House Prices

House Prices & Home Values Markham, IL 2026


Average Data

average house price$105,715
average size per house1093 ft²
average price per ft²97 $ / ft²

04/17/2026 - The value range (VR) for house prices in Markham, IL is $93/ sqft to $93/ sqft. An average home with 1093 sqft costs approximately $101,649 to $101,649. Markham, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60428, while the highest are in ZIP 60428. The average price per sqare feet is $97. Our analysis is based on 7 property listings.

Avergage prices by ZIP codes Markham

6042885 $ / ft²




Historical development of home values in Markham

Year Estimated value (USD) Change vs. 2025
2010 $49,096 -53.6%
2011 $47,197 -55.4%
2012 $47,070 -55.5%
2013 $48,830 -53.8%
2014 $51,258 -51.5%
2015 $53,888 -49.0%
2016 $56,701 -46.4%
2017 $59,761 -43.5%
2018 $63,065 -40.3%
2019 $65,989 -37.6%
2020 $69,401 -34.4%
2021 $78,936 -25.3%
2022 $92,021 -13.0%
2023 $97,041 -8.2%
2024 $102,655 -2.9%
2025 $105,715 0.0%

Graph: estimated home values in Markham over time (USD)



Example: 100% financing house in Markham

Loan amount: $105,715

Interest rate: 6.00%

Fixed monthly payment: $633.81

Breakdown in the 1st month:
Interest portion: $528.58  –  Principal portion: $105.24

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $6,307.59 $1,298.19 $104,416.81
2 $6,227.52 $1,378.26 $103,038.55
3 $6,142.51 $1,463.27 $101,575.27
4 $6,052.26 $1,553.52 $100,021.75
5 $5,956.44 $1,649.34 $98,372.41
6 $5,854.71 $1,751.07 $96,621.35
7 $5,746.71 $1,859.07 $94,762.28
8 $5,632.05 $1,973.73 $92,788.54
9 $5,510.31 $2,095.47 $90,693.08
10 $5,381.07 $2,224.71 $88,468.36
11 $5,243.85 $2,361.93 $86,106.44
12 $5,098.17 $2,507.61 $83,598.83
13 $4,943.51 $2,662.27 $80,936.56
14 $4,779.31 $2,826.47 $78,110.09
15 $4,604.97 $3,000.80 $75,109.29
16 $4,419.89 $3,185.89 $71,923.40
17 $4,223.39 $3,382.38 $68,541.02
18 $4,014.78 $3,591.00 $64,950.01
19 $3,793.29 $3,812.49 $61,137.52
20 $3,558.14 $4,047.63 $57,089.89
21 $3,308.50 $4,297.28 $52,792.61
22 $3,043.45 $4,562.33 $48,230.28
23 $2,762.05 $4,843.72 $43,386.55
24 $2,463.30 $5,142.47 $38,244.08
25 $2,146.13 $5,459.65 $32,784.43
26 $1,809.39 $5,796.39 $26,988.04
27 $1,451.88 $6,153.90 $20,834.14
28 $1,072.32 $6,533.46 $14,300.68
29 $669.35 $6,936.43 $7,364.25
30 $241.53 $7,364.25 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Markham, IL


1500 sqft3900 sqft
Ø selling price$176,055$374,518
Ø fast selling$160,050$337,066
Ø high price sale$192,061$411,969

In 2026, houses in Markham, IL will be offered at an average price of $97 per square foot. A 1,500 sqft home priced at $176,055 is 20.91% more expensive per square foot than a 3,900 sqft home priced at $374,518. Home prices in Markham, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $259,282. Sellers who can wait longer may achieve a higher price of up to $316,899.


Discover Markham, IL

Located in Cook County, Markham, IL is a welcoming city within the Chicago Southland known for its convenient access and community spirit.
Residents and visitors value the city?s blend of residential neighborhoods, local businesses, and green spaces. As part of the broader Chicago metropolitan area, Markham offers proximity to major employers, entertainment, and regional amenities.

Location and Transportation

The city?s strategic location near the interchange of I-57 and I-294 makes commuting and logistics efficient throughout northeastern Illinois. Public transit connections and nearby Metra stations provide additional options for traveling to downtown Chicago and surrounding suburbs. For drivers and freight, access to major corridors supports both daily travel and regional commerce.

Community, Parks, and Business

Markham?s neighborhoods are supported by local schools, parks, and recreation programs that foster year-round community events. Nature enthusiasts appreciate prairie habitats and nature preserves in the area, offering trails, birding, and seasonal wildflowers. Affordable real estate, a diverse population, and a business-friendly mindset make Markham, Illinois an attractive place to live and invest. Whether you are exploring retail opportunities, seeking a suburban home base, or planning a visit, Markham delivers small-city convenience with metropolitan connectivity.



FAQ – Home Values in Markham

What is the median home value in Markham in 2026?

In 2026, the typical home value in Markham is about $105,715 for an average home size of 1093 square feet. This corresponds to an average price of roughly $97 per square foot.

What is the average cost per square foot in Markham?

In 2026, homes in Markham sell for an average of around $97 per square foot, with a typical range between $93 and $93 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Markham is about 1093 square feet, with an estimated 2026 value around $105,715.



Locations close to Markham, IL

Hazel Crest, IL44 $ / ft²
Homewood, IL68 $ / ft²
Joliet, IL124 $ / ft²
Harvey, IL60 $ / ft²
Glenwood, IL126 $ / ft²
Gardner, IL99 $ / ft²
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