Detached Homes for Sale in Markham
Under $500K
Fully freehold land + structure. Highest long-term appreciation, full renovation flexibility, and the strongest move-up buyer demand in the Ontario market. Median list price in Markham this band: $475K · 74 active · avg 34 days on market.
Median List Price
$475K
Active Listings
74
Avg Days on Market
34 days
YoY Change
-6.8%
6-Month Median Price Trend
Dec
$461K
Jan
$461K
Feb
$461K
Mar
$461K
Apr
$462K
May
$462K
What is the average detached price in Markham in 2026?
The benchmark price for a detached in Markham in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 74 active listings, moving in an average of 34 days on market. Prices are down 6.8% year-over-year.
Is Markham a buyer's or seller's market right now?
Markham is currently a balanced market for detacheds in this band. Inventory is turning over in 34 days with prices down 6.8% year-over-year. Neither side has decisive leverage right now.
Families helped in Markham
84+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Bidding war with three other offers. Their pre-approval letter made our offer credible enough to win.”
What $475K gets you in Markham.
Detacheds in Markham priced under $500k are tracking against a CREA MLS® HPI benchmark of $1158K for the greater toronto area. Within this band the median list comes in near $475K — down 6.8% year-over-year. Active inventory is moving in roughly 34 days.
Typical Size
1,800–3,500 sqft
Bedroom Range
3–5 bedrooms
Ownership Style
freehold
Sample comparables in this band.
$493K
$493K
$494K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these detached homes are clustered in Markham.
Keep exploring Markham.
Other price ranges
Other property types
Markham Detached FAQ
What is the median price for detached homes in Markham under $500k?
As of 2026-05-01, the median list price for detached homes in Markham priced under $500k sits at approximately $475K based on active MLS inventory.
How many detached homes are currently for sale in Markham in this price range?
There are roughly 74 active detached homes for sale in Markham priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do detached homes stay on the market in Markham?
Detached Homes in Markham priced under $500k are averaging 34 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Markham detached prices going up or down?
Year-over-year median detached prices in Markham (this band) are down 6.8%. Six-month trend data is available on this page.
What mortgage do I need to buy a detached at this price in Markham?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
See every active detached in Markham under $500k.
74 active listings · median $475K. A licensed Markham advisor sends the live list within 1 business hour.
Detached Homes in Markham Under $500K
Median $475K · 74 active
Get pre-approved for a $380K mortgage.
Based on $475K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.