Is there wildlife in Independence, VA?

As of early 2026, 100% of users say there's wildlife

Are yards well-kept in Independence, VA?

As of early 2026, 100% of users say yards are well-kept

Is parking easy in Independence, VA?

As of early 2026, 100% of users say parking is easy

Is a car needed in Independence, VA?

As of early 2026, 83% of users say car is needed

Do residents of Independence, VA plan to stay at least 5 years?

As of early 2026, 75% of users say they plan to stay for at least 5 years

Does Independence, VA show holiday spirit?

As of early 2026, 71% of users say there's holiday spirit

Would people walk alone at night in Independence, VA?

As of early 2026, 67% of users say people would walk alone at night

Do kids play outside in Independence, VA?

As of early 2026, 67% of users say kids play outside

Does Independence, VA have sidewalks?

As of early 2026, 50% of users say there are sidewalks

Are neighbors friendly in Independence, VA?

As of early 2026, 43% of users say neighbors are friendly

Is Independence, VA quiet?

As of early 2026, 40% of users say it's quiet

Is Independence, VA walkable to restaurants?

As of early 2026, 33% of users say it's walkable to restaurants

Is Independence, VA walkable to grocery stores?

As of early 2026, 33% of users say it's walkable to grocery stores

Is Independence, VA dog-friendly?

As of early 2026, 25% of users say it's dog friendly

Are the streets well-lit in Independence, VA?

As of early 2026, 20% of users say streets are well-lit

What is 348 Rainbow Cir estimated to be worth?

Trulia's estimated value for 348 Rainbow Cir in Independence, VA is $235,500 .

What is the price history for 348 Rainbow Cir?

348 Rainbow Cir in Independence, VA last sold for $230,000 in August 2025.

Is Independence a buyer's or seller's market?

Independence is currently a balanced market, based on recent for-sale activity.

What are the closest schools to 348 Rainbow Cir?

The closest schools to 348 Rainbow Cir in Independence, VA are Grayson County High School (rated 7/10), Independence Elementary School (Pre-K, rated 5/10), Independence Middle School (rated 7/10).

Does 348 Rainbow Cir have air conditioning?

Yes, 348 Rainbow Cir in Independence, VA has air conditioning.

Does 348 Rainbow Cir have laundry facilities?

Yes, 348 Rainbow Cir in Independence, VA has in-unit laundry.

OFF MARKET

$235,500

Trulia Estimate

3 Beds
2 Baths
2,500 sqft (on 0.28 acres)

348 Rainbow Cir, Independence, VA 24348

Est. Refi. Payment $1,461/mo*

Refinance Your Home

Currently Off Market - Sold Aug 28, 2025 for $230,000

Home Value

Trulia Estimate

$236K

Since last month

$400 (-0.2%)

Since last year

$5K (+2.1%)

Since last sale

$5K (+2.3%)

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 +154% in the last 10 years

Month	Estimated value
2026
September 2026	$235K
August 2026	$236K
July 2026	$236K
June 2026	$237K
May 2026	$236K
April 2026	$236K
March 2026	$234K
February 2026	$232K
January 2026	$232K
2025
December 2025	$233K
November 2025	$231K
October 2025	$230K
September 2025	$231K
August 2025	$221K
July 2025	$219K
June 2025	$221K
May 2025	$223K
April 2025	$230K
March 2025	$235K
February 2025	$153K
January 2025	$154K
2024
December 2024	$155K
November 2024	$158K
October 2024	$171K
September 2024	$171K
August 2024	$174K
July 2024	$171K
June 2024	$172K
May 2024	$171K
April 2024	$167K
March 2024	$164K
February 2024	$159K
January 2024	$157K
2023
December 2023	$157K
November 2023	$153K
October 2023	$160K
September 2023	$159K
August 2023	$155K
July 2023	$156K
June 2023	$157K
May 2023	$162K
April 2023	$157K
March 2023	$157K
February 2023	$162K
January 2023	$166K
2022
December 2022	$164K
November 2022	$164K
October 2022	$162K
September 2022	$160K
August 2022	$162K
July 2022	$161K
June 2022	$160K
May 2022	$161K
April 2022	$160K
March 2022	$129K
February 2022	$97K
January 2022	$74K
2021
December 2021	$72K
November 2021	$69K
October 2021	$69K
September 2021	$68K
August 2021	$65K
July 2021	$65K
June 2021	$65K
May 2021	$64K
April 2021	$63K
March 2021	$63K
February 2021	$63K
January 2021	$62K
2020
December 2020	$62K
November 2020	$62K
October 2020	$62K
September 2020	$61K
August 2020	$103K
July 2020	$105K
June 2020	$106K
May 2020	$108K
April 2020	$106K
March 2020	$105K
February 2020	$108K
January 2020	$109K
2019
December 2019	$111K
November 2019	$113K
October 2019	$115K
September 2019	$115K
August 2019	$114K
July 2019	$113K
June 2019	$112K
May 2019	$112K
April 2019	$111K
March 2019	$111K
February 2019	$110K
January 2019	$109K
2018
December 2018	$108K
November 2018	$108K
October 2018	$108K
September 2018	$107K
August 2018	$107K
July 2018	$107K
June 2018	$107K
May 2018	$106K
April 2018	$106K
March 2018	$105K
February 2018	$105K
January 2018	$105K
2017
December 2017	$104K
November 2017	$104K
October 2017	$103K
September 2017	$103K
August 2017	$103K
July 2017	$102K
June 2017	$102K
May 2017	$102K
April 2017	$101K
March 2017	$101K
February 2017	$101K
January 2017	$101K
2016
December 2016	$100K
November 2016	$93K
October 2016	$93K
September 2016	$92K

