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The Cornell real estate market saw a slight increase in average selling price in July 2026, reaching $919,115, up 1.02% from $909,834 in June 2026. However, compared to July 2025’s average of $1,045,082, prices were down 12.05% year-over-year.

Average selling prices by property type in July were $1,288,857 for detached homes, $890,000 for semi-detached homes, $914,200 for freehold townhomes, $614,000 for condo apartments, and $539,100 for condo townhomes. These figures provide a snapshot of current market conditions in Cornell and highlight how values are varying across different housing types.

The Cornell real estate market experienced a slight adjustment in June 2026, with the average selling price reaching $909,834, representing a 5.28% decrease from May 2026 and a 19.52% decrease compared to June 2025. Detached homes continued to command the highest average price at $1,272,600, followed by semi-detached homes at $970,600, freehold townhomes at $869,460, condo townhomes at $621,200, and condo apartments at $570,075. While home prices have moderated, Cornell remains one of Markham's most sought-after communities thanks to its excellent schools, parks, and family-friendly amenities. Whether you're thinking about buying, selling, or simply keeping an eye on the local market, understanding these trends can help you make informed real estate decisions. If you'd like to learn what your home is worth or discuss your next move, contact the Susan Taylor Real Estate Group for expert local advice.

Cornell's average home price reached $990,413 in May 2026, a 6.13% decrease from April 2026 and an 8.24% decrease compared to May 2025. Detached homes averaged $1,215,613, semi-detached homes $953,200, freehold townhomes $924,225, condo apartments $500,000, and condo townhomes $620,000, reflecting the variety of housing options available throughout the community.