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Madras
Source: leftover membership, active single-family houses in Madras. This ask 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 Sep 3, 2026
110 listings of every type for sale, 26 pending, 19 sold in the last 30 days. Scroll to zoom. Tap a mark to open the home.
sold in the last 90 days
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. 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.
New listings
Here's your chance to own your dream home on an acre!
Beautiful home with country charm! 3 bed, 2 bath home in an excellent location with professional landscaping in front and back with a stunning water feature, automated irrigation system, xeriscaping, rock outcroppings, and rainwater swales. The backyard has a covered back deck overlooking a serene desertscape, with benches and a propane firepit. Perfect for your summer evening barbeques! Recent home updates include: both bathrooms remodeled, kitchen, pantry, newer roof, hot water heater and heat pump. Interior paint in 2023 and exterior paint in 2017. There is plenty of parking with room to spare. Property has an asphalted driveway with access that wraps around the home. There is extra space for RV, trailer, and other toy storage. RV parking with electrical hookups! Chicken coop, dog kennel, firepit, multiple storage areas, hot tub, and all appliances included!
| Date | Event | Price |
|---|---|---|
| Oct 3, 2025 | Price increase | $452,000$2K up |
| Jun 5, 2025 | Listed | $450,000 |
A rough estimate, not a quote. Loan amount $367,200 · $91,800 down · 30 year term.
Insurance starts at $1,000 per $300K of price each year. Type your quote to replace it.
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 to $1,850) · HUD Fair Market Rent (FY2025), Jefferson County, 3BR. Edit to your own number.
Cash flow
-$1,486/mo
Cap rate
2.5%
Cash on cash
-19.4%
Cash needed
$91,800
At $459,000 with 20% down, this property runs $1,486 per month negative. Adjust the price, down payment, or rent to find what works.
Monthly cash flow
| Year | Value | Equity | Cash flow |
|---|---|---|---|
| 1 | $472,770 | $109,300 | -$17,835 |
| 2 | $486,953 | $127,483 | -$17,606 |
| 3 | $501,562 | $146,380 | -$17,372 |
| 5 | $532,107 | $186,456 | -$16,889 |
| 10 | $616,858 | $301,755 | -$15,596 |
| 20 | $829,005 | $618,599 | -$12,591 |
| 30 | $1,114,113 | $1,114,113 | -$8,928 |
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 Keller Williams Realty Central Oregon, agent Jason Luecker, 541-585-3760
Data last updated September 4, 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.