Housing Prices in Madras, OR

How much do homes in Madras, OR cost?

Median List Price

$439,990

$238/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$67,540(+18.1%)

Key Takeaway

The list price of homes in Madras has increased by 18.1% since last year.

Summary: The median home list price in Madras was $439,990 in November 2024, up 18.1% from the previous year, and the median price per square foot was $238.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $780K$424K
-45.6%
3 $360K$379K
+5.3%
4 $459.8K$526.9K
+14.6%
5+ --
N/A

Summary: Madras housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 45.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 14.6%, 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

Oct 2024Nov 2024CHANGE
810+25.0%

Summary: The Madras real estate market had 10 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 56
+20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Madras housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, 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

Nov 2023Nov 2024CHANGE
165 Days136 Days-17.3%

Summary: Homes in Madras had an average listing age of 136 days in Nov 2024, down by 17.3% 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

Newest Listings in Madras, OR

Nearby Markets to Madras, OR