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Madras, OR Homes for Sale under $400,000

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  • /27

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,863 Sq Ft

    433 SE 9th St, Madras, OR 97741

    Excellent Investment Opportunity - 433 & 435 SE 9th St Madras. Two Homes on One Property! This income-producing property features two separate homes on one lot (not a duplex). The larger residence offers 1,376 sq. ft. with 2 bedrooms and 1 bathroom, while the smaller home includes 487 sq. ft. with 1 bedroom and 1 bathroom. Both homes have updated electrical, HVAC, Roof, and plumbing systems and 3

    Agent Photo

    E Lamar Yoder

    eXp Realty, LLC

    (458) 254-3065

    433 SE 9th St, Madras, OR 97741
  • /20

    $350,000

    • Land
    • 2.51 Acres
    • $139,442 per Acre

    0 SW Fairgrounds Rd Unit Lot 00200, Madras, OR 97741

    Prime Development Opportunity - 2.5 Acres Zoned R1. This is a rare opportunity to acquire 2.5 acres of flat, build-ready land in an exceptional location—directly across from the Jefferson County Fairgrounds. Zoned R1, this property has the potential to be subdivided into as many as 20 single family lots (buyer to verify with the City of Madras). Sewer has already been installed throughout the

    Agent Photo

    E Lamar Yoder

    eXp Realty, LLC

    (458) 241-6325

    0 SW Fairgrounds Rd Unit Lot 00200, Madras, OR 97741
  • /27

    $374,900

    • 3 Beds
    • 1 Bath
    • 1,578 Sq Ft

    2355 NE Market St, Madras, OR 97741

    Don’t miss this well maintained property in the heart of Central Oregon's grasslands. Situated in the fertile valley floor, this updated home sits on a 1/2 acre + parcel in the center of historic Gateway. Just 4 miles from the Trout Creek Rec Area – bird hunting paradise! The home, shop and well appointed garden areas create an inviting family homestead, just 11 miles from downtown Madras. The

    Agent Photo

    Holly Cole

    Keller Williams Realty Central Oregon

    (458) 302-2668

    2355 NE Market St, Madras, OR 97741
  • /34

    $369,900

    • 3 Beds
    • 2 Baths
    • 1,259 Sq Ft

    717 SE Cross Ln, Madras, OR 97741

    $10,000.00 concession for closing costs, prepaids and buy downs. ALSO a one year warranty. This is a solid house! Move in ready, Immaculate home. Nearly everything in this home is new. The front of this home has beautiful stone decor. New front door.All new kitchen appliances, new paint though out inside as well as the outside. New flooring throughout. Peek-a boo view of the Cascade

    Beverly Griffin eXp Realty, LLC

    717 SE Cross Ln, Madras, OR 97741
  • /31

    $310,000

    • 3 Beds
    • 2 Baths
    • 1,444 Sq Ft

    730 SE Turner St, Madras, OR 97741

    3 bedroom 2 bathroom 1444 sqft home in Madras! This home features some hardwood floors, newer outside paint, a gas fireplace, tile shower, and a wrap around deck! The back yard is fenced and there is a storage shed for your outdoor equipment or toys, and room for an RV on the side!

    Jeremy Grover Homestead Realty LLC

    730 SE Turner St, Madras, OR 97741
  • /49

    $329,900

    • 3 Beds
    • 2 Baths
    • 827 Sq Ft

    811 SW Madison St, Madras, OR 97741

    Two Homes + Shop on .27 Acre Corner Lot w/ Mt. Jefferson Peek a Boo View - Income & ADU Potential.Discover a rare Madras property w/versatility, charm, & room to grow. The main 827 sq ft 2 BDRM, 1 BTH home is move in ready w/an updated kitchen & bath, fresh paint, new plumbing, & most windows replaced. Comfortable & inviting, it is ready for everyday living. The yard is a Central Oregon haven

    Ali Stensgar-Alire Signet Realty

    811 SW Madison St, Madras, OR 97741
  • /38

    $359,900

    • 3 Beds
    • 2 Baths
    • 1,548 Sq Ft

    306 SE 8th St, Madras, OR 97741

    Charming and well-maintained 3 bedroom, 2 bathroom home featuring a beautiful open floor plan that creates a bright and inviting living space. The spacious layout seamlessly connects the living, dining, and kitchen areas--perfect for both everyday living and entertaining. Enjoy large windows that bring in natural light, a cozy living area, and a functional kitchen with ample storage and

