Markham MLS® Listings & Real Estate for Sale | Zolo.ca

Markham Real Estate

Refine your Markham real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Markham.

Market Stats Stats Neighbourhoods Recently Sold

843 homes for sale in Markham, ON.

Showing results 1 — 35 of 843
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  2. Ontario
  3. Markham Real Estate

Home Prices in Markham

The asking price of homes for sale in Markham has decreased -10.36% since June last year, while the number of homes for sale has increased 65.53%. See more Markham Home Prices & Values.

House
Median Asking Price
$1.9M
348 Houses
Townhouse
Median Asking Price
$1.2M
155 Townhouses
Condo
Median Asking Price
$739K
290 Condos

Find Real Estate & MLS® Listings in Markham

Zolo has the most thorough, up-to-date set of Markham real estate listings. Currently, Markham has 350 homes for sale, including 348 houses, 290 condos, and 155 townhouses listed for sale. The average sold price for all home types in Markham is $1.3M, which is -8% lower than June 2023. See our Markham housing market stats for a more detailed analysis on average home prices, housing inventory, and days on market.

Markham is home to 36 unique neighbourhoods. With Zolo you'll be able to find the hottest Markham neighbourhoods, the best schools in the city, and evaluate nearby amenities. Check out the upcoming open houses in Markham to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

If you’re looking for rentals instead of properties for sale, Zolo has a comprehensive set of 494 Markham rental listings, including 165 houses and 230 apartments for rent. Most locals in the city own their homes, while 11% live in rentals with an average lease price of $1,179.

MLS® Listing data for Markham is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Markham real estate agents to get started on landing your dream home today.

Markham City Guide

302K
Population
15.3%
Population Growth
8%
Unemployment

Markham is a city just 30 kilometres north of downtown Toronto in the province of Ontario. It’s the 16th largest city in Canada with a population of about 342,000 people.

The initial inhabitants were primarily from Ireland, Scotland and England. These settlers focused on farming and fishing on the Rouge River. By the 1860s, Markham Village was a bustling place with almost 1,000 inhabitants. Yet, it would take another 100 years for the city to officially incorporate.

By the 1970s, Markham’s population began to explode due to urban sprawl. People priced out of Toronto started moving north. As a result, quite a lot of Markham’s farmland has disappeared. Now, large portions of the land and forest north of Major Mackenzie Drive is protected by the Oak Ridges Moraine Conservation Act. Protecting green space is important for this city because of the population explosion that started in 2006. Since then, the city’s population grew by more than 15%—about three times faster than Canada’s population growth, during the same time frame.

A century ago, Markham’s economy was based on agriculture, mills and distilleries. These days light industry and business keep the city’s economy moving. Due to lower land costs and taxes, many large companies relocated their head offices to Markham in the 1980s. Now, more than 1,000 technology and life science companies have offices in the city, including IBM, Advanced Micro Devices, Motorola and Honeywell. The city’s largest employers are tech companies—who employ over 20% of the city’s workforce, as well as the municipality itself, TD Waterhouse and the Markham Stouffville Hospital.

Markham holds the distinction of having the highest visible minority population out of all the major Canadian cities. East Asians make up almost 40% of the city’s population.

Markham real estate continues to be sought after by a variety of home buyers. Families appreciate the excellent elementary and secondary schools. Commuters love the easy access to highways and rapid transit commuter trains. Even with the high cost of living, Markham homes continue to be a hot commodity in the Canadian real estate landscape.

Market Trends

  • Median List Price$1.1M
  • Median Selling Price$1.2M
  • Listing-to-Selling Ratio107.92%
  • Price Change (Month)-4.75%
  • Price Change (Year)-8.5%
  • Average Days on Market20
Note: Data based on last 28 days

At this point in time, Markham's median sale price is $1,240,000. This number is determined by finding the mid-point price of all property sold within a specified period of time. For example, if 66 condos sold last month and only 89 detached homes sold in the same time frame, then the median price would reflect the mid-point between the 66 condos and the 89 detached homes sold during that time. At present, Markham has 348 houses for sale, 155 townhomes for sale and 290 condos for sale.

For more information on the current state of Markham’s real estate market check out the Market Stats page.

