7217 Rainbow Ln
Frederick, MD 21702
- Studio
- 3 Baths
- 1,916 sqft
Studio
3 Baths
1,916 sqft
Home Value
Trulia Estimate
$525KSince last month
Decreased$9K (-1.7%)Since last year
Decreased$23K (-4.3%)Since last sale
Increased$402K (+327.8%)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 +55% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $525K |
| July 2026 | $527K |
| June 2026 | $534K |
| May 2026 | $537K |
| April 2026 | $539K |
| March 2026 | $533K |
| February 2026 | $524K |
| January 2026 | $522K |
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 |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $510,000 | 07/07/26 | 4 | 2.5 | 2,282 | |
0.22 | Single-Family Home | $587,000 | 07/17/26 | 4 | 2.5 | 2,272 | |
0.13 | Single-Family Home | $527,500 | 12/23/25 | 4 | 2.5 | 2,501 | |
0.25 | Single-Family Home | $615,000 | 06/17/26 | 3 | 3 | 2,928 | |
0.15 | Single-Family Home | $610,000 | 03/03/26 | 4 | 3 | 2,980 | |
0.48 | Single-Family Home | $382,000 | 07/31/26 | 4 | 2.5 | 1,962 | |
0.51 | Single-Family Home | $435,000 | 08/26/25 | 4 | 2.5 | 1,812 | |
0.27 | Single-Family Home | $615,000 | 06/29/26 | 4 | 3.5 | 2,861 | |
0.43 | Single-Family Home | $555,000 | 04/10/26 | 4 | 2.5 | 2,400 | |
0.32 | Single-Family Home | $605,000 | 04/20/26 | 4 | 3.5 | 3,042 |
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 |
|---|---|---|---|---|---|---|
0.11 | $599,200 | 4 | 2.5 | 2,536 | Off Market | |
0.07 | $415,000 | 3 | 1.5 | 1,400 | For Sale | |
0.06 | $529,000 | 3 | 3.5 | 1,552 | Off Market | |
0.13 | $546,400 | 3 | 2.5 | 2,258 | Off Market | |
0.14 | $658,600 | 4 | 3.5 | 3,236 | Off Market | |
0.13 | $527,500 | 4 | 2.5 | 2,501 | Recently Sold | |
0.08 | $510,000 | 4 | 2.5 | 2,282 | Recently Sold | |
0.18 | $674,800 | 4 | 2.5 | 3,662 | Off Market | |
0.15 | $610,000 | 4 | 3 | 2,980 | Recently Sold | |
0.13 | $514,300 | 3 | 2.5 | 2,216 | Off Market | |
0.18 | $610,000 | 4 | 3.5 | 3,456 | For Sale | |
0.22 | $587,000 | 4 | 2.5 | 2,272 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1986
Living Area
1,916 sqft
Price/Sqft
$274
Parking
Garage
About this House
This single-family home is located at 7217 Rainbow Ln, Frederick, MD. 7217 Rainbow Ln is in Frederick, MD and in ZIP code 21702. This property has 3 bathrooms and approximately 1,916 sqft of floor space. This property has a lot size of 10140 sqft and was built in 1986.
7217 Rainbow Ln, Frederick, MD 21702 is a studio, 3 bathroom, 1,916 sqft single-family home built in 1986. It last sold for $122,637 on Mar 11, 1986. It is currently off market. The Trulia Estimate is $524,600, with a rent estimate of $3,121/month.
Home Details for 7217 Rainbow Ln
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Interior Details Basement |
Heating & Cooling Heating: OtherAir ConditioningHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: Shake ShingleDeckExterior: OtherPatio |
Pool Pool |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1986 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Units in Building: 1 |
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Lot Area: 10140 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 11, 1986 Source: N/A | Sold | $122,637 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,969 | $399,400 |
Home facts updated by county records
Market trends in Frederick
Last updated July 2026
Avg. sale price
$441K
$7.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$224
$2MoM
Available listings
547
14MoM
Around this home
What Locals Say about Frederick
At least 861 Trulia users voted on each feature.
90 % Say it's dog friendly
87 % Say there are sidewalks
79 % Say car is needed
77 % Say parking is easy
75 % Say there's holiday spirit
74 % Say streets are well-lit
72 % Say yards are well-kept
71 % Say kids play outside
68 % Say people would walk alone at night
62 % Say it's walkable to restaurants
62 % Say it's quiet
62 % Say it's walkable to grocery stores
53 % Say neighbors are friendly
49 % Say they plan to stay for at least 5 years
46 % Say there's wildlife
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 7217 Rainbow Ln
Off Market Homes Near 7217 Rainbow Ln
Frequently asked questions about 7217 Rainbow Ln
- What is 7217 Rainbow Ln estimated to be worth?Trulia's estimated value for 7217 Rainbow Ln in Frederick, MD is $524,600.
- What is the price history for 7217 Rainbow Ln?7217 Rainbow Ln in Frederick, MD last sold for $122,637 in March 1986.
- Is Frederick a buyer's or seller's market?Frederick is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Frederick?The median sale price in Frederick is $441K. That is up $7.33K from the prior month.
- Does 7217 Rainbow Ln have a pool?Yes, 7217 Rainbow Ln in Frederick, MD has a pool.
- How big is the lot at 7217 Rainbow Ln?The lot at 7217 Rainbow Ln in Frederick, MD is about 0.23 acres (10,140 sq ft).