Home prices
The median home in Happy Valley costs $206,500. Compared to the surrounding areas this is roughly $24,100 (10%) lower.It is roughly $11,000 (5%) lower compared to the nation as a whole, and compared to the city of Kenai it is approximately $22,600 (9%) lower.
Rents
In Happy Valley the median monthly rent is $1,102. In comparison to nearby areas this is approximately $194 (21%) higher.It is approximately $40 (3%) higher in comparison to the rest of the country, and it is roughly $152 (15%) higher in comparison to the city of Kenai.
Nearby places
Nikolaevsk
Nikolaevsk is Happy Valley's neighbor to the south. Housing prices there are substantially less expensive. The median home value in Nikolaevsk is $153,100, which comes out to $53,400 (34%) lower than Happy Valley. Rents there are significantly less expensive. Nikolaevsk's median monthly rent is $525, which comes out to $577 (109%) lower than Happy Valley.
Anchor Point
Anchor Point is Happy Valley's neighbor to the southwest. Its real estate prices are a bit less expensive. The median home in Anchor Point is valued at $189,000, which works out to $17,500 (9%) lower than Happy Valley. The rent there is a little less expensive. Anchor Point's median monthly rent is $930, which comes out to $172 (18%) lower than Happy Valley.
Ninilchik
Ninilchik is Happy Valley's neighbor to the northeast. Its housing prices are a bit more expensive. The median home price in Ninilchik is $220,700, which works out to $14,200 (6%) higher than Happy Valley. The rent there is a lot less expensive. Ninilchik's median monthly rent is $592, which is $510 (86%) lower than Happy Valley.
Diamond Ridge
Diamond Ridge is roughly 9 miles south from Happy Valley. Real estate prices there are somewhat more expensive. The median home price in Diamond Ridge is $291,800, which is $85,300 (29%) higher than Happy Valley. Rents there are a little more expensive. The median monthly rent in Diamond Ridge is $1,174, which comes out to $72 (6%) higher than Happy Valley.
Kachemak
Kachemak is roughly 11 miles southeast from Happy Valley. Housing prices there are somewhat more expensive. The median home in Kachemak costs $298,400, which works out to $91,900 (30%) higher than Happy Valley. The rent there is a bit more expensive. The median rent in Kachemak is $1,317 per month, which works out to $215 (16%) higher than Happy Valley.
