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City in Ontario

Townhouses for sale in Markham

Name: HOMEH Market Pulse — Markham closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

There are 227 townhouses for sale in Markham today, with a median asking price of $949,900 (-13% vs. all homes in Markham). 137 are freehold townhouses, 90 are condo townhouses and 42 are new townhouses. The most active neighbourhoods are Cornell, Greensborough and Unionville.

family-friendly active diverse

338,503 people lived in Markham at the 2021 Census, in 110,830 households. 82% of households owned their home and 18% rented. The most common homes were single-detached houses (56%) and apartments in buildings of five or more storeys (16%). 18% of homes were built before 1981, and 20% since 2011. 87% of commuters went to work by car and 7% by public transit.

Population of 338,503 8.1 school rating

Markham, Ontario

Markham Townhomes for Sale

Day to dayLivability

Walkability

out of 100 · averaged over 266,366 past and present listings

Average walk score reported on listings here

8.1

Schools near listings

out of 10 · averaged over 266,366 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$1,098,000

53% above Ontario

In Markham

$1,098,000

In Ontario

$716,900

Median monthly rent

$2,500/mo

On par with Ontario

In Markham

$2,500

In Ontario

$2,499

$763

Per square foot

≈ 36.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

1,107

Median $1,098,000

Houses 667 · Condos 440

For rent

634

Median $2,500

Houses 420 · Condos 212

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Strong schools and educational facilities
Plenty of parks for outdoor activities
Good public transit options
Diverse community with various amenities

Keep in mind

Median home price is above provincial average
Rental prices are relatively high

The feel of the placeLifestyle

Daily life in Markham is active, with access to parks and schools. Residents enjoy a balance of urban and suburban living.

Great for families professionals first-time buyers

Within the boundaryWhat's nearby

The boundary

211.7 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

345

Parks

311

Playgrounds

Transit stations

Grocery stores

300

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 211.7 km² of Markham. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

8.0/10

Average rating of the 83 rated schools in this area

107

Elementary

Secondary

Bayview Fairways Public School
Public · Grades JK–8 · York Region DSB
10.0/109.6 over 5 yrs
1st of 3,045 Ontario elementary schools
310 students · EQAO 2024-2025
St Augustine Catholic High School
Catholic · Grades 9–12 · York CDSB
10.0/109.3 over 5 yrs
1st of 742 Ontario secondary schools
1,575 students · EQAO 2024-2025
St Justin Martyr Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
10.0/1010.0 over 5 yrs
1st of 3,045 Ontario elementary schools
675 students · EQAO 2024-2025
St Robert Catholic High School
Catholic · Grades 9–12 · York CDSB
10.0/109.4 over 5 yrs
1st of 742 Ontario secondary schools
1,705 students · EQAO 2024-2025
Pierre Elliott Trudeau High School
Public · Grades 9–12 · York Region DSB
9.5/109.0 over 5 yrs
6th of 742 Ontario secondary schools
1,865 students · EQAO 2024-2025
Roy H Crosby Public School
Public · Grades JK–8 · York Region DSB
9.5/108.3 over 5 yrs
42nd of 3,045 Ontario elementary schools
235 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Markham, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

338,503

Population (2021)

210.9 km²

Area

1,605

People per km²

43.1

Median age

$111,162

Median income

82%

Own their home

3.2

People per household

110,830

Households

Every age

Children (under 15)15.9%
Working age (15–64)65.7%
Seniors (65+)18.3%

What is built here

Detached houses56.2%
Semi-detached6.3%
Townhouses14.4%
Duplexes5.5%
Low-rise apartments1.7%
High-rise apartments15.9%

Own or rent

82%Owners

18%Renters

Across 110,830 households

When it was built

1960 or earlier2%
1961–198016%
1981–199019%
1991–200015%
2001–200514%
2006–201012%
2011–201512%
2016–20218%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

58.6%
Born outside Canada: 39.2%
Hold a degree or higher: 52.1%
Employment rate: 7.4%
Commute by transit: 87.2%
Commute by car: 1.7
Children per family: $97,013
Median income after tax: $133,718
Average household income: 10.8%
Living on a low income: $2,067/mo
Renters pay, per month: $1,838/mo
Owners pay, per month: $1,149,940
Median home value at census: 38%
Renters spending 30%+ of income on housing: 29.4%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 338 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

HOMEH Market Pulse Townhouses only Through September 2026 Deep sales history

What Townhouses in Markham Sell For

706 townhouses changed hands in Markham over the 12 months to September 2026. Half sold above $928,970 and half below, 11.4% lower than the 12 months before. A typical townhouse found its buyer in 28 days — 2 days slower than a year ago.

Median sold price: $929K; -11.4% year over year
Days to sell: 28; 2 days slower
Sales closed: 706; last 12 months
Per square foot: $553; from 696 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one townhouse here differs from the next.

$1.49M$1.17M$852K$534K

Jan ’24Dec ’24Oct ’25Sep ’26

Median sold price Middle half of sales

What buyers actually paid

$980,800

on a $1,000,000 asking price — under ask by $19,200

−10%Asking price+10%

Of the asking price: 98.1%
Sold over asking: 31.2%

From 706 sales that closed here in the last 12 months.

