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$395,000
Was $425,000 Cut $30,000 (−7.1%)
Listed 116 days; a typical Madras home goes under contract in 53 days; $169 a square foot, about 32% below the Madras median of $250.
regional MLS through Oregon Data Share, median days from listing to contract, detached homes in Madras, trailing 90 days; median closed price per square foot, detached homes in Madras, trailing 12 months, computed Oct 15, 2026 (market_metric, detached). Days listed counts from this home's on-market date to today; $/sqft is this home's price over its living area.
This 3-bed, 2-bath home at 248 SE 10th Street in Madras is listed at $395,000. It has 2,340 square feet, sits on 0.16 acres, was built in 1966, and is in Palmain. Status is Active, with 116 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Listing
This one-of-a-kind property offers unique flexibility for a variety of lifestyles & needs. A separate upstairs entrance leads to a self-contained 1 bedroom/1 bath 665sf apartment with kitchen, dining area, washer/dryer & A/C, ideal for RENTAL INCOME, multi-family living or guests. The light-filled main home offers flexible room configurations, abundant storage, kitchen with large island, dining area, comfortable living room & large family/media room. A separate downstairs entrance provides options for a home office, studio or hobby space. Outside, enjoy yard space surrounding the corner lot, potential RV parking, plus a large shed/workshop for storage, projects, tools or hobbies. The roof is only 3 years old. Located in an established neighborhood near schools, local parks, shopping & community celebrations in the park, and just 45 minutes from Bend, OR. This versatile property--a great investment opportunity--offers far more than first meets the eye and is best appreciated in person!
A rough estimate, not a quote. Loan amount $316,000 · $79,000 down · 30 year term.
Insurance starts at 0.35% of price each year. Type your quote to replace it.
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.
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). A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace. · updated Oct 15, 2026
| Date | Event | Price |
|---|---|---|
| Aug 14, 2026 | Price change | $395,000$30K down |
| Jun 21, 2026 | Listed | $425,000 |
| Year | Tax |
|---|---|
| 2025 | $3,688 |
Tax as filed on the listing. Jefferson County. Parcel 9998.
Similar homes
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 14, 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=162 · complete_through=2026-10-14 · read 2026-10-16 | 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=67 · complete_through=2026-10-14 · read 2026-10-16 | 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=150 · complete_through=2026-10-14 · read 2026-10-16 | public.listings, this listing · OriginalListPrice 425000 to ListPrice 395000 · OnMarketDate 2026-06-22, 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 eXp Realty, LLC
Data last updated October 16, 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.
