97741 — Madras, OR Home Values
Typical home value $374,740 as of June 2026 · 5th of 6 in The Dalles, OR
Blue: typical home value (Zillow ZHVI) in ZIP code 97741, June 2021 to June 2026. This page shows observed data only; no forecast.
How 97741 compares in the The Dalles, OR area
ZIP code 97741 (Madras, OR) has a typical home value of $374,740 as of June 2026, ranking 5th of 6 ZIP codes tracked in the The Dalles, OR area, more expensive than about 33% of ZIP codes in the metro. Prices here have moved +0.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +19.6%, from $313,310 in June 2021 to $374,740 in June 2026. Against observed rent, the typical home here sells for 20× the annual rent ($1,563/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the The Dalles, OR forecast for a modeled outlook, or browse the full ranked list of ZIP codes in The Dalles.
Population and demographics
ZIP code 97741 has a population of 13,750, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 54.1% White, 27.2% Hispanic or Latino, 11.6% two or more races, 6.2% American Indian or Alaska Native, 0.5% Black or African American, and 0.4% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Jefferson County Middle School | 1180 SE Kemper Way, Madras, OR | 3.7 mi |
| Madras Elementary School | 215 SE 10th St, Madras, OR | 4.5 mi |
| Buff Elementary School | 375 SE Buff St, Madras, OR | 4.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 97741?
$374,740 as of June 2026, the latest month Zillow has published observed data for.
Is 97741 an expensive ZIP code in the The Dalles, OR area?
97741 ranks 5th of 6 ZIP codes in the The Dalles, OR area by typical home value, more expensive than about 33% of ZIP codes in the metro.
How much have home values in 97741 changed over the past year?
+0.6% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 97741?
The typical home price is 20× the observed annual rent in this ZIP code ($1,563/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 97741?
13,750, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 97741?
Jefferson County Middle School (3.7 mi), Madras Elementary School (4.5 mi), Buff Elementary School (4.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 97741?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the The Dalles, OR forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.