Markham Real Estate Market — Prices, Trends & Listings

Markham — Quick Summary Updated: Sep 14, 2026 Live listings: 1,205 Median asking detached: $1,668,995 Median asking towns: $999,990 Median asking condo apts: $599,999
Updated daily — City pages outside our core areas are for navigation only. Market insights are focused on Durham Region and Scarborough. HomeZira.com — Serving the community for 19 years

🏠 Markham Homes for Sale — Current Inventory & Asking Prices

Data as of

Markham currently has approximately 695 active freehold listings and 462 active condo listings publicly displayed on this website. The latest median asking price of these public listings is about $1,399,000 for freehold homes and $629,000 for condos.

Use the table below to compare current availability and median asking prices across the major property types shown.

  Detached Semi-Detached Townhouses Condo Townhouses Condo Apartments
# of Current Listings 464 51 145 83 356
Median Asking Price $1,668,995 $1,025,000 $999,990 $759,000 $599,999

Asking prices reflect homes currently offered for sale and are not sold prices. Overall freehold and condo inventory may include property types not shown separately in the table. Inventory and asking prices may change as listings enter or leave the market.

📈 Markham Housing Market Report — August 2026

Based on TRREB Market Watch monthly statistics
Reporting period: August 2026
Source: TRREB Market Watch. Analysis and calculations by HomeZira.

Markham Freehold and Condo Market Conditions

Freehold and condo conditions can move differently, so HomeZira evaluates the two segments separately using the major property types published in TRREB Market Watch.

Freehold Market Condition
Freehold Market Condition

Months of Inventory (MOI) estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers.

Sales-to-New-Listings Ratio (SNLR) compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales.

HomeZira uses both indicators to assess the overall market condition.

🟢 Balanced Market
3.7 12-month MOI 42.8% 12-month SNLR

Freehold activity recorded 191 sales in August 2026, up 1.1% from July 2026 and 31.7% higher than August 2025. Active listings totaled 627, down 9.1% from July 2026 and 13.0% lower than August 2025. Average LDOM was 31 days.

Condo Market Condition
Condo Market Condition

Months of Inventory (MOI) estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers.

Sales-to-New-Listings Ratio (SNLR) compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales.

HomeZira uses both indicators to assess the overall market condition.

🔷 Balanced Market — Buyer-Leaning
5.2 12-month MOI 35.2% 12-month SNLR

Condo activity recorded 85 sales in August 2026, little changed from July 2026 and 2.3% lower than August 2025. Active listings totaled 438, down 3.7% from July 2026 and 6.0% lower than August 2025. Average LDOM was 40 days.

Markham Freehold and Condo Market Snapshot — August 2026

Compare the major freehold and condo segments side by side. Monthly rows use the August 2026 reporting period; 12-month MOI and SNLR use trailing-12-month calculations ending in August 2026. MoM compares with July 2026, while YoY compares with August 2025.

Metric Freehold Condo
August 2026 MoM YoY August 2026 MoM YoY
Sales
Monthly Home Sales

The number of residential home sales reported during the month. Comparing sales with previous periods can help show whether market activity is increasing or decreasing.

191 +1.1% +31.7% 85 0% -2.3%
Average Sold Price
Average Sold Price

The average selling price of homes in the segment during the month. It is calculated using the combined dollar volume and number of sales for the major property types included in that segment.

$1,441,877 +6.5% +3.1% $695,727 +5.5% +0.1%
New Listings
New Listings

The number of residential listings newly added to the market during the month. Comparing new listings with sales can help show whether available housing supply is growing faster or slower than buyer activity.

353 -18.5% -7.6% 216 -12.6% -5.7%
Active Listings
Active Listings

The number of residential listings available for sale at the end of the reporting period. Higher active inventory generally gives buyers more choice, while lower inventory means fewer homes are available.

