Housing Prices in Madras, OR

How much do homes in Madras, OR cost?

Median List Price

$421,034

$227/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$48,584(+13.0%)

Key Takeaway

The list price of homes in Madras has increased by 13% since last year.

Summary: The median home list price in Madras was $421,034 in October 2024, up 13% from the previous year, and the median price per square foot was $227.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $780K$780K
0.0%
3 $360K$379K
+5.3%
4 $459.8K$510.4K
+11.0%
5+ --
N/A

Summary: Madras housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11%, and 5+ bedroom homes did not change.

Housing Supply in Madras, OR

How many homes are available in Madras, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
69+50.0%

Summary: The Madras real estate market had 9 homes for sale in October 2024, a 50.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 46
+50.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Madras housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Madras, OR

How long does it take to sell a home in Madras, OR?

Average Listing Age

Oct 2023Oct 2024CHANGE
147 Days124 Days-15.7%

Summary: Homes in Madras had an average listing age of 124 days in Oct 2024, down by 15.7% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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MLS Disclaimers and Copyright

Based on information from Regional Multiple Listing Service for the period 11/01/2022 - 11/01/2024

IDXThe content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 8:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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