Madras Housing Market Guide
A practical guide for buying and selling in Madras, grounded in current pricing, inventory, and pace of sale.
Madras remains one of Central Oregon's most competitive markets. This guide is based on local listing and sold data from June 2026 and is designed to help buyers and sellers make practical decisions.
Market snapshot
- Median sale price: $366,000
- Median days on market: 30 days
- Closed sales in period: 8
What buyers should do now
In Madras, homes that are priced correctly still move quickly in the most active ranges. Buyers should lock financing early, track new inventory daily, and write offers that match current demand in the exact neighborhood they target.
What sellers should do now
Sellers in Madras should focus on launch quality and realistic pricing. Strong photography, clean presentation, and pre-listing prep continue to improve first-week momentum and reduce later price adjustments.
Neighborhood planning checklist
Before deciding where to buy, compare commute patterns, lot sizes, HOA rules, and resale liquidity between neighborhoods. In Madras, those differences can materially change both monthly costs and long-term flexibility.