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Happy Valley, OR Homes for Sale under $500,000

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  • /34

    $459,900

    • 4 Beds
    • 2.5 Baths
    • 2,258 Sq Ft

    12672 SE 172nd Ave, Happy Valley, OR 97086

    Modern townhome in prime Happy Valley location. Bright open floor plan with large kitchen island, walk-in pantry, and peaceful territorial views. Upstairs: 3 bedrooms all come with walk-in closets, laundry, a spacious primary suite with vaulted ceilings and private bath. Plus a versatile 4th bedroom on main floor, tankless hot water, and energy efficient heating and cooling. Generously sized rear

    Agent Photo

    Michael Bouldin

    Real Broker

    (971) 999-3507

    12672 SE 172nd Ave, Happy Valley, OR 97086
  • /36

    $420,000

    • 3 Beds
    • 2.5 Baths
    • 1,438 Sq Ft

    12958 SE 156th Ave, Happy Valley, OR 97086

    This is the one you’ve been waiting for—updated, light-filled, and perfectly located in the heart of Happy Valley’s highly desirable Morningside community. Welcome to 12958 SE 156th Ave, a beautifully maintained 3-bedroom, 2.5-bathroom townhome that blends functionality, style, and comfort in one of the area’s most walkable neighborhoods.Step into a warm and welcoming open-concept main level,

    Agent Photo

    Peter Cutile

    Modern Realty

    (503) 487-0912

    12958 SE 156th Ave, Happy Valley, OR 97086
  • /43

    $420,000

    • 3 Beds
    • 2.5 Baths
    • 1,438 Sq Ft

    12972 SE 156th Ave, Happy Valley, OR 97086

    This is the one you’ve been waiting for—beautifully updated, full of natural light, and perfectly situated in Happy Valley’s desirable Morningside community. Welcome to 12972 SE 156th Ave, a thoughtfully designed 3-bedroom, 2.5-bathroom townhome that offers comfort, style, and unbeatable walkability to shops, parks, and top local amenities.The open-concept main level welcomes you with an inviting

    Agent Photo

    Peter Cutile

    Modern Realty

    (503) 459-4901

    12972 SE 156th Ave, Happy Valley, OR 97086
  • /31

    $479,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 1,812 Sq Ft

    Lupine Plan at Avery Terrace, Happy Valley, OR 97086

    Welcome to the stunning Lupine at Avery Terrace, a new home community in Happy Valley, Oregon! This beautiful two-story townhome-style floor plan has 4 bedrooms, 2.5 bathrooms, and is spread out over 1,812 square feet. The entry will lead you down the hallway and past the stairs to the open concept living space that includes the dining room, kitchen, and great room. This great room is perfect

    Builder Photo

    D.R. Horton

    Builder

    9339 SE Middleton St Unit 36209297, Happy Valley, OR 97086
  • /27

    $431,995 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,619 Sq Ft

    Jubilee Plan at Avery Terrace, Happy Valley, OR 97086

    Welcome to the Jubilee at Avery Terrace, a new home community in Happy Valley, Oregon. This 1,619 square foot townhome-style floor plan features a 2-car garage in the back of the home, providing easy access to the kitchen from the garage and features 3 bedrooms plus a loft, and 2.5 bathrooms. Upon entering through the covered front porch, the open living area unfolds gracefully, leading from the

    Builder Photo

    D.R. Horton

    Builder

    9339 SE Middleton St Unit 36209296, Happy Valley, OR 97086
  • /25

    $425,000

    • 3 Beds
    • 2.5 Baths
    • 1,477 Sq Ft

    11279 SE Falco St, Happy Valley, OR 97086

    Welcome to this beautifully maintained 3-bedroom, 2.5-bath home in the sought-after Volare community of Happy Valley. The open-concept main level features hardwood floors, a striking floor-to-ceiling stone fireplace, and a gourmet kitchen with granite counters, stainless appliances, and rich espresso cabinetry. Upstairs, the spacious primary suite and two additional bedrooms provide comfort and