    Kylie Steiner Realty One Group Discovery

    306 SE 8th St, Madras, OR 97741
  • /26

    $346,900

    • 3 Beds
    • 2 Baths
    • 1,319 Sq Ft

    963 SE Maliah Ave, Madras, OR 97741

    Better than New and priced to move! Come and see this beautifully maintained 3-bed, 2-bath open concept home that is thoughtfully designed for the owners comfort andpleasure. This home is perfect for entertaining and it features a spacious living area, granite countertops, stainless steel appliances, and a kitchen island with seating.The large pantry with custom shelving adds extra

    Allison Downing Dreams Realty Group, LLC

    963 SE Maliah Ave, Madras, OR 97741
  • /17

    $310,000

    • 5 Beds
    • 4 Baths
    • 2,715 Sq Ft

    397 SE 6th St, Madras, OR 97741

    Rare opportunity! This unique detached duplex features two separate manufactured homes on one tax lot. The front home offers 3 bedrooms, 2 baths, and approximately 1,782 sq ft, plus detached garage and generous living space. The back home (tan in color) includes 2 bedrooms plus an office/den, 2 baths, and approximately 933 sq ft with a newer storage shed, and newer interior finishes.Perfect

    Wendi Monroe-Kidwell Realty One Group Discovery

    397 SE 6th St, Madras, OR 97741
  • /36

    $329,900

    • 4 Beds
    • 2 Baths
    • 1,916 Sq Ft

    583 SE Ponderosa Dr, Madras, OR 97741

    Recently painted inside and out and truly move-in ready, this 4-bedroom, 2-bathroom home in The Pines offers 1,916 sq ft of comfortable living space right in town. Built in 2006, the home features a functional layout with spacious bedrooms, generous living areas, and plenty of natural light throughout. Enjoy the convenience of a two-car garage and a fully fenced backyard with room for pets, play,

    Mackenzie Licea Coldwell Banker Sun Country

    583 SE Ponderosa Dr, Madras, OR 97741
  • /46

    $353,500

    • 4 Beds
    • 2 Baths
    • 1,916 Sq Ft

    537 SE Ponderosa Dr, Madras, OR 97741

    PRICED TO SELL!!! Spacious, fully remodeled home in Madras, Oregon. This large residence has been completely updated throughout the interior, offering modern finishes, refreshed living spaces, and a truly move-in ready home. NEW ROOF(summer of 2025), NEW PAINT interior and exterior, NEW FLOORING, NEW APPLIANCES, ALL NEW COUNTERTOPS, NEW SINKS...this home is a MUST SEE. Open floor plan making this

    Brenda Wicks Central Oregon Real Estate Pro

    537 SE Ponderosa Dr, Madras, OR 97741
  • /26

    $359,000

    • 2 Beds
    • 1 Bath
    • 1,216 Sq Ft

    22 SE Hoff Ln, Madras, OR 97741

    Built in 2018, this lightly lived-in, wheelchair accessible home is move-in ready! Featuring 2 bedrooms and 1 bath, it offers an open-concept design with wood-look tile floors, wide doorways, and stylish finishes throughout. The kitchen is complete with granite countertops, stainless steel appliances, and a spacious island ideal for gatherings. The bathroom includes a beautiful walk-in tile

    Wendi Monroe-Kidwell Realty One Group Discovery

    22 SE Hoff Ln, Madras, OR 97741
  • /21

    $363,000

    • 5 Beds
    • 2 Baths
    • 1,883 Sq Ft

    485 SE Ponderosa Dr, Madras, OR 97741

    Come discover this adorable small community in the heart of Madras minutes from Town.This house has so much charm with five bedrooms, large great room, gas fire place for those cold winter nights. Also includes outdoor storage shed, fully fenced backyard to enjoy the privacy of your own hot tub. Home offers Nest System through out and solar system huge with saving to the next owners.

