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Featured local agent — Carmody Hills-Pepper Mill Village, MD
Sarah Mitchell
Compass Real Estate · Carmody Hills-Pepper Mill Village, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carmody Hills-Pepper Mill Village, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$400,000median sale price
How is the Carmody Hills-Pepper Mill Village, MD housing market right now?
The median home sale price in Carmody Hills-Pepper Mill Village, MD is $400,000, up 20.3% year-over-year. Homes sell in an average of 34 days with 12 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Carmody Hills-Pepper Mill Village a buyer's or seller's market?
Carmody Hills-Pepper Mill Village, MD is currently a balanced market, based on 4.0 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
34
Average pace
Active listings
12
4.0 months supply
Sale-to-list
100.8%
Above asking
What does the Carmody Hills-Pepper Mill Village housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $400,000 |
| Median list price | $290,000 |
| Year-over-year price change | +20.3% |
| Average days on market | 34 days |
| Active inventory | 12 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $284/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 3 |
| Listings with a price cut | 25.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Carmody Hills-Pepper Mill Village by property type?
How the Carmody Hills-Pepper Mill Village, MD market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $400,000 | $284/sq ft | 3 | 34 days |
| Townhouse | $417,500 | $249/sq ft | 1 | 172 days |
Source: Redfin · Updated monthly
The Carmody Hills-Pepper Mill Village housing market is currently classified as a balanced market with a median sale price of $400,000. Prices have risen 20.3% compared to last year, with homes spending an average of 34 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Carmody Hills-Pepper Mill Village
There are currently 12 homes listed for sale in Carmody Hills-Pepper Mill Village, Maryland. The median listing price is $290K.
Active listings
12
Homes on market
Median list price
$290K
Avg. days on market
34
Days until sale
New this week
3
Newly listed
What are homes worth in Carmody Hills-Pepper Mill Village?
Zillow home value
$358,136
Source: Zillow Research
Which cities are near Carmody Hills-Pepper Mill Village, MD?
Want a head-to-head view? Compare Carmody Hills-Pepper Mill Village side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Carmody Hills-Pepper Mill Village?
The median home sale price in Carmody Hills-Pepper Mill Village is $400,000, up 20.3% from last year.
How long do homes stay on market in Carmody Hills-Pepper Mill Village?
Homes typically spend 34 days on market before going under contract.
Is Carmody Hills-Pepper Mill Village a buyer's or seller's market?
With 4.0 months of supply, Carmody Hills-Pepper Mill Village is currently a balanced market.
What is the Zillow home value estimate for Carmody Hills-Pepper Mill Village?
The Zillow Home Value Index (ZHVI) for Carmody Hills-Pepper Mill Village is $358,136, representing the typical home value in the area.
How much does a single-family home cost in Carmody Hills-Pepper Mill Village?
The median single-family home price in Carmody Hills-Pepper Mill Village, MD is $400,000 (about $284 per square foot).
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