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2350 SW Bear Drive in Madras is listed at $115,000. It sits on 0.42 acres. Status is Active, with 799 days on market.
Overview
Exterior & lot
Systems & utilities
Financial
Listing
From the MLS listing. Verify with the listing broker.
READY TO BUILD! Imagine your dream home overlooking farmland on this .42 acre corner lot. Property has power, natural gas, and Deschutes Valley water available on the lot. Septic feasibility study has been approved by Jefferson County for an onsite septic system. ERD zoning is buildable per Jefferson County. This property is a blank-slate for anyone looking to build their own home outside of city-limits. No CC&R's, no HOA! Manufactured homes are allowable in ERD zone per Jefferson County.
A rough estimate, not a quote. Loan amount $92,000 · $23,000 down · 30 year term.
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 $378,000, the middle of 161 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Oct 28, 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 Oct 29, 2026
| Date | Event | Price |
|---|---|---|
| Jun 23, 2026 | Price change | $115,000 |
| May 18, 2026 | Price change | $115,000$14K down |
| Jun 27, 2025 | Price drop | $128,500 |
| Aug 22, 2024 | Listed | $128,500 |
| Year | Tax |
|---|---|
| 2023 | $251 |
Tax as filed on the listing. Jefferson County. Parcel 2026.
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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 October 28, 2026
Ryan Realty analysis · n=161 · read 2026-10-30 | Ryan Realty analysis · n=69 · read 2026-10-30 | Ryan Realty analysis · n=152 · read 2026-10-30 | public.listings, this listing · OriginalListPrice 129000 to ListPrice 115000 · OnMarketDate 2024-08-22, 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 Keller Williams Realty Central Oregon
Data last updated October 30, 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.
