Market insights · Markham

Markham market

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MarkhamMarket reportSeptember 2026

Market at a glance

The latest figures for Markham · condo apartment — September 2026.

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In September 2026, 55 homes (condo apartment) sold in Markham at a median price of $530,000, 15.9% lower than in September 2025. Homes took 36 days to sell on average and sold for 98.3% of the asking price.

Buyers' or sellers' market · last 3 months · 824 sales, all homesBalanced marketHomes in Markham are selling near asking in about 33 days. Neither side has the upper hand right now.

Median sold price: the middle sale of the month, by firm date. Days on market: the average for homes that sold. Months of inventory: TRREB's figure for all homes (TRREB Market Watch): homes for sale at month end ÷ the trend in monthly sales. Year-ago comparisons use the same area and home type.

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Seasonal patterns

How a typical year runs in York Region, from 2013–2025 sales. A history, not a forecast.

Bars: the average share of a year's sales that happened in each month. Under each month: how its median sold price sat against that year's own trend (the median over 13 years) — partly the season, partly which homes sell then. In a typical year September has 8.3% of the year's sales. Pattern shown for York Region.

Property types at a glance

Compare key metrics by home type — September 2026.

Share of homes sold

Distribution of sales by property type — September 2026.

  • Detached45.2%114
  • Semi-detached7.9%20
  • Townhouse12.7%32
  • Condo townhouse7.9%20
  • Condo apartment21.8%55
  • Link, multiplex & other4.4%11

Completed sales, not homes for sale. Percentages are rounded, so they may not add to exactly 100%.

Market pace

Key indicators of market activity: what's coming on, what's available and how fast it's selling.

New listings206
+8.4% vs. Sep 2025higher
Homes newly listed for sale in Sep 2026 (TRREB).
Active listings354
+5.0% vs. Sep 2025higher
For sale at the end of Sep 2026 (TRREB).
Sales-to-new-listings ratio41%
+4.6 pts vs. Sep 2025higher
TRREB’s trend figure for all homes: sales ÷ new listings.
Months of inventory4.1
-0.2 vs. Sep 2025lower
TRREB, all homes: how long the homes for sale would last at the recent pace of sales.

New listings, active listings, sales-to-new-listings and months of inventory: TRREB Market Watch, September 2026. TRREB counts every listing on its board, so its figures differ a little from the sales counts above.

Price distribution of homes sold

Share of condo apartment sold by price — September 2026.

55 sales by sold price. Counts of sales in each range only; shown for months with at least 20 sales.

Buy vs rent

Estimated monthly cost to own at Markham's median sold price, next to what homes are listed for rent at today.

Own$2,962per month, estimated
Rent…loading rents
Down payment
Mortgage rate
Mortgage payment$2,464
Property tax (estimate)$398
Home insurance (estimate)$100
Total to own$2,962

Assumptions: 20% down, 4.99% for 25 years compounded semi-annually (as Canadian mortgages are), property tax at 0.9% of the price a year, home insurance about $100 a month; no condo fee. Rents are asking rents of whole homes listed for lease today, not signed leases; a bedroom count with fewer than 10 listings isn't shown. An estimate to compare the market, not advice for your situation.

Compare areas

See how different regions performed in September 2026: median sold price and change from a year earlier.

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Every area uses the same measure: median sold price of all homes, by firm date, for September 2026. Pictures are illustrations.

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MarkhamYork RegionGTA

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Homes sold

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Days on market

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Sold vs asking

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Benchmark price (TRREB HPI)

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Homes for sale now

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Each area's newest finished month, all homes, by firm date; the benchmark is TRREB's latest; homes for sale are today's count. A figure with too few sales to publish says so.

Monthly market data

Homes sold, median price, days on market and sold vs asking in Markham · condo apartment, for the last 36 months.

