12031 Rainbow Ave, Anchorage, AK 99516
OFF MARKET

$400,800

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,020 sqft (on 0.50 acres)

12031 Rainbow Ave, Anchorage, AK 99516

Huffman-O'Malley
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Home Value

Trulia Estimate
$401K
Since last month
Decreased$3K (-0.7%)
Since last year
Increased$18K (+4.6%)
Since last sale
Increased$353K (+735.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +35% in the last 10 years
MonthEstimated value
2026
August 2026$401K
July 2026$404K
June 2026$404K
May 2026$405K
April 2026$394K
March 2026$389K
February 2026$382K
January 2026$375K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
12145 Rainbow Ave, Anchorage, AK
0.08
Single-Family Home
-
09/19/25
4
2
2,016
12170 Woodward Dr, Anchorage, AK
0.06
Single-Family Home
-
02/27/26
3
2.5
1,486
2531 Cleo Ave, Anchorage, AK
0.19
Single-Family Home
-
07/16/26
3
2
1,580
12203 Woodward Dr, Anchorage, AK
0.09
Single-Family Home
-
07/28/26
5
2
2,329
2500 Sebring Cir, Anchorage, AK
0.13
Single-Family Home
-
07/10/26
3
2.5
1,833
2649 Timberview Dr, Anchorage, AK
0.26
Single-Family Home
-
05/27/26
3
2
1,706
12343 Woodward Dr, Anchorage, AK
0.18
Single-Family Home
-
10/22/25
3
2.5
1,588
2440 Cleo Ave, Anchorage, AK
0.12
Single-Family Home
-
04/15/26
3
3
2,010
12201 Woodchase Cir, Anchorage, AK
0.36
Single-Family Home
-
03/27/26
3
2.5
1,710
1970 Brandilyn St, Anchorage, AK
0.23
Single-Family Home
-
06/30/26
4
2.5
2,699

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
12170 Woodward Dr, Anchorage, AK 99516
0.06
-
3
2.5
1,486
Recently Sold
12100 Rainbow Ave, Anchorage, AK 99516
0.05
$562,000
4
2
2,688
Off Market
12130 Rainbow Ave, Anchorage, AK 99516
0.06
$419,100
3
2
1,144
Off Market
12145 Rainbow Ave, Anchorage, AK 99516
0.08
$496,900
4
2
2,016
Off Market
2200 Dolly Varden Ave, Anchorage, AK 99516
0.05
$450,500
3
2
1,347
Off Market
12203 Woodward Dr, Anchorage, AK 99516
0.09
-
5
2
2,329
Recently Sold
2400 Wintercrest, Anchorage, AK
0.13
$662,500
4
3
2,427
Off Market
12230 Rainbow Ave, Anchorage, AK 99516
0.14
$469,900
3
2
1,416
Off Market
12324 Silver Spruce Cir, Anchorage, AK 99516
0.16
$674,800
3
2.5
2,355
Off Market
L3 Silver Spruce Cir, Anchorage, AK 99507
0.16
$688,600
4
2.5
2,550
Off Market
L10 Silver Spruce Cir, Anchorage, AK 99507
0.16
$732,600
4
2.5
2,800
Off Market
11941 Northern Raven Dr, Anchorage, AK 99516
0.10
$369,000
2
1
910
Off Market

Local Information

  • Map ViewExplore the area around 12031 Rainbow Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1970
Lot Size
0.5 acres
Living Area
1,020 sqft
Price/Sqft
$393
Parking
Garage

About this House

This single-family home is located at 12031 Rainbow Ave, Anchorage, AK. 12031 Rainbow Ave is in the Huffman-O'Malley neighborhood in Anchorage, AK and in ZIP code 99516. This property has 3 bedrooms, 1 bathroom and approximately 1,020 sqft of floor space. This property has a lot size of 0.50 acres and was built in 1970.
12031 Rainbow Ave, Anchorage, AK 99516 is a 3 bedroom, 1 bathroom, 1,020 sqft single-family home in Huffman-O'Malley, built in 1970. It last sold for $48,000 on Mar 20, 2009. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $400,800, with a rent estimate of $2,334/month.

