Markham (Markham Village) Real Estate Market

As of May 2026, Markham (Markham Village), British Columbia is a Balanced market with 75 active listings and an average asking price of CAD $1,181,893.



The current market in Markham (Markham Village) reflects a moderate inventory level when viewed against the broader British Columbia housing landscape. According to the BC real estate boards (CREA MLS®), the 75 active listings represent a steady supply that balances buyer demand without creating a sharp seller advantage. While the sales‑to‑active‑listings ratio for this period is not publicly disclosed, the average asking price of CAD $1,181,893 indicates that property values remain robust yet accessible relative to the province’s high‑end markets.



For buyers, the total cost‑to‑buy in Markham (Markham Village) will include several provincial levies. The Property Transfer Tax (PTT) applies to all purchases, and new builds will incur the Goods and Services Tax (GST). In urban areas where the Speculation and Vacancy Tax (SVT) is in effect, buyers should also account for that additional cost. If the property is a condominium or townhouse, strata fees will add to the ongoing monthly expenses.



Investors should weigh BC‑specific considerations that can impact returns. The SVT applies to properties in certain municipalities, and the federal Underused Housing Tax targets units with high vacancy rates. Short‑term rental restrictions in BC limit the ability to operate vacation rentals in many communities, and the BC Tenancy Act caps annual rent increases, which can affect rental income projections.