183 homes sold in Markham in the last year, at a typical $166K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Markham homes are listed.
Every place Markham homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Markham.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Markham’s sales, at a typical $166K
183 homes sold in the year to May 2026.
typical sale · 183 sold in 12 months
- Per square foot
- $139IL $180
- Days to sell
- 84
- Sold over asking
- 50%
- Listings with a price cut
- 20%
More homes sell than most years, at 3.7 times the 2016 price
183 sales in the last year, against 181 in 2022 and a low of 111 in 2016. The typical sale went from $45K in 2016 to $166K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Markham
Check a listing against what Markham homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Markham are more common than before the pandemic, and more homes are for sale
We read every month of Markham’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 183 sales.
If you’re buying in Markham
- Shop in November. It brings about 18 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
- Some room to negotiate. 20% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 100.1% of the list price on average; 50% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 84 days.
Summer brings the homes; spring brings the bidding wars
July has the most new listings (about 21 a month), but May is the most competitive: 46% of May sales close over asking. November offers nearly as much choice with fewer homes bid up (34%). November has the least competition (34%).
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Illinois
| Markham now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 50% | 33% | 55% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 27% | 50% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 20% | 23% | 13% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 100.1% | 97.1% | 101.9% | 99.2% |
| Days to sellMedian days from listing to contract | 84 | 67 | 18 | 49 |
82 homes for sale on a typical day
That’s 2.2 times the 2021 low (37), 61% more than in 2017–19 and well under 2012’s 104.
1 in 5 listings has cut its price
20% in the last year, against 23% in 2017–19 and 19% across Illinois.
Markham ranks 19th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Markham is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Markham home costs about $1,243 a month
Price: Markham’s typical sale, last 12 months. Property tax at Markham’s 2.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Markham is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 13.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $166K home, about $4,520 a year.
Taxes vs. neighborsSchools
The schools grade for Markham, from test results, graduation and how much students grow.
Schools in MarkhamCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Hazel Crest, Harvey and East Hazel Crest sell for less a square foot; Midlothian for far more
The busier markets within 25 miles of Markham, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Country Club Hills | 218 | $225K | $140 | 39% | 72 |
| Hazel Crest | 190 | $187K | $130 | 35% | 87 |
| Markham | 183 | $166K | $139 | 50% | 84 |
| Midlothian | 176 | $246K | $194 | 43% | 62 |
| Harvey | 150 | $108K | $91 | 37% | 79 |
| Posen | 25 | $238K | $172 | 32% | 57 |
| East Hazel Crest | 21 | $193K | $126 | 38% | 106 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Markham, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Markham. People who follow the town see it, and so do people comparing Markham with their own town. No commission, no listing fee.
Questions about buying a home in Markham
What do homes sell for in Markham, IL?
183 homes sold in the year to May 2026 at a typical $166K, $139 a square foot.
Is Markham a buyer’s or seller’s market?
A buyer’s market: 90 homes were for sale in May 2026 and 9 sold, about 10 months of supply. Buyers paid 100.1% of asking on average, and 20% of listings cut their price.
When is the best time to buy in Markham?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Markham?
About 2.7% of a home’s value a year. On a $166K home that’s near $4,520.
Where can I see homes for sale in Markham?
Zillow, Redfin, Realtor.com and Homes.com all carry Markham’s MLS listings; the search links above open each one filtered to Markham.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).