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Featured local agent — Peppermill Village, MD
Sarah Mitchell
Compass Real Estate · Peppermill Village, MD
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Peppermill Village, MD Housing Market & Real Estate
Housing market overview · Updated monthly ·
$400,000median sale price
How is the Peppermill Village, MD housing market right now?
The median home sale price in Peppermill 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 Peppermill Village a buyer's or seller's market?
Peppermill 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 Peppermill 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 Peppermill Village by property type?
How the Peppermill 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 Peppermill 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 Peppermill Village
There are currently 12 homes listed for sale in Peppermill 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
Who lives in Peppermill Village?
Population
5,268
Median income
$89,375/yr
Median age
40.5 years
Owner-occupied
82.1%
College grads
23.7%
Avg commute
39.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Peppermill Village?
Peppermill Village is a community of approximately 5K residents with a median age of 40.5 years.The median household income is $89,375, which reflects a relatively affluent area with strong earning potential. 23.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 39.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Peppermill Village offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Peppermill Village, MD?
Want a head-to-head view? Compare Peppermill 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 Peppermill Village?
The median home sale price in Peppermill Village is $400,000, up 20.3% from last year.
How long do homes stay on market in Peppermill Village?
Homes typically spend 34 days on market before going under contract.
What is the median income in Peppermill Village?
The median household income is $89,375 per year.
Is Peppermill Village a buyer's or seller's market?
With 4.0 months of supply, Peppermill Village is currently a balanced market.
How much does a single-family home cost in Peppermill Village?
The median single-family home price in Peppermill Village, MD is $400,000 (about $284 per square foot).
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