    Melissa Dorman Living Room Realty

    11279 SE Falco St, Happy Valley, OR 97086
  • /36

    $439,000

    • 3 Beds
    • 2.5 Baths
    • 1,480 Sq Ft

    11480 SE Aquila St, Happy Valley, OR 97086

    Calling All Golf Lovers – Meticulous Happy Valley Townhome Move in Ready! This beautifully designed 1,430 sq. ft. home offers the perfect blend of style, comfort, and location. Next door to the serene trees along Eagle Landing Golf Course, it’s a golfer’s dream. The open-concept main level features a spacious living room with a cozy gas fireplace, dining area, and a gorgeous kitchen with granite

    Whitney Robison Keller Williams Realty Portland Premiere

    11480 SE Aquila St, Happy Valley, OR 97086
  • /27

    $479,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 1,812 Sq Ft

    17189 SE Maple Hill Ln, Happy Valley, OR 97086

    The property is located at 17189 SE Maple Hill Lane HAPPY VALLEY OR 97086 priced at 479995, the square foot and stories are 1812, 2.The number of bath is 2, halfbath is 1 there are 4 bedrooms and 2 garages. For more details please, call or email.

    Builder Photo

    D.R. Horton

    Builder

    17189 SE Maple Hill Ln, Happy Valley, OR 97086
  • /12

    $476,135 Open Mon 11AM - 6PM

    • 3 Beds
    • 2.5 Baths
    • 1,520 Sq Ft

    11255 SE Pleasant Valley Pkwy Unit 671, Happy Valley, OR 97086

    Welcome to Pleasant Valley Villages in Happy Valley. Open daily from 11am to 6pm. Check in at the sales office at 11689 SE Bridal Veil Falls Pl. This 3-bedroom 2.5 bath home will have extended laminate on the main floor, electric fireplace, quartz countertops, a fenced back yard and a tile shower with fiberglass pan in the primary. HOME WILL BE COMPLETED IN FEBRUARY. Sample images of the 1520

    Jenny Peterson Holt Homes Realty, LLC

    11255 SE Pleasant Valley Pkwy Unit 671, Happy Valley, OR 97086
  • /24

    $431,995 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,619 Sq Ft

    17195 SE Maple Hill Ln, Happy Valley, OR 97086

    The property is located at 17195 SE Maple Hill Lane HAPPY VALLEY OR 97086 priced at 431995, the square foot and stories are 1619, 2.The number of bath is 2, halfbath is 1 there are 3 bedrooms and 2 garages. For more details please, call or email.

    Builder Photo

    D.R. Horton

    Builder

    17195 SE Maple Hill Ln, Happy Valley, OR 97086
  • /38

    $445,000 Open Thu 4PM - 6PM

    • 4 Beds
    • 2.5 Baths
    • 2,189 Sq Ft

    17310 SE Crossroads Ave, Happy Valley, OR 97086

    Price Improvement! Spacious 2,189 sq ft townhome offering 3 bedrooms plus a flexible office/den (or 4th bedroom!) and 2.5 bathrooms. The open-concept main level features a bright and airy kitchen with an oversized quartz island, stainless steel appliances, and a walk-in pantry. The kitchen flows seamlessly into the living room and out to a private balcony. Upstairs, you’ll find a vaulted primary

    Gina Hosford Better Homes & Gardens Realty

    17310 SE Crossroads Ave, Happy Valley, OR 97086
  • /36

    $444,994

    • 3 Beds
    • 2.5 Baths
    • 1,688 Sq Ft

    16349 SE Sunshower Place, Happy Valley, OR 97086

    Spacious Happy Valley Townhome located in a desirable location, in close vicinity to the pool, community center, lots of restaurants and shopping. This energy efficient home features ample open concept living with a nice touch of modern finishes. The en-suite bedroom has vaulted ceilings, walk-in closet, and a generous sized bathroom. The other 2 bedrooms feature oversized closets providing great

    Derek Oliver Berkshire Hathaway HomeServices NW Real Estate

    16349 SE Sunshower Place, Happy Valley, OR 97086
  • /27

    $453,935 Open Mon 11AM - 6PM

    • 3 Beds
    • 2.5 Baths
    • 1,520 Sq Ft

    11319 SE Pleasant Valley Pkwy Unit 461, Happy Valley, OR 97086

    MOVE-IN READY!! Additional flex cash available when using CLM builder preferred lender. North Clackamas Schools, Open Daily from 11 - 6. Check in with at 11689 SE Bridal Veil Falls Pl. This two-story 1,520 square foot home features three bedrooms, two and one-half bathrooms and top quality finishes The main floor has a natural flow from the living room to the kitchen and dining area ? enjoyable

