Madras, OR Homes for Sale under $300,000

/15
$299,000

$100K PRICE DROP
- Land
- 1.15 Acres
- $260,000 per Acre
00504 Hwy 97 and 26 (South Madras), Madras, OR 97741

Awesome Commercial Investment Opportunity!!Located on HWY 97 and 26, between the Dollar General and Abby's Pizza, and across the street from the Dollar Tree and in The Madras Urban Renewal Zone. This property presents an array of options for any Entrepreneur or Investor. Retail, professional. Restaurant, Single or Multi-Tenant project or ???? Property access is off of Brush ln. Contact City

E Lamar Yoder

eXp Realty, LLC

(458) 217-8725

00504 Hwy 97 and 26 (South Madras), Madras, OR 97741
/15
$299,000
- Land
- 1.15 Acres
- $260,000 per Acre
00504 NE Us Highway 97, Madras, OR 97741

AWESOME COMMERCIAL INVESTMENT OPPORTUNITY !!!!Located on HWY 97 and 26, between the Dollar General and Abby's Pizza, and across the street from the Dollar Tree. This property presents an array of options for any Entrepreneur or Investor. Retail, Professional, Resturant, Single or Multi-Tenant project, or ??? Property access is off of Brush ln. Contact City of Madras and DOT concerning access off

E Lamar Yoder

eXp Realty, LLC

(458) 232-1969

00504 NE Us Highway 97, Madras, OR 97741
/18
$295,000

$5K PRICE DROP
- Land
- 1.93 Acres
- $152,850 per Acre
0 NE Polk St, Madras, OR 97741

Attention builders, developers, and investors! Now priced at $295,000, that's under $30K per lot for this 10-parcel development opportunity. Zoned R-2, the property supports single-family, multi-family, manufactured homes, and other high-density uses. Sewer has been extended to the street, with water and power available. Prime location within Madras city limits, close to the hospital, shopping,

Cyndi Robertson

Cascade Hasson SIR

(458) 232-3894

0 NE Polk St, Madras, OR 97741
/7
$249,000
- Land
- 1.04 Acres
- $239,423 per Acre
0 SE J St Unit Parcel 2 220204811, Madras, OR 97741

Prime 1.04-acre Neighborhood Commercial (NC) lot in Madras, Oregon—ideal for retail, office, or mixed-use development in a growing residential corridor. Don't miss this rare opportunity to own over an acre of flat, buildable land with Neighborhood Commercial (NC) zoning in the heart of Madras, Oregon! This 1.04-acre parcel is perfectly situated for entrepreneurs, developers, or investors seeking

E Lamar Yoder

eXp Realty, LLC

(458) 215-6630

0 SE J St Unit Parcel 2 220204811, Madras, OR 97741
/27
$284,900

$10K PRICE DROP
- 3 Beds
- 1.5 Baths
- 1,116 Sq Ft
596 SW Madison St, Madras, OR 97741

Affordable single level opportunity under $300,000 in the heart of Madras. This 3 bedroom, 1.5 bath home offers 1,116 sq ft on a well positioned corner lot with extra room to make the most of your space. Inside features a recently remodeled kitchen with new countertops, new appliances, fresh interior paint, and all new flooring throughout. Partial exterior paint adds to the updated feel. Large

Ali Stensgar-Alire Signet Realty

596 SW Madison St, Madras, OR 97741
/27
$279,500

New Construction
- 2 Beds
- 2 Baths
- 1,019 Sq Ft
515 SE Polaris St, Madras, OR 97741

Discover affordable living in the desirable Willow Heights community, where thoughtfully designed townhomes offer exceptional value without compromising on scenery or style. Enjoy stunning western-facing views overlooking the valley and the Cascade Mountain range, creating the perfect backdrop for everyday living. These homes provide a low-maintenance lifestyle with modern finishes, functional

Michelle Baker Stellar Realty Northwest

515 SE Polaris St, Madras, OR 97741
/39
$298,900

New Construction Open Sun 12PM - 4PM $1K PRICE DROP
- 3 Beds
- 2.5 Baths
- 1,395 Sq Ft
900 SE Starview Ave, Madras, OR 97741

Limited-Time $10,000 Buyer Incentive!***Discover affordable living in the desirable Willow Heights community, where thoughtfully designed townhomes offer exceptional value without compromising on scenery or style. Enjoy stunning western-facing views overlooking the valley and the Cascade Mountain range, creating the perfect backdrop for everyday living. These homes provide a low-maintenance

Michelle Baker Stellar Realty Northwest

900 SE Starview Ave, Madras, OR 97741
/5
$225,000
- Land
- 1.4 Acres
- $160,714 per Acre
0 SW Hwy 97 Unit TL401, Madras, OR 97741

Rare opportunity! This 1.40 acre commercial parcel is zoned C-1 and offers prime development potential in a highly visible location in Madras, Oregon, just off Highway 97. Permitted uses include retail, restaurants, offices, and public facilities, providing flexibility for a wide range of projects. With it's versatile zoning and Central Oregon's continued growth, this parcel presents outstanding

Mackenzie Licea Coldwell Banker Sun Country

0 SW Hwy 97 Unit TL401, Madras, OR 97741
/16
$212,950

New Construction
- 2 Beds
- 2 Baths
- 1,188 Sq Ft
946 SE 10th St Unit 11, Madras, OR 97741

Beautiful 2-bedroom 2 bath home in brand new gated community located in Madras. Home features lots of windows for natural light, walk-in shower and Attached garage.

