Albert Hallivis
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Olney, MD Neighborhood Real Estate Analysis

History

Originally known as Mechanicsville, the village which became Olney was established in 1800. The area was mostly farmland, but it soon began attracting artisans. Early residents Sarah Brooke and Dr. Charles Farquhar were devotees of the English poet William Cowper, and named their home after the poet’s hometown. The area was in turn named for their home, which still stands and is known as the Olney House.

The Brooke family held the largest tracts of land in Olney, whose central village was at the intersection of the Rockville to Baltimore road, and the one which connected Washington with Westminster, Maryland, to the north. The Quaker community in Sandy Spring thrived just to Olney’s east. The Sandy Spring Museum is a historical museum featuring educational programs and displays. St. John’s Episcopal Church was established in 1842 and survives to this day.

After the siege of Washington by the British in 1814 during the War of 1812, President Madison and his family passed through Olney en route to taking refuge in the neighboring town of Brookeville. Although not as involved in the Civil War as areas of Maryland to the west, Olney residents still experienced the tug-of-war between loyalty to the plantation economy of the South and to the Federal government in Maryland’s midst.

Geography

As an unincorporated area, Olney’s boundaries are not officially defined. The United States Census Bureau defines a Census-Designated Place of Olney centered at 39°9′ North and 77°5′ West. It has a total area of 13.0 square miles (34 km2). None of the area is covered with water.

Olney’s town center sits at the intersection of state route 97 (Georgia Ave.) and route 108 (Olney-Laytonsville Road). The town, larger than any other in the neighboring areas, lies south of Brookeville, west of Sandy Spring, east of Rockville and north of Aspen Hill.

Demographics

At the 2000 census[1], there were 31,438 people, 10,274 households, and 8,650 families residing in the area. The population density is 2,420.1 people per square mile (934.4/km²). There are 10,415 housing units at an average density of 801.7 per square mile (309.6/km²). The racial makeup of the area is 79.04% White, 8.78% African American, 8.03% Asian, 5.01% Hispanic or Latino, and 0.48% Native American.

There are 10,274 households, of which 49.1% have children under the age of 18 living with them, 71.4% are married couples living together, 10.2% have a female householder with no husband present, and 15.8% are non-families. The average household size is 3.04 and the average family size is 3.34.

31.2% of residents are under the age of 18, 5.6% from 18 to 24, 29.9% from 25 to 44, 26.9% from 45 to 64, and 6.4% 65 years of age or older. The median age is 37 years. For every 100 females there are 93.5 males.

According to a 2007 estimate,[2] the median household income is $116,319, and the median family income is $126,849. Males have a median income of $69,911 versus $45,818 for females. The per capita income for the area is $35,267. 2.6% of the population and 1.9% of families are below the poverty line.

Recreational facilities

Soccer at Freeman Fields

Playgrounds, playing fields and courts are available throughout Olney and the surrounding area. Many of the parks are public and some belong to homeowners or other private associations. Public parks include Olney Manor Park (featuring the Olney Swim Center, a year-round indoor public pool), Southeast Olney Park, Longwood Park, Cherrywood Park, Bowie Mill Park, and the OBGC Park at Freeman Fields.

Olney is also home to a private country club and a golf driving range.

Find out more information about Olney Maryland by visiting http://en.wikipedia.org/wiki/Olney,_Maryland

Olney Real Estate Market Stats

Average Home Values

Price Distribution


Home Averages

$422,000 Average Price
1,808Avg Home Size
1985Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $453,500 $180,100
Median Single Family Home Value $537,500 $179,700
Median Condo Value $316,500 $186,100
Median 3-Bedroom Home Value $372,500 $173,800
Median 4-Bedroom Home Value $531,300 $292,500
Percent Homes Decreasing 44.1% 32.1%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $241 $115
Median List Price 0 0
Median Sale Price $422,000 $218,900
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,005 $2,116
Turnover (Sold Within Last Yr.) 3.7% 4%
Median Value Per Sq Ft 0 0
1-Yr. Change -1.8% 3.3%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Local vs National Demographics

 LocalNational
Median Household Income 94,818 44,512
Single Males 11.1% 14.6%
Single Females 10.6% 12.5%
Median Age 34 36
Homes With Kids 48.7% 31.4%
Average Household Size 3 2
Average Commute Time (Minutes) 36 26

