Unionville, Markham - August 2026 Real Estate Report

Unionville, Markham: Your Neighbours Are Watching Their Home Values Climb

If you own property in Unionville and you haven't checked your HonestDoor Price lately, you're probably leaving money on the table - or at least walking around with the wrong number in your head. Here's the real picture right now.

The Vibe: What's Happening With Houses and Condos

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

Houses in Unionville

The average HonestDoor Price for a house here sits at $2,089,123 - up 2.37% from the previous period. That's not a small move on a two-million-dollar asset. The predicted market value is $2,040,688, and that number is climbing past the 3-month moving average of $2,015,394. The momentum is pointing upward.

• Average HonestDoor Price: $2,089,123 (up 2.37%)
• Predicted Market Value: $2,040,688
• 3-Month Moving Average: $2,015,394
• Average Rental Estimate: $7,002 per month
• Rental Yield: 3.79% - moderate but steady
• Airbnb Estimate: $348 per night
• Airbnb Rank in Markham: 2nd - we're near the top
• Neighbourhood Growth Rank: 5 out of 14 in Markham - above average

That rental yield of 3.79% tells us this is a solid long-term hold. And if you're curious about short-term rental potential, ranking 2nd in all of Markham for Airbnb income is a serious signal. At $348 a night, a house here has real earning power.

Condos in Unionville

Condos are a different entry point, but they're holding their own. The average HonestDoor Price is $700,313, up 0.37% recently, with a predicted market value of $697,727. That value is also trending above the 3-month moving average of $689,332 - so the direction is the same as houses, just at a different scale.

• Average HonestDoor Price: $700,313 (up 0.37%)
• Predicted Market Value: $697,727
• 3-Month Moving Average: $689,332
• Average Rental Estimate: $3,276 per month
• Rental Yield: 3.45% - moderate returns
• Airbnb Estimate: $163 per night
• Airbnb Rank in Markham: 2nd - same strong position as houses
• Neighbourhood Growth Rank: 5 out of 14 in Markham - above average
• Recent Value Change: 2.19%

That 2.19% recent change on condos is actually the stronger short-term move of the two property types. For condo owners, this is worth paying attention to.

The Neighbourhood Leaderboard

Here's some context that matters. Unionville ranks 5th out of 14 comparable neighbourhoods in Markham for growth - for both houses and condos. That puts us firmly in the above-average tier. We're not leading the pack, but we're well ahead of the middle, and the numbers back that up when you look at what's happening next door.

Nearby neighbourhoods are all priced noticeably lower than Unionville right now:

• Markham Hagerman - Houses at $1,602,481, Condos at $523,541
• Markham Village - Houses at $1,402,485, Condos at $541,208
• Milliken East - Houses at $1,232,686, Condos at $480,014

Unionville commands a real premium over every one of those neighbourhoods. That gap isn't accidental - it reflects what buyers are actually willing to pay to be here.

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

Here's the thing about your city assessment - it's a snapshot from the past. It doesn't update in real time, and it definitely doesn't know that Unionville house values just moved up 2.37%. Your tax assessment is essentially a history lesson dressed up as a current number.

The HonestDoor Price is the real-world check. It pulls from current market activity and updates continuously, so when values shift - like they're doing right now - your HonestDoor Price reflects that immediately. For a house worth over two million dollars, a 2.37% move is roughly $49,000. If you're relying on an old assessment, you could be off by that much or more when making any major financial decision tied to your home.

Knowing your actual number isn't just satisfying - it's practical. Refinancing, selling, insuring, or even just negotiating - all of it starts with the right price.

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

Honestly? The timing is interesting. House values are above their 3-month moving average, the growth rank puts Unionville ahead of most comparable neighbourhoods in Markham, and buyers looking at nearby areas are still seeing Unionville as the premium option. That's a decent position to be in as a seller.

The market isn't on fire the way it was a couple of years ago - but it's not taking a breather either. It's moving steadily, and steady with upward momentum is actually a good environment to list in. You're not racing a peak, and you're not chasing a falling market.

If you're a condo owner, that 2.19% recent bump is worth noting before you decide to wait another season. And if you own a house, the gap between your value and what buyers would pay in Markham Hagerman or Milliken East is a real advantage you can use in a listing conversation.

Before you call an agent or set a price, check your HonestDoor Price. It's the most current number you have - and right now in Unionville, current matters.

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.