Market data › Markham
Markham Real Estate Market: September 2026
In September 2026, 245 homes sold in Markham at a median price of $1,051,000. Here is what the latest public TRREB numbers say about prices, competition and supply — and what that means if you are buying or selling here.
Supply is ahead of demand. Most buyers can negotiate, but the best-priced homes still move. Months of inventory is 4.1 (under about 3 favours sellers, over about 5 favours buyers) and the sales-to-new-listings ratio is 40.5% (over 60% favours sellers, under 40% favours buyers). Compare every area.
Prices by home type in Markham
One median for a whole area mixes condos with detached houses. This is the split for September 2026.
| Home type | Sold | Median price | Average price | Sale/list | Days on market | For sale |
|---|---|---|---|---|---|---|
| Detached | 108 | $1,381,500 | $1,534,139 | 98% | 31 | 462 |
| Semi-detached | 18 | $999,000 | $1,019,322 | 101% | 30 | 42 |
| Freehold townhouse | 30 | $918,490 | $977,959 | 100% | 32 | 147 |
| Condo townhouse | 23 | $735,000 | $829,470 | 98% | 35 | 93 |
| Condo apartment | 55 | $535,000 | $574,612 | 98% | 40 | 354 |
Sale/list is the average sale price as a share of the final list price. Above 100% means homes sold over asking on average.
Benchmark prices (MLS® Home Price Index)
The benchmark price tracks a “typical” home over time, so it is less jumpy than the monthly median.
| Home type | Benchmark price | Change from a year ago |
|---|---|---|
| All homes (composite) | $1,052,500 | −6.02% |
| Single-family detached | $1,441,700 | −5.61% |
| Single-family attached | $1,032,900 | −5.52% |
| Townhouse | $731,700 | −6.62% |
| Apartment | $517,200 | −9.70% |
The last 13 months in Markham
How many listings actually sell?
In September 2026, 729 homes were newly listed in Markham and 245 sold — about 3.4 sales for every 10 new listings. Homes that sold took 34 days on average from listing to sale on their final listing, and 50 days counting earlier listings of the same property. The gap between those two numbers is homes that were taken off the market and relisted, usually at a lower price. There were 1,122 homes for sale at month end, −10% compared with a year earlier. See every area.
When do homes here sell closest to asking?
Averaging the 36 months from October 2023 to September 2026, homes sold closest to asking in March (102.7% of list, 23 days on market on average) and furthest from it in December (98.7%, 33 days). How to use this.
What condos rent for in Markham
Average monthly rent for condo apartments leased through TRREB’s MLS® System in the second quarter of 2026 (742 leases out of 973 listed).
| Unit | Average rent | Leases | Change from Q2 2025 |
|---|---|---|---|
| 1 bedroom | $2,214 | 445 | −6.1% |
| 2 bedroom | $2,840 | 277 | −3.9% |
| 3 bedroom | $3,573 | 19 | +12.1% |
Questions people ask
Is Markham a buyer’s or seller’s market right now?
Based on TRREB’s September 2026 figures it is a leaning buyer’s: 4.1 months of inventory and a sales-to-new-listings ratio of 40.5%.
What is the median home price in Markham?
$1,051,000 in September 2026 across all home types, from 245 sales. The average was $1,125,353. Prices by home type are in the table above.
Are homes in Markham selling over asking?
On average homes sold at 98% of their list price in September 2026. That is at or under asking on average, though individual well-priced homes can still get multiple offers.
Want the numbers for your street, not just the district?
District averages hide a lot. I can pull the actual recent sales near you in Markham and tell you what they mean for your price — no obligation.
More market data
- Buyer’s or seller’s market? Every area, ranked
- Sold over or under asking, by home type
- What your budget actually buys
- Why homes aren’t selling: the share of listings that sell
- The best month to list, from 36 months of data
- What condos and townhouses rent for, by area
- Condo prices by Toronto district
- GTA home prices since 1980
- This month in the GTA market (September 2026)
All areas: GTA and Toronto market data hub
Source: Toronto Regional Real Estate Board (TRREB) public reports — Market Watch, MLS® Home Price Index and the Rental Market Report. Figures are for resale homes reported through TRREB’s MLS® System. Small areas can swing a lot from one month to the next, so the number of sales is shown beside every figure. Past months are shown as TRREB first reported them; TRREB may revise earlier figures. Updated monthly by Jatin Dua, Broker of Record, RE/MAX Quantum Realty.