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
249 Hilltop Dr, Independence, VA	0.59	Single-Family Home	$208,900	09/21/26	3	2	1,794
523 Melrose Ln, Independence, VA	0.24	Single-Family Home	$189,000	08/17/26	3	1	1,260
502 Powerhouse Rd, Independence, VA	0.31	Single-Family Home	$140,000	01/13/26	4	2	1,636
209 Bond Ave, Independence, VA	0.52	Single-Family Home	$236,245	08/24/26	3	1	1,339
409 S Independence Ave, Independence, VA	0.84	Single-Family Home	$195,000	07/22/26	3	2	1,755
166 Dogwood Ln, Independence, VA	1.22	Single-Family Home	$240,000	11/04/25	3	3	1,797
32 Stoneacres Lane, Independence, VA	1.23	Single-Family Home	$110,000	02/02/26	3	2	1,594
213 Beaverstone Ln, Independence, VA	1.12	Single-Family Home	$285,000	12/12/25	3	2	1,647

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
1011 Main St, Independence, VA 24348	0.17	$409,900	3	1.5	1,665	Off Market
523 Melrose Ln, Independence, VA 24348	0.24	$189,000	3	1	1,260	Recently Sold
Morton Dr, Independence, VA 24348	0.22	-	-	-	-	Off Market
502 Powerhouse Rd, Independence, VA 24348	0.31	$140,000	4	2	1,636	Recently Sold
Powerhouse Rd, Independence, VA 24348	0.31	$82,500	-	-	-	For Sale
727 Oak Ridge Dr, Independence, VA 24348	0.31	$298,500	3	2.5	2,341	Off Market
Grayson Pkwy, Independence, VA 24348	0.31	$89,900	-	-	-	Recently Sold
Tbd Grayson Pkwy, Independence, VA 24348	0.31	-	-	-	-	Off Market
310 Hillcrest Ave, Independence, VA 24348	0.52	$201,600	2	1	950	Off Market
209 Bond Ave, Independence, VA 24348	0.52	$236,245	3	1	1,339	Recently Sold
411 Williams St, Independence, VA 24348	0.57	-	3	2	1,690	Off Market

Local Information

Map ViewExplore the area around 348 Rainbow Cir.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

Home Highlights

Single-Family Home

Built in 1970

0.28 acre lot

2,500 sqft

$94/sqft

Open Parking

About this House

This lovely brick colonial ranch offers a country living atmosphere while still being conveniently located in town, and all of the local amenities. The kitchen was recently remodeled with new easy close cabinetry, stainless farm sink, updated hardware, granite countertops, subway tile, new industrial pendant lighting at the bar/island and contemporary ceiling fan/light combo. Also find a convenient filler faucet at the range for easy filling of pots/pans for boiling and steaming. All newer appliances, with a Refrigerator that is only 2 years old. The kitchen boasts an exposed brick wall, complete with a flue for rustic charm, and new open shelving. All of the main living areas and the hall have oak hardwood flooring while the new sunroom has ceramic tile, and the hall bathroom has been updated with ceramic tile, and chrome lighting and faucets. The ‘always dry' basement has loads of storage space, is finished with a woodstove, a bathroom, and a laundry area. The washer is 1 year old, and the dryer a relatively new front loader.. This home comes with a generator to insure comforts even in a power outage. The living room and sunroom are spacious & have ample outside and interior lighting for a bright and airy feel. Outside you will find a large deck, large backyard complete with gorgeous flower beds that will be in full bloom with the coming season. Also, notice the easy paved driveway. Trash is collected weekly and included in the monthly water and sewer bill. Owners have made friendships to last a lifetime in the neighborhood. Independence is nestled in the heart of the Blue Ridge Mountains, and is a hidden gem that offers tranquility of nature's embrace, heaped by a tapestry of American history. This idyllic area is a haven for those seeking to disconnect from the hustle and bustle and reside in a more intimate, personalized area, as Independence is the epitome of “small town America.”

348 Rainbow Cir, Independence, VA 24348 is a 3 bedroom, 2 bathroom, 2,500 sqft single-family home built in 1970. It last sold for the $229,900 asking price on Aug 28, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $235,500, with a rent estimate of $1,398/month.