    Brenda Anderson Stellar Realty Northwest

    485 SE Ponderosa Dr, Madras, OR 97741
  • /28

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,704 Sq Ft

    532 SE Ponderosa Dr, Madras, OR 97741

    This recently updated, single-level home is ideally located close to public schools, shopping, and downtown Madras. Well maintained and truly turn-key, the home features new LVP flooring throughout and vaulted ceilings in the great room and kitchen, giving a bright and open feel. The extremely spacious kitchen offers plenty of room to cook, gather, and entertain. There is a large front yard and

    Joey Morgan eXp Realty, LLC

    532 SE Ponderosa Dr, Madras, OR 97741
  • /40

    $305,000

    • 3 Beds
    • 1 Bath
    • 1,042 Sq Ft

    286 SE D St, Madras, OR 97741

    Home is getting a brand new natural gas tankless water heater installed prior to closing. Nice stick built home in Madras. This three bedroom, one bathroom home sits on a large corner lot right across the street from the Madras Elementary School. It has been well maintained, with a nicely updated kitchen, featuring quartz counters, farm sink, tile backsplash and updated appliances. Nice laminate

    Michael Boynton Coldwell Banker Sun Country

    286 SE D St, Madras, OR 97741
  • /24

    $384,999

    • 3 Beds
    • 2 Baths
    • 1,249 Sq Ft

    262 NW Par Ave, Madras, OR 97741

    Situated in the community driven neighborhood of Willowbrook, you'll find this home that has been well maintained and is ready for its next chapter. The open concept and vaulted ceilings, provide comfort and practicality. Enjoy the quartz countertops throughout the home. The two car garage has ample space for your projects or belongings. In your free time you'll enjoy watching the local airshow

    Josh Milhollin Keller Williams Realty Central Oregon

    262 NW Par Ave, Madras, OR 97741
  • /3

    $375,000

    • Land
    • 2.29 Acres
    • $163,755 per Acre

    401 NE 6th St, Madras, OR 97741

    Fantastic commercial lot. 2.29 acres across from one of the busiest McDonald's in the Northwest. Highway 97 Frontage with highway access. Open to most commercial ideas. You are in the Madras Urban Development boundaries, and there are opportunities for grants and loans. Don't miss out and join the great growth of Madras. Seller would consider build to suit.

    Michael Ahern eXp Realty, LLC

    401 NE 6th St, Madras, OR 97741
  • /37

    $339,900

    • 3 Beds
    • 2 Baths
    • 1,564 Sq Ft

    499 SE 8th St, Madras, OR 97741

    Welcome home to this charming and affordable 3-bedroom, 2-bath home offering 1,564 sq ft of comfortable living space in a well-kept neighborhood. You'll love the location, close to parks, schools, & shopping -perfect for first-time homebuyers or anyone looking for value and convenience. Inside, enjoy a beautifully updated kitchen with warm pine cabinets, stainless steel appliances & tile

    Ali Stensgar-Alire Signet Realty

    499 SE 8th St, Madras, OR 97741
  • /21

    $385,000

    • 3 Beds
    • 2.5 Baths
    • 2,052 Sq Ft

    630 NE Bean Dr, Madras, OR 97741

    Welcome to 630 NE Bean Drive, a spacious and versatile home in a quiet Madras neighborhood near Juniper Hills Park. This 3 bedroom, 2 bath home offers 2,052 square feet of living space on a generous 0.55 acre lot. A standout feature is the two separate living areas, providing flexibility for a family room, formal living space, media room, or home office. The bay window brings in natural light and

    Imer Gutierrez Dreams Realty Group, LLC

    630 NE Bean Dr, Madras, OR 97741
  • /39

    $367,500

    • 3 Beds
    • 2 Baths
    • 1,232 Sq Ft

    639 SE 10th St, Madras, OR 97741

    Nestled on a spacious 0.33-acre lot on the ridge, this well-maintained home offers a rare blend of privacy and convenience in the heart of Madras. Enjoy a newly paved road and a tucked-back driveway that creates a feeling of seclusion. The inviting covered front porch welcomes you into an open great room concept, ideal for gatherings. Featuring 3 bedrooms and 2 bathrooms, including a large

    Ali Stensgar-Alire Signet Realty

    639 SE 10th St, Madras, OR 97741
  • /40

    $399,900

    • 3 Beds
    • 2.5 Baths
    • 1,894 Sq Ft

    558 SW Cedar Hill Dr, Madras, OR 97741

    Perched on a hill with sweeping easterly views, this 1,894 sq. ft. custom home offers style, comfort, and thoughtful design. Featuring 3 bdrms, 2.5 bths, separate living & family rooms, and a kitchen made for gathering—pantry, center island, breakfast bar, stainless appliances, and rich cabinetry. The family room invites you in with a cozy propane fireplace, built-ins, and soaring vaulted

