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

$438,000 Average Price
1,808Avg Home Size
1985Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $453,400 $179,200
Median Single Family Home Value $537,000 $178,700
Median Condo Value $316,600 $184,500
Median 3-Bedroom Home Value $373,600 $173,300
Median 4-Bedroom Home Value $529,900 $291,300
Percent Homes Decreasing 41.5% 33.4%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $241 $114
Median List Price 0 0
Median Sale Price $438,000 $215,200
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,008 $2,143
Turnover (Sold Within Last Yr.) 3.7% 4.1%
Median Value Per Sq Ft 0 0
1-Yr. Change -1.6% 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

18256 WICKHAM RD Olney, MD 20832
4 beds 4 baths 4,380 sqft $759,000
4254 BRIARS RD Olney, MD 20832
Photo of 4254 BRIARS RD, Olney, MD 20832 (MLS # MC8677397)
4 beds 3 baths 2,161 sqft $499,000
18920 OLNEY MILL RD Olney, MD 20832
Photo of 18920 OLNEY MILL RD, Olney, MD 20832 (MLS # MC8677175)
4 beds 3 baths 2,468 sqft $499,900
4623 RIPLEY MANOR TER Olney, MD 20832
Photo of 4623 RIPLEY MANOR TER, Olney, MD 20832 (MLS # MC8675260)
3 beds 3 baths $439,900
17305 EVANGELINE LN Olney, MD 20832
Photo of 17305 EVANGELINE LN, Olney, MD 20832 (MLS # MC8670430)
4 beds 3 baths $580,000
4713 THORNHURST DR Olney, MD 20832
Photo of 4713 THORNHURST DR, Olney, MD 20832 (MLS # MC8673389)
5 beds 5 baths 4,491 sqft $799,000
3500 SUNDOWN FARMS WAY Olney, MD 20832
Photo of 3500 SUNDOWN FARMS WAY, Olney, MD 20832 (MLS # MC8672691)
4 beds 4 baths $520,000
17804 BUEHLER RD, Unit 3-D-3 Olney, MD 20832
Photo of 17804 BUEHLER RD, Unit 3-D-3, Olney, MD 20832 (MLS # MC8672842)
2 beds 2 baths 880 sqft $106,800
4617 RIPLEY MANOR TER Olney, MD 20832
Photo of 4617 RIPLEY MANOR TER, Olney, MD 20832 (MLS # MC8663247)
3 beds 3 baths 2,311 sqft $429,975
3516 SINGERS GLEN DR Olney, MD 20832
Photo of 3516 SINGERS GLEN DR, Olney, MD 20832 (MLS # MC8672109)
4 beds 3 baths 1,600 sqft $455,000
4240 SANDCASTLE LN Olney, MD 20832
Photo of 4240 SANDCASTLE LN, Olney, MD 20832 (MLS # MC8671796)
4 beds 3 baths 2,132 sqft $529,900
4810 WALTONSHIRE CIR Olney, MD 20832
Photo of 4810 WALTONSHIRE CIR, Olney, MD 20832 (MLS # MC8671083)
3 beds 4 baths $487,500
18605 MEADOWLAND TER Olney, MD 20832
