Housing in Happy Valley, NM
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$244,500
Median List Price
N/A
Price Per Sq Ft
$193
Days on Market
97
Active Inventory
1
Months of Supply
0.5
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Market Activity
Source: RedfinHomes Sold
2
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$193
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
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$144,400
Median Rent
$1,153
Total Housing Units
355
Vacancy Rate
8.2%
Owner Occupied
86.5%
Renter Occupied
13.5%
Median Property Tax
$296
per year
Monthly Cost (w/ Mortgage)
$362
Housing Types
The current median sale price in Happy Valley, NM is $244,500 according to Redfin data. Homes spend a median of 97 days on the market. 0.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $193. The median rent is $1,153 per month (Census ACS). About 86.5% of housing units are owner-occupied. The median year homes were built is 1959. There are 355 total housing units.