Markham Hagerman, Markham - September 2026 Real Estate Report

Markham Hagerman Real Estate Update: Solid Prices, But the Market Is Telling You Something

The Vibe Right Now

If you live on a quiet street in Markham Hagerman and you've been wondering what your home is actually worth - not what the city thinks it's worth, but what a real buyer would pay today - here's the straight story.

The market here is steady, not spectacular. Houses are holding value near the $1.6 million mark, condos are showing some life, and the data is giving us enough signal to make smart decisions. Let's break it down by property type.

Houses: Holding Steady, But Buyers Have the Edge

The average HonestDoor Price for a house in Markham Hagerman sits at $1,593,052, down a slim 0.59% from last period. That is not a crash - that is a market taking a breather. The average sale price came in at $1,600,000, and listings are sitting at $1,680,000 on average. That gap matters.

• Average sale price: $1,600,000
• Average list price: $1,680,000
• Sale-to-list ratio: 95.24% - buyers are paying below asking
• Price per square foot: $914
• Average days on market: 32 days
• Properties sold last month: 1
• Predicted market value: $1,602,481
• 3-month moving average: $1,587,183 - values are trending up from that baseline
• Estimated monthly rent: $5,790 with a rental yield of 4.05%
• Neighbourhood growth rank: 14 out of 14 in Markham

That last number deserves a real conversation. On the neighbourhood leaderboard for growth, Markham Hagerman houses are sitting dead last - 14th out of 14 comparable neighbourhoods. That does not mean your house is losing value dramatically, but it does mean other parts of Markham are outpacing us right now. Days on market rank is 4 out of 7, and price rank is 5 out of 9. We are in the middle of the pack on price, and slower to sell than some neighbours.

The honest read: this is a buyers' market for houses. Buyers know it, and the 95.24% sale-to-list ratio proves it. If you are selling, you need to price sharp from day one.

Condos: A Brighter Spot With a Catch

Condos in Markham Hagerman are a different story. The average HonestDoor Price jumped 3.49% to $541,793. That kind of move in a short period gets our attention. On the neighbourhood leaderboard, condos rank 6th out of 14 for growth - solidly above average.

• Average HonestDoor Price: $541,793 - up 3.49%
• Predicted market value: $523,541
• 3-month moving average: $535,224 - the predicted value is dipping below this, worth watching
• Recent value change: -2.84%
• Estimated monthly rent: $2,618 with a rental yield of 3.79%
• Airbnb estimate: $134 per night
• Airbnb rank in Markham: 12th
• Growth rank: 6 out of 14 - above average

The HonestDoor Price is up, but the short-term predicted value has dipped below the 3-month average. That tells us the recent pop may be levelling off. Still, at $541,793, Markham Hagerman condos are priced above nearby Milliken West ($522,005) and Milliken East ($488,668), and well below Unionville ($699,974). We are in a reasonable middle ground.

For condo investors, a 3.79% rental yield with $2,618 per month in estimated rent is a workable number in this market. Not a home run, but not a loss either.

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

Here is the thing about your city assessment - it is a snapshot from the past. The city looks at sales data that can be 12 to 24 months old by the time it lands in your mailbox. A lot has changed since then.

The HonestDoor Price is updated in real time using actual market signals. For houses in Markham Hagerman, that number is $1,593,052 right now. The predicted value is $1,602,481. Your city assessment might be telling you something completely different - higher or lower - and either way, it is not what a buyer is looking at when they make an offer today.

If you are making any financial decision tied to your home - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check you need. Do not wait for the city to catch up.

So What Does This Mean If You Are Thinking About Selling This Summer?

For house sellers, the window is open but the conditions are not in your favour right now. Buyers are negotiating, homes are sitting for 32 days on average, and the growth rank is at the bottom of the Markham leaderboard. That does not mean you should not sell - it means you need a strategy. Price at or just below the HonestDoor Price of $1,593,052, not at the average list price of $1,680,000, and you will move faster.

For condo sellers, the story is a bit better. The HonestDoor Price is up 3.49% and the growth rank puts Markham Hagerman condos above average in the city. If you have been sitting on a condo and waiting for a good moment, this is a more favourable position than your house-owning neighbours are in right now.

Bottom line: Markham Hagerman is not the hottest market in Markham this summer, but it is not broken either. Know your real number, price it right, and you can still get a deal done.

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.