View Happy Valley Listings in Oregon. Just east of Portland, Happy Valley is an excellent place to call home. Happy Valley sits in the Portland Metro area with easy access to downtown Portland, Mt. Hood and Vancouver, WA. Located in Clackamas County, Happy Valley has lower taxes than the Portland Metro area, and the public schools are highly rated. The area is growing, and there are many options for newer homes and brand new construction available to buyers and investors alike. Happy Valley has a weekly farmers market, tons of amenities that include shopping, dining, a library, and much more. Happy Valley has a stable housing market, a high income per capita, and the area is known for its low crime rates. Happy Valley is a growing community with lots of new construction, and the area is seeing a rise in new owners. If you're interested in more information about Happy Valley Real Estate, contact BHHS Real Estate Professionals for a list of active Happy Valley Listings in Oregon.