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Welcome to Modern Comfort in the Heart of Madras, Oregon! Key Features & Amenities: Feels Like New: Enjoy modern amenities and finishes that create a vibrant, up-to-date living experience. Thoughtful Upgrades: Benefit from upgradess not included in surrounding new construction, offering you a distinctive advantage. Abundant Natural Light: The airy interiors are flooded with light from large windows, infusing each room with warmth. Meticulous Maintenance: This property has been expertly cared for both inside and out. Location: One of the notable elements about the area is its blend of natural beauty and growing economic opportunities. Ideal Buyer/Renter: This home is perfect for first-time buyers ready to plant roots in a burgeoning community, those relocating to the fast-growing Madras area, or seeking to downsize into a more serene lifestyle.
A rough estimate, not a quote. Loan amount $311,200 · $77,800 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 |
|---|---|---|
| Jan 24, 2025 | Price increaseMlsStatus: Pending → Closed | $399,000$10K up |
| Dec 13, 2024 | Price drop | $389,000$31K down |
| Nov 21, 2024 | Listed | $420,000 |
$204 per sq ft
63 days on market. Madras median to pending is 53 days.
Tax $3,576 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
Monthly cash flow, cap rate, and cash-on-cash return at this price. Adjust the numbers to your own financing and rent.
Estimate $1,798 ($1,625–$2,075) · HUD Fair Market Rent (FY2025), Jefferson County, 4BR. Edit to your own number.
At $389,000 with 20% down, this property runs $1,101 per month negative. Adjust the price, down payment, or rent to find what works.
Estimates only, not investment advice or a guarantee of rent, value, or return. Figures depend on the numbers you enter and current market conditions. Verify with your lender, tax advisor, and a Ryan Realty broker before you rely on them.
Listing courtesy of Berkshire Hathaway HomeService, agent Karen Whiteid, 541-322-8880
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 $389,000, 14.5% below the Madras median list price. See full Madras market →