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Local answer
Madras sits north of Bend in Jefferson County. The median single-family home there sold for $392,217 in August 2026. As of Oct 28, 2026, 79 detached single-family homes were for sale (6.1 months of supply), so buyers have leverage. Homes that closed in the last 90 days went under contract in a median 47 days.
Source: Single-family homes, Oregon Data Share MLS. Sales closed in August 2026, listings as of Oct 28, 2026. How we get our numbers
Matt RyanOwner & Principal Broker541.703.3095
79 detached single-family houses with a Madras address are for sale as of Oct 28, 2026, at a median asking price of $450,000. Madras has 6.1 months of supply, which makes it a buyer's market: buyers have leverage. The median single-family home in Madras sold for $392,217 in August 2026 (Oregon Data Share MLS, single-family sales closed in August 2026). The median sale price in Madras over the last 12 months is up 2.9% from the 12 months before.
Single-family homes, Oregon Data Share MLS, as of Oct 28, 2026.
116 for sale on the map, all home types (Oregon Data Share MLS, as of Oct 28, 2026)
56 for sale, houses
3 for sale, townhomes and condos
5 for sale, multifamily
44 for sale, lots
8 for sale, commercial property
4 for lease
See all commercial space for lease
regional MLS through Oregon Data Share: every listing inside the recorded Madras boundary that is for sale, or under contract and still showing, every property type. · updated Oct 28, 2026
Madras · Typical price
Median sale price $392K in Aug 2026, down 2.7% from Aug 2025.
| 2024 | 2025 | 2026 | |
|---|---|---|---|
| Jan | $363K | $363K | |
| Feb | $329K | ||
| Mar | $413K | $395K | |
| Apr | $405K | $395K | |
| May | $330K | $375K | |
| Jun | $383K | $412K | $367K |
| Jul | $376K | $384K | $385K |
| Aug | $375K | $403K | $392K |
| Sep | $360K | ||
| Oct | $312K | $361K | |
| Nov | $352K | $369K | |
| Dec | $336K |
The median list price is $450,000, the middle asking price of 79 single family homes for sale. It shows what sellers are asking, not what homes sold for. (Oregon Data Share MLS, as of Oct 28, 2026)
The median sale price is $378,000, the middle of 161 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Oct 28, 2026)
regional MLS through Oregon Data Share: single-family houses whose MLS City is Madras. Every figure names its own window; a figure we could not publish is absent, not estimated. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. Closed MLS sales through Oregon Data Share, Madras, all property types, calendar year 2025. Not active inventory. Oregon Data Share closed sales in the Central Oregon service-area cities. Close price $1,000 or more. Close date set. · updated Oct 28, 2026
Madras · What it costs
The middle single-family home for sale in Madras asks $450,000. Move either number below and the other one follows.
Principal and interest only. Taxes, insurance and any HOA sit on top.
Between $100,000 and $1,240,000 on the slider. Type any number in the box.
Down payment
Length of the loan
7.32% is the Freddie Mac 30-year fixed, via FRED for the week of Oct 26, 2026. Put your own quote in if you have one.
$2,473 a month reaches $450,000 in Madras.
At $450,000, here is what you bring and what you borrow.
Hover, tap or tab a bar for what it counts.
Arithmetic on the price you set, not a figure we measured: 20% down, 7.32%, 30 years. The two add up to $450,000 exactly; closing costs are not in either bar.
Your monthly number against the middle of Madras.
Each bar gives up what it counts.
live MLS through Oregon Data Share, median asking price $450,000 across the 79 single-family homes for sale in Madras, the same figure this page's market section prints, read Oct 28, 2026. The two payments are principal and interest only, on the terms you set: 20% down, 7.32%, 30 years. Taxes, insurance and any HOA sit on top.
How people actually paid for a house in Madras.
Each bar gives up what it counts.
closed MLS sales through Oregon Data Share, how buyers paid for the single-family homes that closed in Madras over the last 12 months, reaching further back where too few sold to publish. Shares under 5% are not published, so these do not add to 100%. This is how OTHER buyers paid; it is not a suggestion about your down payment.
Your own numbers, run through the payment math this site uses everywhere: 20% down, 7.32%, 30 years. The starting rate is the Freddie Mac 30-year fixed, via FRED published for the week of Oct 26, 2026. live MLS through Oregon Data Share, median asking price $450,000 across the 79 single-family homes for sale in Madras, the same figure this page's market section prints, read Oct 28, 2026. Nothing here is a loan offer or an approval.
