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Better than New and priced to move! Come and see this beautifully maintained 3-bed, 2-bath open concept home that is thoughtfully designed for the owners comfort and pleasure. This home is perfect for entertaining and it features a spacious living area, granite countertops, stainless steel appliances, and a kitchen island with seating. The large pantry with custom shelving adds extra storage for your cooking needs. The primary suite includes a walk-in closet, dual vanity and walk-in shower. The two additional bedrooms and a full bath provide room for family, guests or a home office. Enjoy the fenced backyard for play or pets. It also has an attached 2-car garage and driveway parking. With forced-air heating and central-air cooling you'll always have the perfect temperature to enjoy this quality move-in ready home! Schedule your showing now, and come and enjoy this lovely home in beautiful Central Oregon!
A rough estimate, not a quote. Loan amount $259,999 · $65,000 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
111 listings of every type for sale, 24 pending, 18 sold in the last 30 days. Tap a place for its numbers, or slide the price.
In Madras, near Lake Billy Chinook.
Every active and pending listing of every property type on the regional MLS through Oregon Data Share inside the recorded boundary of Madras, plus the closes of the last 30 days. Counts and medians cover every listing read for this map; a few sit just beyond its edges.
Education
| Date | Event | Price |
|---|---|---|
| Aug 6, 2026 | Price change | $325,000$12K down |
| May 14, 2026 | Price change | $337,000$10K down |
| Mar 9, 2026 | Listed | $347,000 |
$246 per sq ft
173 days on market. Madras median to pending is 53 days.
HOA $25 per month. Tax $2,710 per year.
The full analysis names every comparable sale and shows the adjustment we made for each one.
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 $1,602 ($1,450–$1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
At $324,999 with 20% down, this property runs $864 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 Dreams Realty Group, LLC, agent Allison Downing, 541-475-3030
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 $325,000, 28.6% below the Madras median list price. See full Madras market →