Show the table
MonthHomes soldMedian priceDays on marketSold vs asking
Oct 2026 (so far)41$520,0003597.4%
Sep 202655$530,0003698.3%
Aug 202662$540,0004397.7%
Jul 202663$530,0004498.2%
Jun 202690$580,0003698.2%
May 202653$570,00025100.0%
Apr 202669$580,0003797.0%
Mar 202657$560,0004496.8%
Feb 202656$550,0004596.8%
Jan 202642$580,0004397.7%
Dec 202534$630,0003798.8%
Nov 202556$600,0004097.4%
Oct 202565$610,0004897.8%
Sep 202569$630,0003997.6%
Aug 202570$610,0003997.8%
Jul 202554$630,0003098.7%
Jun 202565$630,0003999.3%
May 202563$660,0003299.8%
Apr 202568$670,0002499.6%
Mar 202567$680,0002899.1%
Feb 202550$660,00033100.3%
Jan 202550$660,0004499.4%
Dec 202447$660,0004398.6%
Nov 202457$670,0003198.7%
Oct 202477$660,0003899.4%
Sep 202470$700,0003199.6%
Aug 202465$690,00034100.0%
Jul 202457$710,00030100.4%
Jun 202462$710,00024101.5%
May 202476$670,0002499.7%
Apr 202470$720,00023100.9%
Mar 202476$710,00025102.5%
Feb 202458$700,00025100.6%
Jan 202457$700,00044100.0%
Dec 202348$630,0003598.9%
Nov 202350$660,0002099.9%

By firm date. A dash: too few sales that month to publish the figure.

Latest market insights

Analysis, trends and what the numbers mean for buyers and sellers.

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York · Market Report

Full market report: Markham

Median sold price, volume, days on market and home-type mix across Markham. Latest full month: September 2026.

Updated with September 2026 sold data · October so far: 165 sales

The Markham market, at a glance

Sold prices, pace, and neighbourhood detail — pick any month we've reported.

$1,060,000
MEDIAN SOLD PRICE
▼ 3.6% vs prior month
252
HOMES SOLD
33
AVG DAYS ON MARKET
99.2%
SOLD-TO-LIST
35
NEIGHBOURHOODS
September
REPORT MONTH

Choose your neighbourhood

Median sold price by Markham neighbourhood in September 2026. Tap any neighbourhood for its full report.

Unionville
$710,000
median sold · 38 sold
Berczy
$1,210,000
median sold · 21 sold
Wismer
$1,030,000
median sold · 18 sold
Greensborough
$880,000
median sold · 16 sold
Cornell
$930,000
median sold · 14 sold
Markham Village
$1,060,000
median sold · 11 sold
Aileen-Willowbrook
$760,000
median sold · 11 sold
Angus Glen
$1,520,000
median sold · 10 sold
Middlefield
$1,080,000
median sold · 9 sold
Milliken Mills East
$1,100,000
median sold · 8 sold
Thornhill
$800,000
median sold · 8 sold
Royal Orchard
$1,020,000
median sold · 8 sold
Box Grove
$1,320,000
median sold · 7 sold
Commerce Valley
$530,000
median sold · 7 sold
Raymerville
$1,130,000
median sold · 6 sold
Village Green-South Unionville
$1,120,000
median sold · 6 sold
Cedarwood
$1,010,000
median sold · 6 sold
Victoria Square
$1,300,000
median sold · 5 sold
Milliken Mills West
$1,090,000
median sold · 5 sold
Grandview
$630,000
median sold · 5 sold
Old Markham Village
—
median sold · 4 sold
Cachet
—
median sold · 3 sold
Victoria Manor-Jennings Gate
—
median sold · 3 sold
Cathedraltown
—
median sold · 3 sold
Markville
—
median sold · 2 sold
German Mills
—
median sold · 2 sold
Bayview Fairway-Bayview Country Club Estates
—
median sold · 2 sold
Bullock
—
median sold · 2 sold
Thornlea
—
median sold · 2 sold
Buttonville
—
median sold · 2 sold
Bayview Glen
—
median sold · 2 sold
Cedar Grove
—
median sold · 1 sold
Rouge Fairways
—
median sold · 1 sold
Rural Markham
—
median sold · 1 sold
Devil's Elbow
—
median sold · 1 sold

What sold in Markham, by home type — September 2026

Every style of home, averaged honestly — so you can see exactly where your home fits.

