Call or Text (240) SELL-123

HAPPY VALLEY, OR 97086

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

Market Analysis

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for HAPPY VALLEY, OR 97086 and connect with motivated buyers & sellers.
Contact SELL123.com →

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
164
⇩ 3% vs 169 last year
Pending
71
43% pending ratio
Median Price
$724,438
⇩ 3.7% vs $752,490 last year
Average Price
$812,338
⇩ 13.6% vs $940,646 last year
Days on Market
47
⇩ 42% vs 81 days last year

Price Per Square Foot

Median $/sqft
$283
⇩ 1.4% vs $287/sqft last year
Median Home Size
2,585 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 164 this year vs 169 last year
  • Days on market: 47 now vs 81 last year

Median & Average Pricing

Year over Year
  • Median: $724,438 (-3.7% YoY)
  • Average: $812,338 (-13.6% 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 — 1,091 listings ($646,126,645 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97086Happy Valley, OR 970860.0 mi153$119,119,833$719,950$778,561
97236Portland, OR 972362.9 mi96$48,143,808$461,000$501,498
97206Portland, OR 972064.3 mi144$66,043,872$426,250$458,638
97222Portland, OR 972224.3 mi74$38,563,990$415,000$521,135
97267Portland, OR 972675.0 mi78$52,770,666$632,480$676,547
97027Gladstone, OR 970275.1 mi27$15,070,806$560,000$558,178
97202Portland, OR 972026.2 mi79$48,640,458$495,000$615,702
97080Gresham, OR 970807.1 mi138$79,950,162$525,000$579,349
97214Portland, OR 972147.4 mi36$22,827,384$599,950$634,094
97230Portland, OR 972307.9 mi124$50,902,000$409,500$410,500
97232Portland, OR 972328.1 mi18$9,251,478$295,000$513,971
97024Fairview, OR 970248.1 mi16$9,677,600$559,000$604,850
97239Portland, OR 972398.4 mi108$85,164,588$666,950$788,561

Frequently Asked Questions

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

As of February 2026, there are 164 active listings in HAPPY VALLEY, OR (zip code 97086), compared to 169 the prior year.

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

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.

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

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.

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 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.

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 $14,489 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.