Olney Real Estate Listings

Active Listings in Olney

3142 SAINT FLORENCE TER Olney, MD 20832
Photo of 3142 SAINT FLORENCE TER, Olney, MD 20832 (MLS # MC8695535)
3 beds 4 baths 2,128 sqft $409,000
17821 BUEHLER RD, Unit 1-F-5 Olney, MD 20832
Photo of 17821 BUEHLER RD, Unit 1-F-5, Olney, MD 20832 (MLS # MC8708891)
2 beds 2 baths 897 sqft $151,900
17715 LITTLE HAVEN LN Olney, MD 20832
Photo of 17715 LITTLE HAVEN LN, Olney, MD 20832 (MLS # MC8708696)
5 beds 5 baths 2,498 sqft $599,900
18218 FOX CHASE CIR Olney, MD 20832
Photo of 18218 FOX CHASE CIR, Olney, MD 20832 (MLS # MC8692213)
3 beds 3 baths 1,674 sqft $349,900
19116 BLOOMFIELD RD Olney, MD 20832
Photo of 19116 BLOOMFIELD RD, Olney, MD 20832 (MLS # MC8707364)
3 beds 3 baths $449,000
4419 FISHERMANS CT Olney, MD 20832
Photo of 4419 FISHERMANS CT, Olney, MD 20832 (MLS # MC8706986)
3 beds 3 baths $335,000
4016 EVANGELINE TER Olney, MD 20832
Photo of 4016 EVANGELINE TER, Olney, MD 20832 (MLS # MC8703193)
4 beds 4 baths $610,000
4510 JENNER CT Olney, MD 20832
Photo of 4510 JENNER CT, Olney, MD 20832 (MLS # MC8705239)
3 beds 1 bath $279,900
17984 DUMFRIES CIR Olney, MD 20832
Photo of 17984 DUMFRIES CIR, Olney, MD 20832 (MLS # MC8704757)
3 beds 4 baths $409,999
18017 VINTAGE RIVER TER, Unit 155 Olney, MD 20832
Photo of 18017 VINTAGE RIVER TER, Unit 155, Olney, MD 20832 (MLS # MC8702676)
3 beds 3 baths 1,407 sqft $237,500
17216 MACDUFF AVE Olney, MD 20832
Photo of 17216 MACDUFF AVE, Olney, MD 20832 (MLS # MC8693837)
4 beds 4 baths $599,000
2913 CLOVERCREST WAY Olney, MD 20832
Photo of 2913 CLOVERCREST WAY, Olney, MD 20832 (MLS # MC8700611)
3 beds 3 baths 2,046 sqft $409,900
133 BRIMSTONE ACADEMY CT Olney, MD 20832
Photo of 133 BRIMSTONE ACADEMY CT, Olney, MD 20832 (MLS # MC8699904)
6 beds 6 baths 5,200 sqft $1,879,995
32002 SPARTAN RD, Unit 1-D-3 Olney, MD 20832
Photo of 32002 SPARTAN RD, Unit 1-D-3, Olney, MD 20832 (MLS # MC8699302)
2 beds 2 baths 880 sqft $149,900
18614 SUFFOLKSVILLE PL Olney, MD 20832
Photo of 18614 SUFFOLKSVILLE PL, Olney, MD 20832 (MLS # MC8698656)
3 beds 4 baths $489,000
18904 ROLLING ACRES WAY Olney, MD 20832
Photo of 18904 ROLLING ACRES WAY, Olney, MD 20832 (MLS # MC8698389)
4 beds 3 baths $379,990
3247 SAINT FLORENCE TER Olney, MD 20832
Photo of 3247 SAINT FLORENCE TER, Olney, MD 20832 (MLS # MC8697727)
3 beds 3 baths $334,900
17208 BLOSSOM VIEW DR Olney, MD 20832
Photo of 17208 BLOSSOM VIEW DR, Olney, MD 20832 (MLS # MC8692621)
4 beds 4 baths $550,000
18416 OXFORDSHIRE TER Olney, MD 20832
Photo of 18416 OXFORDSHIRE TER, Olney, MD 20832 (MLS # MC8694750)
3 beds 4 baths 2,832 sqft $474,900
4502 RANDOM RIDGE CIR Olney, MD 20832
Photo of 4502 RANDOM RIDGE CIR, Olney, MD 20832 (MLS # MC8690571)
4 beds 4 baths $799,000
4133 BRIARS RD Olney, MD 20832
Photo of 4133 BRIARS RD, Olney, MD 20832 (MLS # MC8690758)
4 beds 4 baths 3,000 sqft $674,999
3315 BUEHLER CT, Unit 115 Olney, MD 20832
Photo of 3315 BUEHLER CT, Unit 115, Olney, MD 20832 (MLS # MC8689552)
3 beds 4 baths 2,040 sqft $292,400
18503 GRAPEVINE WAY Olney, MD 20832
Photo of 18503 GRAPEVINE WAY, Olney, MD 20832 (MLS # MC8688599)
2 beds 3 baths 2,002 sqft $384,900
2706 LINDENWOOD DR Olney, MD 20832
Photo of 2706 LINDENWOOD DR, Olney, MD 20832 (MLS # MC8687313)
4 beds 3 baths 3,086 sqft $539,900
18257 LEMAN LAKE DR, Unit 605 Olney, MD 20832
Photo of 18257 LEMAN LAKE DR, Unit 605, Olney, MD 20832 (MLS # MC8676937)
2 beds 2 baths 1,032 sqft $209,000
2518 SUTCLIFF TER Olney, MD 20832
Photo of 2518 SUTCLIFF TER, Olney, MD 20832 (MLS # MC8683743)
3 beds 3 baths 2,820 sqft $438,900
3335 TIDEWATER CT, Unit C-3 Olney, MD 20832
Photo of 3335 TIDEWATER CT, Unit C-3, Olney, MD 20832 (MLS # MC8683413)
3 beds 4 baths 1,680 sqft $289,900
3540 TODDSBURY LN Olney, MD 20832
Photo of 3540 TODDSBURY LN, Olney, MD 20832 (MLS # MC8663163)
4 beds 4 baths $559,800
4904 TOTHILL DR Olney, MD 20832
Photo of 4904 TOTHILL DR, Olney, MD 20832 (MLS # MC8680974)
3 beds 4 baths $469,000
18256 WICKHAM RD Olney, MD 20832
Photo of 18256 WICKHAM RD, Olney, MD 20832 (MLS # MC8680727)
4 beds 4 baths 4,130 sqft $759,000

