Market Overview
Home Prices in Markham, VA
The median home value in Markham, VA is $797,223 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.8% compared to a year ago and up 2.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Markham are priced94% above average. Markham is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Markham home values have risen by approximately20.9%, reflecting strong long-term appreciation in this market.
Price History
Markham Home Price Trend
City Comparison
Markham vs. National Median
At $797,223, homes in Markham cost 94% above the national median of $410,000. Buyers in Markham should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Markham?
20% Down Payment
$159,445
on $797,223
Monthly P&I
$4,158/mo
30-yr @ 6.8%
Total Monthly Est.
~$5,281/mo
incl. taxes & insurance
Income Needed
$211,240
gross annual (30% rule)
10% Down Option
$79,722
+ PMI applies
Loan Amount (20% dn)
$637,778
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Markham, VA?
The median home value in Markham is $797,223 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.8% year-over-year.
How much have home prices changed in Markham?
Over the past year, home values in Markham have increased by 4.8%. Over five years, prices have risen approximately 20.9%.
How much do I need to earn to buy a home in Markham?
To comfortably afford the median home price of $797,223 with a 20% down payment ($159,445) at today's rates (6.8%), you'd need a gross annual income of approximately $211,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Markham compare to the national average home price?
The national median home value is approximately $410,000. At $797,223, homes in Markham are 94% above the national average.
What metro area is Markham part of?
Markham is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.