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Huge Price Reduction. This is an awesome 319 +/- acre recreational/grazing land that rarely comes on the market. The landscape of this property is diverse with pine and juniper trees, a year round stream, and a live spring. Live water on this property is a magnet for both elk and mule deer. There is a one room cabin in a lush pasture alongside the year round stream that can be used for hunting or family gatherings. This property qualifies for a Lot of Record, which would allow one dwelling to be built. There are several panoramic views of the Cascade Mountains perfect for a building site. This property meets the criteria for two LOP tags (buyer to verify with ODFW). Other wildlife common to the area include black bear, cougar, coyote, turkey, and more that roam through the wooded draws. Located within the Grizzly Hunting Unit, this property is one of the best for large Rocky Mountain bull elk and big buck mule deer. The boundaries of this property are perimeter fenced.
A rough estimate, not a quote. Loan amount $479,200 · $119,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
110 listings of every type for sale, 26 pending, 18 sold in the last 30 days. Point at a mark to read it, or slide the price.
In Madras, near Lake Billy Chinook.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras, plus the closes of the last 30 days. Counts and medians cover every listing read for this map. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
| Date | Event | Price |
|---|---|---|
| Mar 26, 2025 | Price dropMlsStatus: Pending → Closed | $475,000$124K down |
| Jul 26, 2024 | Price drop | $599,000$100K down |
| Apr 14, 2024 | Listed | $699,000 |
332 days on market. Madras median to pending is 53 days.
Tax $516 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Listing fields from Spark. Place median from the live pulse. This is an estimate, not an appraisal. It is not a guarantee of price. See our terms.
New listings
Listing courtesy of National Land Realty, LLC, agent Michael Helms, 509-293-5342
Data last updated September 2, 2026
Based on information from Oregon Data Share. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information is for consumers personal, non-commercial use only.
Median close price $385,000 in Aug 2026, down 4.5% from Aug 2025.
Mar 2024 to Aug 2026 (24 months) · Market Truth leftover, Madras city, monthly median close. Completed months only.
This home is listed at $599,000, 31.6% above the Madras median list price. See full Madras market →