Madras, Oregon
Madras is in Jefferson County, with views of Mount Jefferson and the Cascades. Inventory mixes agricultural land, newer subdivisions, and homes that cost less than Bend. Highway access ties it to the rest of Central Oregon.
Live · Madras
898 Strawberry LaneMadras · Treasure Hills$329,900
822 Maliah AvenueMadras · Strawberry Heights$180,000
721 Ruby StreetMadras · Milbur Acres$330,000
919 Maliah AvenueMadras · Strawberry Heights$336,900
1561 Hilltop LaneMadras · North Madras Heights$519,000
200 D StreetMadras$45,000
932 Kierra PlaceMadras · Strawberry Heights$259,000
4647 Belmont LaneMadras$949,000live MLS through Oregon Data Share, new listings, price changes, pendings, and closings on Madras homes
This week · Madras
Open houses scheduled in the next 7 days, live from the MLS through Oregon Data Share
Common questions
The median sale price for a single-family home in Madras was $392,217 in August 2026. That is the median, the middle sale, rather than the average, which a few very large sales would pull up. The median list price of the single-family homes for sale is $450,000 as of October 2026, based on a direct count of the active MLS listings.
Yes. The median sale price of single-family homes in Madras over the last 12 months is up 2.9% from the 12 months before.
There are 79 active single-family listings in Madras as of October 2026, counting every home with a Madras address in the regional MLS that isn't under contract yet.
Madras has 6.1 months of supply. A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace.
Single-family homes in Madras took a median of 47 days to go pending as of October 2026.
161 single-family homes sold in Madras over the past 12 months as of October 2026.
Yes. There are 2 open houses in Madras in the next 7 days, including 451 C (11am-2pm) and 919 Maliah (11am-2pm). The full list, with every time and address, is on the Madras open houses page.
Open houses scheduled in the next 7 days, live from the MLS through Oregon Data Share
The typical detached single-family home in Madras closed at 98.2% of the price it was first listed at, over the last 12 months. Under 100% means sellers generally came down from their first number before the home sold. Over 100% means buyers bid past it.
regional MLS through Oregon Data Share: single-family houses whose MLS City is Madras. Every figure names its own window; a figure we could not publish is absent, not estimated. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. Closed MLS sales through Oregon Data Share, Madras, all property types, calendar year 2025. Not active inventory. Oregon Data Share closed sales in the Central Oregon service-area cities. Close price $1,000 or more. Close date set.
16.8% of the detached Madras homes that closed over the last 12 months were paid for in cash. By how they paid: 36.6% Conventional loan, 32.9% FHA loan, 16.8% Cash, and 8.7% VA loan. Payment types under 5% are left out, so these do not add up to 100%. This is how other buyers paid, and it is not a suggestion about your down payment.
closed MLS sales through Oregon Data Share, how buyers paid for the single-family homes that closed in Madras over the last 12 months, reaching further back where too few sold to publish. Shares under 5% are not published, so these do not add to 100%. This is how OTHER buyers paid; it is not a suggestion about your down payment.
14 detached single-family houses came on the market in Madras in the last 30 days, not counting Coming Soon listings. The email alert on this page tells you about the next ones, and it covers other home types too, not only houses.
14 houses: regional MLS through Oregon Data Share, Ryan Realty analysis new listings in the last 30 days for Madras (detached single-family; Coming Soon excluded). The alert follows this page's filter, which is wider than houses alone.
The median asking price for a single-family home in Madras is $450,000, and the calculator on this page starts there. Move the monthly payment or the price and the other follows. The 30-year rate on that calculator is 7.32% for the week of Oct 26, 2026, from Freddie Mac 30-year fixed, via FRED. To see the homes that fit your budget, search from the calculator.
live MLS through Oregon Data Share, median asking price $450,000 across the 79 single-family homes for sale in Madras, the same figure this page's market section prints, read Oct 28, 2026.
Closed sales in Madras across all property types added up to $88.7M in 2025, from 235 sales. That total covers every kind of property that sold, so it is not a single-family-only figure.
Closed MLS sales through Oregon Data Share, Madras, all property types, calendar year 2025. Not active inventory. Oregon Data Share closed sales in the Central Oregon service-area cities. Close price $1,000 or more. Close date set.
Guides and news
Madras · Explore
Central Oregon
Bend$849,000 median list695 active
Redmond$599,000 median list267 active
Prineville$509,000 median list191 active
La Pine$484,500 median list164 active
Sisters$875,000 median list109 active
Powell Butte$1,425,000 median list73 active
Terrebonne$814,500 median list55 active
Sunriver$899,000 median list47 activelive MLS through Oregon Data Share, active single-family listings, counted per place