$348,900
16 days listed is inside the 56 a typical Madras home takes to go under contract; $192 a square foot is 23.2% under the Madras closed 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 7, 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.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Affordable space in the heart of Madras! This well cared for 1,815 sq ft home offers 4 bedrooms, 2 bathrooms & a desirable split-style floor plan with walk-in closets in every bedroom. Living & family room offers flexible floor plan to also use as formal dining room. Vaulted ceilings create an open feel while the thoughtful layout provides both comfort & functionality. Situated on a spacious quarter-acre corner sytle lot, the property features mature landscaping, a fully fenced yard, large deck perfect for summer evenings & front-row views of the 4th of July fireworks. Recent exterior paint & newer roof add peace of mind for buyers looking for value & pride of ownership. Enjoy year-round comfort with forced air heating & a heat pump. Outside you'll also find a detached double-car garage with workshop space, covered carport area & plenty of room for hobbies, storage & toys. A rare opportunity to find this much home, lot size & functionality at an affordable price point in Central Oregon
A rough estimate, not a quote. Loan amount $279,120 · $69,780 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 7, 2026
| Date | Event | Price |
|---|---|---|
| Sep 21, 2026 | Listed | $370,000$21K up |
| Jun 10, 2026 | Price change | $349,000 |
| Year | Tax |
|---|---|
| 2025 | $2,114 |
Tax as filed on the listing. Jefferson County. Parcel 11847.
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 6, 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=165 · complete_through=2026-10-06 · read 2026-10-07 | 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=2026-10-06 · read 2026-10-07 | 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=152 · complete_through=2026-10-06 · read 2026-10-07 | public.listings, this listing · OriginalListPrice 369500 to ListPrice 348900 · OnMarketDate 2026-09-21, calendar days to today in America/Los_Angeles · not DaysOnMarket, which is list-to-close
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Listing courtesy of Signet Realty
Data last updated October 7, 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.
Listing