Elementary School zone

Prefilled with the median list price of $299,900 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,316/mo

Principal and interest
$1,854
Property tax
$225
Home insurance
$125
Mortgage insurance
$112
Loan amount
$269,910
Cash down
$29,990

This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses about 0.9% of price per year; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.

Inside the numbers

What is for sale in the Rainbow Elementary School zone

Home types

  • Single-family homes17 89%median $320,000, $115/SF
  • Townhouses2 11%

Bedrooms

  • 1-2 bd1 5%
  • 3 bd5 26%
  • 4 bd8 42%
  • 5+ bd5 26%

List price

  • Under $300K10 53%
  • $300K to $500K8 42%
  • $500K to $750K1 5%
  • $750K to $1M0 0%
  • $1M and up0 0%

Status

  • Active13 68%
  • Active Under Contract2 11%
  • Pending4 21%

Ask Jeff

Questions about homes in the Rainbow Elementary School zone?

Send a note with your price range, timing and must-haves. Jeff will reply by email.

From the live numbers

the Rainbow Elementary School zone home market FAQ

How many homes are for sale in the Rainbow Elementary School zone right now?

19 residential listings in the Rainbow Elementary School zone are in current FMLS IDX inventory as of Oct 27, 2026, 8:54 AM ET: 13 Active, 2 Active Under Contract, 4 Pending. 3 were listed in the last 30 days.

What is the median list price for a home in the Rainbow Elementary School zone?

The median list price is $299,900 across 19 priced listings. That is 13% below the DeKalb County median of $345,000. These are asking prices, not closed sales or appraisals.

What is the median list price per square foot in the Rainbow Elementary School zone?

$115 per square foot (median of 18 listings with reported square footage), with a median home size of 2,148 square feet.

What kinds of homes are for sale in the Rainbow Elementary School zone?

Single-family homes: 17 (89%), median $320,000; Townhouses: 2 (11%).

How long have homes in the Rainbow Elementary School zone been on the market?

The median listing has been on the market 82 days, measured from the listing contract date across 19 listings.

Which neighborhoods in the Rainbow Elementary School zone have the most homes for sale?

Churchill Downs (3, median $299,900), Pine View Manor (2, median $312,500), Rainbow Estates (2, median $294,500).

What is the estimated monthly payment on a median-priced home in the Rainbow Elementary School zone?

About $2,316 per month at $299,900 with 10% down on a 30-year conventional loan at 7.32% (Freddie Mac PMMS), including estimated property tax (about 0.9% a year), $1,500 a year for insurance and mortgage insurance. Estimate only, not a lender. Use the calculator on this page to change the inputs.

Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.

Beyond homes

Also exploring Georgia investment real estate?

Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from the homes listed on this page.

Other property types for sale

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Thinking about a rental or a building instead? Send Jeff a message.

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