Sold Listings in Olney

4808 Willow Stead Dr Olney, MD 20832
3 beds 4 baths $192,596
3819 Old Baltimore Dr #93 Olney, MD 20832
Photo of 3819 Old Baltimore Dr #93, Olney, MD 20832 (MLS # MC8677600)
3 beds 3 baths $313,500
3435 Bantry Way Olney, MD 20832
Photo of 3435 Bantry Way, Olney, MD 20832 (MLS # MC8669043)
3 beds 3 baths $298,000
18545 Queen Elizabeth Dr Olney, MD 20832
Photo of 18545 Queen Elizabeth Dr, Olney, MD 20832 (MLS # MC8666616)
4 beds 3 baths $475,900
18246 Fox Chase Cir Olney, MD 20832
Photo of 18246 Fox Chase Cir, Olney, MD 20832 (MLS # MC8664118)
3 beds 4 baths $344,000
16231 Batchellors Forest Rd Olney, MD 20832
Photo of 16231 Batchellors Forest Rd, Olney, MD 20832 (MLS # MC8663521)
3 beds 2 baths 1,599 sqft $400,000
2802 Abbey Manor Cir Olney, MD 20832
Photo of 2802 Abbey Manor Cir, Olney, MD 20832 (MLS # MC8661182)
4 beds 4 baths 3,343 sqft $645,000
18549 Queen Elizabeth Dr Olney, MD 20832
Photo of 18549 Queen Elizabeth Dr, Olney, MD 20832 (MLS # MC8662654)
4 beds 3 baths 2,180 sqft $505,000
3004 Peebles Ct Olney, MD 20832
Photo of 3004 Peebles Ct, Olney, MD 20832 (MLS # MC8659789)
3 beds 3 baths $400,000
17904 Overwood Dr Olney, MD 20832
Photo of 17904 Overwood Dr, Olney, MD 20832 (MLS # MC8655895)
3 beds 3 baths $325,000
17810 Buehler Rd #3-C-4 Olney, MD 20832
Photo of 17810 Buehler Rd #3-C-4, Olney, MD 20832 (MLS # MC8658575)
3 beds 2 baths $151,000
16925 Cashell Rd Olney, MD 20832
Photo of 16925 Cashell Rd, Olney, MD 20832 (MLS # MC8654719)
4 beds 3 baths $405,074
18001 Overwood Dr Olney, MD 20832
Photo of 18001 Overwood Dr, Olney, MD 20832 (MLS # MC9008241)
4 beds 3 baths $485,000
17755 Chipping Ct Olney, MD 20832
Photo of 17755 Chipping Ct, Olney, MD 20832 (MLS # MC9008297)
3 beds 4 baths 1,540 sqft $370,000
17513 Longview Ln Olney, MD 20832
Photo of 17513 Longview Ln, Olney, MD 20832 (MLS # MC9008192)
4 beds 4 baths $337,000
3905 Cherry Valley Dr Olney, MD 20832
Photo of 3905 Cherry Valley Dr, Olney, MD 20832 (MLS # MC8638243)
4 beds 4 baths 3,704 sqft $580,000
18009 Vintage River Ter #151 Olney, MD 20832
Photo of 18009 Vintage River Ter #151, Olney, MD 20832 (MLS # MC8632268)
2 beds 3 baths 1,400 sqft $220,000
2905 Clovercrest Way Olney, MD 20832
Photo of 2905 Clovercrest Way, Olney, MD 20832 (MLS # MC9006238)
