Real estate in Madras Under $400K, Central Oregon - scenic area

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Homes in Madras Under $400K

94 active · 43 under contract · 5,684 closed · 3,361 other

Homes Under $400,000 in Madras

There are currently 94 active under $400k listings in Madras. The median list price across all active homes in Madras is $396,750. Browse the matches below, save the ones you like, and reach out when you want a closer look.

All Madras homes Madras Under $300K Madras Under $500K Madras Mountain View Madras Single Level Madras With Shop Madras Acreage

Market Snapshot

59 homes for sale · 20 new in the last 30 days · Market reports

59 active · 43 under contract · 5,684 closed · 3,361 other

Homes for sale (active)

Avg. list price (active)

$395,458.702

Median list price

$396,750

New (last 30 days)

Pending

Median price trend

Madras Under $400K live market pulse

Updated 6/3/2026

Active 59Pending 25New 7d 10

Recently sold in Madras

$399,900

3 bed2 bath1,632 sq ftDays on market: —Listed: —Closed

2752 Aaron, Madras, 97741

MLS# 220215202

Listing provided by Oregon Data Share

$6,000

5,305 sq ftDays on market: —Listed: —Closed

1810 Highway 97, Madras, 97741

MLS# 220218691

Listing provided by Oregon Data Share

$89,900

Days on market: —Listed: —Closed

Roberta, Madras, 97741

MLS# 220218392

Listing provided by Oregon Data Share

$395,000

4 bed2 bath1,332 sq ftDays on market: —Listed: —Closed

1642 Hilltop, Madras, 97741

MLS# 220212351

Listing provided by Oregon Data Share

$385,000

3 bed3 bath2,052 sq ftDays on market: —Listed: —Closed

630 Bean, Madras, 97741

MLS# 220211430

Listing provided by Oregon Data Share

$464,995

4 bed2 bath1,906 sq ftDays on market: —Listed: —Closed

320 Par, Madras, 97741

MLS# 220219538

Listing provided by Oregon Data Share

Hot communities in Madras

Where the action is — most listings, pending sales, and new listings. Explore these in-demand neighborhoods.

Willowbrook20 homes for sale

7 pending

Willowbrook is a residential community in Madras with a mix of homes and outdoor amenities.

Yarrow23 homes for sale

1 pending

Yarrow is a residential community in Madras with a mix of homes and outdoor amenities.

Sagebrook Estates13 homes for sale

11 pending

Sagebrook Estates is a residential community in Madras with a mix of homes and outdoor amenities.

Madras10 homes for sale

2 pending

Madras is a residential community in Madras with a mix of homes and outdoor amenities.

Palmain8 homes for sale

1 pending

Palmain is a residential community in Madras with a mix of homes and outdoor amenities.

Communities in Madras

Explore neighborhoods and communities in Madras. Click a community to see homes for sale.

Yarrow (22)Willowbrook (13)Madras (8)Palmain (7)Strawberry Heights (7)Morning Crest (4)The Pines at Madras (4)Bitterbrush Estates (3)Bone Addition (3)Mtn View (3)

Open houses in Madras Under $400K

See all open houses

451 C

Sun, Jun 7 • 11:00 AM - 1:00 PM

$437,000

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Price under $500K Price under $1M Luxury homes New listings Open houses Homes with pool Homes with view Golf course homes

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1–9 of 94

$254,900

Est. $1,357/mo

3 bed2 bath1,092 sq ftDays on market: —Listed: May 28, 2026Active

866 Kristin, Madras, 97741

MLS# 220222319

Listing provided by Oregon Data Share

$300,000

Est. $1,597/mo

Days on market: —Listed: Jun 2, 2026Active

1197 Highway 26, Madras, 97741

MLS# 220222596

Listing provided by Oregon Data Share

$305,000

Est. $1,623/mo

3 bed1 bath1,042 sq ftDays on market: —Listed: Jun 2, 2026Active

286 D, Madras, 97741

MLS# 220194684

Listing provided by Oregon Data Share

$269,000

Est. $1,432/mo

3 bed3 bath1,760 sq ftDays on market: —Listed: Apr 2, 2026Active

901 Kierra, Madras, 97741

MLS# 220218481

Listing provided by Oregon Data Share

$262,500

Est. $1,397/mo

2 bed2 bath1,050 sq ftDays on market: —Listed: Mar 2, 2026Active

748 Madison, Madras, 97741

MLS# 220202673

Listing provided by Oregon Data Share

$335,000

Est. $1,783/mo

3 bed2 bath1,416 sq ftDays on market: —Listed: Jun 1, 2026Active

512 Ponderosa, Madras, 97741

MLS# 220222491

Listing provided by Oregon Data Share

$280,900

Est. $1,495/mo

2 bed2 bath1,019 sq ftDays on market: —Listed: Mar 19, 2026Active

511 Polaris, Madras, 97741

MLS# 220217473

Listing provided by Oregon Data Share