Overview
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Listing
Turnkey fully remodeled in 2022 & sits on usable acreage w/ irrigation rights & is livestock/horse ready! A true hobby farmers dream! Located south of Madras at the very end of a dead end, private road in a quiet rural setting w/ picturesque mountain view's in the day & city lights at night. 20 minutes to Redmond. This property is ADU eligible & prepared w/ a 2nd driveway. The 70' x 42' shop built in 2023 & is fully insulated & sheeted. It is heated w/ a 250,000 btu Reznor unit & has two 250-gallon propane tanks, smooth sealed concrete floor, & three 12' x 14' roll-up doors w/ power opener. It has its own 200-amp electrical service w/ 220 outlets for welders, compressors & heavy tools along w/ a built-in generator switch panel. Overhead you'll find excellent lighting w/ two 8 ft remote controlled ceiling fans. Clean, bright, & extremely well-maintained 3 bed, 2 bath home w/ A/C! Open living area w/ free standing gas-burning stove, formal dining room, large kitchen w/ quartz counte
A rough estimate, not a quote. Loan amount $559,200 · $139,800 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
sold in the last 90 days
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. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
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). 4 months of supply or less is a seller's market, above 4 and under 6 is balanced, 6 or more is a buyer's market. · updated Oct 5, 2026
| Date | Event | Price |
|---|---|---|
| May 12, 2026 | Listed | $699,000 |
| Year | Tax |
|---|---|
| 2025 | $5,128 |
Tax as filed on the listing. Jefferson County. Parcel 2376.
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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 4, 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=164 · complete_through=2026-10-04 · read 2026-10-05 | 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=2026-10-04 · read 2026-10-05 | 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=151 · complete_through=2026-10-04 · read 2026-10-05 | public.listings, this listing · OnMarketDate 2026-05-12, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
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Listing courtesy of Hanna Realty, Inc.
Data last updated October 5, 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.