Buttonville, Markham - September 2026 Real Estate Report

Buttonville, Markham: What's Actually Happening With Home Prices Right Now

If you've been watching the "For Sale" signs in Buttonville and wondering whether to make a move, here's the straight story. The market here is sending two very different signals depending on whether you own a house or a condo - and you need to know which camp you're in before you do anything.

The Vibe: Houses vs. Condos

Let's break it down for us locals, because these two property types are not telling the same story right now.

Houses - Still a Seller's Game

Houses in Buttonville are holding strong. The one sale we saw recently closed at $1,830,000 - and here's the kicker - that buyer paid 107.71% of the asking price. That means they went over list. In a market where a lot of cities are seeing buyers get picky, Buttonville houses are still pulling competing interest.

• Average sale price: $1,830,000
• Average listing price this month: $1,699,000
• Price per square foot: $563
• Average days on market: 14
• Predicted market value: $1,741,272
• 3-month moving average: $1,723,952 (values are climbing)
• Estimated monthly rent: $6,157
• Rental yield: 3.87%
• Recent value change: up 2.34%
• Growth rank: 8 out of 14 neighbourhoods in Markham
• Price rank: 3 out of 9 in Markham - we're in the upper tier
• Days-on-market rank: 2 out of 7 - houses here sell faster than most

Fourteen days on market is quick. That's not a house sitting and collecting dust - that's a house getting shown, getting offers, and getting sold. The speed rank of 2 out of 7 in Markham confirms this isn't a fluke. Houses here move.

The growth rank of 8 out of 14 puts us in the middle of the pack - not leading the Markham leaderboard, but not falling behind either. Think of it as a steady cruise rather than a sprint. Values are up 2.34% recently, and the predicted value is trending above the 3-month average, which points in the right direction.

Condos - Taking a Breather

Condos are a different conversation. The HonestDoor Price for condos sits at $752,549, which is actually up 3.71% from the previous period - that sounds good on the surface. But dig one layer deeper and the picture gets more complicated.

• Average HonestDoor Price: $752,549 (up 3.71% from previous period)
• Predicted market value: $725,631
• 3-month moving average: $739,772 (values are sliding)
• Recent value change: down 4.09%
• Estimated monthly rent: $3,366
• Rental yield: 3.40%
• Airbnb rank in Markham: No. 1
• Growth rank: 13 out of 14 neighbourhoods in Markham

That growth rank of 13 out of 14 is the number to pay attention to. On the Markham neighbourhood leaderboard for condo growth, Buttonville is near the bottom right now. The predicted value is sitting below the 3-month moving average, which means the short-term trend is pointing down, not up. Condo owners here should not be sitting on their hands assuming things will sort themselves out.

The one bright spot for condo owners? Buttonville holds the No. 1 Airbnb rank in all of Markham. If you're renting short-term, this neighbourhood outperforms everyone else in the city. That's a real edge worth knowing about.

The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here's something most Buttonville homeowners don't think about until it's too late. Your city tax assessment is a snapshot from the past - sometimes years old. It has no idea what happened to your street last spring, what that new development nearby is doing to demand, or what buyers actually paid last month.

The HonestDoor Price is the real-world check. It's updated in real time using actual sales data, current listing activity, and market movement. For houses in Buttonville, the HonestDoor Price is $1,716,687. For condos, it's $752,549. These numbers reflect what the market thinks your property is worth today - not two years ago.

If you're a house owner and your tax assessment is lagging, you could be leaving serious money on the table when you price your home. If you're a condo owner and you're relying on an old assessment to feel good about your equity position, the HonestDoor Price is telling a more honest story right now - and it's worth knowing before you make any decisions.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Buttonville and you've been on the fence about listing this summer, the data is nudging you toward action. Buyers are paying over asking. Properties are moving in two weeks. You're priced above average for Markham. That combination doesn't last forever, and summer inventory tends to climb as more sellers jump in - which means more competition for your listing.

Compared to nearby neighbourhoods, Buttonville houses at $1,716,687 sit comfortably above Milliken West ($1,215,634) and Markham Hagerman ($1,593,052). Richmond Hill Doncrest is the only nearby area priced higher at $2,190,742. Knowing where you sit on that spectrum helps you price with confidence, not guesswork.

If you own a condo, the calculus is different. With a growth rank of 13 out of 14 and values trending below the 3-month average, waiting for the market to come back to you is a risky strategy right now. If selling is on your radar at all, getting a current HonestDoor Price and having an honest conversation about timing makes a lot of sense before fall.

Bottom line - Buttonville is not one market right now. It's two. Know which one you're in.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.