Housing in Markham, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$185,900

Median List Price

$169,000

Price Per Sq Ft

$160

Days on Market

124

Active Inventory

75

Months of Supply

9.4

Buyer's market

Zillow Home Value

$143,109

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 45.8%List Price 5.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Off Market in 2 Weeks

20.0%

Sale-to-List Ratio

99.8%

Buyer's market

Sold Above Asking
50.0%
Under Contract in 2 Wks
20.0%
Listings with Price Drops
17.3%

Market Activity

Source: Redfin

Homes Sold

8

New Listings

23

Pending Sales

20

Homes Sold 52.9%New Listings 27.8%Pending 16.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$160

Median List $/SF

$135

Sale $/SF 36.8%List $/SF 8.9%Mar 24Jan 26

Markham vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Markham is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$119,500

Median Rent

$1,689

Total Housing Units

4,257

Vacancy Rate

11.8%

Owner Occupied

72.0%

Renter Occupied

28.0%

Median Property Tax

$3,667

per year

Monthly Cost (w/ Mortgage)

$1,088

Housing Types

Single Family
97.9%
Multi-Family
2.1%
Mobile Home
0.0%

The current median sale price in Markham, IL is $185,900 according to Redfin data. Homes spend a median of 124 days on the market. 50.0% of homes sold above asking price. The market has 9.4 months of supply. The median price per square foot is $160. The median rent is $1,689 per month (Census ACS). About 72.0% of housing units are owner-occupied. The median year homes were built is 1963. There are 4,257 total housing units.