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Happy Valley, CA
Full City Profile · California · Tehama County County
3.0
/5.0
B
Good
6,046
Population
358/sq mi density
$80,578
Median Income
$36,270 per capita
$293,800
Home Value
$385,395 Zillow
$1,766
Median Rent
18.1% income on rent
63°F
Avg Temperature
308 sunny days/yr
667
Violent Crime/100K
4,292 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$80,578 median income, 6.3% unemployment
A+
Affordability
4.6 / 5.0
$293,800 home value, $1,766/mo rent
F
Safety
1.0 / 5.0
667 violent crimes/100K (76% above avg)
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher
Housing Overview
Median Home Value
$293,800
4% above
US avg: $281,900
Median Rent
$1,766/mo
52% above
US avg: $1,163/mo
Homeownership Rate
86.5%
32% above US avg (65.4%)
Total Housing Units
2,291
Median year built: 1980
Home Value by Source
Census Median
$293,800
Zillow (ZHVI)
$385,395
Median Sale Price
$439,500
Median List Price
$499,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.5%
Owner-Occupied
13.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,513/mo
1 Bedroom
$1,647/mo
2 Bedroom
$2,053/mo
3 Bedroom
$2,752/mo
4 Bedroom
$3,165/mo
Census median rent:
$1,766/mo
Market Indicators (Redfin)
Median Days on Market
40 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$219
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
18.1%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
86.5%
Complete Housing Data
Home Values
| Census Median Value | $293,800 |
| Zillow Home Value (ZHVI) | $385,395 |
| Median Sale Price | $439,500 |
| Median List Price | $499,000 |
| Price Per Sq Ft | $219 |
Rent
| Census Median Rent | $1,766 |
| FMR Studio | $1,513 |
| FMR 1-Bedroom | $1,647 |
| FMR 2-Bedroom | $2,053 |
| FMR 3-Bedroom | $2,752 |
| FMR 4-Bedroom | $3,165 |
Market
| Days on Market | 40 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 2 |
| Active Inventory | 12 |
| Price Per Sq Ft | $219 |
Ownership & Stock
| Owner-Occupied | 86.5% |
| Renter-Occupied | 13.5% |
| Homeownership Rate | 86.5% |
| Total Housing Units | 2,291 |
| Median Year Built | 1980 |
| Rent Burden | 18.1% |