Rose Ancharski J and M Homes,LLC

946 SE 10th St Unit 11, Madras, OR 97741
/17
$269,000
- 3 Beds
- 2.5 Baths
- 1,760 Sq Ft
901 SE Kierra Place, Madras, OR 97741

Spacious and inviting home featuring an open-concept layout perfect for everyday living and entertaining. The bright kitchen offers ample cabinet space, a center island with seating, and flows seamlessly into the dining and living areas. Upstairs you'll find generously sized bedrooms, including a large primary suite with vaulted ceilings and plenty of room to unwind. Natural light fills the home

Wendi Monroe-Kidwell Cascade Hasson SIR

901 SE Kierra Place, Madras, OR 97741
/14
$299,500
- 3 Beds
- 1 Bath
- 1,308 Sq Ft
864 SW 3rd St, Madras, OR 97741

Possibility at the right price... Sturdy and well maintained SFR. Older but not shabby. Owner consistently remodeled and upgraded since purchasing. BIG LOT with plenty of room to add-on or add another unit. EZ highway access, close to health services and shopping, Seller may consider some transaction contributions.

Jeff Casserly Desert Sky Real Estate LLC

864 SW 3rd St, Madras, OR 97741
/25
$284,900

New Construction Open Sun 12PM - 4PM
- 2 Beds
- 2 Baths
- 1,019 Sq Ft
895 SE Starview Ave SE, Madras, OR 97741

Discover affordable living in the desirable Willow Heights community, where thoughtfully designed townhomes offer exceptional value without compromising on scenery or style. Enjoy stunning western-facing views overlooking the valley and the Cascade Mountain range, creating the perfect backdrop for everyday living. These homes provide a low-maintenance lifestyle with modern finishes, functional

Michelle Baker Stellar Realty Northwest

895 SE Starview Ave SE, Madras, OR 97741
/10
$269,000
- 3 Beds
- 2.5 Baths
- 1,760 Sq Ft
897 SE Kierra Place, Madras, OR 97741

Spacious and inviting home featuring an open-concept layout perfect for everyday living and entertaining. The bright kitchen offers ample cabinet space, a center island with seating, and flows seamlessly into the dining and living areas. Upstairs you'll find generously sized bedrooms, including a large primary suite with vaulted ceilings and plenty of room to unwind. Natural light fills the home

Wendi Monroe-Kidwell Cascade Hasson SIR

897 SE Kierra Place, Madras, OR 97741
/14
$225,000
- 2 Beds
- 1 Bath
- 574 Sq Ft
729 SE Grizzly Rd, Madras, OR 97741

Rare Opportunity in the Heart of Madras! Situated on a full acre within city limits, this charming 2-bedroom, 1-bath home offers unique potential for the savvy buyer or investor. The home features a dedicated laundry area, two storage buildings, and has been well loved over the years. Whether you're looking for a project home to make your own or exploring development possibilities, this property

Ali Stensgar-Alire Signet Realty

729 SE Grizzly Rd, Madras, OR 97741
/39
$297,900

New Construction Open Sun 12PM - 4PM $1K PRICE DROP
- 3 Beds
- 2.5 Baths
- 1,395 Sq Ft
904 SE Starview Ave, Madras, OR 97741

Limited-Time $10,000 Buyer Incentive! ***Discover affordable living in the desirable Willow Heights community, where thoughtfully designed townhomes offer exceptional value without compromising on scenery or style. Enjoy stunning western-facing views overlooking the valley and the Cascade Mountain range, creating the perfect backdrop for everyday living. These homes provide a low-maintenance

Michelle Baker Stellar Realty Northwest

904 SE Starview Ave, Madras, OR 97741
/3
$200,000

New Construction
- 2 Beds
- 2.5 Baths
- 1,152 Sq Ft
894 SE Aquila Dr, Madras, OR 97741

Brand new 2 bed, 2.5 bath home - move-in ready Spring 2026. New construction home by Thistle & Nest designed w/ comfort, quality, & energy efficiency in mind. Feat. incl. James Hardie siding, composition roof w/ lifetime warranty, & solar ready setup. Interior highlights incl. triple pane windows, upgraded insulation, high efficiency heat pump, & ERV fresh air recovery system. Equipped w/ Energy

Josue Ojeda Hernandez Coldwell Banker Sun Country

894 SE Aquila Dr, Madras, OR 97741
/34
$262,500

New Construction $12K PRICE DROP
- 2 Beds
- 2 Baths
- 1,050 Sq Ft
748 SW Madison St, Madras, OR 97741

