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Experience peaceful country living on 1.92 irrigated acres, surrounded by farmland and serenity, while enjoying a spacious 2,388 sq ft home designed for multigenerational living. Upstairs offers 3 bedrooms, 2 full baths, a dual wood-burning fireplace, and open living areas filled with natural light. The lower level provides incredible flexibility with a family room, kitchenette, laundry, large bedroom, and bonus room—perfect for guests, extended family, or private living quarters. Outdoors, you'll find two large shop/storage buildings, covered RV parking with attached storage, additional sheds, a small carport, and an attached double garage. Plenty of room for hobbies, equipment, and projects. Lovingly maintained and move-in ready, this property combines functionality, space, and tranquility—an ideal retreat to call home.
A rough estimate, not a quote. Loan amount $399,920 · $99,980 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
See everything for sale in Madras
| Date | Event | Price |
|---|---|---|
| Sep 16, 2025 | Price drop | $500,000$20K down |
| Aug 29, 2025 | Listed | $520,000 |
13% over the ask
$513,000 to $615,000
4 closed sales
$209 per sq ft
365 days on market. Madras median to pending is 53 days.
Tax $4,069 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
Stamp from listing_pricing_reads. 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 $1,798 ($1,625–$2,075) · HUD Fair Market Rent (FY2025), Jefferson County, 4BR. Edit to your own number.
At $499,900 with 20% down, this property runs $1,732 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 Signet Realty, agent Ali Stensgar-Alire, 541-350-4859
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 $500,000, 9.9% above the Madras median list price. See full Madras market →