diff --git a/package/python-markdown/python-markdown.hash b/package/python-markdown/python-markdown.hash
index 21f0c28bac..9a452bb4f7 100644
--- a/package/python-markdown/python-markdown.hash
+++ b/package/python-markdown/python-markdown.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/markdown/json
-md5  1bd2746a8f32643f151991719fe7faf9  Markdown-3.5.1.tar.gz
-sha256  b65d7beb248dc22f2e8a31fb706d93798093c308dc1aba295aedeb9d41a813bd  Markdown-3.5.1.tar.gz
-# Locally computed sha256
-sha256  6f1193cb634718e65c3a537d6e25ebd614820ec0ef693cfc12248112638d64da  LICENSE.md
+md5  de4cdc6db368c7386f733d6dd8c858b1  markdown-3.7.tar.gz
+sha256  2ae2471477cfd02dbbf038d5d9bc226d40def84b4fe2986e49b59b6b472bbed2  markdown-3.7.tar.gz
+# Locally computed sha256 checksums
+sha256  7ba4eb6d10b32b2d11dce13821340351cdbbb30ba8ccc67841db2ffd86e79aca  LICENSE.md
diff --git a/package/python-markdown/python-markdown.mk b/package/python-markdown/python-markdown.mk
index b491660f24..4cacee24f8 100644
--- a/package/python-markdown/python-markdown.mk
+++ b/package/python-markdown/python-markdown.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_MARKDOWN_VERSION = 3.5.1
-PYTHON_MARKDOWN_SOURCE = Markdown-$(PYTHON_MARKDOWN_VERSION).tar.gz
-PYTHON_MARKDOWN_SITE = https://files.pythonhosted.org/packages/35/14/1ec9742e151f3b06a723a20d9af7201a389ebd3aae8b7d93b521819489dc
+PYTHON_MARKDOWN_VERSION = 3.7
+PYTHON_MARKDOWN_SOURCE = markdown-$(PYTHON_MARKDOWN_VERSION).tar.gz
+PYTHON_MARKDOWN_SITE = https://files.pythonhosted.org/packages/54/28/3af612670f82f4c056911fbbbb42760255801b3068c48de792d354ff4472
 PYTHON_MARKDOWN_LICENSE = BSD-3-Clause
 PYTHON_MARKDOWN_LICENSE_FILES = LICENSE.md
 PYTHON_MARKDOWN_SETUP_TYPE = setuptools