Median List Price

$694,450

Source: Chabi analysis of CREA DDF listings

Avg. Days on Market

47days

Source: Chabi analysis of CREA DDF listings

Walk Score

46

Source: Walk Score

Why people love RAINBOW FALLS

  • Restaurants

    Pizza Hut, Global Fusion Bistro, Saigon Chef 2

  • Parks & Trails

    Rainbow Falls Stormpond, Rainbow Falls park, Chestermere Community Garden

  • Shopping

    No Frills, NOFRILLS Liquorstore Chestermere, The Lakeshore Spa

  • Schools

    Our Lady of Wisdom School, Rainbow Creek Elementary School, Chestermere Lake Middle School

Market at a Glance

Median sold price in RAINBOW FALLS is up 39.7% since Dec 2025.

Median List Price

$694,450

+9.8% vs last month

Active Listings

16

-33.3% vs last month

New Listings (30 Days)

6

Avg. Days on Market

47 days

-21.7% vs last month

Homes Sold (11 mo)

49

Median Sold (Aug 2026)

$842,000

+39.7%$0$200K$400K$600K$800K
Dec 25Feb 26Apr 26May 26Jun 26Jul 26Aug 26

3-month rolling median of sold prices

What sold here

Detached 25Row/Townhouse 19Semi Detached (Half Duplex) 3
View full market report

Source: Chabi analysis of CREA DDF listings · Pillar9 VOW sold data

Homes for Sale

Daily life in RAINBOW FALLS

Restaurants

7 nearby

Parks & Trails

8 nearby

Shopping

9 nearby

Schools

3 nearby

Gym & Fitness

7 nearby

Coffee Shops

Data coming soon

Transit

8 nearby

Lake Access

Data coming soon

Data sources

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Example savings are illustrative and may not be representative of actual customer savings. Rebate is paid once Chabi receives its commission, within up to three weeks after closing, and is not transferable and may not be rolled over. Additional terms, conditions and exclusions apply; see our Terms of Service. Rebate is subject to change at any time, except as otherwise required by law or expressly agreed to in writing.

MLS® System data displayed on this website is refreshed at least once every 24 hours.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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