Madras Market Report

$424,410

AVERAGE PRICE OF 78 HOMES

$1,499,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$424,492

AVERAGE PRICE OF 27 NEWLY BUILT HOMES

$559,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$330,949

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $424,410
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $149,900
2 bedrooms $272,314
3 bedrooms $393,952
4 bedrooms $544,909
5 bedrooms $594,966
Madras Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 74 73 72 74 72
Average Price $427,067 $446,418 $447,047 $443,886 $435,162
Avg Price Change -4.53% -0.14% +0.71% +2.00% -0.66%
Median Price $380,009 $387,272 $384,025 $395,810 $392,619
Med Price Change -1.91% +0.85% -3.07% +0.81% +0.01%
Avg Bedrooms 3.19 beds 3.26 beds 3.28 beds 3.23 beds 3.11 beds
Avg Bathrooms 2.1 baths 2.13 baths 2.11 baths 2.14 baths 2.13 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Check With District 11 $397,472 82 days
Madras High 67 $428,832 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 78 $424,410 87 days
Multi-Million Dollar Homes 1 $1,499,000 451 days
Newly Built Homes 27 $424,492 70 days
Homes with a Pool 1 $559,000 30 days
Reduced Price Homes 4 $330,949 77 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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