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

$453,000 Average Price
1,808Avg Home Size
1985Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $454,200 $175,600
Median Single Family Home Value $520,400 $175,300
Median Condo Value $298,800 $178,400
Median 3-Bedroom Home Value $370,900 $169,300
Median 4-Bedroom Home Value $519,000 $284,300
Percent Homes Decreasing 24.8% 27.6%
Percent Listing Price Reduction 46.7% 36.7%
Median List Price Per Sq Ft $235 $112
Median List Price $460,000 $215,000
Median Sale Price $453,000 $215,500
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,028 $2,081
Turnover (Sold Within Last Yr.) 4.1% 4%
Median Value Per Sq Ft $241 $120
1-Yr. Change 3.9% 6.6%
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

16801 MACDUFF AVE Olney, MD 20832
Photo of 16801 MACDUFF AVE, Olney, MD 20832 (MLS # MC8463446)
5 beds 4 baths $618,000
1 FIDDLELEAF CT Olney, MD 20832
Photo of 1 FIDDLELEAF CT, Olney, MD 20832 (MLS # MC8462717)
3 beds 3 baths $419,900
4622 WINDING STONE CIR Olney, MD 20832
Photo of 4622 WINDING STONE CIR, Olney, MD 20832 (MLS # MC8460570)
6 beds 4 baths $679,900
16909 CASHELL RD Olney, MD 20832
Photo of 16909 CASHELL RD, Olney, MD 20832 (MLS # MC8460330)
5 beds 5 baths 4,650 sqft $676,000
3708 CHERRY VALLEY DR Olney, MD 20832
Photo of 3708 CHERRY VALLEY DR, Olney, MD 20832 (MLS # MC8459372)
4 beds 4 baths 3,572 sqft $599,000
3252 SAINT AUGUSTINE CT Olney, MD 20832
Photo of 3252 SAINT AUGUSTINE CT, Olney, MD 20832 (MLS # MC8459064)
3 beds 4 baths 2,420 sqft $349,900
17017 GEORGIA AVE Olney, MD 20832
Photo of 17017 GEORGIA AVE, Olney, MD 20832 (MLS # MC8458631)
3 beds 4 baths $850,000
3608 STONEY CASTLE ST Olney, MD 20832
Photo of 3608 STONEY CASTLE ST, Olney, MD 20832 (MLS # MC8457392)
4 beds 3 baths 3,395 sqft $524,900
18254 HICKORY MEADOW DR Olney, MD 20832
Photo of 18254 HICKORY MEADOW DR, Olney, MD 20832 (MLS # MC8457341)
5 beds 4 baths 3,441 sqft $699,990
17624 LONGVIEW LN Olney, MD 20832
Photo of 17624 LONGVIEW LN, Olney, MD 20832 (MLS # MC8456915)
3 beds 3 baths $325,000
Brimstone Academy CT #Homesite 56 Olney, MD 20832
Photo of Brimstone Academy CT #Homesite 56, Olney, MD 20832 (MLS # MC8456750)
4 beds 4 baths 4,932 sqft $1,170,995
2811 THICKETT WAY Olney, MD 20832
Photo of 2811 THICKETT WAY, Olney, MD 20832 (MLS # MC8455517)
3 beds 4 baths $400,000
