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Perched on a hilltop at the end of a quiet cul-de-sac, this well-built home offers views of Madras & the mountains, a rare combination of seclusion & scenery. The foyer leads to the living room with vaulted ceilings of Redwood tongue-and-groove lumber and a gas fireplace. The formal dining room flows naturally from the kitchen, a highly functional space with its own fireplace & casual eating area. The huge laundry room, with abundant cabinets, provides access to a full bathroom and the tandem garage, keeping daily life organized. At the other end of the home are two bedrooms & a full bath. Downstairs, an unfinished walkout basement with several rooms offers flex space for a family room, workshop, gym or bedrooms. Outside, lush perennial gardens front & back, mature trees, and a gazebo create a private oasis, a retreat all year long and enjoyed fully when the seasons allow. Madras Aquatic Center is less than a mile away.
A rough estimate, not a quote. Loan amount $318,400 · $79,600 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 |
|---|---|---|
| Aug 22, 2026 | Listed | $420,000$22K up |
| Jul 28, 2026 | Price change | $398,000 |
$116 per sq ft
4 days on market. Madras median to pending is 53 days.
Tax $3,519 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 $398,000 with 20% down, this property runs $1,295 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 SPACE Realty, agent Liz Lotochinski, 541-420-2588
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.
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 $398,000, 12.5% below the Madras median list price. See full Madras market →