Photo of 18605 MEADOWLAND TER, Olney, MD 20832 (MLS # MC8671344)
4 beds 3 baths $529,900
17529 PRINCESS ANNE DR Olney, MD 20832
Photo of 17529 PRINCESS ANNE DR, Olney, MD 20832 (MLS # MC8665974)
3 beds 3 baths $494,800
4405 MOUNT OLNEY LN Olney, MD 20832
Photo of 4405 MOUNT OLNEY LN, Olney, MD 20832 (MLS # MC8664931)
5 beds 3 baths $400,000
18516 ROLLING ACRES WAY Olney, MD 20832
Photo of 18516 ROLLING ACRES WAY, Olney, MD 20832 (MLS # MC8665487)
3 beds 4 baths 3,384 sqft $500,000
4425 MORNINGWOOD DR Olney, MD 20832
Photo of 4425 MORNINGWOOD DR, Olney, MD 20832 (MLS # MC8659564)
4 beds 4 baths 2,632 sqft $519,000
19320 OLNEY MILL RD Olney, MD 20832
Photo of 19320 OLNEY MILL RD, Olney, MD 20832 (MLS # MC8662948)
3 beds 3 baths $458,900
17840 SHOTLEY BRIDGE PL Olney, MD 20832
Photo of 17840 SHOTLEY BRIDGE PL, Olney, MD 20832 (MLS # MC8660577)
3 beds 4 baths $415,000
1 FIDDLELEAF CT Olney, MD 20832
Photo of 1 FIDDLELEAF CT, Olney, MD 20832 (MLS # MC8659133)
3 beds 3 baths $409,900
3909 SHALLOW BROOK LN Olney, MD 20832
Photo of 3909 SHALLOW BROOK LN, Olney, MD 20832 (MLS # MC8658428)
4 beds 4 baths 2,572 sqft $525,900
17425 MACDUFF AVE Olney, MD 20832
Photo of 17425 MACDUFF AVE, Olney, MD 20832 (MLS # MC8656112)
5 beds 4 baths 2,734 sqft $585,000
18512 STAKEBURG PL, Unit 19 Olney, MD 20832
Photo of 18512 STAKEBURG PL, Unit 19, Olney, MD 20832 (MLS # MC8650487)
3 beds 2 baths 1,136 sqft $289,900
18519 DENHIGH CIR Olney, MD 20832
Photo of 18519 DENHIGH CIR, Olney, MD 20832 (MLS # MC8650158)
4 beds 3 baths $649,000
17318 SANDY KNOLL DR Olney, MD 20832
Photo of 17318 SANDY KNOLL DR, Olney, MD 20832 (MLS # MC9008250)
3 beds 2 baths $314,999
18408 SNOWBERRY WAY Olney, MD 20832
Photo of 18408 SNOWBERRY WAY, Olney, MD 20832 (MLS # MC8646291)
4 beds 4 baths 2,468 sqft $565,000
2601 SPARTAN RD Olney, MD 20832
Photo of 2601 SPARTAN RD, Olney, MD 20832 (MLS # MC8638345)
4 beds 3 baths $499,900
16808 CENTERFIELD WAY Olney, MD 20832
Photo of 16808 CENTERFIELD WAY, Olney, MD 20832 (MLS # MC8636823)
4 beds 4 baths $389,000
17712 LITTLE HAVEN LN Olney, MD 20832
Photo of 17712 LITTLE HAVEN LN, Olney, MD 20832 (MLS # MC8610456)
5 beds 4 baths 2,356 sqft $567,500
224 HARBINGER DR Olney, MD 20832
Photo of 224 HARBINGER DR, Olney, MD 20832 (MLS # MC8631618)
5 beds 5 baths $899,000

