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Market Watch
August 21, 2026· Updated September 6, 2026
5 min read

Happy Valley, OR Housing Market 2026: What Homes Actually Sell For

What homes actually sell for in Happy Valley: a median closing price of $696,917 across 304 closings Resideline tracked over the last six months, plus the full price spread.

Resideline Team
Happy Valley, OR Housing Market 2026: What Homes Actually Sell For

Happy Valley closes a lot of homes into a narrow band, which makes its median unusually informative: sales over the last six months land close together, so the citywide number is a real anchor rather than an average of extremes.

The snapshot

  • Closings tracked, last 6 months: 304
  • Median sold price, last 6 months: $696,917
  • Median sold $/sqft, last 6 months: $276
  • Middle half of sales closed between: $599,995 and $826,885

What could a property in Happy Valley be worth?

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What the numbers say

Resideline tracked 304 closed sales in Happy Valley over the last six months, with a median closing price of $696,917. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $599,995 and $826,885. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 86% of the Happy Valley closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 304 closings with usable living area, the middle half sold between $251 and $312 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Happy Valley, OR (September 2026)

The median home price in Happy Valley is $696,917, measured across the 304 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $599,995 and $826,885.

Where Happy Valley sale prices land

What homes actually sell for in Happy Valley
Closed sale prices over the last six months. Middle half of sales: $600k to $827k
Tap to enlarge
$400k to $496k: 33 sales$400k$496k to $592k: 19 sales$592k to $688k: 74 sales74sales$592k$688k to $784k: 63 sales$784k to $880k: 25 sales$784k$880k to $975k: 18 sales$975k to $1.07M: 8 sales$975k$1.07M to $1.17M: 5 salesMedian $697k

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Happy Valley over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $599,995 and $826,885. Among the 32 Oregon markets with a published band, Happy Valley's middle-half spread ($599,995 to $826,885) ranks 5th from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 8th percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.

Median sold price per square foot
Happy Valley monthly medians for the complete months inside the last six months, Apr 2026 to Aug 2026, among qualifying closings with usable living area. 5 months plotted.
Tap to enlarge
Apr 2026: $272 per square foot across 64 sales$272AprMay 2026: $276 per square foot across 84 sales$276MayJun 2026: $291 per square foot across 58 sales$291JunJul 2026: $276 per square foot across 34 sales$276JulAug 2026: $272 per square foot across 24 sales$272Aug

How long a sale takes here

  • Listed to under contract: a median of 15 days, across 190 Happy Valley closings Resideline tracked in the last six months
  • Contract to closing: a median of 31 days, across 230 Happy Valley closings Resideline tracked in the last six months
Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 304 closings above: a sale is counted here only when we hold both of its dates.

The Happy Valley angle

Happy Valley compresses its closings into a band tighter than most markets we track, which is the condition under which a citywide figure is most defensible. $696,917 sits nearer to more of the market here, so it functions as a starting point rather than a placeholder. That is genuinely useful for a first conversation, for screening, and for checking whether a quoted number is in a sensible region. The limits are the usual ones. The middle half of sales is half, so the closings above $826,885 and below $599,995 are ordinary properties. And compression narrows the range without making homes interchangeable. Since the upper part of the band is the wider stretch, comps that sit above the subject on size or finish will pull an estimate up more than the tight band might suggest.

From market read to offer price

A tight market makes the next step easier: the citywide anchor sits close to most homes, and a report only has to explain the gap. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Happy Valley address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

code
Source: Resideline Market Watch
Market: Happy Valley, OR
Geography: incorporated municipality, Census place 4132050
Data updated: September 2026
Analysis period: last six months
Tracked closings: 304
Median sold price: $696,917
Median sold $/sqft: $276 (304 qualifying)
Property mix: 86% houses
https://resideline.com/blog/happy-valley-or-housing-market

Writing about this market? Paste this into your post:

code
<a href="https://resideline.com/blog/happy-valley-or-housing-market">
  <img src="https://resideline.com/images/embed/happy-valley-or.png" alt="Happy Valley, OR home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/happy-valley-or-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Happy Valley over the last six months, and is refreshed when the data is.

Frequently Asked Questions

What is the median home price in Happy Valley?

The median sold price in Happy Valley over the last 6 months is $696,917, measured across 304 closings Resideline tracked.

How many homes sold in Happy Valley last month?

Resideline tracked 24 closed sales in Happy Valley in August 2026, out of 304 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.

What is the typical sale price range in Happy Valley?

The middle half of Happy Valley sales over the last six months closed between $599,995 and $826,885, with a median of $696,917.

What is the typical price per square foot in Happy Valley?

Among qualifying Happy Valley closings Resideline tracked over the last six months, the median sold price per square foot was $276, measured across 304 sales with usable living area. Median is used rather than average because outliers distort the mean.

If prices here are so consistent, do I still need comparable sales?

Yes, because consistency across a city is not similarity between two houses. A tighter band than most markets we track means there is less room for a shortcut to be wrong, and it does not mean a specific home sits at the midpoint. The distance from $599,995 to $826,885 is still real money, and half of all closings sit outside that stretch. Comparable sales matched on property type, size and condition are what place a particular address inside the range rather than at its centre.

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