Photo: Tedder · CC BY 3.0140 homes sold in Madras in the last year, at a typical $355K
Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Madras homes are listed.
Every place Madras homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Madras.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Madras’ sales, at a typical — (year to May 2026)
140 homes sold in the year to September 2026.
More homes sell than most years, at 2.6 times the 2016 price
140 sales in the last year, against 180 in 2022 and a low of 62 in 2013. The typical sale went from $138K in 2016 to $355K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Madras are more common than before the pandemic, and more homes are for sale
We read every month of Madras’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 140 sales.
If you’re buying in Madras
- Shop in July. It brings about 16 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
- Bid near asking. Buyers paid 100.1% of the list price on average; 32% paid over.
- You’ll usually have time. Only 18% of homes go under contract within two weeks; the typical one takes 71 days.
Summer brings the homes; spring brings the bidding wars
August has the most new listings (about 16 a month), but May is the most competitive: 28% of May sales close over asking. June and July offer nearly as much choice with fewer homes bid up (28%). March has the least competition (19%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Oregon
| Madras now | 2017–19 | 2021 peak | OR now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 32% | 21% | 36% | 23% |
| Gone within two weeksShare of homes under contract within 14 days | 18% | 30% | 40% | 31% |
| Price paid vs. askingAverage sale price ÷ list price | 100.1% | 98.4% | 99.9% | 98.7% |
| Days to sellMedian days from listing to contract | 71 | 37 | 26 | 49 |
58 homes for sale on a typical day
That’s 2.4 times the 2018 low (24) and 112% more than in 2017–19.
Madras ranks 15th of 116 busy Oregon markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Madras is one of the state’s hottest markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Madras home costs about $2,081 a month
Price: Madras’ typical sale, last 12 months. Property tax at Madras’ 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Madras is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 10.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $355K home, about $2,750 a year.
Taxes vs. neighborsSchools
The schools grade for Madras, from test results, graduation and how much students grow.
Schools in MadrasCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Crooked River Ranch for far more
The busier markets within 25 miles of Madras, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Madras | 140 | $355K | $248 | 32% | 71 |
| Crooked River Ranch | 49 | $569K | $345 | 12% | 93 |
| Culver | 20 | $394K | $261 | 7% | 87 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Madras, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Madras. People who follow the town see it, and so do people comparing Madras with their own town. No commission, no listing fee.
Questions about buying a home in Madras
What do homes sell for in Madras, OR?
140 homes sold in the year to September 2026 at a typical $355K, $248 a square foot.
Is Madras a buyer’s or seller’s market?
A seller’s market: 48 homes were for sale in September 2026 and 13 sold, about 3.6 months of supply. Buyers paid 100.1% of asking on average.
When is the best time to buy in Madras?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Madras?
About 0.8% of a home’s value a year. On a $355K home that’s near $2,750.
Where can I see homes for sale in Madras?
Zillow, Redfin, Realtor.com and Homes.com all carry Madras’ MLS listings; the search links above open each one filtered to Madras.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).