627 -9.1% -13% 438 -3.7% -6%
Average LDOM
Listing Days on Market (LDOM)

The average number of days a successful listing was on the market before it sold. A lower LDOM generally means homes were selling faster, while a higher LDOM means they were taking longer to sell.

31 days +2 days +1 day 40 days 0 days +2 days
12-Month MOI
Months of Inventory (MOI)

Months of Inventory estimates how many months it would take to sell the available inventory at the recent sales pace. Lower MOI generally means tighter supply; higher MOI generally means more choice for buyers.

3.7 months -0.2 months 5.2 months 0 months
12-Month SNLR
Sales-to-New-Listings Ratio (SNLR)

The Sales-to-New-Listings Ratio compares home sales with new listings entering the market. A higher SNLR generally indicates stronger demand relative to new supply, while a lower SNLR indicates more new supply relative to sales.

42.8% +1.3 pts 35.2% +0.1 pts

What the August 2026 Freehold and Condo Markets Mean for Buyers and Sellers

For Buyers

Freehold

Freehold conditions in Markham were broadly balanced, with neither buyers nor sellers holding a clear overall advantage. Active freehold inventory fell 9.1% from July 2026, while new listings fell 18.5%. That narrowed both available and fresh choice for buyers. Homes averaged 31 days on market, giving buyers time to compare competing listings and negotiate carefully.

Condo

Condo conditions in Markham were balanced but buyer-leaning, giving buyers somewhat more choice and negotiating room than in a tighter market. New condo listings fell 12.6% from July 2026, so fewer fresh options were entering the market. Homes averaged 40 days on market, giving buyers time to compare competing listings and negotiate carefully.

For Sellers

Freehold

Freehold conditions in Markham were broadly balanced, so sellers did not hold a clear segment-wide advantage over buyers. Active freehold inventory fell 9.1% from July 2026, reducing some of the competing supply sellers faced. Homes averaged 31 days on market, making accurate pricing and strong presentation important when competing for buyer attention.

Condo

Condo conditions in Markham were balanced but buyer-leaning, increasing competition among sellers for available buyer demand. Homes averaged 40 days on market, making accurate pricing and strong presentation important when competing for buyer attention.

Markham Housing Market by Property Type — August 2026

See how different property types performed in Markham during August 2026, including sales activity, sold prices, available inventory and average market time.

Property Type Sales Median Sold Price New Listings Active Listings 12-Month MOI
Months of Inventory (MOI)

Measures housing supply relative to the recent pace of sales. Lower MOI generally indicates tighter supply and stronger competition, while higher MOI generally means buyers have more choice.

This 12-month MOI is calculated by HomeZira using TRREB Market Watch data.

Avg. Sale-to-List
Average Sale-to-List Ratio

Shows the average selling price as a percentage of the listing price. A ratio of 100% means homes sold at their listing price on average. Above 100% means they sold above list price on average, while below 100% means they sold below list price on average.

Avg. LDOM
Listing Days on Market (LDOM)

The average number of days a successful listing was on the market before it sold. A lower LDOM generally means homes were selling faster, while a higher LDOM means they were taking longer to sell.

Detached 137 $1,488,000 251 449 3.9 months 98% 28 days
Semi-Detached 15 $945,000 32 47 3.1 months 97% 43 days
Freehold Townhouse 39 $995,000 70 131 3.5 months 100% 36 days
Condo Townhouse 28 $750,000 35 82 4.3 months 100% 41 days
Condo Apartment 57 $563,800 181 356 5.5 months 97% 40 days

What Stands Out by Property Type

HomeZira's August 2026 property-type comparison shows that Freehold Townhouse had the strongest overall demand profile among the property types shown in Markham. That segment combined a 12-month MOI of 3.5 months, an average selling time of 36 days and the highest average sale-to-list ratio at 100.0%, while recording 39 sales. Semi-Detached had the lowest 12-month MOI at 3.1 months, but it also had recorded only 15 sales compared with 39 for Freehold Townhouse, a longer average selling time of 43 days compared with 36 days and a lower average sale-to-list ratio of 97.0% compared with 100.0%. Detached recorded the most sales at 137, but sales volume alone did not make it the strongest demand segment; its 12-month MOI of 3.9 months, 28-day average LDOM and 98.0% average sale-to-list ratio pointed to less intense competition than Freehold Townhouse.