Rent or buy in Markham

24.5 years

of rent, at the going rate here, adds up to what a townhouse here costs.

Median sold price

$928,970

706 sales

Median rent

$3,155/mo

1,056 leases

Gross rental yield

4.08%

before costs

Both figures come from deals that actually closed in Markham over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

What actually trades in Markham

A single median hides this: the mix of townhouses behind it, and what each kind costs.

706sales

Freehold town$1.02M65.0%
Condo town$762K35.0%

How fast it moves

Median days on market, month by month. Taller means slower.

Oct 2024Sep 2026

Terracotta marks the last 12 months.

Every month behind these charts — Markham, sales

Monthly closed sales in Markham
Month	Closed	Median	Middle half	Days	% of ask
Sep 2026	52	$842,071	$635K – $1.04M	28	97.8%
Aug 2026	68	$884,118	$660K – $1.14M	37	98.4%
Jul 2026	68	$886,510	$600K – $1.14M	22	98.5%
Jun 2026	89	$884,292	$658K – $1.10M	20	98.3%
May 2026	77	$948,234	$624K – $1.12M	28	97.5%
Apr 2026	43	$969,833	$705K – $1.10M	19	99.1%
Mar 2026	57	$930,526	$689K – $1.16M	19	98.7%
Feb 2026	47	$941,867	$620K – $1.30M	35	96.9%
Jan 2026	41	$980,488	$699K – $1.23M	41	96.0%
Dec 2025	45	$965,467	$706K – $1.26M	33	99.3%
Nov 2025	47	$980,426	$665K – $1.17M	33	97.3%
Oct 2025	72	$989,026	$716K – $1.29M	28	98.5%
Sep 2025	64	$1,032,930	$786K – $1.25M	35	97.8%
Aug 2025	60	$962,750	$628K – $1.28M	34	98.1%
Jul 2025	56	$943,436	$681K – $1.21M	29	98.2%
Jun 2025	60	$1,023,667	$715K – $1.23M	27	97.8%
May 2025	48	$1,073,146	$730K – $1.27M	24	100.9%
Apr 2025	46	$1,085,870	$730K – $1.28M	19	98.6%
Mar 2025	58	$1,061,414	$769K – $1.25M	18	101.6%
Feb 2025	40	$1,066,125	$725K – $1.31M	19	100.2%
Jan 2025	47	$1,070,638	$800K – $1.29M	27	98.9%
Dec 2024	56	$1,114,375	$712K – $1.38M	31	97.7%
Nov 2024	66	$1,081,818	$751K – $1.31M	27	98.5%
Oct 2024	85	$1,072,727	$794K – $1.28M	22	98.6%
Sep 2024	57	$1,037,407	$825K – $1.25M	29	98.9%
Aug 2024	53	$1,079,528	$828K – $1.29M	27	98.6%
Jul 2024	61	$1,053,672	$790K – $1.31M	19	101.4%
Jun 2024	66	$1,076,864	$798K – $1.28M	15	101.0%
May 2024	77	$1,116,600	$793K – $1.36M	16	108.9%
Apr 2024	81	$1,129,012	$794K – $1.42M	15	106.9%
Mar 2024	75	$1,112,333	$819K – $1.29M	12	108.6%
Feb 2024	36	$1,162,889	$880K – $1.42M	12	111.5%
Jan 2024	8	$852,500	$712K – $1.08M	39	100.0%

What people ask about Markham

How much does a townhouse cost in Markham?

Townhouses in Markham sold for a median of $928,970 over the 12 months to September 2026, across 706 closed sales — half sold for more and half for less. That is 11.4% lower than the 12 months before it.

How long does it take to sell a townhouse in Markham?

A townhouse in Markham took a median of 28 days on the market over the 12 months to September 2026. Townhouses there closed at 98.1% of the asking price on average, with 31.2% selling over asking.

How much is rent for a townhouse in Markham?

The median townhouse lease in Markham closed at $3,155 a month over the 12 months to September 2026, across 1,056 leases.

Is it cheaper to rent or buy a townhouse in Markham?

A townhouse in Markham costs about 24.5 years of the rent on one — the median price of $928,970 against a median rent of $3,155 a month, a gross yield of 4.08%. The shorter that number, the closer buying is to renting before financing costs.

What kind of townhouses sell in Markham?

Over the 12 months to September 2026 the mix in Markham was freehold town (65.0% of sales, median $1,018,588) and condo town (35.0% of sales, median $762,433).

Compiled by HOMEH from sales reported closed in Markham on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one townhouse. Not an appraisal or an opinion of value.

Questions, answered

Common questions about townhouses for sale in Markham

How much is a townhouse in Markham?

The median asking price of the 227 townhouses for sale in Markham is $949,900, from $429,000 to $1,999,000. By type, the median is $999,990 for freehold townhouses and $748,000 for condo townhouses.

All homes for sale in Markham

Are there new townhomes for sale in Markham?

Yes. 42 of the 227 townhouses for sale in Markham are new construction.

New construction homes in Markham

Keep looking

More Homes for Sale in Markham

1,107 homes are for sale in Markham. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.