The Markham housing market has been very strong over the last decade. If you are interested in homes for sale in Markham, don’t wait too long. Properties don’t stay on the market for very long and, as of mid-2017, Markham real estate market was the 8th fastest selling city out of 23 regions in the Greater Toronto Area.

To gain good, local insight talk to a Markham Realtor ®. To see the latest properties for sale, look at the local MLS ®, which gets its data is from the Toronto Real Estate Board. For the most up-to-date listings, set up a Markham MLS alert. The most recent listings are sent straight to your inbox.

Neighbourhoods

Despite the relatively small geographical space, the city of Markham holds 30 neighbourhoods that are grouped into five districts. To find the community that suits your needs look for amenities that are important to you and your lifestyle.

Those that want easy access to trails and green space will want to consider the neighbourhoods in the North and East districts. Many of these communities provide homeowners with larger, more mature lots, but that also means the average price tag for a house can be quite a bit higher. In Rural Markham, for instance, the average sale price is $1.6 million, while homes in Victoria Manor and Victoria Square sell, on average, between $1.8 million and $1.9 million.

Families should consider homes in Cornell, Greensborough in East Markham and Markham Village in Central Markham. Cornell is a newer community that was first developed in the 1990s. There are various price-points into this community since detached, semi-detached and townhomes can be found here. The great thing is the concept of putting the garage in front of the house—like so many suburban developers do—was abandoned for this community. This allows for big windows, front porches and prompts children to play in the streets while neighbours chat. Greensborough was also built as a walkable community, meaning it’s transit and bicycle-oriented. The community also boasts a number of forests and parks and kids can easily walk to the splash pad or to the nature trails of Swan Lake. Markham Village is one of the more urban communities in the city, but that also means everything is within walking distance. Plus, the homes are older with lots of character and quite often on larger lots.

For luxury homes for sale check out the communities of Devil’s Elbow and Bayview Glen. Average homes prices are between $3.7 million and $3.8 million. The good news is that a fraction of the homes sell for above asking and more than half of the homes will sit on the market for much longer than Markham’s 10-day average.

For more ideas on what community is best for you, talk to your local Realtor, or spend a weekend checking out open houses in Markham. Use our hot-list as your guide. The list examines all communities in Markham and ranks each based on how many listings are available, the average sale price and how long homes stay on the market.

Neighbourhood
(Top 5)
 Sold under 10d Sold above asking Average sale price Active listings
1Thornlea 88% 63% $2.0M 7
2Victoria Manor-jennings Gate 75% 100% $1.9M 8
3Milliken Mills West 65% 80% $1.3M 9
4Middlefield 62% 77% $1.4M 6
5Sherwood-amberglen 60% 80% $1.3M 5

Nearby Cities

Many buyers opt to purchase in a nearby city and commute to work. These buyers want larger homes and lots but with good commuter access to Markham’s downtown core. Good options include Richmond Hill, Vaughan and Toronto. Look for neighbourhoods that are closer to the highway or commuter train stations, such as Thornhill or Scarborough. Even cities that require a bit longer of a commute, such as Whitchurch-Stouffville, Newmarket and Pickering are good options as they offer more affordable detached homes.

City
(Top 5)
 Sold under 10d Sold above asking Average sale price Active listings
1Milton 1441%45%$1.1M512
2Ajax 52%65%$1.0M232
3Pickering 51%51%$976K341
4Newmarket 43%45%$1.2M260
5Aurora 40%53%$1.4M250

Demographics

Before buying a home in Markham, you may want to examine the city’s demographics. This data, which is collected by Census Canada, can help determine if the city is right for you and your family.

11%
Rent
89%
Own
$1,179
Monthly Rent (Median)
$1,460
Monthly Mortgage (Median)
76,875
Total Families
$86,022
Family Income (Median)
40
Age (Median)
59%
College Educated

Schools

Those interested in finding a home in Markham will want to consider where the local school is located. Here are the top five elementary and top five secondary schools in Markham.

Elementary Schools

9.3 Roy H Crosby
9.3 Coledale
9.2 Stonebridge
9.0 John McCrae
8.9 Castlemore

Secondary Schools

9.2 Pierre Elliott Trudeau
8.6 St Augustine
8.6 Bur Oak
8.0 Markville
7.9 Markham

Commuters

While Markham is a commuter’s dream—because of the city’s excellent public transit buses, the rapid transit commuter trains, and the easy access to highways—the city is also very accessible for families without cars. There are bike trails throughout every neighbourhood with the exception of Rural Markham.

