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

$429,500 Average Price
1,808Avg Home Size
1985Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $457,300 $178,400
Median Single Family Home Value $540,700 $177,800
Median Condo Value $317,800 $183,400
Median 3-Bedroom Home Value $374,200 $172,400
Median 4-Bedroom Home Value $534,800 $289,900
Percent Homes Decreasing 28.4% 35.3%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $242 $115
Median List Price 0 0
Median Sale Price $429,500 $206,900
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,008 $2,123
Turnover (Sold Within Last Yr.) 3.8% 3.9%
Median Value Per Sq Ft 0 0
1-Yr. Change 1.1% 3.9%
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

18006 ROLLING MEADOW WAY, Unit 286 Olney, MD 20832
Photo of 18006 ROLLING MEADOW WAY, Unit 286, Olney, MD 20832 (MLS # MC8615212)
2 beds 2 baths 1,233 sqft $239,900
4232 MOUNT OLNEY LN Olney, MD 20832
Photo of 4232 MOUNT OLNEY LN, Olney, MD 20832 (MLS # MC8615168)
4 beds 4 baths $500,000
17503 LONGVIEW LN Olney, MD 20832
Photo of 17503 LONGVIEW LN, Olney, MD 20832 (MLS # MC8614444)
4 beds 4 baths 1,910 sqft $289,000
3819 GELDING LN Olney, MD 20832
Photo of 3819 GELDING LN, Olney, MD 20832 (MLS # MC8614053)
4 beds 3 baths 1,368 sqft $479,900
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 $649,900
3245 SAINT AUGUSTINE CT Olney, MD 20832
Photo of 3245 SAINT AUGUSTINE CT, Olney, MD 20832 (MLS # MC8611598)
3 beds 3 baths $350,000
17827 SHOTLEY BRIDGE PL Olney, MD 20832
Photo of 17827 SHOTLEY BRIDGE PL, Olney, MD 20832 (MLS # MC8611389)
3 beds 4 baths $399,900
18214 ROLLING MEADOW WAY, Unit 43 Olney, MD 20832
Photo of 18214 ROLLING MEADOW WAY, Unit 43, Olney, MD 20832 (MLS # MC8610521)
2 beds 2 baths 1,155 sqft $229,000
6 DUMFRIES CT Olney, MD 20832
Photo of 6 DUMFRIES CT, Olney, MD 20832 (MLS # MC8610520)
3 beds 3 baths $300,000
3437 BANTRY WAY Olney, MD 20832
Photo of 3437 BANTRY WAY, Olney, MD 20832 (MLS # MC8609485)
3 beds 3 baths $289,900
3435 BANTRY WAY Olney, MD 20832
Photo of 3435 BANTRY WAY, Olney, MD 20832 (MLS # MC8607561)
3 beds 3 baths $329,000
3442 QUEENSBOROUGH DR Olney, MD 20832
Photo of 3442 QUEENSBOROUGH DR, Olney, MD 20832 (MLS # MC8607168)