    Jenny Peterson Holt Homes Realty, LLC

    11319 SE Pleasant Valley Pkwy Unit 461, Happy Valley, OR 97086
  • /2

    $499,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 1,812 Sq Ft

    Walton Plan at Avery Terrace, Happy Valley, OR 97086

    Welcome to the Walton triplex floor plan at Avery Terrace in Happy Valley, Oregon! The Walton is 1,812 square feet, and has 4 bedrooms, 2.5 bathrooms, and a 2-car garage. The hallway entry guides you into the fabulous kitchen along with both the dining room and great room. The kitchen has white quartz countertops, and the sink is on the kitchen island for the perfect food prep area. The pantry

    Builder Photo

    D.R. Horton

    Builder

    9339 SE Middleton St Unit 36209294, Happy Valley, OR 97086
  • 9294 SE Middleton St, Happy Valley, OR 97086

    $499,995 New Construction

    • 4 Beds
    • 2.5 Baths
    • 1,812 Sq Ft

    9294 SE Middleton St, Happy Valley, OR 97086

    The property is located at 9294 SE Middleton Street HAPPY VALLEY OR 97086 priced at 499995, the square foot and stories are 1812, 2.The number of bath is 2, halfbath is 1 there are 4 bedrooms and 2 garages. For more details please, call or email.

    Builder Photo

    D.R. Horton

    Builder

    9294 SE Middleton St, Happy Valley, OR 97086
  • 9280 SE Middleton St, Happy Valley, OR 97086

    $494,995 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,812 Sq Ft

    9280 SE Middleton St, Happy Valley, OR 97086

    The property is located at 9280 SE Middleton Street HAPPY VALLEY OR 97086 priced at 494995, the square foot and stories are 1812, 2.The number of bath is 2, halfbath is 1 there are 3 bedrooms and 2 garages. For more details please, call or email.

    Builder Photo

    D.R. Horton

    Builder

    9280 SE Middleton St, Happy Valley, OR 97086
  • /23

    $499,000

    • 3 Beds
    • 2.5 Baths
    • 1,343 Sq Ft

    15378 SE Parktree Dr, Clackamas, OR 97015

    Fabulous 3 bed two and a half bath. Open floor plan with cathedral ceiling in living room. Home lives larger than square footage. Spacious fenced back yard with patio. Neighborhood Park across the street. Close to schools, library and shopping. Furnace installed 2/2016, Hot water heater installed 2/2025. Newer 30 year architectural roof installed in 2018.

    Martha Peterson Oregon First

    15378 SE Parktree Dr, Clackamas, OR 97015
  • /34

    $429,900

    • 3 Beds
    • 2.5 Baths
    • 1,942 Sq Ft

    12843 SE 155th Ave, Happy Valley, OR 97086

    This beautifully refreshed 2015 TownHOME is move-in ready. Featuring brand new carpet, fresh interior paint & stylish newer laminate floors all on the main floor for a like new feel. Over 1900 sq ft offers 3 generous bedrooms w/ 2 1/2 baths PLUS a large basement bonus room perfect for a home theater, gym or 4th bedroom. Steps to New Seasons, Restaurants, Parks & Trails! Appliances included!

    Brandi Erskine MORE Realty

    12843 SE 155th Ave, Happy Valley, OR 97086
  • /47

    $439,000

    • 3 Beds
    • 2.5 Baths
    • 2,048 Sq Ft

    10076 SE Old Town Ct, Happy Valley, OR 97086

    OUTSTANDING OPPORTUNITY ~ Spacious 2,048 sqft townhouse in Happy Valley featuring high ceilings, stylish light fixtures, and generously sized rooms. The kitchen offers tile finishes and comes complete with all appliances. Enjoy the convenience of a 1-car oversized garage and low HOA fees. Ideally located minutes to Clackamas area shopping, dining, and health care, this home combines comfort with