At the softer end of the market, Condo Apartment showed conditions that generally gave buyers comparatively more time and negotiating room, with a 12-month MOI of 5.5 months, an average selling time of 40 days and a 97.0% average sale-to-list ratio. For sellers, Freehold Townhouse was operating in relatively stronger conditions, while Condo Apartment sellers faced more competition for buyer attention and may benefit from careful pricing and presentation. Buyers focused on Condo Apartment may have more opportunity to compare listings and negotiate than buyers focused on Freehold Townhouse.

🔒 Ultra-Current Markham Sold Market Intelligence — Updated Daily

Sold data updated through

Go beyond asking prices and last month’s market report. HomeZira’s secure sold-market report uses the latest available daily sold data, giving you a more current view of the market than a completed monthly report. Compare the latest 0–30 days with 31–60 days ago, 61–90 days ago, and the comparable period one year earlier to see how prices, selling time, competition and market conditions are changing.

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🧑‍🤝‍🧑 Markham Population and Demographics

(Population and demographic figures in this section are based on Statistics Canada, 2021 Census of Population.)

Markham has a population of 338,503 (2021). Population has been growing (+2.9%) since 2016. It’s a globally connected city where newcomers make up 58.6% of residents. Visible minorities form a clear majority (82.1%).

Homeownership is prevalent (81.7%), with renters at about 18.3%. Housing stock includes 62,270 detached, 6,985 semi-detached, 15,985 row/town, 1,905 low-rise apts, and 17,635 high-rise apts. There are approximately 110,865 private dwellings overall.

Average household income sits near $130,800. Commuting patterns are varied — 7.8% use transit, 87.2% drive, and 38.6% work from home. 51.2% work at a usual workplace.

For buyers, recent asking medians point to detached median around $1,668,995 and freehold-town median near $999,990 (latest available).

Last updated: 2024-02-03 17:59:22

Markham Market & Demographics Snapshot

Population & Growth
Population (2021) 338,503
Change 2016→2021 2.9%
Community Diversity
Newcomers (immigrants) 58.6%
Visible minorities 82.1%
Housing Tenure
Owner-occupied 81.7%
Renter-occupied 18.3%
Housing Stock
Detached62,270
Semi-detached6,985
Row/Town15,985
Low-rise apts1,905
High-rise apts17,635
Total private dwellings110,865
Income & Commute
Avg household income $130,800
Use transit 7.8%
Drive 87.2%
Work from home 38.6%
Work at usual workplace 51.2%
Asking Medians (Latest)
Detached $1,668,995
Freehold Townhouse $999,990
Source: Statistics Canada (2021 Census) and Toronto Regional Real Estate Board (TRREB) market data.

❓ FAQ and Answers: Markham Housing Market

As of September 14, 2026, HomeZira shows about 695 freehold listings and 462 condo listings currently offered for sale in Markham on this website.

As of September 14, 2026, the median asking price for freehold homes is about $1,399,000, while the median asking price for condos is about $629,000 in Markham. These are asking prices for homes currently offered for sale, not sold prices.

As of September 14, 2026, the current median asking prices among the major property types shown for Markham are approximately Detached: $1,668,995, Semi-Detached: $1,025,000, Freehold Townhouse: $999,990, Condo Townhouse: $759,000, Condo Apartment: $599,999. Asking prices reflect current listings and can change as homes enter or leave the market.

In August 2026, the Freehold average sold price was $1,441,877, while the Condo average sold price was $695,727 in Markham. These are HomeZira-calculated segment averages based on the major property types included in each Freehold and Condo segment.

