97741 Home Values & Market Trends
There are 256 homes currently listed for 97741. 97741 real estate market trends show that home prices range from $219,900 to $1,295,000, and the median sales price in the 97741 zip code is $381,658. The total number of properties sold within the past twelve months is 168. In 97741, 5 properties are in foreclosure, 2 are bank owned properties,and 3 are headed for auction.
97741 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Madras | $ 385,454 $ 241/sqft |
Housing Market Summary for 97741
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $427.4K | $400K | -6.42% |
| Median Sold Price | $355.3K | $291.8K | -17.88% |
| Homes For Sale | 162 | 251 | 54.94% |
| Homes Sold | 45 | 39 | -13.33% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 97741
Browse Homes in 97741
The median list price of a home in Madras, is $381,658. A total of 256 properties are for sale, and the percentage of properties for sale in the zip code is 256.00%. The total count of 97741 properties is 307.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 97741 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 97741; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 97741 ranges from the highest value of $239,775 in madras to the lowest value of $239,775 in madras. Bank owned homes and properties account for 0.65% of properties in 97741. There is 1 cities within 97741; madras containing 1 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsmadras has 3 auction properties, the highest number of properties going to auction in a single city in the state of 97741. Auction homes and other auction properties account for 0.98% of all properties in 97741. There is 1 cities within 97741; of that cities, the median estimated home value for homes going to auction ranges from $548,000 in madras to the lowest value of $324,806 in madras.
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Guide for 97741
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.