Unionville, Markham - October 2026 Real Estate Report
Unionville, Markham: Your Neighbour Just Got a Reality Check on Their Home Value
If you own property in Unionville and you're still looking at your city tax assessment to know what your home is worth, stop. That number is already old. Here is what is actually happening on the ground right now.
The Vibe: Houses vs. Condos - Two Very Different Stories
We are not all in the same boat here in Unionville. Depending on what you own, the market is telling you something completely different.
Houses: Still the Top of the Markham Leaderboard
If you own a house in Unionville, here is the honest picture. The average HonestDoor Price sits at $2,056,794, and yes, it has dipped 2.03% from the previous period. The market is taking a breather. But before you panic, look at the bigger trend - the predicted market value is $2,099,329, which is climbing above the 3-month moving average of $2,076,437. That tells us the short-term dip is not the whole story.
On the neighbourhood leaderboard, Unionville houses rank 2 out of 14 comparable neighbourhoods in Markham for growth. That is a strong position. We are near the top, and the numbers back it up.
- Average HonestDoor Price: $2,056,794
- Recent price change: -2.03%
- Predicted market value: $2,099,329
- 3-month moving average: $2,076,437
- Average rental estimate: $6,924 per month
- Rental yield: 3.78%
- Airbnb estimate: $344 per night
- Growth rank: 2 out of 14 in Markham
For context, our closest neighbours are not even close. Markham Hagerman averages $1,591,462. Markham Village sits at $1,376,772. Milliken East comes in at $1,219,041. Unionville house owners are holding a premium asset - roughly $465,000 to $837,000 more than the next neighbourhood over.
Condos: A Different Conversation
Condo owners in Unionville, we need to talk straight. The average HonestDoor Price is $721,585, which is actually up 3.09% from the previous period - that is good news. But the growth rank for condos sits at 12 out of 14 in Markham. That puts us near the bottom of the local leaderboard for momentum.
The predicted market value of $699,974 is nudging above the 3-month moving average of $699,009, so there is a small upward tick. But the overall growth story for Unionville condos is not the headline act right now.
- Average HonestDoor Price: $721,585
- Recent price change: +3.09%
- Predicted market value: $699,974
- 3-month moving average: $699,009
- Average rental estimate: $3,352 per month
- Rental yield: 3.44%
- Airbnb estimate: $166 per night
- Growth rank: 12 out of 14 in Markham
Nearby condo markets like Markham Hagerman ($532,308) and Milliken East ($499,673) are cheaper, which means Unionville condos still carry a price premium in the area. But that premium needs to be watched.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now
Here is the thing about your city assessment - it is a snapshot from the past. It does not know what happened in the market last quarter. It does not adjust when interest rates shift or when a wave of listings hits your street.
The HonestDoor Price is updated in real time. It is pulling in current sales data, local trends, and live market signals. For Unionville house owners sitting on an asset worth over $2 million, a 2% swing is roughly $41,000. Your tax assessment will not tell you that. Your HonestDoor Price will.
Think of the HonestDoor Price as the real-world check - the number a serious buyer or a sharp agent would actually use at the table, not the number the city printed two years ago.
The So What - Should You Sell in Unionville This Summer?
If you own a house, the case for listing this summer is real. We rank 2 out of 14 neighbourhoods in Markham for growth. The predicted value is trending above the moving average. And we are sitting hundreds of thousands above every comparable neighbourhood nearby. Buyers who want Unionville know they are paying for something specific - the address, the schools, the feel of the street. That does not disappear in a soft patch.
The 2.03% dip in the HonestDoor Price is worth watching, not worrying about. If you have been thinking about selling, waiting for the market to "fully recover" could mean waiting for a moment that looks a lot like right now.
If you own a condo, the story is more nuanced. The 3.09% price increase is encouraging, but a growth rank of 12 out of 14 means the momentum is not strongly in your favour compared to other Markham neighbourhoods. If you need to sell, the premium over nearby areas still gives you room to work with. If you can hold, keep watching the trend line over the next quarter.
Bottom line - check your HonestDoor Price today. Not your assessment. Not a guess. The actual number, updated for the market we are living in right now.
unionville | 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.