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This 3-bed, 2-bath home at 124 NE Jefferson Street in Madras is listed at $315,000. It has 1,342 square feet, sits on 0.19 acres, was built in 2026, and is in North Unit. Status is Active, with 28 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
New construction in Madras, Oregon, for $315,000! Scheduled for completion by the end of November 2026, this light and inviting 1,342-square-foot home will feature 3 bedrooms, 2 bathrooms, an attached garage, a dedicated laundry room, and a spacious kitchen with a center island. Planned finishes include quartz countertops, natural wood floor-to-ceiling soft-close cabinetry, commercial-grade LVP flooring throughout the main living areas, and carpet in the bedrooms. The primary suite will include a large walk-in closet and private bath with dual vanities. A sliding glass door off the living room provides easy access to the spacious backyard, perfect for outdoor entertaining. Both the front and backyards will feature grass and an underground sprinkler system, making it easy to enjoy your outdoor spaces from day one. Get in early and be part of the excitement of a brand-new build from the ground up. Don't miss your chance to make this new Madras home yours!
A rough estimate, not a quote. Loan amount $252,000 · $63,000 down · 30 year term. The listing reports no usable tax bill, so taxes are estimated at 0.57% of price.
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.
The median sale price is $375,000, the middle of 159 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 8, 2026)
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. 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 Nov 9, 2026
| Date | Event | Price |
|---|---|---|
| Oct 13, 2026 | Listed | $315,000 |
| Year |
|---|
| 2025 |
Tax as filed on the listing. Jefferson County. Parcel 952.
Madras · What to do about this house
The typical cut was 4.5% 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 November 8, 2026
Ryan Realty analysis · n=159 · read 2026-11-09 | Ryan Realty analysis · n=66 · read 2026-11-09 | Ryan Realty analysis · n=150 · read 2026-11-09 | public.listings, this listing · OnMarketDate 2026-10-13, 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 Scout Realty LLC
Data last updated November 10, 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.