Markham Real Estate

1015 Homes for Sale

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Home Prices in Markham

The asking price of homes for sale in Markham has increased 36.17% since September last year, while the number of homes for sale has increased 28.29%. See more Markham Home Prices & Values.

House
Median Asking Price
$1.5M
514 Houses
Townhouse
Median Asking Price
$874K
215 Townhouses
Condo
Median Asking Price
$510K
225 Condos

Markham MLS® Listings & Real Estate

Zolo helps you land your future home out of the 1015 homes for sale in Markham. Search by location with our MLS® map for Canada-wide real estate listings. Explore these homes by property type, price, number of bedrooms, size, keywords like "hardwood floors," and more to find Markham condos or houses for sale in Markham. With Zolo you'll be able to find the fastest selling Markham neighbourhoods, neighbourhoods with the top schools in the city, and easily navigate the MLS® system. Most residents in the city own their homes, while 11% live in Markham rentals. If you're looking for Markham apartments for rent or houses for rent in Markham, we've got you covered.

Zolo has the most detailed, up-to-date set of Markham real estate listings and gives you the power to search within the Markham MLS® system for nearby cities and neighbourhoods. If you're keen on learning about the Markham real estate market and how it's changed over the year, Zolo's Markham real estate trends & stats are the perfect way to find out. After analyzing Markham MLS® data for thousands of homes, we've learned new insights on average home prices, housing inventory, and days on market. Currently, the average Markham home will sell for $921,104 and will be on the market for 28 days. Get in touch with one of our Markham real estate brokers to get started on landing your dream home today! Interested in cities around Markham? Browse some Richmond Hill real estate as well as search for homes for sale in Whitchurch-stouffville and within the MLS® system (Toronto) on Zolo.

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.

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
1Devil's Elbow 100% 50% $2.1M 6
2Rouge River Estates 75% 25% $1.1M 4
3Victoria Square 38% 50% $1.4M 15
4Middlefield 34% 43% $878K 31
5Rouge Fairways 40% 20% $1.2M 8

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
1Pickering 34%25%$739K289
2Toronto 32%27%$784K6175
3Halton Hills 32%22%$614K180
4Uxbridge 27%20%$775K127
5Ajax 25%24%$631K300

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.

markham
The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor Zolo.