4125 BRIARS RD Olney, MD 20832
Photo of 4125 BRIARS RD, Olney, MD 20832 (MLS # MC8455623)
4 beds 4 baths 3,709 sqft $775,000
17921 DUMFRIES CIR Olney, MD 20832
Photo of 17921 DUMFRIES CIR, Olney, MD 20832 (MLS # MC8455342)
3 beds 4 baths $425,000
4012 FULFORD ST Olney, MD 20832
Photo of 4012 FULFORD ST, Olney, MD 20832 (MLS # MC8454880)
4 beds 3 baths $449,900
4924 TOTHILL DR Olney, MD 20832
Photo of 4924 TOTHILL DR, Olney, MD 20832 (MLS # MC8454218)
3 beds 4 baths $489,000
18267 LEMAN LAKE DR, Unit 602 Olney, MD 20832
Photo of 18267 LEMAN LAKE DR, Unit 602, Olney, MD 20832 (MLS # MC8454491)
2 beds 2 baths 1,032 sqft $209,900
4842 WALTONSHIRE CIR Olney, MD 20832
Photo of 4842 WALTONSHIRE CIR, Olney, MD 20832 (MLS # MC8451328)
3 beds 4 baths $477,000
17804 BUEHLER RD, Unit 145 Olney, MD 20832
Photo of 17804 BUEHLER RD, Unit 145, Olney, MD 20832 (MLS # MC8451385)
2 beds 1 bath 861 sqft $120,000
19417 TREADWAY RD Olney, MD 20832
Photo of 19417 TREADWAY RD, Olney, MD 20832 (MLS # MC8450285)
4 beds 3 baths 2,700 sqft $495,000
17408 CHEROKEE LN Olney, MD 20832
Photo of 17408 CHEROKEE LN, Olney, MD 20832 (MLS # MC8450437)
5 beds 5 baths $529,900
2 DUTCHESS CT Olney, MD 20832
Photo of 2 DUTCHESS CT, Olney, MD 20832 (MLS # MC8449538)
4 beds 3 baths $475,000
18644 CLOVERCREST CIR Olney, MD 20832
Photo of 18644 CLOVERCREST CIR, Olney, MD 20832 (MLS # MC8448974)
3 beds 3 baths $407,750
18307 LEMAN LAKE DR, Unit 707B Olney, MD 20832
Photo of 18307 LEMAN LAKE DR, Unit 707B, Olney, MD 20832 (MLS # MC8448768)
2 beds 2 baths 1,032 sqft $217,900
17717 LOCHNESS CIR, Unit 61 Olney, MD 20832
Photo of 17717 LOCHNESS CIR, Unit 61, Olney, MD 20832 (MLS # MC8448227)
3 beds 3 baths 2,052 sqft $324,900
17633 PRINCE EDWARD DR Olney, MD 20832
Photo of 17633 PRINCE EDWARD DR, Olney, MD 20832 (MLS # MC8447877)
4 beds 3 baths 3,640 sqft $499,900
4009 CLOVER HILL TER Olney, MD 20832
Photo of 4009 CLOVER HILL TER, Olney, MD 20832 (MLS # MC8446860)
3 beds 4 baths $559,000
3532 FALLING GREEN RD Olney, MD 20832
Photo of 3532 FALLING GREEN RD, Olney, MD 20832 (MLS # MC8447012)
3 beds 3 baths $449,000
4811 TOTHILL DR, Unit 48 Olney, MD 20832
Photo of 4811 TOTHILL DR, Unit 48, Olney, MD 20832 (MLS # MC8444879)
3 beds 3 baths 1 sqft $309,000
3416 FALLING GREEN RD Olney, MD 20832
Photo of 3416 FALLING GREEN RD, Olney, MD 20832 (MLS # MC8443023)
3 beds 3 baths $399,900

