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Housing in Peppermill Village

32 homes sold in Peppermill Village in the last year, at a typical $367K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Peppermill Village homes are listed.

Homes for sale in Peppermill VillageZillowRedfinRealtor.comMore places to look ↓
Homes sold
32
October 2025 to September 2026
Typical sale price
$367K
median, weighted by sales
Price per square foot
$273
Maryland $226
Paid vs. asking
98.6%
35% sold over asking
For sale now
19
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 76% of Peppermill Village’s sales, at a typical $355K (year to May 2026)

32 homes sold in the year to September 2026.

Houses$355K

typical sale · 29 sold in the year to May 2026

Per square foot
$309MD $239
Days to sell
59
Sold over asking
38%
Listings with a price cut
25%
Fewer sales

Townhouses: 9 sold, typical $422K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.8 times the 2016 price

32 sales in the last year, against 107 in 2018 and a low of 46 in 2025. The typical sale went from $210K in 2016 to $367K.

Homes soldTypical sale price
03775112150$175K$250K$325K$400K2012: 77 sold, typical $118K’122013: 74 sold, typical $143K2014: 70 sold, typical $158K’142015: 61 sold, typical $170K2016: 95 sold, typical $210K’162017: 100 sold, typical $219K2018: 107 sold, typical $226K’182019: 106 sold, typical $252K2020: 89 sold, typical $291K’202021: 75 sold, typical $322K2022: 68 sold, typical $341K’222023: 74 sold, typical $355K2024: 49 sold, typical $359K’242025: 46 sold, typical $380KLast 12 months: 32 sold, typical $367KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $350K buys in Peppermill Village

Houseat $309 a sq ft, year to May 2026
The same money in Marylandat $239 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Peppermill Village homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Peppermill Village are rarer than before the pandemic, but a quarter fewer homes come up for sale

We read every month of Peppermill Village’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 32 sales.

If you’re buying in Peppermill Village

  • Shop in May. It brings about 10 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
  • Bid near asking. Buyers paid 98.6% of the list price on average; 35% paid over.
  • You’ll usually have time. Only 26% of homes go under contract within two weeks; the typical one takes 51 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

April has the most new listings (about 10 a month), but June is the most competitive: 55% of June sales close over asking. May offers nearly as much choice with fewer homes bid up (31%). November has the least competition (24%).

New listings a monthShare sold over asking
03.87.511.31520%40%60%Sweet spotJan: 7 new listings a month, 32% sold over asking, 50 days to sellJFeb: 8 new listings a month, 41% sold over asking, 50 days to sellFMar: 8 new listings a month, 49% sold over asking, 41 days to sellMApr: 10 new listings a month, 42% sold over asking, 41 days to sellAMay: 10 new listings a month, 31% sold over asking, 34 days to sellMJun: 9 new listings a month, 55% sold over asking, 20 days to sellJJul: 9 new listings a month, 52% sold over asking, 30 days to sellJAug: 8 new listings a month, 49% sold over asking, 33 days to sellASep: 7 new listings a month, 41% sold over asking, 28 days to sellSOct: 7 new listings a month, 36% sold over asking, 43 days to sellONov: 7 new listings a month, 24% sold over asking, 51 days to sellNDec: 6 new listings a month, 42% sold over asking, 47 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Maryland as a whole

Peppermill Village now2017–192021 peakMD now
Sold over askingShare of sales that closed above the list price35%40%65%32%
Gone within two weeksShare of homes under contract within 14 days26%31%64%40%
Price paid vs. askingAverage sale price ÷ list price98.6%101%102.4%99.7%
Days to sellMedian days from listing to contract51352646
Supply

14 homes for sale on a typical day

That’s 1.6 times the 2024 low (9), 23% fewer than in 2017–19 and well under 2012’s 26.

2012: 26 for sale’122013: 20 for sale2014: 19 for sale2015: 17 for sale’152016: 20 for sale2017: 19 for sale2018: 19 for sale’182019: 17 for sale2020: 13 for sale2021: 9 for sale’212022: 12 for sale2023: 10 for sale2024: 9 for sale’242025: 12 for saleLast 12 months: 14 for saleNow

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Peppermill Village home costs about $2,220 a month

Mortgage
Property tax
Insurance
Rent

Price: Peppermill Village’s typical sale, last 12 months. Property tax at Peppermill Village’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Peppermill Village is affordable on local pay is on Cost of living.

Before you buy in Peppermill Village

Six things worth knowing

10

New listings in April

The month with the most choice. December has the fewest, about 6.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $367K home, about $3,660 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Peppermill Village, from test results, graduation and how much students grow.

Schools in Peppermill Village
39 min

Typical commute

The average one-way trip to work for people who live in Peppermill Village.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Maryland Park, Summerfield, Walker Mill, Fairmount Heights and Capitol Heights sell for less a square foot

The busier markets within 25 miles of Peppermill Village, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Walker Mill94$363K$22437%65
Summerfield76$380K$25043%54
Seat Pleasant52$328K$26628%61
Capitol Heights52$331K$22428%53
Peppermill Village32$367K$27335%51
Fairmount Heights25$367K$25824%69
Maryland Park21$364K$20341%44

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Peppermill Village, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Peppermill Village. People who follow the town see it, and so do people comparing Peppermill Village with their own town. No commission, no listing fee.

Questions about buying a home in Peppermill Village

What do homes sell for in Peppermill Village, MD?

32 homes sold in the year to September 2026 at a typical $367K, $273 a square foot.

Is Peppermill Village a buyer’s or seller’s market?

A buyer’s market: 19 homes were for sale in September 2026 and 2 sold, about 7 months of supply. Buyers paid 98.6% of asking on average.

When is the best time to buy in Peppermill Village?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Peppermill Village?

About 1% of a home’s value a year. On a $367K home that’s near $3,660.

Where can I see homes for sale in Peppermill Village?

Zillow, Redfin, Realtor.com and Homes.com all carry Peppermill Village’s MLS listings; the search links above open each one filtered to Peppermill Village.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).