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York Region, Greater Toronto Area
Anastasia Spozito
Realosophy Broker
Markham currently has a balanced real estate market, with a medium inventory level of 6 months. In May 2025, the median sales price for Markham, York Region, Greater Toronto Area is $1,230,000 based on 257 sales, with the majority in the $1M - $1.5M sales price range. Markham largely features detached houses, accounting for 46% of sales, followed by condos at 28% and townhouses at 15%. The majority of properties have 4 bedrooms.
In May 2025, the median rent price for Markham, York Region, Greater Toronto Area is $2,900 based on 457 rentals, with majority in the Over $3,000 rental price range. Markham largely features condos, accounting for 58% of rentals, followed by detached houses at 23% and townhouses at 12%. The majority of properties have 1 bedroom.
Markham is a north GTA neighbourhood notable for its university grads, business and science professionals and salespeople. It has a higher than average population of immigrants, particularly those from China, Hong Kong and India, and Cantonese and Mandarin speakers. Residents tend to be younger with a significant number of adults aged 25 to 39 and 25 to 39 and seniors aged 65 to 69.
Kids Per Family
1.3
kids per family
in the neighbourhood.
39%
of residents are
single and loving it.
39% singles
15%
of residents
are renters.
15% renters
48%
of residents are
university grads.
48% university grads
Average Household Income
$135K
is the average household
income in the neighbourhood.
Professions
Sales | 14% |
Business | 12% |
Sciences | 8% |
Management | 8% |
Government | 6% |
60%
of residents were
born outside of Canada.
60% immigrants
19.6%
from China
All-time
5.0%
from China
Recent
Foreign Languages
Cantonese | 22% |
Mandarin | 15% |
Tamil | 4% |
Persian | 3% |
Chinese | 2% |
Religions
Christian | 42% |
Hindu | 10% |
Muslim | 7% |
Buddhist | 5% |
Jewish | 2% |
Social Housing Buildings
Social housing buildings
in the neighbourhood.
Shelters
Homeless shelters in
the neighbourhood.