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Housing in Happy Valley

5 homes sold in Happy Valley in the last year, at a typical $221K

Almost every sale is a house. Below: a shortcut to every site where Happy Valley homes are listed.

Homes sold
5
May 2025 to April 2026
Typical sale price
$221K
median, weighted by sales
Price per square foot
$152
New Mexico $219
Rent or buy?

Owning the typical Happy Valley home costs about $1,192 a month

Mortgage
Property tax
Insurance
Rent

Price: Happy Valley’s typical sale, last 12 months. Property tax at Happy Valley’s 0.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Happy Valley is affordable on local pay is on Cost of living.

Before you buy in Happy Valley

Four things worth knowing

0.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $221K home, about $470 a year.

Taxes vs. neighbors
25 min

Typical commute

The average one-way trip to work for people who live in Happy Valley.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Happy Valley, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Happy Valley. People who follow the town see it, and so do people comparing Happy Valley with their own town. No commission, no listing fee.

Questions about buying a home in Happy Valley

What do homes sell for in Happy Valley, NM?

5 homes sold in the year to April 2026 at a typical $221K, $152 a square foot.

How much are property taxes in Happy Valley?

About 0.2% of a home’s value a year. On a $221K home that’s near $470.

Where can I see homes for sale in Happy Valley?

Zillow, Redfin, Realtor.com and Homes.com all carry Happy Valley’s MLS listings; the search links above open each one filtered to Happy Valley.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).