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HAPPY VALLEY, OR 97086

Real Estate Market Report
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The HAPPY VALLEY, OR real estate market (97086) currently shows 205 active listings, with 77 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 55 days on market compared to 67 days last year.

The median listing price has fallen 2.7% year-over-year, from $726,463 to $706,999.

Whether you are buying or selling in HAPPY VALLEY, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,537  ·  Density: 1,199.1/mi²  ·  Median household income: $100,185

Typical home value: $618,933  ·  Homeownership: 64.2%

Market Overview

Active Listings
205
⇩ 5.5% vs 217 last year
Pending
77
38% pending ratio
Median Price
$706,999
⇩ 2.7% vs $726,463 last year
Average Price
$795,068
⇩ 8.9% vs $872,745 last year
Days on Market
55
⇩ 17.9% vs 67 days last year

Price Per Square Foot

Median $/sqft
$282
vs $282/sqft last year
Median Home Size
2,540 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 205 this year vs 217 last year
  • Days on market: 55 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $706,999 (-2.7% YoY)
  • Average: $795,068 (-8.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.4 miles — 1,189 listings ($708,145,260 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97086Happy Valley, OR 970860.0 mi164$133,223,432$724,438$812,338
97236Portland, OR 972362.9 mi99$50,432,778$467,500$509,422
97206Portland, OR 972064.3 mi145$66,344,025$427,000$457,545
97222Portland, OR 972224.3 mi81$41,947,065$417,500$517,865
97267Portland, OR 972675.0 mi89$58,941,140$613,500$662,260
97027Gladstone, OR 970275.1 mi32$17,297,664$562,500$540,552
97202Portland, OR 972026.2 mi95$57,009,120$497,000$600,096
97080Gresham, OR 970807.1 mi158$90,477,752$525,000$572,644
97214Portland, OR 972147.4 mi41$26,454,184$639,925$645,224
97230Portland, OR 972307.9 mi123$49,933,326$394,700$405,962
97232Portland, OR 972328.1 mi22$13,404,710$315,000$609,305
97024Fairview, OR 970248.1 mi22$12,344,574$514,750$561,117
97239Portland, OR 972398.4 mi118$90,335,490$674,900$765,555

Frequently Asked Questions

How many homes are for sale in HAPPY VALLEY, OR 97086?

As of June 2026, there are 205 active listings in HAPPY VALLEY, OR (zip code 97086), compared to 217 the prior year.

What is the median home price in HAPPY VALLEY, OR 97086?

The median listing price in HAPPY VALLEY, OR 97086 is $706,999 as of June 2026, a 2.7% decrease from $726,463 the prior year.

How long do homes stay on the market in HAPPY VALLEY, OR?

Homes in HAPPY VALLEY, OR 97086 spend an average of 55 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in HAPPY VALLEY, OR 97086?

Based on current inventory and days-on-market data as of June 2026, HAPPY VALLEY, OR 97086 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 55 days on market compared to 67 days last year.

How much can I save on real estate commission in HAPPY VALLEY, OR?

With SELL123.com's maximum 3% commission, sellers in HAPPY VALLEY, OR 97086 save an estimated $14,140 compared to a typical 5% commission on the median listing price of $706,999. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.