Sold Listings in Olney

4421 Winding Oak Dr Olney, MD 20832
Photo of 4421 Winding Oak Dr, Olney, MD 20832 (MLS # MC8428424)
4 beds 4 baths $0
18241 Rolling Meadow Way #38 Olney, MD 20832
Photo of 18241 Rolling Meadow Way #38, Olney, MD 20832 (MLS # MC8421496)
2 beds 2 baths 1,155 sqft $0
4217 Mount Olney Ln Olney, MD 20832
Photo of 4217 Mount Olney Ln, Olney, MD 20832 (MLS # MC8418902)
3 beds 3 baths 2,235 sqft $0
18221 Mehrens Ter Olney, MD 20832
Photo of 18221 Mehrens Ter, Olney, MD 20832 (MLS # MC8418426)
4 beds 3 baths $0
18221 MEHRENS TER Olney, MD 20832
Photo of 18221 MEHRENS TER, Olney, MD 20832 (MLS # MC8418426)
4 beds 3 baths $439,000
4017 Gelding Ln Olney, MD 20832
Photo of 4017 Gelding Ln, Olney, MD 20832 (MLS # MC8414952)
5 beds 3 baths $0
3717 Dellabrooke St Olney, MD 20832
Photo of 3717 Dellabrooke St, Olney, MD 20832 (MLS # MC8408095)
4 beds 3 baths $0
3738 Gelderland Ct Olney, MD 20832
Photo of 3738 Gelderland Ct, Olney, MD 20832 (MLS # MC8407897)
3 beds 3 baths $0
14 Shallow Brook Ct Olney, MD 20832
Photo of 14 Shallow Brook Ct, Olney, MD 20832 (MLS # MC8406161)
4 beds 4 baths 2,802 sqft $0
4104 Horatio Ct Olney, MD 20832
Photo of 4104 Horatio Ct, Olney, MD 20832 (MLS # MC8404600)
5 beds 4 baths $0
18121 Homeland Dr Olney, MD 20832
Photo of 18121 Homeland Dr, Olney, MD 20832 (MLS # MC8403025)
4 beds 4 baths $0
18008 Wagonwheel Ct Olney, MD 20832
Photo of 18008 Wagonwheel Ct, Olney, MD 20832 (MLS # MC8402302)
3 beds 4 baths $0
2710 Lindenwood Dr Olney, MD 20832
Photo of 2710 Lindenwood Dr, Olney, MD 20832 (MLS # MC8401557)
4 beds 4 baths 2,996 sqft $0
18504 Denhigh Cir Olney, MD 20832
Photo of 18504 Denhigh Cir, Olney, MD 20832 (MLS # MC8400591)
5 beds 5 baths $0
4304 Mount Olney Ln Olney, MD 20832
Photo of 4304 Mount Olney Ln, Olney, MD 20832 (MLS # MC8399249)
4 beds 3 baths $0
17811 Buehler Rd #3-D-3 Olney, MD 20832
Photo of 17811 Buehler Rd #3-D-3, Olney, MD 20832 (MLS # MC8397421)
2 beds 2 baths 880 sqft $0
3536 Toddsbury Ln Olney, MD 20832
Photo of 3536 Toddsbury Ln, Olney, MD 20832 (MLS # MC8396042)
4 beds 4 baths 3,192 sqft $0
3044 Ohara Pl Olney, MD 20832
Photo of 3044 Ohara Pl, Olney, MD 20832 (MLS # MC8392455)
4 beds 3 baths $0
4500 Prestwood Dr Olney, MD 20832
Photo of 4500 Prestwood Dr, Olney, MD 20832 (MLS # MC8392294)
4 beds 3 baths 1,957 sqft $0
2917 Clovercrest Way Olney, MD 20832
3 beds 4 baths $0
17971 Dumfries Cir Olney, MD 20832
Photo of 17971 Dumfries Cir, Olney, MD 20832 (MLS # MC8390215)
3 beds 3 baths $0
17815 Buehler Rd #90 Olney, MD 20832
Photo of 17815 Buehler Rd #90, Olney, MD 20832 (MLS # MC8388459)
2 beds 1 bath 861 sqft $0
4221 Sandcastle Ln Olney, MD 20832
Photo of 4221 Sandcastle Ln, Olney, MD 20832 (MLS # MC8388991)
3 beds 3 baths $0
2713 Meadowland Ct Olney, MD 20832
Photo of 2713 Meadowland Ct, Olney, MD 20832 (MLS # MC8387783)
4 beds 4 baths $0
18508 Fiddleleaf Ter Olney, MD 20832
Photo of 18508 Fiddleleaf Ter, Olney, MD 20832 (MLS # MC8383580)
4 beds 4 baths 3,482 sqft $0
18146 Headwaters Dr Olney, MD 20832
Photo of 18146 Headwaters Dr, Olney, MD 20832 (MLS # MC8382662)
4 beds 3 baths $0
17811 Buehler Rd #1-B-1 Olney, MD 20832
Photo of 17811 Buehler Rd #1-B-1, Olney, MD 20832 (MLS # MC8381782)
1 bed 1 bath 719 sqft $0
9 Thornhurst Ct Olney, MD 20832
Photo of 9 Thornhurst Ct, Olney, MD 20832 (MLS # MC8380783)
4 beds 3 baths 2,948 sqft $0
18304 Commandery Way Olney, MD 20832
Photo of 18304 Commandery Way, Olney, MD 20832 (MLS # MC8381513)
4 beds 4 baths 3,778 sqft $0
17844 Shotley Bridge Pl Olney, MD 20832
Photo of 17844 Shotley Bridge Pl, Olney, MD 20832 (MLS # MC8380609)
3 beds 3 baths $0

Walk Score for Olney



Olney School Data

Olney School Districts

We’re sorry, we were unable to load the school district data. Please check back soon.

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