    Ali Stensgar-Alire Signet Realty

    558 SW Cedar Hill Dr, Madras, OR 97741
  • /23

    $379,997 New Construction

    • 3 Beds
    • 2 Baths
    • 1,249 Sq Ft

    407 NW Monte Vista Ave, Madras, OR 97741

    At 1,249 square feet, the Camellia is an approachable home that gives buyers thoughtful design and comfortable living without extra complexity. The open kitchen and great room invite easy daily connection, while three bedrooms offer room for rest, guests, or a small office. With its efficient layout and manageable footprint, the Camellia keeps everyday life feeling simple and purposeful. Designed

    MonteVista Homes Builder
    407 NW Monte Vista Ave, Madras, OR 97741
  • /11

    $374,950 New Construction

    • 3 Beds
    • 2 Baths
    • 1,512 Sq Ft

    639 NE Arnold St Unit 173, Madras, OR 97741

    Welcome to Sagebrook Estates! This thoughtfully designed home features a spacious great room layout. Enjoy modern living with LVP flooring, plush carpet, and abundant natural light. The open-concept kitchen is equipped with quartz countertops, stainless steel appliances, and ample storage. Stay comfortable year-round with a ductless heating/cooling system and enjoy endless hot water from the

    Megan Curtis Windermere Realty Trust

    639 NE Arnold St Unit 173, Madras, OR 97741
  • /13

    $348,950 New Construction

    • 4 Beds
    • 2 Baths
    • 1,416 Sq Ft

    604 NE Mitchell St Unit 169, Madras, OR 97741

    *** Seller credit of $5000 with accepted offer*** Welcome to Sagebrook Estates! This thoughtfully designed home features a spacious great room layout, offering modern living with LVP flooring, plush carpet, and abundant natural light. The open-concept kitchen is equipped with quartz countertops, stainless steel appliances, and ample storage. Stay comfortable year-round with the ductless heating

    Megan Curtis Windermere Realty Trust

    604 NE Mitchell St Unit 169, Madras, OR 97741
  • /16

    $329,950 New Construction

    • 3 Beds
    • 2 Baths
    • 1,074 Sq Ft

    554 NE Mitchell St Unit 172, Madras, OR 97741

    Welcome to Sagebrook Estates! This thoughtfully designed home features a spacious great room layout. Enjoy modern living with LVP flooring, plush carpet, and abundant natural light. The open-concept kitchen is equipped with quartz countertops, stainless steel appliances, and ample storage. Stay comfortable year-round with a ductless heating/cooling system and enjoy endless hot water from the

    Megan Curtis Windermere Realty Trust

    554 NE Mitchell St Unit 172, Madras, OR 97741
  • /14

    $339,950 New Construction

    • 3 Beds
    • 2 Baths
    • 1,258 Sq Ft

    588 NE Mitchell St Unit 170, Madras, OR 97741

    Welcome to Sage Brook Estates! This thoughtfully designed home features a spacious great room layout. Enjoy modern living with LVP flooring, plus Carpet, and abundant natural light. The open concept kitchen is equipped with quartz countertops, stainless steel appliances, and ample storage. Stay comfortable year-round with a ductless heating/cooling system and enjoy endless hot water from the

    Megan Curtis Windermere Realty Trust

    588 NE Mitchell St Unit 170, Madras, OR 97741
  • /18

    $347,950 New Construction

    • 4 Beds
    • 2 Baths
    • 1,416 Sq Ft

    603 NE Arnold St Unit 175, Madras, OR 97741

    *** $7500 seller credit with accepted offer*** + 2% Lender Credit Offered for a Limited Time!*** Welcome to Sagebrook Estates! This thoughtfully designed single-level home features a spacious great room layout filled with natural light. Modern finishes include LVP flooring, plush carpet, and a stylish kitchen with quartz countertops, stainless steel appliances, and generous storage. Enjoy

    Megan Curtis Windermere Realty Trust

    603 NE Arnold St Unit 175, Madras, OR 97741
  • /17

    $344,950 New Construction

    • 4 Beds
    • 2 Baths
    • 1,416 Sq Ft

    702 NE Rickenbacker Rd Unit 138, Madras, OR 97741

    *** Seller offering $10,000 credit with accepted offer!! 2% Lender Credit Offered for a Limited Time!Welcome to Sagebrook Estates! This thoughtfully designed single-level home features 4 bedrooms, 2 bathrooms, and a spacious great room layout filled with natural light. Modern finishes include LVP flooring, plush carpet, and a stylish kitchen with quartz countertops, stainless steel