In August 2026, average sold-price movement in Markham differed by segment. Freehold: up 6.5% from July 2026 and up 3.1% from August 2025. Condo: up 5.5% from July 2026 and up 0.1% from August 2025. Freehold and Condo can move differently, so reviewing the two segments separately gives a clearer picture than relying on one combined price trend.

In August 2026, Freehold recorded 191 sales (up 1.1% from July 2026 and up 31.7% from August 2025), while Condo recorded 85 sales (unchanged from July 2026 and down 2.3% from August 2025) in Markham.

In August 2026, Freehold averaged 31 days LDOM, 2 days longer than July 2026, while Condo averaged 40 days LDOM, unchanged from July 2026 in Markham. LDOM is the average Listing Days on Market for homes that sold during the reporting month.

Market conditions in Markham differ by segment. Based on HomeZira's analysis of August 2026 TRREB Market Watch data, Freehold: Balanced Market (3.7 months of inventory, 42.8% 12-month SNLR); Condo: Balanced Market — Buyer-Leaning (5.2 months of inventory, 35.2% 12-month SNLR). HomeZira evaluates Freehold and Condo separately because supply and buyer demand can differ materially between the two segments.

Based on HomeZira's analysis of August 2026 TRREB Market Watch property-type statistics, HomeZira's August 2026 property-type comparison shows that Freehold Townhouse had the strongest overall demand profile among the property types shown in Markham. That segment combined a 12-month MOI of 3.5 months, an average selling time of 36 days and the highest average sale-to-list ratio at 100.0%, while recording 39 sales. Semi-Detached had the lowest 12-month MOI at 3.1 months, but it also had recorded only 15 sales compared with 39 for Freehold Townhouse, a longer average selling time of 43 days compared with 36 days and a lower average sale-to-list ratio of 97.0% compared with 100.0%. Detached recorded the most sales at 137, but sales volume alone did not make it the strongest demand segment; its 12-month MOI of 3.9 months, 28-day average LDOM and 98.0% average sale-to-list ratio pointed to less intense competition than Freehold Townhouse.

Based on HomeZira's analysis of August 2026 TRREB Market Watch property-type statistics, At the softer end of the market, Condo Apartment showed conditions that generally gave buyers comparatively more time and negotiating room, with a 12-month MOI of 5.5 months, an average selling time of 40 days and a 97.0% average sale-to-list ratio. For sellers, Freehold Townhouse was operating in relatively stronger conditions, while Condo Apartment sellers faced more competition for buyer attention and may benefit from careful pricing and presentation. Buyers focused on Condo Apartment may have more opportunity to compare listings and negotiate than buyers focused on Freehold Townhouse.

Using August 2026 TRREB Market Watch data, Freehold: Markham Freehold had the 3rd-highest average sold price among the 9 York markets compared. It recorded the highest number of home sales in the comparison group. Average selling time ranked 3rd-fastest among the markets compared. Months of inventory was the lowest in the comparison group, indicating relatively tight supply. Condo: Markham Condo had the 2nd-highest average sold price among the 9 York markets compared. It recorded the highest number of home sales in the comparison group. Average selling time ranked 2nd-fastest among the markets compared. Months of inventory was the lowest in the comparison group, indicating relatively tight supply.

Market Watch FAQ answers use the latest completed TRREB Market Watch reporting period: August 2026. Source: TRREB Market Watch. Analysis and calculations by HomeZira.

Disclaimer: Market statistics, analysis and Q&A are provided for general informational purposes only. Current listing inventory and asking-price figures reflect public-facing listings available to this website as of September 14, 2026. TRREB Market Watch statistics are for August 2026. Source: TRREB Market Watch. Analysis and calculations by HomeZira. Market-level statistics are aggregate figures and do not represent the value or expected selling price of any individual property. Information may change or differ from other sources due to reporting periods, update timing, data availability and methodology. This content is not an appraisal, legal, tax, financial or investment advice. Verify property-specific information before making a real estate decision.

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