⌂ Detached homesAVG SOLD PRICE
2-Storey Detached
97 sales · 27d to sell
$1,570,000
AVG SOLD
Bungalow
5 sales · 50d to sell
$1,290,000
AVG SOLD
Backsplit
5 sales · 60d to sell
$1,340,000
AVG SOLD
Sidesplit
4 sales · too few to publish a price
—
INDICATIVE
Bungaloft
1 sale · too few to publish a price
—
INDICATIVE
3-Storey Detached
1 sale · too few to publish a price
—
INDICATIVE
1.5-Storey Detached
1 sale · too few to publish a price
—
INDICATIVE
▤ Semis, links, townhomes & condosAVG SOLD PRICE
Condo Apt
55 sales · 36d to sell
$580,000
AVG SOLD
Semi-Detached
20 sales · 34d to sell
$1,020,000
AVG SOLD
Freehold town · 3-storey
17 sales · 35d to sell
$960,000
AVG SOLD
Freehold town · 2-storey
15 sales · 26d to sell
$990,000
AVG SOLD
Link
11 sales · 35d to sell
$1,050,000
AVG SOLD
Condo town · 2-storey
10 sales · 27d to sell
$710,000
AVG SOLD
Condo town · other styles
4 sales · too few to publish a price
—
INDICATIVE
Condo town · 3-storey
3 sales · too few to publish a price
—
INDICATIVE
Stacked condo town
3 sales · too few to publish a price
—
INDICATIVE

Average sold price within each tier. Detached split by style; townhomes by freehold or condo and 2- or 3-storey; semis and links counted separately. Tiers with fewer than 3 sales are marked indicative. Ask us for a precise read on any segment.

Sold-to-asking by home type

Above 100% means homes traded over ask — a read on where competition is hottest.

Detached98.8%
Condo Apt98.3%
Att/Row/Townhouse100.9%
Semi-Detached101.3%
Condo Townhouse99.5%
Link99.6%

Detached homes sold — by size

Median price and price-per-square-foot for detached homes across size bands in September 2026. Smaller homes cost more per foot; larger homes cost more overall.

SIZE (SQ FT)MEDIAN SOLDHOMES SOLD$ / SQ FT
Under 1,000$500,00044$695
1,000 - 1,499$770,00037$615
1,500 - 1,999$1,020,00075$585
2,000 - 2,499$1,290,00043$570
2,500 - 2,999$1,600,00025$580
3,000 - 3,499$1,810,00015$555
3,500+$2,270,00013$535

Bands with only a handful of sales are directional. Ask us for the fuller multi-month trend.

Benchmark home values

The TRREB Home Price Index — the price of a typical Markham home by type, with year-over-year change. As of September 2026.

Detached
$1,441,700
▼ 5.6% year over year
Semi / Attached
$1,032,900
▼ 5.5% year over year
Townhouse
$731,700
▼ 6.6% year over year
Condo Apt
$517,200
▼ 9.7% year over year
$1,052,500
BENCHMARK HOME VALUE · SEPTEMBER 2026
MONTH-OVER-MONTH
-0.27%
YEAR-OVER-YEAR
-6.02%

HPI INDEX — MONTHLY · OCT '25–SEP '26
290.5305.0306.4OctNovDecJanFebMarAprMayJunJulAugSep

Index down 14.5 pts over the last 12 months — values trending down. A higher index means a higher typical home value. Scale zoomed to show monthly change · Source: TRREB / Altus HPI.


MARKHAM COMPOSITE BENCHMARK PRICE · 2012–2026 · TYPICAL HOME VALUE
$1.05M$556K$1.43M'12'13'18'19'20'21'22'23'24'25'26

The typical Markham home is up about 89% over the period shown — through the 2021 peak and the correction since. Year-end MLS® HPI composite benchmark · Source: TRREB / Altus HPI.

Recent sold homes — September 2026

Individual sold listings across Markham — free once you create an account.

AddressCommunityTypeBed / BathListSoldSold on
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What moves Markham prices

Two forces sit behind almost every price move: the cost of borrowing and the pace of inflation. When rates fall and inflation cools, buying power rises and prices tend to firm; when they climb, the market cools.

5-year fixed mortgage rate
4.49%
▲ 0.14 pt
Jul 2025Jul 2026
Bank of Canada · uninsured, funds advanced
Inflation — CPI
3.10%
▲ 0.10 pt
Sep 2025Sep 2026
Bank of Canada / StatCan · year-over-year

Homes for sale in Markham

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