    Megan Curtis Windermere Realty Trust

    702 NE Rickenbacker Rd Unit 138, Madras, OR 97741
  • /17

    $349,950 Open Fri 11AM - 2PM

    • 4 Beds
    • 2 Baths
    • 1,416 Sq Ft

    590 NE Arnold St Unit 183, Madras, OR 97741

    *** Seller offering $7,500 seller credit*** 2% Lender Credit Offered for a Limited Time! Welcome to Sagebrook Estates! This thoughtfully designed single-level home features 4 bedrooms, 2 bathrooms, and a spacious great room layout filled with natural light. Modern finishes include LVP flooring, plush carpet, and a stylish kitchen with quartz countertops, stainless steel appliances, and generous

    Megan Curtis Windermere Realty Trust

    590 NE Arnold St Unit 183, Madras, OR 97741
  • /9

    $374,997 New Construction

    • 3 Beds
    • 2 Baths
    • 1,249 Sq Ft

    Camellia Premier Plan at Willowbrook, Madras, OR 97741

    At 1,249 square feet, the Camellia is an approachable home that gives buyers thoughtful design and comfortable living without extra complexity. The open kitchen and great room invite easy daily connection, while three bedrooms offer room for rest, guests, or a small office. With its efficient layout and manageable footprint, the Camellia keeps everyday life feeling simple and purposeful. Designed

    MonteVista Homes Builder
    465 NW Monte Vista Ave Unit 36445829, Madras, OR 97741
  • /3

    $399,997 New Construction

    • 3 Beds
    • 2 Baths
    • 1,702 Sq Ft

    Aspen Premier Plan at Willowbrook, Madras, OR 97741

    The Aspen blends thoughtful design with everyday livability in 1,702 square feet that feels both spacious and comfortable. An open kitchen and great room naturally bring people together around meals, homework, or quiet evenings by the fireplace. The spacious primary suite offers a private place to unwind at the end of the day. Two additional bedrooms provide flexibility for guests or work, and

    MonteVista Homes Builder
    465 NW Monte Vista Ave Unit 36465810, Madras, OR 97741
  • /24

    $399,997 New Construction

    • 3 Beds
    • 2 Baths
    • 1,553 Sq Ft

    Sycamore Premier Plan at Willowbrook, Madras, OR 97741

    The Sycamore delivers comfortable single-level living in a 1,553-square-foot, easy-to-maintain footprint. An open kitchen flows into the dining area and great room, creating a warm central space for gathering and everyday routines. The primary suite sits quietly at the back of the home, while two additional bedrooms offer flexibility for guests, work, or hobbies. With its inviting front porch,

    MonteVista Homes Builder
    465 NW Monte Vista Ave Unit 36456557, Madras, OR 97741
  • /21

    $384,997 New Construction

    • 3 Beds
    • 2 Baths
    • 1,488 Sq Ft

    McKenzie Premier Plan at Willowbrook, Madras, OR 97741

    The McKenzie is a compact, well-designed home that makes the most of it’s 1,488 square feet. A sizeable kitchen opens into the great room to create a connected, welcoming space for everyday living. Three bedrooms and two baths offer comfortable areas for rest, guests, or quiet routines, all within an easy-to-maintain footprint. With its practical layout and warm, approachable feel, the McKenzie

    MonteVista Homes Builder
    465 NW Monte Vista Ave Unit 36490780, Madras, OR 97741
  • /2

    $379,997 New Construction

    • 3 Beds
    • 2 Baths
    • 1,249 Sq Ft

    407 NW Monte Vista Ave Unit 123, Madras, OR 97741

    Welcome to the Camellia floor plan, built by award winning builder, MonteVista Homes! This home offers a beautiful open floor plan with easy flow through the kitchen, dining and living rooms. Complete with 3 bedrooms and 2 bathrooms within 1249 SF. Enjoy the quartz countertops in the kitchen and bathrooms, vaulted ceiling, 2 car attached garage.

    Glynis Hatchell Pacwest Realty Group

    407 NW Monte Vista Ave Unit 123, Madras, OR 97741

Home Trends in Madras, OR

Housing Trends

Median Sale Price
$375,000
Median Single Family Sale Price
$389,900
Median Townhouse Sale Price
$280,900
Average Price Per Sq Ft
$246
Number of Homes for Sale
95
Last 12 months Home Sales
203
Months of Supply
5.60
Median List Price
$399,500
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
6%
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