House Prices

Rainbow Lake Elmer, NJ House Prices & Home Values 2026


Average Data

average house price$248,878
average size per house1710 ft²
average price per ft²142 $ / ft²

06/25/2026 - The value range (VR) for house prices in Rainbow Lake Elmer, NJ is $134.9/ sqft to $149.1/ sqft. An average home with 1710 sqft costs approximately $224,451 to $248,078. Elmer, NJ includes 1 ZIP codes and it is located in Salem county. The lowest prices are found in ZIP 08318, while the highest are in ZIP 08318. The average price per sqare feet is $142. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Rainbow Lake Elmer

08318141 $ / ft²




Historical development of home values in Rainbow Lake Elmer

Year Estimated value (USD) Change vs. 2025
2010 $115,583 -53.6%
2011 $111,114 -55.4%
2012 $110,815 -55.5%
2013 $114,957 -53.8%
2014 $120,673 -51.5%
2015 $126,866 -49.0%
2016 $133,487 -46.4%
2017 $140,692 -43.5%
2018 $148,470 -40.3%
2019 $155,354 -37.6%
2020 $163,385 -34.4%
2021 $185,833 -25.3%
2022 $216,640 -13.0%
2023 $228,457 -8.2%
2024 $241,673 -2.9%
2025 $248,878 0.0%

Graph: estimated home values in Rainbow Lake Elmer over time (USD)



Example: 100% financing house in Rainbow Lake Elmer

Loan amount: $248,878

Interest rate: 5.84%

Fixed monthly payment: $1,466.33

Breakdown in the 1st month:
Interest portion: $1,210.79  –  Principal portion: $255.54

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,446.10 $3,149.83 $245,728.17
2 $14,257.21 $3,338.71 $242,389.46
3 $14,057.00 $3,538.93 $238,850.53
4 $13,844.78 $3,751.15 $235,099.38
5 $13,619.83 $3,976.10 $231,123.29
6 $13,381.39 $4,214.53 $226,908.75
7 $13,128.66 $4,467.27 $222,441.48
8 $12,860.76 $4,735.16 $217,706.32
9 $12,576.81 $5,019.12 $212,687.20
10 $12,275.82 $5,320.10 $207,367.09
11 $11,956.79 $5,639.14 $201,727.95
12 $11,618.62 $5,977.31 $195,750.65
13 $11,260.18 $6,335.75 $189,414.90
14 $10,880.24 $6,715.69 $182,699.21
15 $10,477.51 $7,118.42 $175,580.79
16 $10,050.64 $7,545.29 $168,035.50
17 $9,598.16 $7,997.77 $160,037.73
18 $9,118.55 $8,477.37 $151,560.36
19 $8,610.19 $8,985.74 $142,574.62
20 $8,071.33 $9,524.60 $133,050.02
21 $7,500.16 $10,095.76 $122,954.26
22 $6,894.74 $10,701.18 $112,253.08
23 $6,253.02 $11,342.91 $100,910.17
24 $5,572.81 $12,023.12 $88,887.05
25 $4,851.81 $12,744.12 $76,142.93
26 $4,087.58 $13,508.35 $62,634.58
27 $3,277.51 $14,318.42 $48,316.16
28 $2,418.87 $15,177.06 $33,139.10
29 $1,508.73 $16,087.19 $17,051.91
30 $544.02 $17,051.91 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Rainbow Lake Elmer, NJ


1500 sqft3900 sqft
Ø selling price$250,772$533,459
Ø fast selling$227,974$480,114
Ø high price sale$273,569$586,805

In 2026, houses in Rainbow Lake Elmer, NJ will be offered at an average price of $142 per square foot. A 1,500 sqft home priced at $250,772 is 22.38% more expensive per square foot than a 3,900 sqft home priced at $533,459. Home prices in Rainbow Lake Elmer, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $369,318. Sellers who can wait longer may achieve a higher price of up to $451,389.

FAQ – Home Values in Rainbow Lake Elmer

What is the median home value in Rainbow Lake Elmer in 2026?

In 2026, the typical home value in Rainbow Lake Elmer is about $248,878 for an average home size of 1710 square feet. This corresponds to an average price of roughly $142 per square foot.

What is the average cost per square foot in Rainbow Lake Elmer?

In 2026, homes in Rainbow Lake Elmer sell for an average of around $142 per square foot, with a typical range between $134.9 and $149.1 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Rainbow Lake?

The average home size in Rainbow Lake Elmer is about 1710 square feet, with an estimated 2026 value around $248,878.



Neighborhoods close to Rainbow Lake Elmer, NJ

Estellville Estell Manor, NJ150 $ / ft²
Porchtown Franklinville, NJ164 $ / ft²
Bacons Neck Greenwich, NJ136 $ / ft²
Downtown Bridgeton Bridgeton, NJ147 $ / ft²
Holly Beach Wildwood, NJ309 $ / ft²
Miami Beach Villas, NJ354 $ / ft²
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