Pepper Pike, OH housing market
The typical Pepper Pike home is worth about $730,000, up 5.1% in a year, 193% above the Ohio typical home. Homes typically sell in 26 days, a little above asking.
Home values, sales, trends and how Pepper Pike compares with the towns next door — updated as new data is published.
Pepper Pike at a glance
A seller's market
Supply is tight — about 3.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Pepper Pike | Ohio |
|---|---|---|
| 2017 | $451,000 | $133,000 |
| 2018 | $457,000 | $141,000 |
| 2019 | $474,000 | $150,000 |
| 2020 | $480,000 | $158,000 |
| 2021 | $516,000 | $178,000 |
| 2022 | $566,000 | $195,000 |
| 2023 | $603,000 | $211,000 |
| 2024 | $637,000 | $224,000 |
| 2025 | $675,000 | $237,000 |
| 2026 | $709,000 | $245,000 |
| August 2026 | $730,000 | $249,000 |
11 new homes permitted in 2025
Builders were permitted 11 new homes in Pepper Pike in 2025, all single-family houses, worth about $9.7 million to build. That's 1.6 per 1,000 residents, slower than across Ohio (3.3). Over the past 10 years, Pepper Pike has permitted 292 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Pepper Pike gained 817 residents while 324 new homes were permitted: about 2.5 new residents per new home. Building and growth moved roughly in step. Across Ohio: 1.3 new residents per new home.
How Pepper Pike ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 7 | 7 | 0 | $8.6 million |
| 2025 | 11 | 11 | 0 | $9.7 million |
| 2024 | 37 | 37 | 0 | $22.4 million |
| 2023 | 13 | 13 | 0 | $11.9 million |
| 2022 | 20 | 20 | 0 | $16.6 million |
| 2021 | 22 | 22 | 0 | $12.9 million |
| 2020 | 32 | 32 | 0 | $15.2 million |
| 2019 | 57 | 53 | 4 | $17 million |
| 2018 | 20 | 20 | 0 | $11.3 million |
| 2017 | 54 | 54 | 0 | $28.1 million |
| 2016 | 26 | 26 | 0 | $12.3 million |
| 2015 | 10 | 10 | 0 | $8.3 million |
| 2014 | 25 | 25 | 0 | $14 million |
| 2013 | 27 | 27 | 0 | $13.6 million |
| 2012 | 49 | 14 | 35 | $11.6 million |
| 2011 | 42 | 10 | 32 | $8.4 million |
| 2010 | 14 | 9 | 5 | $4.5 million |
| 2009 | 6 | 6 | 0 | $4.7 million |
| 2008 | 15 | 11 | 4 | $6.6 million |
| 2007 | 15 | 15 | 0 | $8.9 million |
| 2006 | 29 | 29 | 0 | $13.3 million |
| 2005 | 20 | 20 | 0 | $9.8 million |
| 2004 | 6 | 6 | 0 | $3.7 million |
| 2003 | 8 | 8 | 0 | $3.5 million |
| 2002 | 1 | 1 | 0 | $500,000 |
| 2001 | 6 | 6 | 0 | $2.8 million |
| 2000 | 5 | 5 | 0 | $6.8 million |
How Pepper Pike ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Pepper Pike and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Pepper Pike | $730K | +5.1% | $1,480 | 11 | $227,813 |
| Beachwood | $505K | +5.5% | $1,840 | 12 | $106,748 |
| Moreland Hills | $778K | +9% | $1,850 | 16 | $185,592 |
| Hunting Valley | $1.77M | +9.2% | $1,850 | 3 | $187,200 |
| Orange | $576K | +5.5% | $1,850 | 37 | $170,063 |
| Woodmere | $351K | +3.9% | $1,840 | 0 | $57,115 |
3.2 years of income
The typical Pepper Pike home costs about 3.2 years of the town's median household income, about the same as across Ohio (3.5).
How Pepper Pike 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 $1,480
HUD's Fair Market Rent for a two-bedroom in Pepper Pike is $1,480 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Pepper Pike pay a median of $3,501. A two-bedroom takes about 8% of the town's median household income.
Studio $1,080 · 4 bedrooms $2,040
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (44124; Cleveland, OH 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, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.