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Welcome to this charming 3-bedroom home offering 1,088 sq ft of comfortable living space. This property features a functional layout, cozy living areas, and plenty of natural light throughout. The fenced yard provides room to garden, play, or entertain on the patio, with potential to make it your own. Ideal as a first home or investment opportunity, this property has excellent rental potential and is conveniently located near schools, parks, and downtown Madras amenities. Don't miss your chance to own this affordable and charming home!
A rough estimate, not a quote. Loan amount $207,920 · $51,980 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.
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 |
|---|---|---|
| Sep 11, 2025 | Price increase | $267,000$7K up |
| Jul 17, 2025 | Price drop | $260,000$42K down |
| Jun 17, 2025 | Listed | $302,000 |
$239 per sq ft
85 days on market. Madras median to pending is 53 days.
Tax $1,847 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.
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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 $259,900 with 20% down, this property runs $420 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 Windermere Realty Trust, agent Amy Brown, 541-923-4663
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 $260,000, 42.9% below the Madras median list price. See full Madras market →