Last check for updates: about 20 hours ago

Listed by Annpaige Harris, (276) 692-4444

Virginia Mountain Realty, (276) 728-7355

Bought with: Michael Shumate, (276) 237-0636, Cox Realty, (276) 236-5171

Source: SWVAR, MLS#98970

Home Details for 348 Rainbow Cir

Interior Features
Interior Details Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bathroom, Bathroom 2, Dining Room, Kitchen, Basement
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 1
Dimensions and Layout Living Area: 2500 Square Feet
Appliances & Utilities Appliances: Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Electric Water HeaterDishwasherDisposalDryerLaundry: Lower LevelMicrowaveRefrigeratorWasher
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Electric
Fireplace & Spa Fireplace: Brick, Flue, MasonryHas a Fireplace
Gas & Electric Gas: Installed
Windows, Doors, Floors & Walls Window: Insulated Windows, Tilt Windows
Levels, Entrance, & Accessibility Stories: 1

Exterior Features
Exterior Home Features Roof: ShinglePatio / Porch: Open Deck, Porch CoveredOther Structures: Shed(s)Exterior: GardenFoundation: Brick/MortarGarden
Parking & Garage No CarportNo GarageNo Attached GarageHas Open ParkingParking: None,Paved
Frontage Waterfront: NoneRoad Surface Type: PavedNot on Waterfront
Water & Sewer Sewer: Public Sewer
Finished Area Finished Area (above surface): 1350 Square FeetFinished Area (below surface): 1150 Square Feet

Property Information
Year Built Year Built: 1970
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Colonial,Ranch
Building Construction Materials: Brick, Dry Wall

Price & Status
Price List Price: $229,900

Active Status
MLS Status: Sold

Media
See Virtual Tour

Location
Direction & Address City: Independence
School Information Elementary School: IndependenceJr High / Middle School: IndependenceHigh School: Grayson County

Building
Building Area Building Area: 2500 Square Feet

HOA
HOA Fee Includes: NoneNo HOA

Lot Information
Lot Area: 0.28 acres

Miscellaneous
BasementMls Number: 98970Water View: NoneAbove Grade Unfinished Area: 1350

Price and Tax history

Date	Event	Price
Aug 28, 2025 Source: SWVAR #98970	Sold	$230,000
Jul 7, 2025 Source: SWVAR #98970	Contingent	$229,900
May 15, 2025 Source: SWVAR #98970	PriceChange	$229,900 Price decreased by 2%
Apr 15, 2025 Source: SWVAR #98970	PriceChange	$235,000 Price decreased by 2%
Mar 26, 2025 Source: SWVAR #98970	PriceChange	$239,000 Price decreased by 1%
Mar 22, 2025 Source: SWVAR #98970	PriceChange	$242,000 Price decreased by 3%
Mar 15, 2025 Source: SWVAR #98970	Listed For Sale	$249,900
Jul 29, 2020 Source: N/A	Sold	$61,000
Dec 7, 2016 Source: N/A	Sold	$100,000
Jul 15, 2016 Source: Agent Provided	Listed For Sale	$99,500
Oct 28, 2015 Source: N/A	Sold	$90,000

Year	Property tax	Tax assessment
2025	$558	$96,200

Additional Cost

Market trends in Independence

Last updated August 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

2MoM

Around this home

Independence Elementary School
PK-5
Public
287 Students
Grayson County Public Schools
5/10
GreatSchools Rating
Parent Rating Average
No reviews available for this school.

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Independence

At least 3 Trulia users voted on each feature.

100 % Say there's wildlife
100 % Say yards are well-kept
100 % Say parking is easy
83 % Say car is needed
75 % Say they plan to stay for at least 5 years
71 % Say there's holiday spirit
67 % Say people would walk alone at night
67 % Say kids play outside
50 % Say there are sidewalks
43 % Say neighbors are friendly
40 % Say it's quiet
33 % Say it's walkable to restaurants
33 % Say it's walkable to grocery stores
25 % Say it's dog friendly
20 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.

Ky6wpx85rm
Resident
2y ago
"There is a wonderful park with a trail you can walk your dog. There is a basketball, court, baseball fields, tennis courts, community, pool, and the main thing about living in Independence Virginia is most of the homes have land so you actually have more space for your dogs/Animal to run Free"
2
Flag
Splash2371
Resident
8y ago
"nothing has changed here in twenty years, and we like it that way. we do not like people coming here and trying to change things. they usually will move away after awhile if they try.. "
0
Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 348 Rainbow Cir

What is 348 Rainbow Cir estimated to be worth?
Trulia's estimated value for 348 Rainbow Cir in Independence, VA is $235,500.
What is the price history for 348 Rainbow Cir?
348 Rainbow Cir in Independence, VA last sold for $230,000 in August 2025.
Is Independence a buyer's or seller's market?
Independence is currently a balanced market, based on recent for-sale activity.
What are the closest schools to 348 Rainbow Cir?
The closest schools to 348 Rainbow Cir in Independence, VA are Grayson County High School (rated 7/10), Independence Elementary School (Pre-K, rated 5/10), Independence Middle School (rated 7/10).
Does 348 Rainbow Cir have air conditioning?
Yes, 348 Rainbow Cir in Independence, VA has air conditioning.
Does 348 Rainbow Cir have laundry facilities?
Yes, 348 Rainbow Cir in Independence, VA has in-unit laundry.