Markham Village, Markham - June 2026 Real Estate Report

Markham Village Real Talk: Prices Are Sliding - Here Is What You Need to Know Right Now

If you have been watching the "For Sale" signs in Markham Village lately, here is the honest picture. The market is taking a breather. Not crashing, not booming - just cooling off in a way that matters to your wallet if you are thinking about making a move this summer.

The Vibe: Houses vs. Condos in Markham Village

Let us break down what is actually happening on our streets, depending on what you own.

Houses

The average HonestDoor Price for a house in Markham Village sits at $1,363,491 - up 1.56% from the previous period, which sounds like good news. But here is the catch. The predicted market value right now is $1,342,489, and that number is trending down from the 3-month moving average of $1,396,993. In plain terms, the short-term momentum is pointing south, with a recent price change of -4.41%.

• Average HonestDoor Price: $1,363,491
• Predicted Market Value: $1,342,489
• 3-Month Moving Average: $1,396,993
• Recent Price Change: -4.41%
• Estimated Monthly Rent: $5,131
• Rental Yield: 4.24%
• Airbnb Potential: $255 per month (ranked 7th in Markham)
• Neighbourhood Growth Rank: 11 out of 14 in Markham

That growth rank is worth paying attention to. On the Markham neighbourhood leaderboard, our houses sit at 11 out of 14 - below average compared to the rest of the city. Unionville next door is pricing at $2,036,459 on average. We are not in that league right now, and the numbers say we are losing ground, not gaining it.

Condos

The condo story is a bit different, and not in a great way. The average HonestDoor Price is $562,763, down 5.15% from the previous period. That is a real dip. The predicted value of $593,303 is actually sitting just slightly above the 3-month moving average of $592,423, so there is a tiny flicker of stabilization - but do not pop the champagne yet. The recent price change is still -3.49%.

• Average HonestDoor Price: $562,763
• Predicted Market Value: $593,303
• 3-Month Moving Average: $592,423
• Recent Price Change: -3.49%
• Estimated Monthly Rent: $2,886
• Rental Yield: 3.67%
• Airbnb Potential: $144 per month (ranked 11th in Markham)
• Neighbourhood Growth Rank: 11 out of 14 in Markham

On the condo leaderboard, we are also sitting at 11 out of 14. Nearby condos in Markham Central East ($674,920), Cornell ($611,462), and Unionville ($682,169) are all priced higher than us right now. If you own a condo here, that gap is something to watch.

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

Here is something most homeowners in Markham Village do not think about until it is too late. Your city tax assessment is a snapshot from the past - sometimes years old. It does not know that prices shifted -4.41% recently. It does not know what the 3-month trend looks like. It is basically a photo from a few years ago being used to describe what you look like today.

The HonestDoor Price is updated in real time. It pulls in current market signals and gives you a live read on what your property is actually worth right now - not what a government office decided it was worth during a previous assessment cycle. For a house in Markham Village, that difference could be tens of thousands of dollars in either direction. Knowing your real number is not just interesting - it is the starting point for every smart decision you make about your home.

Check your HonestDoor Price before you do anything else. It takes two minutes and it is free.

The So What - Should You Sell in Markham Village This Summer?

Straight answer: if you are a house owner thinking about selling this summer, the window is tightening. Prices are still above $1.3 million, but the 3-month trend is moving in the wrong direction. Waiting for the market to bounce back is a gamble right now, especially with our neighbourhood sitting at 11 out of 14 on the Markham growth leaderboard. Buyers know this stuff too.

If you own a condo, the pressure is a bit more urgent. You are already priced below every comparable neighbourhood nearby, and the -5.15% drop is not a blip - it is a signal. Sitting on the sidelines hoping for a recovery while Unionville and Cornell condos hold higher prices is not a winning strategy.

The rental yield for houses at 4.24% is decent if you are thinking about holding and renting. It is not spectacular, but it is real income while you wait for conditions to shift. Condo rental yield at 3.67% is moderate - it covers costs but does not make you rich.

Bottom line: Markham Village is a solid, established neighbourhood. But right now the numbers say the market here is cooling faster than most of Markham. If selling is on your radar for 2025, sooner beats later. Pull your HonestDoor Price today, know your real number, and make the call with clear eyes.

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.