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Do you want a classy home in a wonderful setting? This may be your next home. It is on a quarter-acre lot looking out over all of Madras and the eastern vistas, and there are abundant windows to enjoy the view and setting. Beautiful hardwood floors throughout most of the home. Nice fireplace in the living room. New has furnace with central air to provide year-round comfort. Frest paint throughout te home. Single-car garage to enjoy your hobbies. Metal roof and siding make this home easy to maintain. Call your favorite agent today and check this out before it gets sold.
A rough estimate, not a quote. Loan amount $236,000 · $59,000 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 4, 2025 | Price drop | $285,000$10K down |
| Nov 27, 2024 | Listed | $295,000 |
$246 per sq ft
36 days on market. Madras median to pending is 53 days.
Tax $1,228 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 $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $295,000 with 20% down, this property runs $556 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 eXp Realty, LLC, agent Mike Ahern, 888-814-9613
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 $295,000, 35.2% below the Madras median list price. See full Madras market →