3 beds 3 baths $319,000
3517 TODDSBURY LN Olney, MD 20832
Photo of 3517 TODDSBURY LN, Olney, MD 20832 (MLS # MC8606926)
4 beds 3 baths $579,000
16431 CROSS TIMBER TER Olney, MD 20832
Photo of 16431 CROSS TIMBER TER, Olney, MD 20832 (MLS # MC8606355)
4 beds 3 baths $729,000
17527 LONGVIEW LN Olney, MD 20832
Photo of 17527 LONGVIEW LN, Olney, MD 20832 (MLS # MC8606061)
3 beds 4 baths 1,848 sqft $319,000
3913 ASHLAND BROOKE WAY Olney, MD 20832
Photo of 3913 ASHLAND BROOKE WAY, Olney, MD 20832 (MLS # MC8604535)
4 beds 3 baths $439,000
18023 ROCKY RIDGE LN Olney, MD 20832
Photo of 18023 ROCKY RIDGE LN, Olney, MD 20832 (MLS # MC8604318)
4 beds 3 baths $470,000
18724 ASHBOURNE PL Olney, MD 20832
Photo of 18724 ASHBOURNE PL, Olney, MD 20832 (MLS # MC8601383)
7 beds 6 baths $1,075,000
17412 KIRSTIN CT Olney, MD 20832
Photo of 17412 KIRSTIN CT, Olney, MD 20832 (MLS # MC8600713)
5 beds 4 baths $569,500
4312 LEEDS HALL DR Olney, MD 20832
Photo of 4312 LEEDS HALL DR, Olney, MD 20832 (MLS # MC8600373)
4 beds 4 baths 3,042 sqft $535,000
18306 BLUEBELL LN Olney, MD 20832
Photo of 18306 BLUEBELL LN, Olney, MD 20832 (MLS # MC8598879)
5 beds 5 baths $649,990
4859 WALTONSHIRE CIR Olney, MD 20832
Photo of 4859 WALTONSHIRE CIR, Olney, MD 20832 (MLS # MC8597712)
3 beds 4 baths $525,000
18504 DENHIGH CIR Olney, MD 20832
Photo of 18504 DENHIGH CIR, Olney, MD 20832 (MLS # MC8595923)
5 beds 5 baths $749,900
4810 WALTONSHIRE CIR Olney, MD 20832
Photo of 4810 WALTONSHIRE CIR, Olney, MD 20832 (MLS # MC8595848)
3 beds 4 baths $509,900
4233 BAR HARBOR PL Olney, MD 20832
Photo of 4233 BAR HARBOR PL, Olney, MD 20832 (MLS # MC8593485)
3 beds 3 baths $364,900
19032 ABBEY MANOR WAY Olney, MD 20832
Photo of 19032 ABBEY MANOR WAY, Olney, MD 20832 (MLS # MC8593387)
4 beds 4 baths 4,186 sqft $610,000
17402 GALLAGHER WAY Olney, MD 20832
Photo of 17402 GALLAGHER WAY, Olney, MD 20832 (MLS # MC8592563)
3 beds 2 baths $322,420
18616 SHADOWRIDGE TER Olney, MD 20832
Photo of 18616 SHADOWRIDGE TER, Olney, MD 20832 (MLS # MC8588467)
3 beds 4 baths $350,000
18605 MEADOWLAND TER Olney, MD 20832
Photo of 18605 MEADOWLAND TER, Olney, MD 20832 (MLS # MC8590105)
4 beds 3 baths $535,000

