$304,000
- 3 Beds
- 2 Baths
- 1,863 Sq Ft
433 SE 9th St, Madras, OR 97741
E Lamar Yoder
eXp Realty, LLC
(458) 254-3065
$304,000
433 SE 9th St, Madras, OR 97741
E Lamar Yoder
eXp Realty, LLC
(458) 254-3065
$324,900
397 SE 6th St Unit A, Madras, OR 97741
Ali Stensgar-Alire Signet Realty
Madras, Oregon, is a small city known for its rural landscape and urban amenities, offering panoramic mountain views and a strong sense of community. Located about 15 miles from the Warm Springs Indian Reservation, Madras is culturally diverse and connected. Housing options range from mid-century single-story homes and cottages to contemporary single-family homes with vinyl exteriors and front porch posts. Manufactured home communities like Greenspot Mobile Home Park provide affordable living options. The city features numerous parks and green spaces, including Juniper Hills Park and Sahalee Park, connected by the Willow Creek Trail system. The Madras Aquatics Center offers indoor swimming facilities, while the nearby Cove Palisades State Park provides outdoor recreation with swim beaches, boat launches, and campgrounds. Downtown Madras is the commercial hub, with shops, restaurants, and entertainment venues like the Madras Performing Arts Center and Erickson Aircraft Collection. The Jefferson County Fairgrounds hosts annual events such as the Jefferson County Fair & Rodeo. Madras is served by the Jefferson County School District, with schools offering various educational programs. The city is pedestrian- and cyclist-friendly, with public transportation provided by Cascades East Transit. Madras Municipal Airport and Redmond Municipal Airport offer aviation services and commercial flights. Attractions in the area include the Warm Springs Reservation, featuring Indian Head Casino and Kah-Nee-Ta Hot Springs Resort. Madras has a lower crime risk compared to the national average, making it a safer place to live.
The median home sale price in Madras, OR is $378,998, up 6% year-over-year. Homes in Madras sell in 71 days on average, compared to the national average of 58 days.
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Median Sale Price
$378,998
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Median Single Family Sale Price
$395,000
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Median 2 Bedroom Sale Price
$274,900
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Median 1 Bedroom Sale Price
$200,000
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Average Price Per Sq Ft
$248
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Number of Homes for Sale
93
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Last 12 months Home Sales
192
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Months of Supply
5.80
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Median List Price
$399,997
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Median Change From 1st List Price
1%
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Median Home Sale Price YoY Change
6%
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In Madras, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $304,000 to $439,900, there's a range to accomodate every budget. As of June, 2026 the median home price in Madras is $399,997, while the average sale price is $375,674, offering insights into the local housing market. On average, multi-family homes spend 71 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Madras, OR.