Market Overview
Home Prices in Rainsville, AL
The median home value in Rainsville, AL is $234,667 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 5.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Rainsville are priced43% below average. Rainsville is part of the Fort Payne, AL metro area.
Over the past five years, Rainsville home values have risen by approximately35.7%, reflecting strong long-term appreciation in this market.
Price History
Rainsville Home Price Trend
City Comparison
Rainsville vs. National Median
At $234,667, homes in Rainsville cost 43% below the national median of $410,000. This makes Rainsville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Rainsville?
20% Down Payment
$46,933
on $234,667
Monthly P&I
$1,224/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,554/mo
incl. taxes & insurance
Income Needed
$62,160
gross annual (30% rule)
10% Down Option
$23,467
+ PMI applies
Loan Amount (20% dn)
$187,734
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Rainsville, AL?
The median home value in Rainsville is $234,667 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Rainsville?
Over the past year, home values in Rainsville have increased by 4.5%. Over five years, prices have risen approximately 35.7%.
How much do I need to earn to buy a home in Rainsville?
To comfortably afford the median home price of $234,667 with a 20% down payment ($46,933) at today's rates (6.8%), you'd need a gross annual income of approximately $62,160. This assumes keeping total housing costs at or below 30% of gross income.
How does Rainsville compare to the national average home price?
The national median home value is approximately $410,000. At $234,667, homes in Rainsville are 43% below the national average.
What metro area is Rainsville part of?
Rainsville is part of the Fort Payne, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.