Madras, Oregon
Median sale price $385K in Aug 2026, down 4.5% from Aug 2025.
Aug: 2024 $375K, 2025 $403K, 2026 $385K
homes for sale vs a month of sales
About 5.8 months of homes on the market.
Oregon Data Share MLS. 68 homes for sale vs 12 sales a month. 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 Sep 13, 2026
Half the houses for sale in Madras ask more than this, half ask less.
Single-family houses on the market in Madras right now.
Sellers who have accepted an offer and have not closed yet.
The typical wait between a house going on the market in Madras and a seller accepting an offer.
Sales that finished and changed hands in the last month.
lots on the market right now, a different kind of listing from a single-family house.
farms on the market right now, a different kind of listing from a single-family house.
How long the typical active listing has sat on the market without going under contract.
The share of last year's sales that took at least one price cut before they closed.
The share of sales paid without a mortgage.
Sales the MLS recorded closing over the trailing 12 months.
Half the homes that sold in this window closed above this, half below.
How this year's median sale price compares with the same 12 months a year earlier.
Active single-family houses in Madras from Oregon Data Share MLS. · updated Sep 14, 2026
Central Oregon
live MLS through Oregon Data Share, one row per city. The count and the median list price are active single-family listings. Days to pending is the median list-to-pending time of single-family homes that closed in the last 90 days · updated Sep 14, 2026
Common questions
The median sale price for a single-family home in Madras was $385,000 in August 2026. The median list price of the single-family homes for sale is $462,000 as of September 2026, based on a direct count of the active MLS listings.
There are 68 active single-family listings in Madras as of September 2026.
Madras has 5.8 months of supply, which is a balanced market. 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.
Single-family homes in Madras took a median of 61 days to go pending as of September 2026.
142 single-family homes sold in Madras over the past 12 months as of September 2026.
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Market reports
You are on the Madras housing market report. The live hub and Central Oregon region report are separate pages.
Tumalo has no published active single-family count.
Madras · Every property type
Across every property type the MLS closed here: houses, condos, land, commercial. The figures above cover detached homes only.
Conventional leads at 33.8% of closed sales.
An ordinary mortgage from a bank or credit union, with no government backing.
A loan insured by the Federal Housing Administration, usually a smaller down payment.
Paid outright, with no lender and no appraisal contingency to clear.
A loan backed by the Department of Veterans Affairs, for buyers who have served.
A rural-development loan backed by the Department of Agriculture.
closed MLS sales through Oregon Data Share, every property type, Madras, rolling 365 days, 195 sales with a recorded financing method, normalised (a dual-format feed field; VA is word-boundary matched)