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Local answer
Madras sits north of Bend in Jefferson County. The median single-family home there sold for $401,950 in October 2026. As of Nov 13, 2026, 73 detached single-family homes were for sale (5.6 months of supply), so the sales pace and the listings on the market are close. Homes went under contract in a median 56 days.
Source: Single-family homes, Oregon Data Share MLS. Sales closed in October 2026, listings as of Nov 13, 2026. How we get our numbers
Matt RyanOwner & Principal BrokerCall or text 541.703.3095
73 detached single-family houses with a Madras address are for sale as of Nov 13, 2026, at a median asking price of $446,000. Madras has 5.6 months of supply, which makes it a neutral market: the sales pace and the listings on the market are close. The median single-family home in Madras sold for $401,950 in October 2026 (Oregon Data Share MLS, single-family sales closed in October 2026). The median sale price in Madras over the last 12 months is up 0.9% from the 12 months before.
Single-family homes, Oregon Data Share MLS, as of Nov 13, 2026.
110 for sale on the map, all home types (Oregon Data Share MLS, as of Nov 13, 2026)
4 for lease
See all commercial space for lease
regional MLS through Oregon Data Share: every listing inside the recorded Madras boundary that is for sale, or under contract and still showing, every property type. · updated Nov 13, 2026
Madras · Typical price
Median sale price $402K in Oct 2026, up 11.4% from Oct 2025.
| 2024 | 2025 | 2026 | |
|---|---|---|---|
| Jan | $363K | $363K | |
| Feb | $329K | ||
| Mar | $413K | $395K | |
| Apr | $405K | $395K | |
| May | $330K | $375K | |
| Jun | $383K | $412K | $367K |
| Jul | $376K | $384K | $385K |
| Aug | $375K | $403K | $392K |
| Sep | $360K | ||
| Oct | $312K | $361K | $402K |
| Nov | $352K | $369K | |
| Dec | $336K |
The median list price is $446,000, the middle asking price of 73 single family homes for sale. It shows what sellers are asking, not what homes sold for. (Oregon Data Share MLS, as of Nov 13, 2026)
The median sale price is $378,000, the middle of 155 single family closed sales over the last 12 months. (Oregon Data Share MLS, as of Nov 13, 2026)
regional MLS through Oregon Data Share: single-family houses whose MLS City is Madras. Every figure names its own window; a figure we could not publish is absent, not estimated. 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. Closed MLS sales through Oregon Data Share, Madras, all property types, calendar year 2025. Not active inventory. Oregon Data Share closed sales in the Central Oregon service-area cities. Close price $1,000 or more. Close date set. · updated Nov 13, 2026
Madras · What it costs
The middle single-family home for sale in Madras asks $446,000. Move either number below and the other one follows.
Principal and interest only. Taxes, insurance and any HOA sit on top.
Between $100,000 and $1,230,000 on the slider. Type any number in the box.
Down payment
Length of the loan
7.18% is the Freddie Mac 30-year fixed, via FRED for the week of Nov 9, 2026. Put your own quote in if you have one.
$2,417 a month reaches $446,000 in Madras.
At $446,000, here is what you bring and what you borrow.
Hover, tap or tab a bar for what it counts.
Arithmetic on the price you set, not a figure we measured: 20% down, 7.18%, 30 years. The two add up to $446,000 exactly; closing costs are not in either bar.
Your monthly number against the middle of Madras.
Each bar gives up what it counts.
live MLS through Oregon Data Share, median asking price $446,000 across the 73 single-family homes for sale in Madras, the same figure this page's market section prints, read Nov 13, 2026. The two payments are principal and interest only, on the terms you set: 20% down, 7.18%, 30 years. Taxes, insurance and any HOA sit on top.
How people actually paid for a house in Madras.
Each bar gives up what it counts.
closed MLS sales through Oregon Data Share, how buyers paid for the single-family homes that closed in Madras over the last 12 months, reaching further back where too few sold to publish. Shares under 5% are not published, so these do not add to 100%. This is how OTHER buyers paid; it is not a suggestion about your down payment.
Your own numbers, run through the payment math this site uses everywhere: 20% down, 7.18%, 30 years. The starting rate is the Freddie Mac 30-year fixed, via FRED published for the week of Nov 9, 2026. live MLS through Oregon Data Share, median asking price $446,000 across the 73 single-family homes for sale in Madras, the same figure this page's market section prints, read Nov 13, 2026. Nothing here is a loan offer or an approval.
Madras, Oregon
Madras is in Jefferson County, with views of Mount Jefferson and the Cascades. Inventory mixes agricultural land, newer subdivisions, and homes that cost less than Bend. Highway access ties it to the rest of Central Oregon.
