Deschutes Title Market Report

Madras, OR

Single-Family Homes

deschutestitle.com



Madras, OR

Sat Oct 24 2026
This week the median list price for Madras, OR is $455,000 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has decreased to 92. Click here to stay informed with the Madras market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Madras, OR

Sat Oct 24 2026
This week the median list price for Madras, OR is $455,000 with the market action index hovering around 26. This is less than last month's market action index of 27. Inventory has decreased to 92. Click here to stay informed with the Madras market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Madras market.
Median List Price $455,000
Median Price of New Listings $337,000
Per Square Foot $262
Average Days on Market 191
Median Days on Market 140
Price Decreased 42%
Price Increased 4%
Relisted 9%
Inventory 92
Median Rent
Market Action 26
Slight Buyer's Advantage

The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$699,900 2,448 1 - 2.5 acres 3 2.5 34 0 1 203
$545,000 1,940 1 - 2.5 acres 3 2 45 1 1 112
$399,900 1,582 6,500 - 8,000 sqft 3 2 5 1 2 140
$319,900 1,342 6,500 - 8,000 sqft 3 2 20 2 0 105