    Bill Bailey RE/MAX Advantage Group

    10076 SE Old Town Ct, Happy Valley, OR 97086
  • /23

    $444,898

    • 3 Beds
    • 2 Baths
    • 1,640 Sq Ft

    13634 SE 149th Terrace, Happy Valley, OR 97015

    Stunning updated 3-bedroom, 2-bath, 2 level town home in the heart of Happy Valley has the perfect mix of comfort, style, and convenience—and there’s no HOA! Inside, you’ll find beautiful bamboo floors, fresh paint inside and out, and tons of natural light that makes the whole place feel bright and welcoming. The primary suite is a total escape, with a big five-piece bathroom, double sinks, and a

    Jae Aguilar Keller Williams PDX Central

    13634 SE 149th Terrace, Happy Valley, OR 97015
  • /25

    $443,000

    • 3 Beds
    • 2.5 Baths
    • 1,942 Sq Ft

    12942 SE 155th Ave, Happy Valley, OR 97086

    Light, bright, and move-in ready Townhome! Don't miss this coveted corner unit with direct Mt. Hood views & visitor parking spots next door. Great layout with all bedrooms and laundry upstairs. Two living spaces. High ceilings. Kitchen has beautiful quartz counters, cast iron sink and stainless steel appliances. Primary suite with walk in closet. Convenient location. Close to Happy Valley Town

    Grant Massey RE/MAX Equity Group

    12942 SE 155th Ave, Happy Valley, OR 97086
  • /27

    $435,000

    • 3 Beds
    • 2.5 Baths
    • 1,480 Sq Ft

    11275 SE Aquila St, Happy Valley, OR 97086

    This beautifully designed 1,480 sq ft home offers the ideal blend of style, space, and location. Step into a functional and inviting floor plan featuring dark wide-plank engineered hardwood floors, a spacious living room with a cozy corner fireplace, and an open-concept layout perfect for everyday living and entertaining.The kitchen is a showstopper with granite countertops, stainless steel

    Jack Waddle Keller Williams Realty Portland Elite

    11275 SE Aquila St, Happy Valley, OR 97086
  • /28

    $409,900

    • 2 Beds
    • 2 Baths
    • 1,252 Sq Ft

    13637 SE 149th Terrace, Happy Valley, OR 97015

    Skip the cookie-cutter new builds with HOA fees and restrictive rules - this beautifully updated end-unit townhome is the perfect opportunity for first-time buyers to own in a prime location. Tucked away on a quiet, private loop, this rare end unit is the perfect starter home or rental property - with plenty of updates already done for you. Fresh interior paint and newer flooring give the space a

    Lance Nelson Real Broker

    13637 SE 149th Terrace, Happy Valley, OR 97015
  • /20

    $450,000

    • 3 Beds
    • 2.5 Baths
    • 1,518 Sq Ft

    11438 SE Aquila St, Happy Valley, OR 97086

    Live a low maintenance lifestyle in this lightly lived in 3 bedroom and 2.5 bathroom townhome in the heart of Happy Valley. Enjoy the prime location, across the street from Eagle Landing Golf and a 2 minute walk to Mt. Scott Elementary school. Cook in your kitchen with gas range, stainless steel appliances, built-in microwave, and dishwasher. Dedicated dining area flowing to sliding glass door

    Dennis Coxen Cascade Hasson Sotheby's International Realty

    11438 SE Aquila St, Happy Valley, OR 97086
  • /34

    $479,000

    • 3 Beds
    • 2.5 Baths
    • 1,668 Sq Ft

    16615 SE Sunshower Place, Happy Valley, OR 97086

    Welcome to this beautiful townhouse nestled in one of Happy Valley’s most sought-after communities! This like new home offers more than just comfort and style — it’s part of a vibrant neighborhood with access to top-tier amenities. Enjoy warm Fall days lounging by the sparkling community swimming pool or meeting neighbors at the clubhouse and nearby parks. Located on a quiet, well-maintained

