Madras Market Report

$451,341

AVERAGE PRICE OF 69 HOMES

$1,340,000

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$507,741

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$451,500

AVERAGE PRICE OF 2 HOMES WITH A POOL

$464,600

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $451,341
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.12 baths

Average Price by Bedrooms

1 bedroom $179,900
2 bedrooms $268,112
3 bedrooms $448,139
4 bedrooms $575,109
5 bedrooms $599,900
Madras Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 65 77 74 73 72
Average Price $426,991 $430,272 $427,067 $446,418 $447,047
Avg Price Change -0.77% +0.75% -4.53% -0.14% +0.71%
Median Price $404,997 $401,113 $380,009 $387,272 $384,025
Med Price Change +0.97% +5.55% -1.91% +0.85% -3.07%
Avg Bedrooms 3.08 beds 3.2 beds 3.19 beds 3.26 beds 3.28 beds
Avg Bathrooms 2.1 baths 2.14 baths 2.1 baths 2.13 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Madras High 56 $448,860 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 69 $451,341 106 days
Multi-Million Dollar Homes 2 $1,340,000 23 days
Newly Built Homes 27 $507,741 88 days
Homes with a Pool 2 $451,500 68 days
Reduced Price Homes 3 $464,600 57 days
Keller Williams Realty Central Oregon
233 SW Wilson Avenue, #102
Bend, OR 97702
639 SW Highland Avenue
Redmond, OR 97756

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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