This 3-bed, 2-bath home at 499 SE 8th Street in Madras is listed at $329,900. It has 1,564 square feet, sits on 0.21 acres, was built in 1962, and is in Palmain. Status is Pending, with 72 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
Welcome home to this charming and affordable 3-bedroom, 2-bath home offering 1,564 sq ft of comfortable living space in a well-kept neighborhood. You'll love the location, close to parks, schools, & shopping -perfect for first-time homebuyers or anyone looking for value and convenience. Inside, enjoy a beautifully updated kitchen with warm pine cabinets, stainless steel appliances & tile countertops. The cozy natural gas fireplace with a custom Willowdale rock hearth adds warmth and character to the living area. Step outside on the wrap around deck to take in the Cascade Mountain views or relax in the fenced backyard, a versatile space to garden, play, or unwind after a long day. Upstairs offering vaulted ceilings - 2 bedrooms, 1 bath, living room, dining, & kitchen. The downstairs has 1 bedroom, 1 bath, laundry & bonus room with natural gas fireplace. This home blends comfort, quality, & affordability making it a rare find in today's market.
A rough estimate, not a quote. Loan amount $263,920 · $65,980 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras. The wash is sales density of closes in the last 90 days; homes for sale and pending stay as marks. Pulses and the sold count are the closes of the last 30 days. Counts and medians cover every listing read for this map.
Madras
live MLS through Oregon Data Share, active single-family houses in Madras, the same count and median list the Madras market figures on this site publish (market_metric, place membership). This price is the published list price. Months of supply = active listings divided by average monthly closings over the last 6 months (homes closed in the last 6 months divided by 6). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Oct 14, 2026
| Date | Event | Price |
|---|---|---|
| Aug 4, 2026 | Back on market | $330,000 |
| May 30, 2026 | Price change | $330,000$10K down |
| Apr 28, 2026 | Price change | $340,000 |
| Mar 17, 2026 | Price drop | $340,000$10K down |
| Nov 11, 2025 | Listed | $350,000 |
| Year | Tax |
|---|---|
| 2025 | $2,360 |
Tax as filed on the listing. Jefferson County. Parcel 10174.
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Tour requests usually get a same-day reply.
Listing courtesy of Signet Realty
Data last updated October 15, 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.
