Buying in Markham
Markham real estate guide: avg price $1,068,928 in Feb 2026. Top schools, tech hub, and the GTA's best Asian food scene. York Region market stats and insights.
Avg. Price
$1,068,928
-2.8% YoY
Median Price
$1,052,500
Sales / Month
182
Feb 2026
Days on Market
55
Buyer's Market
The Vibe
Markham is a diverse, tech-driven city that punches above its weight in dining, culture, and economic opportunity. From the heritage charm of Main Street Unionville to the bustling energy of Highway 7, it offers something for every buyer. Excellent schools and strong community ties make it particularly attractive to families, while tech professionals enjoy being close to York Region's innovation corridor.
Who Lives Here
- Population
- 338,503
- Growth
- +4.5% (2016-2021)
- Median Income
- $105,000
- Ownership Rate
- 80.5%
- Avg. Household Size
- 3.2
- Median Age
- 41.8
Community
Source: Census 2021, Statistics Canada
Who It's Good For
The types of buyers who tend to thrive in Markham.
Families
Outstanding schools, diverse community, and safe neighbourhoods make Markham one of the GTA's top family destinations.
Tech Workers
Home to IBM Canada, AMD, Huawei, and hundreds of tech firms, making it ideal for those working in York Region's tech corridor.
Food Lovers
Arguably the best Asian food scene in Canada, with hundreds of restaurants along Highway 7 and Steeles Avenue.
Price Breakdown by Home Type
Average selling prices in Markham based on TRREB MLS data for February 2026.
| Home Type | Average Price | YoY Change |
|---|---|---|
| Detached | $1,480,000 | -2.5% |
| Semi-Detached | $980,000 | -3.0% |
| Townhouse | $880,000 | -2.2% |
| Condo Apartment | $590,000 | -4.5% |
Source: Toronto Regional Real Estate Board (TRREB), Market Watch February 2026. Year-over-year change compared to February 2025.
Market Health
Key indicators showing whether Markham currently favours buyers or sellers.
SNLR
35.2%
Buyer's Market
Below 40% = buyer's market
Months of Inventory
4.7
Balanced supply levels
Avg. SP/LP
98%
Near asking price โ firm market
Days on Market
40
LDOM
55
PDOM
Listing vs. property days on market
Neighbourhoods in Markham
Markham encompasses several distinct communities, each with its own character and housing stock.
Unionville
Heritage village with Main Street charm, premium homes, and top schools. Markham's most sought-after neighbourhood.
Cornell
Master-planned new urbanist community with walkable streets and modern townhomes.
Cathedraltown
Distinctive neighbourhood anchored by a prominent cathedral with mid-range homes and good transit.
Berczy
Established family neighbourhood near Hwy 7 with mature trees and proximity to Unionville.
Angus Glen
Premium enclave near the championship golf course with executive detached homes.
Markham Village
Historic core with Main Street Markham, heritage buildings, and older character homes.
Also known as
Unionville ยท Markham Village ยท Cornell ยท Berczy ยท Cathedraltown ยท Angus Glen ยท Markville
Getting Around
Transit, walkability, and commute information for Markham.
Markham is served by YRT/Viva rapid transit along Highway 7, TTC connections at Finch, and future plans for the Yonge North Subway Extension.
Major Transit Lines
Commute to Downtown Toronto: 45-60 min by Viva + TTC; 40-55 min by car via 404/DVP
52
Walk Score
48
Transit Score
45
Bike Score
Local Scene
What's on your doorstep when you buy in Markham.
Food & Dining
Coppi Ristorante
Upscale Italian on Main Street Unionville
Ding Tai Fung
World-famous soup dumplings at CF Markville
Dragon Boat Fusion
Chinese fusion in the Markham culinary district
Jatujak Thai
Authentic Thai cuisine on Highway 7
Frankie Tomatto's
Legendary all-you-can-eat Italian buffet
Owl of Minerva
Late-night Korean comfort food on Yonge
Attractions & Amenities
Main Street Unionville
Charming heritage village strip with boutiques, galleries, and cafes
Markham Museum
Heritage village with 25+ historic buildings and exhibits
Angus Glen Golf Club
Championship course that hosted the 2007 Canadian Open
Toogood Pond Park
Scenic walking loop in Unionville with a central pond
Pacific Mall
North America's largest indoor Asian mall
Flato Markham Theatre
Performing arts venue with concerts and theatrical productions
Schools
School options available for families buying in Markham.
55
Public Schools
18
Catholic Schools
8
French Immersion
12
Private Schools
Frequently Asked Questions
Common questions from buyers considering Markham.
As of February 2026, the average home price in Markham is $1,068,928 with a median of $1,052,500. Detached homes average about $1.48M, while condos start around $590K.
Nearby Areas
Explore other areas close to Markham.
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