Housing in Happy Valley, CA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$337,500

Median List Price

$359,000

Price Per Sq Ft

$247

Days on Market

48

Active Inventory

16

Months of Supply

4.0

Balanced market

Price Trends

Source: Redfin
Sale Price 92.9%List Price 34.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

25.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
25.0%
Under Contract in 2 Wks
33.3%
Listings with Price Drops
43.8%

Market Activity

Source: Redfin

Homes Sold

4

New Listings

5

Pending Sales

6

Homes Sold 300.0%New Listings 66.7%Pending 20.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$247

Median List $/SF

$235

Sale $/SF 133.0%List $/SF 8.2%Mar 24Jan 26

Happy Valley vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Happy Valley is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$293,800

Median Rent

$1,766

Total Housing Units

2,301

Vacancy Rate

8.6%

Owner Occupied

86.5%

Renter Occupied

13.5%

Median Property Tax

$2,354

per year

Monthly Cost (w/ Mortgage)

$1,516

Housing Types

Single Family
69.9%
Multi-Family
0.0%
Mobile Home
30.1%

The current median sale price in Happy Valley, CA is $337,500 according to Redfin data. Homes spend a median of 48 days on the market. 25.0% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $247. The median rent is $1,766 per month (Census ACS). About 86.5% of housing units are owner-occupied. The median year homes were built is 1978. There are 2,301 total housing units.