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Olney

Why you'd want to live in Olney

Olney is a U.S. census-designated place and an unincorporated area in Montgomery County, Maryland. It is located in the north central part of the county, ten miles (16 km) north of Washington, D.C. Olney was largely agricultural until the 1960s, when growth of Washington, D.C.'s suburbs led to its conversion into a mostly residential area. It has a total population of 35,820 as of the 2020 United States census.[1] In 2013 it was ranked #22 in Money magazine's "top-earning towns" edition of "America's Best Places to Live."[2] In 2007, Olney ranked #17 on Money magazine's list of the 100 best places to live in the U.S.

Olney Market Report

$600,475

AVERAGE PRICE OF 60 HOMES

$105,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,761,633

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$749,450

AVERAGE PRICE OF 2 HOMES WITH A POOL

$462,450

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $600,475
Avg Bedrooms 3.3 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

2 bedrooms $262,250
3 bedrooms $464,509
4 bedrooms $700,895
5 bedrooms $767,462
Olney Home Price Trends
  8/2022 7/2022 6/2022 5/2022 4/2022
Total Listings 54 57 n/a n/a n/a
Average Price $590,667 $613,321 n/a n/a n/a
Avg Price Change -3.84% n/a n/a n/a n/a
Median Price $562,783 $589,960 n/a n/a n/a
Med Price Change -4.83% n/a n/a n/a n/a
Avg Bedrooms 3.31 beds 3.37 beds n/a n/a n/a
Avg Bathrooms 3.01 baths 3.12 baths n/a n/a n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Col. Zadok A. Magruder 1 $730,000 30 days
Col. Zadok Magruder 3 $554,966 59 days
James Hubert Blake 5 $560,000 142 days
Sherwood 34 $590,080 35 days
Total Homes Average Price Avg Days on Site
All Homes 60 $600,475 54 days
Distressed Homes 1 $105,000 2 days
Multi-Million Dollar Homes 3 $1,761,633 230 days
Homes with a Pool 2 $749,450 49 days
Reduced Price Homes 2 $462,450 41 days