Palmain
Palmain Madras Oregon Homes for Sale
Palmain is a residential subdivision in Madras Oregon, the Jefferson County seat 45 miles north of Bend. As of May 2026: 2 active SFR listings and 11 closings in the last 6 months. Median sold price $285,000. Months of supply 1.1 (seller’s market).
Palmain Snapshot (May 2026)
| Metric | Value |
|---|---|
| Active SFR listings | **2** |
| Sold last 6 months | **11** |
| Median sold price | **$285,000** |
| Median sale-to-list ratio | **98.3%** |
| Median time to pending | **21 days** |
| Median price per sqft | **$217** |
| Median home size | **1,432 sqft** |
| Median bedrooms | **3** |
| Median year built | **1966** |
| Months of supply | **1.1** (seller’s market) |
About Madras and Palmain
Madras sits in Central Oregon with Lake Billy Chinook nearby, lower price points than Bend, agricultural economy, growing residential growth. Palmain is one of the residential subdivisions within Madras, offering buyers a specific price band and home style.
What Palmain Buyers Should Know
With 1.1 months of supply, Palmain is a clear seller’s market. Listings move fast (median 21 days to pending). Pre-approval and decisive offers are essential.
What Palmain Sellers Should Know
For sellers in Palmain: pricing right on day one matters. The median sale-to-list ratio of 98.3% on a $285,000 home means most sellers take a small concession off original list. A real CMA based on subdivision-specific comps usually moves the listing decision more than any other input.
Browse Current Listings
See all current Madras MLS-direct listings →
Get a Free CMA
Selling a home in Palmain? Matt Ryan provides free written CMAs in 24 hours. Real comps from your subdivision, real adjustments for your specific home, no obligation. Request a free CMA →
Work with Matt Ryan
Matt Ryan is a licensed Oregon Principal Broker (license #201206613), owner of Ryan Realty LLC, with 12 years of Central Oregon real estate experience. Office: 115 NW Oregon Avenue, Bend OR 97703. Call 541-213-6706.