House Prices

Happy Valley Port Townsend, WA House Prices & Home Values 2026


Average Data

average house price$538,539
average size per house1898 ft²
average price per ft²305 $ / ft²

04/17/2026 - The value range (VR) for house prices in Happy Valley Port Townsend, WA is $289.75/ sqft to $320.25/ sqft. An average home with 1898 sqft costs approximately $590,092 to $652,207. Port Townsend, WA includes 1 ZIP codes and it is located in Jefferson county. The lowest prices are found in ZIP 98368, while the highest are in ZIP 98368. The average price per sqare feet is $305. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Happy Valley Port Townsend

98368306 $ / ft²




Historical development of home values in Happy Valley Port Townsend

Year Estimated value (USD) Change vs. 2025
2010 $250,107 -53.6%
2011 $240,436 -55.4%
2012 $239,788 -55.5%
2013 $248,751 -53.8%
2014 $261,120 -51.5%
2015 $274,521 -49.0%
2016 $288,848 -46.4%
2017 $304,438 -43.5%
2018 $321,269 -40.3%
2019 $336,166 -37.6%
2020 $353,544 -34.4%
2021 $402,118 -25.3%
2022 $468,780 -13.0%
2023 $494,350 -8.2%
2024 $522,949 -2.9%
2025 $538,539 0.0%

Graph: estimated home values in Happy Valley Port Townsend over time (USD)



Example: 100% financing house in Happy Valley Port Townsend

Loan amount: $538,539

Interest rate: 6.44%

Fixed monthly payment: $3,382.00

Breakdown in the 1st month:
Interest portion: $2,889.26  –  Principal portion: $492.74

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $34,493.51 $6,090.54 $532,448.46
2 $34,089.62 $6,494.43 $525,954.03
3 $33,658.95 $6,925.10 $519,028.93
4 $33,199.72 $7,384.33 $511,644.60
5 $32,710.03 $7,874.02 $503,770.58
6 $32,187.87 $8,396.18 $495,374.40
7 $31,631.09 $8,952.96 $486,421.44
8 $31,037.38 $9,546.67 $476,874.77
9 $30,404.30 $10,179.75 $466,695.03
10 $29,729.24 $10,854.81 $455,840.22
11 $29,009.41 $11,574.63 $444,265.59
12 $28,241.85 $12,342.20 $431,923.39
13 $27,423.39 $13,160.66 $418,762.73
14 $26,550.65 $14,033.39 $404,729.34
15 $25,620.04 $14,964.00 $389,765.34
16 $24,627.72 $15,956.33 $373,809.01
17 $23,569.59 $17,014.46 $356,794.55
18 $22,441.29 $18,142.76 $338,651.79
19 $21,238.17 $19,345.88 $319,305.92
20 $19,955.27 $20,628.78 $298,677.14
21 $18,587.29 $21,996.76 $276,680.38
22 $17,128.59 $23,455.45 $253,224.92
23 $15,573.17 $25,010.88 $228,214.04
24 $13,914.59 $26,669.45 $201,544.59
25 $12,146.03 $28,438.01 $173,106.57
26 $10,260.19 $30,323.86 $142,782.72
27 $8,249.29 $32,334.75 $110,447.96
28 $6,105.04 $34,479.00 $75,968.96
29 $3,818.60 $36,765.45 $39,203.51
30 $1,380.53 $39,203.51 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Happy Valley Port Townsend, WA


1500 sqft3900 sqft
Ø selling price$593,986$1,263,571
Ø fast selling$539,988$1,137,214
Ø high price sale$647,985$1,389,928

In 2026, houses in Happy Valley Port Townsend, WA will be offered at an average price of $305 per square foot. A 1,500 sqft home priced at $593,986 is 24.68% more expensive per square foot than a 3,900 sqft home priced at $1,263,571. Home prices in Happy Valley Port Townsend, WA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $874,780. Sellers who can wait longer may achieve a higher price of up to $1,069,175.


Happy Valley, Port Townsend, WA


Happy Valley in Port Townsend, WA offers a peaceful, rural vibe within minutes of the Victorian seaport?s lively downtown. Tucked on the south side of town, the neighborhood blends woodland, pasture, and small-acreage homes.

Location and Lifestyle

Residents value the quiet setting, starry nights, and easy access to Port Townsend?s arts, dining, and maritime culture. Set on the Olympic Peninsula in the rain shadow, the area enjoys relatively mild seasons and year-round greenery. Commuters appreciate straightforward connections via SR-20 and local Jefferson Transit options to services across Jefferson County.

Homes and Real Estate

Happy Valley real estate ranges from cozy cottages to custom builds on acreage, with room for gardens, workshops, and RVs. Buyers often seek properties with privacy, sunny exposures, and potential for homesteading, while still staying close to schools and amenities.

Nature and Access

Outdoor lovers enjoy nearby trail networks, beaches, and state parks, including Fort Worden and Fort Townsend State Park. Weekend plans might include biking the Larry Scott Trail, browsing the Uptown Farmers Market, or kayaking on Port Townsend Bay. If you want a serene Olympic Peninsula base with small-town charm and big nature next door, Happy Valley is a standout choice in Port Townsend.



FAQ – Home Values in Happy Valley Port Townsend

What is the median home value in Happy Valley Port Townsend in 2026?

In 2026, the typical home value in Happy Valley Port Townsend is about $538,539 for an average home size of 1898 square feet. This corresponds to an average price of roughly $305 per square foot.

What is the average cost per square foot in Happy Valley Port Townsend?

In 2026, homes in Happy Valley Port Townsend sell for an average of around $305 per square foot, with a typical range between $289.75 and $320.25 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Happy Valley?

The average home size in Happy Valley Port Townsend is about 1898 square feet, with an estimated 2026 value around $538,539.



Neighborhoods close to Happy Valley Port Townsend, WA

Lincoln Vancouver, WA211 $ / ft²
Northside Pullman, WA290 $ / ft²
Five Mile Prairie Spokane, WA168 $ / ft²
Utsalady Camano Island, WA435 $ / ft²
Downtown Monroe Monroe, WA355 $ / ft²
Bayside Everett, WA245 $ / ft²
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