Home Details for 12031 Rainbow Ave

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1970Year Updated: 1970
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Exterior Features

Exterior Home Features
Exterior: Wood
Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 0.50 acres

Price and Tax history

DateEventPrice
Mar 20, 2009
Source: N/A
Sold
--

Market trends in Anchorage

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$417K
$21.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$255
$3MoM
Available listings
599
58MoM

Around this home

Neighborhood Overview

Huffman-O'Malley
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Huffman-O'Malley

At least 79 Trulia users voted on each feature.

  • 96 % Say parking is easy

  • 95 % Say it's dog friendly

  • 91 % Say car is needed

  • 86 % Say yards are well-kept

  • 83 % Say there's wildlife

  • 82 % Say people would walk alone at night

  • 79 % Say it's quiet

  • 76 % Say kids play outside

  • 74 % Say there's holiday spirit

  • 65 % Say neighbors are friendly

  • 59 % Say they plan to stay for at least 5 years

  • 55 % Say there are sidewalks

  • 55 % Say streets are well-lit

  • 51 % Say it's walkable to grocery stores

  • 30 % Say it's walkable to restaurants

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Chris
    "South side but still diverse enough to make it feel real. Limited to no homeless or vagrants and for anchorage that’s great!! I like our community and feeling of safety. Kids play in yards and street and they are safe. "
    7
    Flag
  • Trulia User
    "Wonderful neighborhood, safe, best schools close, close shopping and maintained yards. Close to bus stops ."
    1
    Flag
  • Unknown N.
    "I’ve lived in this neighborhood for over 15 years. It is a safe, well established neighborhood with older, custom built homes, with residents who take beautiful care of their lawns and homes. The area is lovely, and walkable both for exercise, for kids to go to school, etc. Holidays are my favorite, driving home and seeing each house decorated for the season. I also love the view of the mountains from my back deck. ;)"
    4
    Flag
  • Dee M.
    "Great neighborhood and friendly people. Well kept yards, very nice houses with beautiful trees. Holidays, and the summers are especially nice for us. I like the way property values hold up also. A very good mix of the generations in our neighbors."
    3
    Flag
  • Thewellmans15
    "Very family friendly neighborhood. People are always out with their kids. People generally drive slowly because the kids play in the front yards or ride their bikes in the neighborhood. "
    0
    Flag
  • Tanya M. R.
    "Larger lots for Anchorage but people are very friendly. All the seclusion of the country with all the amenities of Alaska’s largest city. "
    3
    Flag
  • Veronicacpage
    "My neighbors are rude and don't want contact, they don't want friends, don't like dogs or pets in general and are not willing to help."
    8
    Flag
  • Maureen b.
    "I have lived here for 16 years. Great neighborhood. Kids play, great place to take walks with your family and pets. Fencing keeps the street safe from outside traffic. Walking distance to Huffman business park. Love it here."
    5
    Flag
  • Pho907
    "Live here for 3 years now. Quiet on a dead end street. Almost all neighbors are friendly. Feel safe walking the streets "
    3
    Flag
  • ktandmet
    "this part of Anchorage has the best rated schools, close to Fire and Police, is a quiet cul de sac, low crime, and walking paths."
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 12031 Rainbow Ave

  • What is 12031 Rainbow Ave estimated to be worth?
    Trulia's estimated value for 12031 Rainbow Ave in Anchorage, AK is $400,800.
  • What is the price history for 12031 Rainbow Ave?
    12031 Rainbow Ave in Anchorage, AK last sold in March 2009.
  • Is Anchorage a buyer's or seller's market?
    Anchorage is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Anchorage?
    The median sale price in Anchorage is $417K. That is up $21.67K from the prior month.
  • Does 12031 Rainbow Ave have air conditioning?
    Yes, 12031 Rainbow Ave in Anchorage, AK has air conditioning.
  • How big is the lot at 12031 Rainbow Ave?
    The lot at 12031 Rainbow Ave in Anchorage, AK is about 0.50 acres (21,900 sq ft).

Explore by feature - Pet Friendly

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Off Market Homes Near 12031 Rainbow Ave

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