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    Milliken East, Markham - August 2026 Real Estate Report

    2026-08-15 00:00 · Your HonestDoor Team

    Markham, Milliken East

    Milliken East, Markham: Your Neighbour Probably Doesn't Know This Yet

    If you own a home in Milliken East and you're still going off your last city assessment, you're working with stale numbers. The market has moved - and not entirely in the direction you might hope. Here's the real picture, no sugarcoating.

    The Vibe: What's Actually Happening With Prices

    Let's break it down by property type, because houses and condos are telling two slightly different stories right now.

    Houses in Milliken East

    • Average HonestDoor Price: $1,232,686 - up 2.21% from the previous period
    • Predicted current market value: $1,206,081
    • 3-month moving average: $1,217,513 - and the trend is dipping below it
    • Recent value change: -1.94%
    • Neighbourhood growth rank: 12 out of 14 in Markham
    • Estimated rent: $4,781 per month, with a rental yield of 4.34%
    • Airbnb potential: around $237 per night

    We're sitting near the bottom of the Markham leaderboard on growth - 12th out of 14 comparable neighbourhoods. That's not a crisis, but it's a signal worth paying attention to. The predicted value is sliding below the 3-month average, which tells us the short-term momentum is cooling off. Think of it as the market taking a breather after that 2.21% bump.

    For context, our neighbours in Markham Hagerman are averaging $1,602,481 for houses, and Markham East sits at $1,258,413. We're in the same conversation, but not leading it.

    Condos in Milliken East

    • Average HonestDoor Price: $480,014 - up 0.58% from the previous period
    • Predicted current market value: $477,239
    • 3-month moving average: $489,901 - values are currently below this mark
    • Recent value change: -0.72%
    • Neighbourhood growth rank: 11 out of 14 in Markham
    • Estimated rent: $2,398 per month, with a rental yield of 3.89%
    • Airbnb potential: around $119 per night

    Condo owners, the story is similar. We're ranked 11th out of 14 on the Markham growth leaderboard - below average, not at the bottom, but not where we want to be. The predicted value of $477,239 is noticeably below the 3-month moving average of $489,901. Nearby Markham Hagerman condos are tracking at $538,820, which is a meaningful gap. If you own a condo here and you're thinking about your next move, that gap matters.

    The Secret Sauce: Why Your HonestDoor Price Is the Number That Actually Matters

    Here's the thing about city tax assessments - they're a snapshot from the past. By the time that number lands in your mailbox, the market has already moved on. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. It's the difference between checking yesterday's weather and stepping outside right now.

    For Milliken East homeowners, this matters more than usual. With house values dipping below the 3-month moving average and growth ranking near the bottom of the Markham pack, your official assessment could be giving you a false sense of where you stand - either too high or too low. Neither is useful if you're making a real financial decision.

    Check your HonestDoor Price now. It's the real-world check that your assessment simply cannot provide.

    The So What - Thinking About Selling This Summer?

    If you're a homeowner in Milliken East with summer selling on your mind, here's the honest take.

    The 2.21% bump in the HonestDoor Price for houses is a positive sign - it means there's still demand. But the predicted value sliding below the 3-month average suggests that window may not stay open forever. Sellers who move with accurate, current pricing tend to do better than those who anchor to outdated numbers and overprice out of the gate.

    For condo owners, the gap between where we rank (11th out of 14) and where nearby neighbourhoods like Markham Hagerman sit is a real consideration. Pricing sharp and marketing well is going to matter more this summer than it did two years ago.

    The rental numbers are worth noting too - a 4.34% yield on houses and 3.89% on condos puts Milliken East in the moderate returns category. If selling isn't the plan, holding and renting is a reasonable play, especially with house rents estimated at $4,781 per month.

    Bottom line - Milliken East is not a market in trouble, but it's not on a tear either. Know your real number, price it right, and move with the data on your side.

    milliken east | markham | august 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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