Markham Hagerman, Markham - October 2026 Real Estate Report
Markham Hagerman Real Estate Update: Solid Ground, But the Market Is Telling You Something
The Vibe Right Now
If you live on one of these streets and you have been quietly wondering what your place is actually worth, this is your sign to check. Markham Hagerman is holding its value better than most people realize - but the numbers have some nuance worth knowing before you make any moves.
Houses: Steady, But Buyers Have the Upper Hand
Houses here are not in freefall. Not even close. But if you are a seller, you need to go in with clear eyes. Here is what we are seeing on the ground right now:
- Average HonestDoor Price: $1,591,462 - down just 0.10% from last period
- Average sale price: $1,600,000
- Current listings are asking $1,680,000 on average
- Price per square foot: $914
- Homes are selling at 95.24% of list price - meaning buyers are negotiating roughly $80,000 off asking
- Average days on market: 32 days
- Rental yield: 4.06% with estimated rent at $5,768 per month
- Growth rank: 4 out of 14 neighbourhoods in Markham - that puts us in above-average territory on the leaderboard
That 95.24% sale-to-list ratio is the number to watch. It tells us buyers are not panicking to get in, and they know it. Thirty-two days on market is not a crisis, but it is not a bidding war either. This is a stable buyers market - which means pricing your home right from day one matters more than ever.
The 3-month moving average for predicted value sits at $1,594,461, and the current predicted value of $1,593,052 is just slightly below that. The market is taking a breather. Not dropping - just pausing.
Condos: A Quieter Story With a Surprising Twist
Condos in Markham Hagerman are a different conversation. The HonestDoor Price has dipped 1.75% to $532,308 - that is a more noticeable move than what we see on the house side. But here is the twist that makes it interesting:
- Average HonestDoor Price: $532,308 - down 1.75%
- Predicted market value: $541,793 - actually up compared to the 3-month moving average of $534,718
- Recent value change: up 3.49%
- Estimated rent: $2,690 per month
- Rental yield: 3.75%
- Growth rank: 5 out of 14 Markham neighbourhoods - above average on the leaderboard
- Airbnb rank: 11 out of Markham neighbourhoods at $132 per night
The predicted value is climbing even while the HonestDoor Price shows a recent dip. That gap is worth paying attention to. Our condos are outpricing nearby Milliken West ($522,005 predicted) and Milliken East ($488,668 predicted). If you own a condo here, you are sitting above your neighbours - literally and financially.
The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment
Here is the thing most Markham Hagerman homeowners do not realize. Your city tax assessment was likely set in 2016 and has not moved much since. The market has. A lot.
The HonestDoor Price is updated in real time using actual sales data, current listing activity, and neighbourhood trends. It is not a government snapshot from years ago. It is what your home is worth right now, in this market, to a real buyer writing a real cheque.
With houses predicted at $1,593,052 and condos at $541,793, the gap between what the city thinks your place is worth and what a buyer would actually pay can be significant. Knowing that number is not just satisfying - it is useful. It changes how you negotiate, how you price, and how you plan.
So What Does This Mean If You Are Thinking About Selling This Summer?
Straight talk: summer 2025 in Markham Hagerman is a window, not a guarantee. Here is how to read it.
- Houses are moving, but buyers are getting roughly $80,000 off asking. Price sharp from the start - do not leave room for a lowball to sting.
- Thirty-two days on market means you have time, but not unlimited time. A stale listing loses leverage fast.
- Compared to Unionville at $2,056,794 for houses, Markham Hagerman looks like relative value to buyers shopping that corridor. That is a selling point.
- Condo sellers have a 3.49% recent growth story to tell. That is momentum. Use it.
- Rental demand is real - $5,768 per month for houses and $2,690 for condos means buyers who are on the fence about purchasing might be swayed by the income angle.
The market here is not broken. It is just honest. And if you know your real number before you list, you are already ahead of most sellers on the street. Check your HonestDoor Price before you call an agent - not after.
markham hagerman | markham | october 2026This 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.