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NE Polk Street in Madras is listed at $45,000. It sits on 0.19 acres and is in North Unit. Status is Active, with 759 days on market.
Overview
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
$10,000 Price Adjustment! R-2 zoning allows for single family, multi-family, manufactured, and other high density development. Additional 9 neighboring lots available for a total of 1.93 acres. Sewer has been brought to the street extension. Water & power available. Great location within city limits near hospital, groceries, restaurants, & more. Views of city & surrounding terrain/mountains may be achievable. Contact the city of Madras to confirm all the development possibilities & SDC.
A rough estimate, not a quote. Loan amount $36,000 · $9,000 down · 30 year term.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
The median sale price is $375,000, the middle of 159 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 8, 2026)
Madras
live MLS through Oregon Data Share, active single-family houses in Madras, the same count and median list the Madras market figures on this site publish. This price is the published list price. 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. · updated Nov 9, 2026
| Date | Event | Price |
|---|---|---|
| Jun 10, 2026 | Back on market | $45,000 |
| Dec 9, 2024 | Price drop | $45,000$10K down |
| Oct 11, 2024 | Listed | $55,000 |
| Year | Tax |
|---|---|
| 2023 | $86 |
Tax as filed on the listing. Jefferson County. Parcel 15980.
Madras · What to do about this house
The typical cut was 4.5% off the original ask, and the typical home went under contract in 57 days.
Madras single family homes · every sale that closed in the 12 months to November 8, 2026
Ryan Realty analysis · n=159 · read 2026-11-09 | Ryan Realty analysis · n=66 · read 2026-11-09 | Ryan Realty analysis · n=150 · read 2026-11-09 | public.listings, this listing · OriginalListPrice 55000 to ListPrice 45000 · first listed 2024-10-11 in this listing's history, earlier than OnMarketDate 2026-06-10, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of Cascade Hasson SIR
Data last updated November 10, 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.
