Peppermill, MD housing market
The median sale price was $400,000 in May 2026.
Home values, sales, trends and how Peppermill compares with the towns next door — updated as new data is published.
Peppermill at a glance
Only 3 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 40% in 5 years
The federal house price index for the ZIP code around Peppermill rose 40% over the past 5 years, about the same as across Maryland. Last year prices rose 6.1%. Carrying the Census median home value forward with that index puts the typical Peppermill home at roughly $564,000 today.
Show as a table
| Year | Change that year | Since 2000 | Maryland since 2000 |
|---|---|---|---|
| 2025 | +6.1% | +220% | +168% |
| 2024 | +5.2% | +202% | +161% |
| 2023 | +1.6% | +187% | +148% |
| 2022 | +9.8% | +182% | +135% |
| 2021 | +13% | +157% | +110% |
| 2020 | +5.6% | +128% | +92% |
| 2019 | +10% | +116% | +87% |
| 2018 | +5% | +96% | +82% |
| 2017 | +9.7% | +87% | +77% |
| 2016 | +13% | +70% | +72% |
| 2015 | +5% | +51% | +68% |
| 2014 | +10% | +44% | +64% |
| 2013 | +4.9% | +30% | +59% |
| 2012 | −9.5% | +24% | +56% |
| 2011 | −10% | +37% | +59% |
| 2010 | −8.3% | +53% | +66% |
| 2009 | −24% | +67% | +75% |
| 2008 | −4.3% | +120% | +97% |
| 2007 | +7.9% | +130% | +110% |
| 2006 | +21% | +113% | +107% |
| 2005 | +30% | +76% | +84% |
| 2004 | +15% | +35% | +50% |
| 2003 | +6.7% | +18% | +28% |
| 2002 | +6.9% | +10% | +18% |
| 2001 | +3.3% | +3.3% | +7.9% |
| 2000 | — | — | — |
How Peppermill ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 20743, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
Peppermill and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Peppermill | — | +6.1%† | $1,840 | $85,685 |
| Seat Pleasant | $322K | −1.9% | $1,840 | $57,018 |
| Summerfield | — | +1.8%† | $2,010 | $91,007 |
† FHFA price index change, where Zillow has no home value for the town.
4 years of income
The typical Peppermill home costs about 4 years of the town's median household income, about the same as across Maryland (4.1).
How Peppermill ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,840
HUD's Fair Market Rent for a two-bedroom in Peppermill is $1,840 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Peppermill pay a median of $845, so moving in tends to cost more than staying put. A two-bedroom takes about 26% of the town's median household income.
Studio $1,600 · 4 bedrooms $2,730
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (20743; Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.