To get a better idea of how city residents commute, consider the data collected by Statistics Canada.

82%
Drive
16%
Transit
0%
Bike
2%
Walk

Local Scoop

One of the favourite things for Markham locals to do is to participate in the worldwide urban treasure hunt known as Geocaching. Using GPS-enabled devices, such as smartphones, people navigate a specific set of coordinates to find the hidden geocache treasure. Turns out Markham is home to dozens of these hidden locations. Registration for the game is free (at geocaching.com) and, once registered, you can begin the game by entering a postal code.

For something a bit more adventurous consider taking a joyride at Canada’s first indoor bike park. Located right in the heart of the city, this 90,000-square-foot bike playland welcomes riders of all ages. Another option is to spend the day at the outdoor skateboard park. Located on Bullock Drive at McCowan Road and across the street from Markville Mall, this is a popular place for kids to hangout and practise their board skills. Just remember that only skateboarding and inline skating are allowed in the 15,000-square-foot park and it’s an unsupervised play space. After a day of cycling, skating or boarding treat the family to a sweet treat at Old Firehall Confectionery. Located right inside the historic fire hall on Main Street in Unionville, the store offers handmade sweets, such as candy apples, fudge and sponge toffee, as well as a wide selection of retro candy. Better still, if it’s a warm summer’s night you can enjoy an ice cream cone while people watching on the patio.

Budding artists like to spend time at the Paintlounge, where the whole family can paint together on a big canvas. This artistic spot supplies everything you need, including drinks and snacks to help fuel you up and keep the creative juices flowing.  

On rainy days spend your time indoors at one of the city’s many museums or galleries. The Markham Museum offers a glimpse into the daily lives of blacksmiths, weavers and farmhands. There’s even an Archaeology Lab where visitors can see artefacts uncovered from a 2009 excavation held right in Markham. For a more active day, take the kids to Lil’ Explorers Clubhouse or Kids on the Loose Playland. Both in central Markham, these indoor playgrounds let your kids run wild while you enjoy a cup of coffee.

Many Markham locals will also take to the trails and forests to escape the traffic and noise of urban life. It’s easy to do considering the number of protected trails and green space habitat in the area. Two popular options for walking and biking are the short, 20-minute trail at  Toogood Pond in Unionville and the much larger Milne Dam trails and parkland in Conservation Park.

FAQs About Markham Real Estate

According to current Markham MLS© statistics, the average home listing price in Markham, ON is $1,553,000. Based on Markham housing inventory, the average home is listed on the market for 20 days and has a 105.3% selling to listing price ratio.

Based on current Markham MLS© data, the average detached house in Markham, ON has a listing price of $2,377,000. In Markham, detached houses are on the market for 16 days on average.

According to current Markham MLS© data, the average condo in Markham, ON has a listing price of $800,000. In Markham, the average price for a 2-bedroom condo is $873,000 and the average price for a 1-bedroom condo is $637,000.

In Markham, ON, the most expensive neighbourhoods to buy a home include Devil's Elbow, Bayview Glen, Buttonville and Cachet. Devil's Elbow is the most expensive neighbourhood in Markham with an average home price of $5,317,000.

The cheapest neighbourhoods to buy a home in Markham include Commerce Valley, Old Markham Village, Thornhill and Unionville. Commerce Valley is the most affordable neighbourhood in Markham with an average home price of $744,000.

The closest cities to Markham, ON include Richmond Hill, Whitchurch-stouffville, Vaughan and Aurora. Out of the nearby Markham cities, Whitchurch-stouffville has the highest average home price of $2,205,000 and Richmond Hill has the most affordable average home price of $1,710,000.

The average townhouse in Markham has an average listing price of $1,261,000, which represents a -2.8% change in price from last year. There are currently 151 townhouses for sale in Markham, ON.

According to Statistics Canada Census data, the median total household income in Markham is $86,022 per year, which is above the national median income of $67,000 per year.

In Markham, ON, fewer people rent their homes than own at 10.9% rent versus 89.1% own. The median monthly rent price is $2,900 per month versus the median monthly mortgage of $7,200 per month.

markham
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board nor Zolo.