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Only 2 homes left! *Below-market rate incentives available when financing with preferred lender!* Introducing Lennar Homes at Sagebrook Estates. Welcome to the ''Alderwood'' floorplan, a brand new single family home on one level. The Kitchen seamlessly integrates with the Great Room creating a modern open-concept design ideal for both everyday living and entertaining. The first bedroom can be found off the entry, perfect as a guest suite or home office space. Two additional bedrooms are tucked to the side of the home, including the luxe owner's suite, featuring a walk-in closet and en-suite bathroom. The Kitchen presents quartz countertops, sleek shaker-style cabinets with stainless steel appliances. Price includes: air conditioning, blinds, a refrigerator, washer, and dryer. Enjoy the beauty of a landscaped front yard with sod grass including a drip irrigation system. Photos are of a model Alderwood, not the exact homesite. Contact us today! #125
A rough estimate, not a quote. Loan amount $261,920 · $65,480 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
111 listings of every type for sale, 25 pending, 19 sold in the last 30 days. Point at a mark to read it, or slide the price.
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.
Education
| Date | Event | Price |
|---|---|---|
| May 21, 2025 | Price drop | $325,000$3K down |
| Feb 12, 2025 | Listed | $328,000 |
$269 per sq ft
68 days on market. Madras median to pending is 53 days.
HOA $30 per month. Tax $469 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 $327,400 with 20% down, this property runs $695 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 Lennar Sales Corp, agent Michelle Gregg-Anderson, 503-476-3846
Data last updated September 3, 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.
Keep exploring
In Madras, near Lake Billy Chinook.
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 $327,000, 28.0% below the Madras median list price. See full Madras market →