Madras was incorporated on March 29, 1910. In the November 1916 election, Jefferson County voters made Madras the permanent county seat, and the county records moved to town on January 1, 1917. The first Madras courthouse went up that year. The county moved to a new courthouse in 1961 and to its current one, completed in July 2016.
The Cove Palisades State Park sits where the Deschutes and Crooked River canyons meet, on Lake Billy Chinook behind Round Butte Dam. Day use is open all year.
Madras · Local facts
Madras is an incorporated city in Jefferson County. It was incorporated on March 29, 1910, and sits at an elevation of 2,242 feet. The 2020 Census counted 7,456 residents and 2,878 housing units, and Portland State University's population estimate shown on ODOT's 2023 city map is 8,070. In the November 1916 election, county voters made Madras the permanent county seat, and the county records moved to town on January 1, 1917.
The facts above come from Madras's recorded sources: Oregon Blue Book, U.S. Census Bureau, Oregon Department of Transportation, and Oregon Judicial Department.
Common questions
The median sale price for a single-family home in Madras was $401,950 in October 2026. That is the median, the middle sale, rather than the average, which a few very large sales would pull up. The median list price of the single-family homes for sale is $446,000 as of November 2026, based on a direct count of the active MLS listings.
Yes. The median sale price of single-family homes in Madras over the last 12 months is up 0.9% from the 12 months before.
There are 73 active single-family listings in Madras as of November 2026, counting every home with a Madras address in the regional MLS that isn't under contract yet.
Madras has 5.6 months of supply. A lower months-of-supply figure means fewer homes for sale relative to the recent sales pace.
Single-family homes in Madras took a median of 56 days to go pending as of November 2026.
155 single-family homes sold in Madras over the past 12 months as of November 2026.
The typical detached single-family home in Madras closed at 98.6% of the price it was first listed at, over the last 12 months. Under 100% means sellers generally came down from their first number before the home sold. Over 100% means buyers bid past it.
regional MLS through Oregon Data Share: single-family houses whose MLS City is Madras. Every figure names its own window; a figure we could not publish is absent, not estimated. 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. Closed MLS sales through Oregon Data Share, Madras, all property types, calendar year 2025. Not active inventory. Oregon Data Share closed sales in the Central Oregon service-area cities. Close price $1,000 or more. Close date set.
16.8% of the detached Madras homes that closed over the last 12 months were paid for in cash. By how they paid: 36.8% Conventional loan, 32.3% FHA loan, 16.8% Cash, and 9.0% VA loan. Payment types under 5% are left out, so these do not add up to 100%. This is how other buyers paid, and it is not a suggestion about your down payment.
closed MLS sales through Oregon Data Share, how buyers paid for the single-family homes that closed in Madras over the last 12 months, reaching further back where too few sold to publish. Shares under 5% are not published, so these do not add to 100%. This is how OTHER buyers paid; it is not a suggestion about your down payment.
16 detached single-family houses came on the market in Madras in the last 30 days, not counting Coming Soon listings. The email alert on this page tells you about the next ones, and it covers other home types too, not only houses.
16 houses: regional MLS through Oregon Data Share, Ryan Realty analysis new listings in the last 30 days for Madras (detached single-family; Coming Soon excluded). The alert follows this page's filter, which is wider than houses alone.
The median asking price for a single-family home in Madras is $446,000, and the calculator on this page starts there. Move the monthly payment or the price and the other follows. The 30-year rate on that calculator is 7.18% for the week of Nov 9, 2026, from Freddie Mac 30-year fixed, via FRED. To see the homes that fit your budget, search from the calculator.
live MLS through Oregon Data Share, median asking price $446,000 across the 73 single-family homes for sale in Madras, the same figure this page's market section prints, read Nov 13, 2026.
Closed sales in Madras across all property types added up to $88.7M in 2025, from 235 sales. That total covers every kind of property that sold, so it is not a single-family-only figure.
Closed MLS sales through Oregon Data Share, Madras, all property types, calendar year 2025. Not active inventory. Oregon Data Share closed sales in the Central Oregon service-area cities. Close price $1,000 or more. Close date set.
Guides and news
Madras · Explore
Central Oregon
Bend$854,778 median list638 active
Redmond$592,500 median list248 active
Prineville$502,475 median list198 active
La Pine$475,000 median list142 active
Sisters$887,450 median list100 active
Powell Butte$1,448,500 median list66 active
Terrebonne$814,500 median list49 active
Sunriver$899,000 median list38 activelive MLS through Oregon Data Share, active single-family listings, counted per place