$339,900
Was $355,500 Cut $15,600 (−4.4%)
274 days listed is about 5.6 times the 49 a typical Madras home takes to go under contract; $215 a square foot is 14.0% 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 14, 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, 1-bath home at 2355 NE Market Street in Madras is listed at $339,900. It has 1,578 square feet, sits on 0.59 acres, was built in 1938, and is in Vibberts. Status is Pending, with 274 days on market.
Overview
Interior
Exterior & lot
Systems & utilities
Financial
Don't miss this one in the heart of Central Oregon's grasslands. Situated in the fertile valley floor, this updated home sits on a 1/2acre+ parcel in the center of historic Gateway. 4 miles from the Trout Creek Rec Area - bird hunting paradise! Home, shop & well appointed garden areas create an inviting family homestead. Home is well maintained w/wood look flooring in main living spaces, bright interiors w/plenty of windows. Kitchen offers a modern update w/white cabinets & new countertops, & plenty of storage. Double oven & all appliances included w/adjoining mud/laundry room. Well sized bedrooms & primary bath w/step-in shower. Upstairs is a huge bonus room w/additional bedroom - perfect private office or play space. Full basement for hobbies, wine cave, or conditioned storage! Outdoor living w/firepit & pergola covered eating area. Massive 30x40 shop w/rollup doors for RV/Boat parking or build out as a full shop, addtnl storage building, covered parking & manicured lawn area too
A rough estimate, not a quote. Loan amount $271,920 · $67,980 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 14, 2026
| Date | Event | Price |
|---|---|---|
| Jul 21, 2026 | Pending | $340,000 |
| Jul 18, 2026 | Price change | $340,000$16K down |
| May 30, 2026 | Price change | $356,000$24K down |
| Jan 13, 2026 | Back on market | $380,000$5K up |
| Jan 13, 2026 | Price drop | $375,000$5K down |
| Aug 1, 2025 | Price drop | $380,000$20K down |
| Jan 30, 2025 | Listed | $400,000 |
| Year | Tax |
|---|---|
| 2024 | $1,393 |
Tax as filed on the listing. Jefferson County. Parcel 12991.
What to do about this house
Tour requests usually get a same-day reply.
Listing courtesy of Keller Williams Realty Central Oregon
Data last updated October 15, 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