Just start talking
$550,000
Was $579,900 Cut $29,900 (−5.2%)
Listed 130 days; a typical Madras home goes under contract in 49 days; $255 a square foot, about 2% above the Madras median of $250.
regional MLS through Oregon Data Share, median days from listing to contract, detached homes in Madras, trailing 90 days; median closed price per square foot, detached homes in Madras, trailing 12 months, computed Oct 17, 2026 (market_metric, detached). Days listed counts from this home's on-market date to today; $/sqft is this home's price over its living area.
This 4-bed, 3-bath home at 1561 NE Hilltop Lane in Madras is listed at $550,000. It has 2,158 square feet, sits on 1.9 acres, was built in 1973, and is in North Madras Heights. Status is Active, with 130 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
Looking for room to breathe without giving up convenience? This well-maintained 4-bedroom, 3-bath home sits on 1.9 acres with Cascade Mountain views, an oversized shop, RV parking and a peaceful country feel just minutes from town. The split-level design places the main living area and primary suite upstairs to capture the scenery. An open kitchen and great room feature a center island, abundant cabinetry, wood-burning fireplace and spacious dining area. Step outside to a wraparound deck, large back patio and fully fenced, park-like grounds with mature and fruit trees, beautiful landscaping, underground sprinklers and a welcoming fire pit area. A secondary driveway provides plenty of room for RVs, trailers and toys, while the oversized double-car shop offers excellent storage and workspace. Newer roof, heat pump and furnace add to the appeal. Space, privacy, views and versatility come together in a property that offers a little more of everything, all close to town.
A rough estimate, not a quote. Loan amount $440,000 · $110,000 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 17, 2026
| Date | Event | Price |
|---|---|---|
| Sep 19, 2026 | Price change | $550,000$30K down |
| Aug 6, 2026 | Price change | $580,000$20K down |
| Jul 4, 2026 | Price change | $600,000$20K down |
| Jun 9, 2026 | Listed | $620,000 |
| Year | Tax |
|---|---|
| 2025 | $4,124 |
Tax as filed on the listing. Jefferson County. Parcel 11022.
Madras · What to do about this house
The typical cut was 4.6% off the original ask, and the typical home went under contract in 57 days.
Madras single family homes · every sale that closed in the 12 months to October 16, 2026
public.market_metric · stat_id=pct_with_price_cut · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=162 · complete_through=2026-10-16 · read 2026-10-18 | public.market_metric · stat_id=median_price_cut_pct · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=68 · complete_through=2026-10-16 · read 2026-10-18 | public.market_metric · stat_id=median_days_to_contract · geo_type=city · geo_slug=madras (Madras) · segment=detached · window_months=12 · definition_id=mt-v1 · n=152 · complete_through=2026-10-16 · read 2026-10-18 | public.listings, this listing · OriginalListPrice 619900 to ListPrice 550000 · OnMarketDate 2026-06-09, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
Tour requests usually get a same-day reply.
Listing courtesy of Signet Realty
Data last updated October 18, 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.
