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Advertise here →Madras, OR · Market Data
Madras, Oregon real estate market data.
Real estate market data for Madras, OR (Jefferson County) — Census median home value $291,400, county listing prices up about 4.5% over the past year.
Madras, OR is in Jefferson County, Oregon — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,596, with a median household income of $56,590. Census data puts Madras's median home value at $291,400.
At a glance
Madras market snapshot
Population
7,596
Median Household Income
$56,590
Median Home Value (city)
$291,400
Median Gross Rent
$942/mo
Price Trend (YoY)
+4.5%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Madras different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Madras's median home value — across all owner-occupied homes, not just recent sales — at $291,400.
County Price Trend
Jefferson County's FHFA house price index shows a 4.55% annual change in 2025.
Population & Income
Madras has an estimated population of 7,596 and a median household income of $56,590, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Madras's Census-reported median home value works out to about 5.1x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Madras FAQ
What are home values like in Madras, OR?
The Census Bureau's American Community Survey puts Madras's median home value at $291,400.
What is the population of Madras, OR?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Madras's population at approximately 7,596.
What's the median rent in Madras, OR?
The Census ACS estimates median gross rent in Madras at approximately $942 per month.
What is the median household income in Madras, OR?
Census ACS data puts the median household income in Madras at approximately $56,590.
Is the Madras housing market growing?
Jefferson County's FHFA house price index shows a 4.55% annual change in 2025.
Is Madras, OR affordable relative to income?
Census ACS data puts Madras's median home value at about 5.1 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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