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This charming three bedroom, two bath home offers a spacious and inviting layout with a large living room and dining area, perfect for gathering with family and friends. The functional kitchen has ample counter space and is bathed in beautiful natural light. A versatile bonus room provides space for a home office, hobby room, or extra storage. Recent upgrades include newer solar panels for peak energy efficiency and a brand new heater installed in 2024. The fully fenced yard and patio is ideal for entertaining, offering privacy, plenty of room to relax, and a flourishing garden just in time for spring and summer. Plus, a large storage shed provides even more space for tools, equipment or outdoor gear. Conveniently located just minutes from town and shopping, this home perfectly balances comfort, functionality, and an unbeatable location!
A rough estimate, not a quote. Loan amount $239,920 · $59,980 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.
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 |
|---|---|---|
| Jul 7, 2025 | Price drop | $278,000$22K down |
| Apr 25, 2025 | Listed | $300,000 |
$206 per sq ft
68 days on market. Madras median to pending is 53 days.
Tax $1,965 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 $299,900 with 20% down, this property runs $643 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 Coldwell Banker Sun Country, agent Mackenzie Licea, 541-447-4433
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.
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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 $300,000, 34.1% below the Madras median list price. See full Madras market →