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Morning Crest Home built in 2004, very nice subdivision near the hospital, parks, schools and aquatic center. This 3-bedroom, 2 full bath, 1,180 sq. ft. home with a 2-car garage is a great affordable home. New flooring throughout the home, laminate and carpet. New paint on the inside and trim on the outside. Natural gas forced air heat throughout makes this home cozy and warm. The living area is open much like a great room with gas fireplace. The kitchen area is part of that room with an island for eating or doing some homework, electric plugs in island. The front and back yards are fully landscaped with grass, shrubs and underground irrigation too. The neighborhood is quiet with both retired and young families, sidewalks, on street parking for guests and others.
A rough estimate, not a quote. Loan amount $247,200 · $61,800 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.
Education
| Date | Event | Price |
|---|---|---|
| Aug 13, 2026 | Price dropMlsStatus: Pending → Closed | $300,000$9K down |
| Aug 13, 2026 | Sold | $309,000 |
| May 30, 2026 | Price change | $309,000 |
| May 20, 2026 | Active | $309,000$16K down |
| May 8, 2026 | Listed | $325,000 |
$262 per sq ft
96 days on market. Madras median to pending is 53 days.
Tax $2,203 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 $309,000 with 20% down, this property runs $711 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 Willow Canyon Group, agent Richard Allen, 541-475-2220
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 $309,000, 32.1% below the Madras median list price. See full Madras market →