Sold Listings in Olney

4808 Willow Stead Dr Olney, MD 20832
3 beds 4 baths $192,596
17904 Overwood Dr Olney, MD 20832
Photo of 17904 Overwood Dr, Olney, MD 20832 (MLS # MC8655895)
3 beds 3 baths $325,000
17513 Longview Ln Olney, MD 20832
Photo of 17513 Longview Ln, Olney, MD 20832 (MLS # MC9008192)
4 beds 4 baths $337,000
17513 LONGVIEW LN Olney, MD 20832
Photo of 17513 LONGVIEW LN, Olney, MD 20832 (MLS # MC9008192)
4 beds 4 baths $337,000
17900 Danube Ln Olney, MD 20832
Photo of 17900 Danube Ln, Olney, MD 20832 (MLS # MC8639712)
4 beds 4 baths $539,900
17900 DANUBE LN Olney, MD 20832
Photo of 17900 DANUBE LN, Olney, MD 20832 (MLS # MC8639712)
4 beds 4 baths $539,900
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
18239 FOX CHASE CIR Olney, MD 20832
Photo of 18239 FOX CHASE CIR, Olney, MD 20832 (MLS # MC8638702)
2 beds 4 baths $320,000
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
18717 Rolling Acres Way Olney, MD 20832
Photo of 18717 Rolling Acres Way, Olney, MD 20832 (MLS # MC8632053)
4 beds 3 baths 2,277 sqft $425,000
3723 Carrisa Ln Olney, MD 20832
Photo of 3723 Carrisa Ln, Olney, MD 20832 (MLS # MC8629870)
3 beds 3 baths $300,000
4108 Wachs Cv Olney, MD 20832
Photo of 4108 Wachs Cv, Olney, MD 20832 (MLS # MC8626642)
4 beds 3 baths $499,900
16909 Cashell Rd Olney, MD 20832
Photo of 16909 Cashell Rd, Olney, MD 20832 (MLS # MC8627650)
5 beds 5 baths 4,240 sqft $649,946
18606 Bransford Pl Olney, MD 20832
Photo of 18606 Bransford Pl, Olney, MD 20832 (MLS # MC8627244)
5 beds 4 baths $850,000
17415 Pipers Way #5 Olney, MD 20832
Photo of 17415 Pipers Way #5, Olney, MD 20832 (MLS # MC8627777)
3 beds 2 baths 1,190 sqft $237,000
2413 Saint Albert Ter Olney, MD 20832
Photo of 2413 Saint Albert Ter, Olney, MD 20832 (MLS # MC8623676)
3 beds 4 baths $479,999
4401 Clifton Spring Ct Olney, MD 20832
Photo of 4401 Clifton Spring Ct, Olney, MD 20832 (MLS # MC8622644)
4 beds 4 baths $480,000
17205 Sandy Knoll Dr Olney, MD 20832
Photo of 17205 Sandy Knoll Dr, Olney, MD 20832 (MLS # MC8620518)
4 beds 3 baths 2,892 sqft $575,000
4602 Winding Stone Cir Olney, MD 20832
Photo of 4602 Winding Stone Cir, Olney, MD 20832 (MLS # MC8617193)
4 beds 3 baths 3,300 sqft $639,000
4536 Boastfield Ln Olney, MD 20832
Photo of 4536 Boastfield Ln, Olney, MD 20832 (MLS # MC8616228)
3 beds 3 baths $325,000
18006 Rolling Meadow Way #286 Olney, MD 20832
Photo of 18006 Rolling Meadow Way #286, Olney, MD 20832 (MLS # MC8615212)
2 beds 2 baths 1,233 sqft $230,000
16800 Centerfield Way Olney, MD 20832
Photo of 16800 Centerfield Way, Olney, MD 20832 (MLS # MC8613409)
3 beds 4 baths $400,000
3819 Gelding Ln Olney, MD 20832
Photo of 3819 Gelding Ln, Olney, MD 20832 (MLS # MC8614053)
4 beds 3 baths 1,368 sqft $502,000
16800 CENTERFIELD WAY Olney, MD 20832
Photo of 16800 CENTERFIELD WAY, Olney, MD 20832 (MLS # MC8613409)
3 beds 4 baths $400,000
4521 Thornhurst Dr Olney, MD 20832
Photo of 4521 Thornhurst Dr, Olney, MD 20832 (MLS # MC8612636)
5 beds 4 baths $637,500
3245 Saint Augustine Ct Olney, MD 20832
Photo of 3245 Saint Augustine Ct, Olney, MD 20832 (MLS # MC8611598)
3 beds 3 baths $350,000
17228 Sandy Knoll Dr Olney, MD 20832
Photo of 17228 Sandy Knoll Dr, Olney, MD 20832 (MLS # MC8611624)
5 beds 4 baths $644,000

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