Markham home prices dip 2.9% to $1.07M in February 2026
Key Questions
What was the average home price in Markham in February 2026?
According to TRREB data, the average home price in Markham dipped 2.9% to $1.07 million in February 2026. This reflects ongoing market trends amid new supply and development shifts.
What is the average rental price in Markham?
The average rental price in Markham is approximately $1,917, with 620 listings available. Recent data from Zumper shows Markville listings averaging $2,313, down 49% year-over-year.
What are some examples of current rental listings in Markham?
Listings include 202 - 9763 Markham Road at $1,750 for a basement, 191 Stather Cres basement, and condos on Zolo ranging from $1,950-$2,800. Other options like 60 Central Park Dr #2115 and Markville apartments range from $1,900-$3,500 for 1-4 bedrooms.
How many rental listings are available in Markham?
There are 620 rentals listed on Apartments.com for Markham overall. Zolo reports over 959 rentals, including condos ($1,950-$2,800) and basements ($1,700-$2,000).
What factors are influencing Markham's housing market trends?
Trends are impacted by short-term rental changes, new supply from developments like Markham Centre towers and Cham Shan zoning, and Bill 185 development shifts. Monitoring neighbourhood data is recommended.
What is the rental market like in Markville, Markham?
Zumper lists 25 rentals in Markville with averages at $2,313, down 49% year-over-year, for 1-4 bedroom units priced $1,900-$3,500. This is part of broader Markham rental trends.
Are there any upcoming meetings related to Markham rentals or developments?
An Electronic Committee of Adjustment Meeting is scheduled for April 8, 2026, and a Development Services Public Meeting on April 7, 2026. These may address zoning and development impacting housing supply.
What types of rentals are available in Markham neighbourhoods?
Options include condos ($1,950-$2,800), basements ($1,700-$2,000), and rooms in areas like Milliken Mills West. New listings such as 9763 Markham Rd ($1,750) and 191 Stather Cres basement are examples.
TRREB data: avg price fell ~2.9% to $1.07M; rentals avg ~$1,917 (620 listings). Recent Zumper Markville listings avg $2,313 (?down 49% YoY, $1,900-$3,500 1-4bd); Zolo 959+ rentals ($1950-2800 condos, $1700-2000 basements, new listings like 9763 Markham Rd $1750, 191 Stather Cres basement). Monitor trends, neighbourhood data amid STR changes, new supply (e.g., Markham Centre towers, Cham Shan zoning), and Bill 185 development shifts.