3 beds 4 baths $410,000
17900 Danube Ln Olney, MD 20832
Photo of 17900 Danube Ln, Olney, MD 20832 (MLS # MC8639712)
4 beds 4 baths $539,900
10 Megans Ct Olney, MD 20832
Photo of 10 Megans Ct, Olney, MD 20832 (MLS # MC8630110)
5 beds 4 baths 4,032 sqft $640,000
3206 Spartan Rd #17 Olney, MD 20832
Photo of 3206 Spartan Rd #17, Olney, MD 20832 (MLS # MC8638498)
4 beds 2 baths 1,252 sqft $150,000
4100 Sandcastle Ln Olney, MD 20832
Photo of 4100 Sandcastle Ln, Olney, MD 20832 (MLS # MC8625622)
4 beds 4 baths $547,500
18239 Fox Chase Cir Olney, MD 20832
Photo of 18239 Fox Chase Cir, Olney, MD 20832 (MLS # MC8638702)
2 beds 4 baths $320,000
5 Morningwood Ct Olney, MD 20832
Photo of 5 Morningwood Ct, Olney, MD 20832 (MLS # MC8632758)
4 beds 3 baths 2,208 sqft $530,000
16808 Centerfield Way Olney, MD 20832
Photo of 16808 Centerfield Way, Olney, MD 20832 (MLS # MC8636823)
4 beds 4 baths $379,000
17137 Moss Side Ln #13 Olney, MD 20832
Photo of 17137 Moss Side Ln #13, Olney, MD 20832 (MLS # MC8636908)
3 beds 2 baths 1,240 sqft $310,000
3509 Singers Glen Dr Olney, MD 20832
Photo of 3509 Singers Glen Dr, Olney, MD 20832 (MLS # MC8634231)
5 beds 5 baths $565,000
18111 Queen Elizabeth Dr Olney, MD 20832
Photo of 18111 Queen Elizabeth Dr, Olney, MD 20832 (MLS # MC8633456)
4 beds 4 baths 2,732 sqft $528,000
18213 Fox Chase Cir Olney, MD 20832
Photo of 18213 Fox Chase Cir, Olney, MD 20832 (MLS # MC8633889)
3 beds 4 baths $362,000
17811 Buehler Rd #2-D-3 Olney, MD 20832
Photo of 17811 Buehler Rd #2-D-3, Olney, MD 20832 (MLS # MC8632931)
2 beds 2 baths 880 sqft $149,900

Walk Score for Olney



Olney School Data

Olney School Districts

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Olney Schools

Rosa M. Parks Middle School
6-8, public
Belmont Elementary School
K-5, public
Olney Elementary School
K-5, public
William H. Farquhar Middle School
6-8, public
Brooke Grove Elementary School
PK-5, public
St. John’s Episcopal School
PK-8, private
http://www.stjes.org
Washington Christian Academy
K-12, private
http://www.washingtonchristian.org
Our Lady Of Good Counsel High School
9-12, private
St Peter’s School
PK-8, private
The Julia Brown Montessori Schools
PK-3, private
Olney Adventist Preparatory
K-8, private
Oakdale Christian Academy
K, private