    Amanda Folkestad Realty Portland

    16615 SE Sunshower Place, Happy Valley, OR 97086
  • /45

    $483,500

    • 3 Beds
    • 2.5 Baths
    • 1,608 Sq Ft

    11492 SE Mount Talbert Ave, Happy Valley, OR 97086

    Beautiful End-Unit Townhouse on Quiet street. Tucked away this spacious 3-bedroom, 2.5-bath end-unit townhouse offers the perfect blend of privacy and comfort. Enjoy the rare benefit of not looking into any other units, making it feel like your own private retreat. Step inside to find modern finishes throughout, including sleek quartz countertops in the kitchen and bathrooms. The open-concept

    Kevan Willes Keller Williams Realty Portland Premiere

    11492 SE Mount Talbert Ave, Happy Valley, OR 97086
  • /29

    $429,000

    • 3 Beds
    • 2.5 Baths
    • 1,547 Sq Ft

    11473 SE Pleasant Valley Pkwy, Happy Valley, OR 97086

    Motivated seller! Priced to sell! This like-new 2022 custom townhome offers modern design, upgrades throughout, and low-maintenance living in the highly sought-after Pleasant Valley Villages community. With 1,547 sq. ft., 3 bedrooms, and 2.5 baths, this home is truly move-in ready. Inside, you’ll find an open-concept entertainer’s kitchen with stainless steel appliances, quartz counters, and a

    April Turner RE/MAX Advantage Group

    11473 SE Pleasant Valley Pkwy, Happy Valley, OR 97086
  • /36

    $450,000

    • 3 Beds
    • 1 Bath
    • 1,103 Sq Ft

    8511 SE Orchard Ln, Happy Valley, OR 97086

    Move in ready single level home located in the heart of Clackamas. This ranch style house is tucked away on a secluded lot that is over a half an acre! Features include 3 bedrooms, 1 bath, extra storage, a covered carport, and an oversized utility room. The house has a brand new roof and new exterior paint. The zoning of this property is "RTL" and legal for many types of businesses and/or

    Randall Hamilton Equity Oregon Real Estate

    8511 SE Orchard Ln, Happy Valley, OR 97086
  • /2

    $400,000

    • 3 Beds
    • 1.5 Baths
    • 1,186 Sq Ft

    8321 SE Gray St, Happy Valley, OR 97086

    Welcome to this charming 3-bedroom, 1.5-bath home in Happy Valley's Dover Park neighborhood. Built in 1996, this 1,186 sq ft two-story features an inviting living room with fireplace, open dining area, and a functional kitchen layout. Upstairs offers three comfortable bedrooms and a full bath, while a half bath is conveniently located on the main level. Forced-air gas heating ensures year-round

    Christina Martinez LPT Realty, LLC

    8321 SE Gray St, Happy Valley, OR 97086
  • /2

    $494,995 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,812 Sq Ft

    Melrose Plan at Avery Terrace, Happy Valley, OR 97086

    Meet the Melrose floor plan at Avery Terrace in Happy Valley, Oregon! This two-story 1,812 square foot floor plan has 3 bedrooms plus a loft, 2.5 bathrooms, with an attached garage. The entry into this home is a long hallway that guides you into the fabulous open concept area that includes a kitchen, dining room, and great room. The kitchen has gorgeous countertops, and an island where your sink

    Builder Photo

    D.R. Horton

    Builder

    9339 SE Middleton St Unit 36209293, Happy Valley, OR 97086
  • /8

    $450,000

    • Land
    • 2.64 Acres
    • $170,455 per Acre

    0 SE Armstrong Cir, Boring, OR 97089

    Expansive Opportunity in the Heart of Happy Valley!Tucked off Armstrong Circle, this rare 2.64-acre parcel offers privacy, potential, and prime positioning in one of the area’s fastest-growing corridors. Zoned R-15 within the City of Happy Valley, the property presents a strong development opportunity, with the city indicating the potential for 6–7 buildable lots (pending sewer approval). The

    Tatyana Gavrilyuk MORE Realty

    0 SE Armstrong Cir, Boring, OR 97089

Home Trends in Happy Valley, OR

Housing Trends

Median Sale Price
$662,250
Median Single Family Sale Price
$706,568
Median Townhouse Sale Price
$437,000
Median 2 Bedroom Sale Price
$303,850
Median 1 Bedroom Sale Price
$294,450
Average Price Per Sq Ft
$283
Number of Homes for Sale
200
Last 12 months Home Sales
450
Months of Supply
5.30
Median List Price
$689,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
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