Detached Homes for Sale in Markham
Over $1.5M
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: $1.57M · 9 active · avg 45 days on market.
9 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Detached Homes in Markham Over $1.5M
9 active · median $1.57M
Median List Price
$1.57M
Active Listings
9
Avg Days on Market
45 days
YoY Change
-6.8%
6-Month Median Price Trend
Dec
$1.61M
Jan
$1.54M
Feb
$1.52M
Mar
$1.62M
Apr
$1.53M
May
$1.55M
What is the average detached price in Markham in 2026?
The benchmark price for a detached in Markham in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 9 active listings, moving in an average of 45 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 buyer's market for detacheds in this band. Listings are sitting 45 days on average and prices are 6.8% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
Families helped in Markham
86+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“We got conditional approval the same evening we called. Saved us from losing the home in a multi-offer.”
What $1.57M gets you in Markham.
Detacheds in Markham priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $1158K for the greater toronto area. Within this band the median list comes in near $1575K — down 6.8% year-over-year. Active inventory is moving in roughly 45 days.
Typical Size
1,800–3,500 sqft
Bedroom Range
3–5 bedrooms
Ownership Style
freehold
Sample comparables in this band.
$1.72M
$1.70M
$1.65M
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 over $1.5m?
As of 2026-05-01, the median list price for detached homes in Markham priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many detached homes are currently for sale in Markham in this price range?
There are roughly 9 active detached homes for sale in Markham priced over $1.5m. 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 over $1.5m are averaging 45 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 $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 9 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Markham advisor within 1 business hour.
Detached Homes in Markham Over $1.5M
Median $1.57M · 9 active · 3.95% 5-yr fixed
Get pre-approved for a $1.26M mortgage.
Based on $1.57M 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.