Is Madras, OR 97741 a buyer’s or seller’s market?
Madras is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5Under 4 months = seller’s market
Sold above original list29.8%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market69Listing to accepted offer
Median price per sq ft$247▲ +3.9% vs. last year
Run the numbers for 97741
Nearby markets
Camp Sherman 97730Buyer’s market $657 /sq ftCulver 97734Buyer’s market $271 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology