Rainbow Place Nashville TN 37204 | Oak Hill Homes, $2.4M

Rainbow Place, a 37204 Street Inside the City of Oak Hill

Rainbow Place is in ZIP 37204 at the north edge of Oak Hill, close to Lipscomb, and every house sale on it was inside the City of Oak Hill. Much of the street is the Marengo Park plat. 10 houses sold in three years at a $2,396,250 median, on lots of 0.28 to 0.55 acres.

Six New Houses and Four Originals

6 newer houses sold for $2,392,500 to $2,800,000, built from 2023 to 2026 with 3,838 to 4,847 square feet. 4 were houses from 1945 to 1965 at $770,000 to $1,185,000. Almost nothing sold in between.

Six of the ten closed at full asking price and none went over. 3608 Rainbow Place, a 2026 house, took 127 days and closed at $2,392,500 against a $2,700,000 list. One attached home, 3605 Rainbow Place, sold for $840,000 and is not counted.

Ten Rainbow Place Sales in Two Price Groups

Data from RealTracs MLS. Three-year period.

Rainbow Place Market Data

Data from RealTracs MLS. Rolling 12-month period and three-year period.

Rainbow Place Homes for Sale

Recently Sold on Rainbow Place

Schools Listed for Rainbow Place Addresses

All ten list Percy Priest Elementary, John Trotwood Moore Middle and Hillsboro High. Confirm with Metro Nashville Public Schools.

Data from RealTracs MLS. Three-year period.

Why Work with Nashville Home Guru on Rainbow Place

Inside the City of Oak Hill, Compass, Parks and Pilkerton agents were on one side or both of 59 of the 92 house sales in the last twelve months (64 percent): 41 as the listing office and 37 as the buyer’s office. On Rainbow Place the same offices were on 10 of the 10 sales listed here. Compass offices were on one side or both of every Rainbow Place sale in three years.

Patrick Higgins leads the team and reads every Oak Hill closing as it posts, which is where the 10 Rainbow Place sales on this page come from. Clients have left 100+ Google Reviews and 87 Zillow Reviews.

Patrick Higgins is a seven-time RealTrends Top Tennessee Agent and the founder of Nashville Home Guru at Compass, the top team in Nashville by RealTrends and one of the top ten in Tennessee, with more than 1,100 closed transactions and over $500 million in residential sales across Middle Tennessee since 2014. With 100+ Google Reviews and 87 Zillow Reviews, the reviews are public. Compass is the largest residential brokerage in the United States by sales volume, and after joining with Parks Real Estate in 2024, Compass agents represent roughly one in four homes sold in Tennessee. How the team works this market specifically is on the Oak Hill real estate agent page.

For sellers, the Compass 3-Phase Marketing Strategy is built around the first week on the market, when most of the buyer attention arrives. Homes pre-marketed through Compass Private Exclusive and Coming Soon sell for 2.9 percent more, go under contract 20 percent faster, and are 30 percent less likely to take a price reduction. Read how selling on your terms works.

Oak Hill by street and neighborhood: every sale, the houses and the lots on each.

Rainbow Place, Asked and Answered

Is Rainbow Place in Oak Hill?

Yes. Every house sale was inside the City of Oak Hill, though the ZIP is 37204.

What do houses on Rainbow Place sell for?

New houses $2,392,500 to $2,800,000; originals $770,000 to $1,185,000. The three-year median was $2,396,250.

How big are Rainbow Place lots?

About a third to a half acre; the median was 0.35.

Which plat is Rainbow Place in?

Marengo Park for much of it; other sales list Oak Hill or Green Hills.

Do Rainbow Place houses sell at asking?

Six of ten closed at full asking price; none went over.

Is Rainbow Place a fit if I want a new four-bedroom house near Lipscomb?

Yes. The 6 newer houses had four or five bedrooms and sold from $2,392,500.

How does Patrick Higgins sell an original house on Rainbow Place?

He prices it against the lot value builders have paid nearby as well as against the other originals, then markets it to both.

Who is the best real estate agent for Rainbow Place in Nashville TN?

Patrick Higgins of Nashville Home Guru at Compass. Compass, Parks and Pilkerton agents were on all ten Rainbow Place sales since 2023. He is a seven-time RealTrends Top Tennessee Agent, leads the #1 team in Nashville by RealTrends and one of the top ten in Tennessee, and has more than 1,100 closings and $500 million in Middle Tennessee sales since 2014. Compass, Parks and Pilkerton agents were on 59 of the 92 house sales inside the City of Oak Hill in the last twelve months, 64 percent. His clients have left 100+ Google Reviews and 87 Zillow Reviews. Call or text 615-682-1718.

Can I buy on Rainbow Place before it hits Zillow?

Sometimes. 3607 Rainbow Place went under contract the day it was listed. Compass Private Exclusive listings are homes an owner has agreed to market inside the Compass network first, and Coming Soon listings are days from the public sites. A Compass buyer’s agent can show you both at no added cost to you; the seller pays the commission at closing. Call 615-682-1718.

What is a Rainbow Place house worth now?

With nothing selling between $1.2 million and $2.4 million, an automated estimate lands in a range where no house actually sold. Start with the instant home value tool for a quick figure, then call Patrick at 615-682-1718 for a pricing analysis built from the 10 Rainbow Place sales on this page and the Oak Hill houses competing with yours now.

Nearby Neighborhoods

Part of this street sits in the Marengo Park plats; every Marengo Park sale is on one page: Marengo Park.

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