Data as of February 2026. Source: Realtor.com.
The HAPPY VALLEY, OR real estate market (97086) currently shows 164 active listings, with 71 pending sales. Homes are averaging 47 days on the market before going under contract.
Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 47 days on market compared to 81 days last year.
The median listing price has fallen 3.7% year-over-year, from $752,490 to $724,438.
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.
Population: 32,537 · Density: 1,199.1/mi² · Median household income: $100,185
Typical home value: $618,933 · Homeownership: 64.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 97086 | Happy Valley, OR 97086 | 0.0 mi | 153 | $119,119,833 | $719,950 | $778,561 |
| 97236 | Portland, OR 97236 | 2.9 mi | 96 | $48,143,808 | $461,000 | $501,498 |
| 97206 | Portland, OR 97206 | 4.3 mi | 144 | $66,043,872 | $426,250 | $458,638 |
| 97222 | Portland, OR 97222 | 4.3 mi | 74 | $38,563,990 | $415,000 | $521,135 |
| 97267 | Portland, OR 97267 | 5.0 mi | 78 | $52,770,666 | $632,480 | $676,547 |
| 97027 | Gladstone, OR 97027 | 5.1 mi | 27 | $15,070,806 | $560,000 | $558,178 |
| 97202 | Portland, OR 97202 | 6.2 mi | 79 | $48,640,458 | $495,000 | $615,702 |
| 97080 | Gresham, OR 97080 | 7.1 mi | 138 | $79,950,162 | $525,000 | $579,349 |
| 97214 | Portland, OR 97214 | 7.4 mi | 36 | $22,827,384 | $599,950 | $634,094 |
| 97230 | Portland, OR 97230 | 7.9 mi | 124 | $50,902,000 | $409,500 | $410,500 |
| 97232 | Portland, OR 97232 | 8.1 mi | 18 | $9,251,478 | $295,000 | $513,971 |
| 97024 | Fairview, OR 97024 | 8.1 mi | 16 | $9,677,600 | $559,000 | $604,850 |
| 97239 | Portland, OR 97239 | 8.4 mi | 108 | $85,164,588 | $666,950 | $788,561 |
As of February 2026, there are 164 active listings in HAPPY VALLEY, OR (zip code 97086), compared to 169 the prior year.
The median listing price in HAPPY VALLEY, OR 97086 is $724,438 as of February 2026, a 3.7% decrease from $752,490 the prior year.
Homes in HAPPY VALLEY, OR 97086 spend an average of 47 days on the market before going under contract, compared to 81 days the prior year.
Based on current inventory and days-on-market data as of February 2026, HAPPY VALLEY, OR 97086 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 47 days on market compared to 81 days last year.
With SELL123.com's maximum 3% commission, sellers in HAPPY VALLEY, OR 97086 save an estimated $14,489 compared to a typical 5% commission on the median listing price of $724,438. 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.