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MADRAS, OR 97741

Real Estate Market Report  ·  Jefferson County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The MADRAS, OR real estate market (97741) currently shows 145 active listings, with 40 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 53 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 62 days last year.

The median listing price has fallen 4% year-over-year, from $417,000 to $400,200.

Whether you are buying or selling in MADRAS, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 13,390  ·  Density: 14.2/mi²  ·  Median household income: $63,474

Typical home value: $285,737  ·  Homeownership: 62.8%

Market Overview

Active Listings
145
⇧ 57.6% vs 92 last year
Pending
40
28% pending ratio
Median Price
$400,200
⇩ 4% vs $417,000 last year
Average Price
$469,658
⇩ 5.8% vs $498,674 last year
Days on Market
68
⇧ 9.7% vs 62 days last year

Price Per Square Foot

Median $/sqft
$263
⇧ 5.2% vs $250/sqft last year
Median Home Size
1,655 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 145 this year vs 92 last year
  • Days on market: 68 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $400,200 (-4% YoY)
  • Average: $469,658 (-5.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 59.8 miles — 504 listings ($432,014,637 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97741Madras, OR 977410.0 mi101$48,564,840$419,000$480,840
97760Terrebonne, OR 9776021.0 mi47$51,691,117$714,970$1,099,811
97037Maupin, OR 9703728.2 mi9$3,516,696$380,975$390,744
97730Camp Sherman, OR 9773031.1 mi6$3,548,940$269,000$591,490
97063Tygh Valley, OR 9706340.8 mi6$3,345,000$452,000$557,500
97342Detroit, OR 9734244.6 mi2$1,044,500$522,250$522,250
97350Idanha, OR 9735045.2 mi2$558,900$279,450$279,450
97029Grass Valley, OR 9702945.7 mi1$119,900$119,900$119,900
97702Bend, OR 9770247.3 mi300$293,503,200$724,950$978,344
97021Dufur, OR 9702150.8 mi6$2,803,488$453,248$467,248
97028Government Camp, OR 9702855.3 mi15$14,152,725$874,900$943,515
97041Mount Hood Parkdale, OR 9704158.9 mi7$8,745,331$1,025,000$1,249,333
97039Moro, OR 9703959.8 mi2$420,000$210,000$210,000

Frequently Asked Questions

How many homes are for sale in MADRAS, OR 97741?

As of March 2026, there are 145 active listings in MADRAS, OR (zip code 97741), compared to 92 the prior year.

What is the median home price in MADRAS, OR 97741?

The median listing price in MADRAS, OR 97741 is $400,200 as of March 2026, a 4% decrease from $417,000 the prior year.

How long do homes stay on the market in MADRAS, OR?

Homes in MADRAS, OR 97741 spend an average of 68 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in MADRAS, OR 97741?

Based on current inventory and days-on-market data as of March 2026, MADRAS, OR 97741 is currently a Buyer's Market. Inventory has increased compared to last year, with 53 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 62 days last year.

How much can I save on real estate commission in MADRAS, OR?

With SELL123.com's maximum 3% commission, sellers in MADRAS, OR 97741 save an estimated $8,004 compared to a typical 5% commission on the median listing price of $400,200. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.