Happy Valley, Gresham, OR
Happy Valley — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Happy Valley, Gresham, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Happy Valley Neighborhood Overview
Happy Valley is a thriving suburban community located in Gresham, Oregon, within Multnomah County (ZIP 97086). It offers a blend of residential comfort and modern convenience, appealing to families and professionals. The neighborhood is characterized by its well-maintained homes and strong sense of community.
Lifestyle & Amenities
The area provides a suburban lifestyle with a walkability score of 9.9 out of 20, indicating most errands require a car. Residents enjoy access to local parks, shopping centers, and dining options within a short drive. Its proximity to both natural areas and urban amenities creates a balanced living environment.
Real Estate Market
Happy Valley features an upper-mid market tier with a median home value of $621,700 and a median household income of $100,185. The 2023 mortgage data shows robust activity with 890 originations, predominantly conventional loans. Rental options are available with a median gross rent of $1,476 per month.
Schools & Education
Families are served by several nearby schools, including Spring Mountain Elementary and Happy Valley Elementary. The area also provides access to Happy Valley Middle School and Clackamas High School. Multiple other elementary schools are located within a short radius, offering educational choices.
Transportation & Connectivity
While primarily car-dependent, major roads provide efficient connections to surrounding areas like Clackamas and Portland. Its location offers a manageable commute to larger employment centers in the metro region. The neighborhood's layout prioritizes residential streets and ease of vehicular access.
Why Choose Happy Valley
Happy Valley is an ideal choice for those seeking a stable, family-friendly suburb with strong property values and good schools. It offers a quieter residential atmosphere while remaining well-connected to the greater Portland area. The community represents a sound investment in a desirable Pacific Northwest locale.
Happy Valley Market Data
| Metric | Value |
|---|---|
| Median Home Price | $622K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $100K |
| Homeownership Rate | 64.2% |
| Renter-Occupied | 35.8% |
| Rental Vacancy Rate | 5.7% |
| Market Type | Balanced |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97086 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 890 |
| VA Loan Originations | 24 |
| VA Loan Share | 2.7% |
| Conventional Loan Originations | 818 |
| FHA Loan Originations | 48 |
Top Real Estate Agents in Happy Valley, Gresham
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Happy Valley, Gresham, OR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12