Sold Listings in Olney

19 Shadowridge Ct Olney, MD 20832
Photo of 19 Shadowridge Ct, Olney, MD 20832 (MLS # MC8571545)
3 beds 4 baths $325,000
3520 John Carroll Dr Olney, MD 20832
Photo of 3520 John Carroll Dr, Olney, MD 20832 (MLS # MC8570575)
4 beds 3 baths 3,388 sqft $590,000
4601 Morningwood Dr Olney, MD 20832
Photo of 4601 Morningwood Dr, Olney, MD 20832 (MLS # MC8567138)
5 beds 3 baths 1,842 sqft $374,900
4601 MORNINGWOOD DR Olney, MD 20832
Photo of 4601 MORNINGWOOD DR, Olney, MD 20832 (MLS # MC8567138)
5 beds 3 baths 1,842 sqft $374,900
18363 Leman Lake Dr #801 Olney, MD 20832
Photo of 18363 Leman Lake Dr #801, Olney, MD 20832 (MLS # MC8563168)
3 beds 3 baths 1,250 sqft $235,000
18363 LEMAN LAKE DR, Unit 801 Olney, MD 20832
Photo of 18363 LEMAN LAKE DR, Unit 801, Olney, MD 20832 (MLS # MC8563168)
3 beds 3 baths 1,250 sqft $235,000
5003 Tothill Dr Olney, MD 20832
Photo of 5003 Tothill Dr, Olney, MD 20832 (MLS # MC8561337)
3 beds 4 baths 2,512 sqft $479,000
9 Lindenwood Ct Olney, MD 20832
Photo of 9 Lindenwood Ct, Olney, MD 20832 (MLS # MC8561792)
5 beds 4 baths $579,000
2607 Little Vista Ter Olney, MD 20832
Photo of 2607 Little Vista Ter, Olney, MD 20832 (MLS # MC8560209)
3 beds 4 baths $409,000
16800 Batchellors Forest Rd Olney, MD 20832
Photo of 16800 Batchellors Forest Rd, Olney, MD 20832 (MLS # MC8554433)
4 beds 2 baths $409,000
18731 Bloomfield Rd Olney, MD 20832
Photo of 18731 Bloomfield Rd, Olney, MD 20832 (MLS # MC8547438)
4 beds 4 baths $495,000
17403 Gallagher Way Olney, MD 20832
Photo of 17403 Gallagher Way, Olney, MD 20832 (MLS # MC8553214)
3 beds 3 baths $319,900
17403 GALLAGHER WAY Olney, MD 20832
Photo of 17403 GALLAGHER WAY, Olney, MD 20832 (MLS # MC8553214)
3 beds 3 baths $319,900
18202 Windsor Hill Dr #301 Olney, MD 20832
Photo of 18202 Windsor Hill Dr #301, Olney, MD 20832 (MLS # MC8552188)
3 beds 3 baths 1,250 sqft $236,000
17752 Chipping Ct Olney, MD 20832
Photo of 17752 Chipping Ct, Olney, MD 20832 (MLS # MC8550369)
3 beds 3 baths $310,000
9 Darnell Ct Olney, MD 20832
Photo of 9 Darnell Ct, Olney, MD 20832 (MLS # MC8541906)
4 beds 3 baths $439,900
17713 Overwood Dr Olney, MD 20832
Photo of 17713 Overwood Dr, Olney, MD 20832 (MLS # MC8545142)
3 beds 2 baths $345,000
18508 Kilt Ter Olney, MD 20832
Photo of 18508 Kilt Ter, Olney, MD 20832 (MLS # MC8543825)
4 beds 2 baths 2,206 sqft $415,000
18425 Snowberry Way Olney, MD 20832
Photo of 18425 Snowberry Way, Olney, MD 20832 (MLS # MC8542850)
4 beds 4 baths $599,900
4617 Morningwood Dr Olney, MD 20832
Photo of 4617 Morningwood Dr, Olney, MD 20832 (MLS # MC8542647)
5 beds 3 baths $469,000
17917 Overwood Dr Olney, MD 20832
Photo of 17917 Overwood Dr, Olney, MD 20832 (MLS # MC8539789)
4 beds 3 baths $409,000
18154 Rolling Meadow Way #187 Olney, MD 20832
Photo of 18154 Rolling Meadow Way #187, Olney, MD 20832 (MLS # MC8539892)
2 beds 2 baths 1,155 sqft $221,900
18511 Fiddleleaf Ter Olney, MD 20832
Photo of 18511 Fiddleleaf Ter, Olney, MD 20832 (MLS # MC8538524)
4 beds 4 baths $570,000
17917 OVERWOOD DR Olney, MD 20832
Photo of 17917 OVERWOOD DR, Olney, MD 20832 (MLS # MC8539789)
4 beds 3 baths $409,000
4712 Babbling Brook Dr Olney, MD 20832
Photo of 4712 Babbling Brook Dr, Olney, MD 20832 (MLS # MC8539149)
3 beds 2 baths 2,100 sqft $297,000
18351 Leman Lake Dr #804 Olney, MD 20832
Photo of 18351 Leman Lake Dr #804, Olney, MD 20832 (MLS # MC8538946)
2 beds 2 baths 1,032 sqft $205,000
17912 Shotley Bridge Pl Olney, MD 20832
Photo of 17912 Shotley Bridge Pl, Olney, MD 20832 (MLS # MC8536243)
3 beds 4 baths $400,000
17515 Longview Ln Olney, MD 20832
Photo of 17515 Longview Ln, Olney, MD 20832 (MLS # MC8535424)
3 beds 4 baths 1,532 sqft $330,000
3409 King William Dr Olney, MD 20832
Photo of 3409 King William Dr, Olney, MD 20832 (MLS # MC8534609)
5 beds 4 baths $645,000
18220 Rolling Meadow Way #46 Olney, MD 20832
Photo of 18220 Rolling Meadow Way #46, Olney, MD 20832 (MLS # MC8529144)
3 beds 3 baths 1,397 sqft $240,200

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