97741 Home Values & Market Trends

There are 265 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 $382,774. The total number of properties sold within the past twelve months is 167. In 97741, 8 properties are in foreclosure, 2 are bank owned properties,and 6 are headed for auction.

97741 Real Estate Market Overview

CityMedian Est. Value
Madras

$ 387,243

$ 242/sqft

Housing Market Summary for 97741

Oct 2025October 2026Change
Median Listing Price$429.9K$414.9K-3.49%
Median Sold Price$356.1K$292.5K-17.88%
Homes For Sale17425948.85%
Homes Sold43454.65%
Price
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Homes For Sale
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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%.

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Browse Homes in 97741

The median list price of a home in Madras, is $382,774. A total of 265 properties are for sale, and the percentage of properties for sale in the zip code is 265.00%. The total count of 97741 properties is 329.

Foreclosure
There is 1 cities within 97741; within this cities, the median estimated home value for homes in foreclosure ranges from $548,000 in madras to the lowest value of $233,464 in madras. Foreclosure homes account for 2.00% of properties in 97741 with madras containing 7 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-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 Owned
    The median estimated home value of bank owned homes (REO properties) in 97741 ranges from the highest value of $233,464 in madras to the lowest value of $233,464 in madras. Bank owned homes and properties account for 0.61% 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.
  • Auctions
    madras has 6 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 1.82% 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 $299,900 in madras.
Homes for Sale
Homes and properties that are actively listed for sale account for 80.55% of residential properties in 97741 with madras containing 254 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 97741; homes for sale in that cities, have a range of median values from $1,269,679 in madras to the lowest value of $141,004 in madras.
    Sold Homes
    The median value for recently sold homes ranges from $834,040 in madras to the lowest price of $151,301 in madras. There is 1 cities within 97741. madras has 45 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 14.59% of properties in 97741.

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      Guide for 97741

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.