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Charming and updated home in a great location! This delightful 2-bedroom, 1- bath home is full of recent updates and ready for your to move right in! Enjoy the fresh look and feel with new laminate flooring, updated light fixtures, fresh interior paint, newer windows, and a beautifully updated bathroom. The kitchen is light and bright with painted cabinets, updated counters, sink and faucet. The functional layout offers comfortable living space, and the attached garage adds convenience. Outside, you'll love the large fenced backyard: perfect for pets, play or gardening....plus a handy storage shed for all your extras. Located in a desirable neighborhood close to schools, shopping and parks, this home blends comfort, style and location into one inviting package.
A rough estimate, not a quote. Loan amount $231,920 · $57,980 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, 25 pending, 19 sold in the last 30 days. Point at a mark to read it, 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. Roads, rivers and lakes: US Census TIGER/Line 2024, drawn in this map's own projection.
Education
| Date | Event | Price |
|---|---|---|
| Dec 15, 2025 | Price drop | $285,000$5K down |
| Sep 17, 2025 | Listed | $290,000 |
$315 per sq ft
87 days on market. Madras median to pending is 53 days.
Tax $2,001 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 $1,143 ($1,025–$1,325) · HUD Fair Market Rent (FY2025), Jefferson County, 2BR. Edit to your own number.
At $289,900 with 20% down, this property runs $946 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 Jessica Lay, 541-350-4859
Data last updated September 3, 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 $290,000, 36.3% below the Madras median list price. See full Madras market →