Exceptional Value - Brand New 2-Bedroom, 2-Bath Home w/great finishes. Now is your chance to own a beautifully designed home at a fraction of the typical price. This 1,050 sq. ft. residence showcases quality craftsmanship, modern layout & a host of upgrades-making it an unbeatable opportunity for both first-time buyers & savvy investors. Step inside to a bright, open-concept living space that

Ali Stensgar-Alire Signet Realty

748 SW Madison St, Madras, OR 97741
/14
$205,000
- 3 Beds
- 2 Baths
- 1,026 Sq Ft
946 SE 10th St Unit 60, Madras, OR 97741

Welcome to Summer Place, Madras's newest gated 55+ manufactured home community, offering comfort, security, and low-maintenance living just minutes from downtown, medical services, shopping, and local dining. This brand-new 3-bedroom, 2-bath home features 1,023 sq ft of thoughtfully designed space with an open, functional floor plan ideal for full-time living or a seasonal retreat. Exterior

Juana Beede EXIT Realty Bend

946 SE 10th St Unit 60, Madras, OR 97741
/19
$254,900
- 3 Beds
- 2 Baths
- 1,092 Sq Ft
866 SE Kristin Way, Madras, OR 97741

Charming single-level living with comfort, efficiency, and strong upside. This 3-bedroom, 2-bath home offers a functional open layout with a spacious living area, abundant natural light, and an attached garage for everyday convenience. The kitchen features generous cabinetry and flows seamlessly into a cozy dining space--ideal for daily living or entertaining. Step outside to a manageable yard

Wendi Monroe-Kidwell Cascade Hasson SIR

866 SE Kristin Way, Madras, OR 97741
/28
$250,000

$50K PRICE DROP
- Land
- 2 Acres
- $125,000 per Acre
0 NE Cherry Ln Unit 220184894, Madras, OR 97741

The last 2 acre buildable lot left on NE Cherry Lane! With stunning Cascade views, end of the road privacy and wide open spaces surrounding. This location is a gem! Build your dream home, ADU, shop, garden and grounds on this level 2 acre parcel with water and electric located at the street and standard septic feasibility in place. From sun up to sun down, you'll breathe easy in this peaceful

Shannon Mathisen Knightsbridge International

0 NE Cherry Ln Unit 220184894, Madras, OR 97741
/2
$248,000
- Land
- 40,075 Sq Ft
- $269,565 per Acre
702 NE Highway 97, Madras, OR 97741

Perfect commercial lot in North Madras. Just North of Safeway and easy to access. Almost an acre of commercial property. Locate on one of the first commercial lots as you enter Madras.

Michael Ahern eXp Realty, LLC

702 NE Highway 97, Madras, OR 97741
/3
$275,000
- Land
- 18,295 Sq Ft
- $654,762 per Acre
0 NE Jefferson St Unit 5200, Madras, OR 97741

Outstanding lot on the corner of Hwy 26 and NE Jefferson. The lot is zoned commercial. Buyer to do due diligence regarding lot lines and zoning.

Kelly Hudkins-Loya Windermere Realty Trust

0 NE Jefferson St Unit 5200, Madras, OR 97741
/42
$280,900

New Construction Open Sun 12PM - 4PM
- 2 Beds
- 2 Baths
- 1,019 Sq Ft
511 SE Polaris St, Madras, OR 97741

Discover affordable living in the desirable Willow Heights community, where thoughtfully designed townhomes offer exceptional value without compromising on scenery or style. Enjoy stunning western-facing views overlooking the valley and the Cascade Mountain range, creating the perfect backdrop for everyday living. These homes provide a low-maintenance lifestyle with modern finishes, functional

Michelle Baker Stellar Realty Northwest

511 SE Polaris St, Madras, OR 97741
/22
$240,000

$12K PRICE DROP
- 3 Beds
- 2.5 Baths
- 1,490 Sq Ft
813 SE Kierra Place, Madras, OR 97741

Great starter home. Nice sized fenced yard, end unit with 3 bedrooms, and 2 full bathrooms upstairs, 1/2 bath downstairs. kitchen island, dining area. Loft upstairs is great flex space (office/exercise room).

Stacey Robbins HomeSmart Realty Group

813 SE Kierra Place, Madras, OR 97741

Oregon Jefferson County Madras

Home Trends in Madras, OR

On average, homes in Madras, OR sell after 71 days on the market compared to the national average of 58 days. The median sale price for homes in Madras, OR over the last 12 months is $379,997, up 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$379,997

Median Single Family Sale Price

$398,900

Median Townhouse Sale Price

$284,900

Average Price Per Sq Ft

$247

Number of Homes for Sale

Last 12 months Home Sales

191

Months of Supply

5.80

Median List Price

$400,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

Browse a range of homes for sale under $300,000 in Madras, offering accessible options for prospective buyers. With 24 listings available, there's a variety of affordable properties to explore, from charming starter homes to spacious family residences. These homes present an excellent opportunity to enter the housing market and secure a property that fits both your preferences and your budget in Madras, OR.

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