Markham, IL

Buyer's market+11.1% YoY

Housing market overview · Updated weekly

$175,000median sale price

Homes sold

11

Last 12 weeks

Days on market

77

Average pace

Active listings

82

7.5 months supply

Sale-to-list

98.7%

Below asking

The Markham housing market is currently classified as a buyer's market with a median sale price of $175,000. Prices have risen 11.1% compared to last year, with homes spending an average of 77 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Markham

There are currently 82 homes listed for sale in Markham, Illinois. The median listing price is $184K.

Active listings

82

Homes on market

Median list price

$184K

Avg. days on market

77

Days until sale

New this week

23

Newly listed

Price drops:14.6%of listings
Sale-to-list:98.7%

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Frequently asked questions

What is the average home price in Markham?

The median home sale price in Markham is $175,000, up 11.1% from last year.

How long do homes stay on market in Markham?

Homes typically spend 77 days on market before going under contract.

Is Markham a buyer's or seller's market?

With 7.5 months of supply, Markham is currently a buyer's market.

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