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

17440 MACDUFF AVE Olney, MD 20832
Photo of 17440 MACDUFF AVE, Olney, MD 20832 (MLS # MC8485024)
5 beds 4 baths $559,000
17424 EVANGELINE LN Olney, MD 20832
Photo of 17424 EVANGELINE LN, Olney, MD 20832 (MLS # MC8483569)
4 beds 4 baths $619,000
2710 MEADOWLAND CT Olney, MD 20832
Photo of 2710 MEADOWLAND CT, Olney, MD 20832 (MLS # MC8483057)
4 beds 4 baths $599,900
4606 RIPLEY MANOR TER Olney, MD 20832
Photo of 4606 RIPLEY MANOR TER, Olney, MD 20832 (MLS # MC8482988)
3 beds 3 baths $424,900
3527 TODDSBURY LN Olney, MD 20832
Photo of 3527 TODDSBURY LN, Olney, MD 20832 (MLS # MC8482935)
4 beds 4 baths $549,000
3211 CARNEGIE HALL CIR Olney, MD 20832
Photo of 3211 CARNEGIE HALL CIR, Olney, MD 20832 (MLS # MC8482583)
3 beds 3 baths 1,414 sqft $420,000
19121 BLOOMFIELD RD Olney, MD 20832
Photo of 19121 BLOOMFIELD RD, Olney, MD 20832 (MLS # MC8481785)
4 beds 3 baths 2,518 sqft $489,900
18018 WAGONWHEEL CT Olney, MD 20832
Photo of 18018 WAGONWHEEL CT, Olney, MD 20832 (MLS # MC8480421)
3 beds 3 baths $289,000
17807 BUEHLER RD, Unit 127 Olney, MD 20832
Photo of 17807 BUEHLER RD, Unit 127, Olney, MD 20832 (MLS # MC8480192)
2 beds 1 bath 861 sqft $158,000
3210 SPARTAN RD, Unit 1-B-2 Olney, MD 20832
Photo of 3210 SPARTAN RD, Unit 1-B-2, Olney, MD 20832 (MLS # MC8479520)
1 bed 1 bath 719 sqft $119,990
3440 QUEENSBOROUGH DR Olney, MD 20832
Photo of 3440 QUEENSBOROUGH DR, Olney, MD 20832 (MLS # MC8479284)
3 beds 3 baths 1,724 sqft $308,200
18043 GOLDEN SPRING CT, Unit 163 Olney, MD 20832
Photo of 18043 GOLDEN SPRING CT, Unit 163, Olney, MD 20832 (MLS # MC8478961)
3 beds 3 baths 1,914 sqft $230,000
18816 BLOOMFIELD RD Olney, MD 20832
Photo of 18816 BLOOMFIELD RD, Olney, MD 20832 (MLS # MC8476771)
4 beds 4 baths 2,764 sqft $499,987
10 HOLLY VIEW CT Olney, MD 20832
Photo of 10 HOLLY VIEW CT, Olney, MD 20832 (MLS # MC8477381)
4 beds 3 baths $474,900
4804 CONTINENTAL DR Olney, MD 20832
Photo of 4804 CONTINENTAL DR, Olney, MD 20832 (MLS # MC8477064)
4 beds 4 baths 3,710 sqft $549,900
1905 BISHOPS CASTLE DR Olney, MD 20832
Photo of 1905 BISHOPS CASTLE DR, Olney, MD 20832 (MLS # MC8476456)
4 beds 3 baths 2,398 sqft $549,900
2903 MCGEE WAY Olney, MD 20832
Photo of 2903 MCGEE WAY, Olney, MD 20832 (MLS # MC8475928)
2 beds 2 baths $259,900
17518 GALLAGHER WAY Olney, MD 20832
Photo of 17518 GALLAGHER WAY, Olney, MD 20832 (MLS # MC8474694)
3 beds 4 baths $300,000
18363 LEMAN LAKE DR, Unit 801 Olney, MD 20832
Photo of 18363 LEMAN LAKE DR, Unit 801, Olney, MD 20832 (MLS # MC8474298)
3 beds 3 baths 1,250 sqft $164,500
4505 WINDING OAK DR Olney, MD 20832
Photo of 4505 WINDING OAK DR, Olney, MD 20832 (MLS # MC8473328)
4 beds 3 baths 2,528 sqft $589,900
3012 PALADIN TER Olney, MD 20832
Photo of 3012 PALADIN TER, Olney, MD 20832 (MLS # MC8472250)
4 beds 4 baths 2,160 sqft $339,900
16831 CENTERFIELD WAY Olney, MD 20832
Photo of 16831 CENTERFIELD WAY, Olney, MD 20832 (MLS # MC8471841)
3 beds 4 baths 2,112 sqft $399,900
3538 SOFTWOOD TER Olney, MD 20832
Photo of 3538 SOFTWOOD TER, Olney, MD 20832 (MLS # MC8468372)
3 beds 3 baths $286,000
3114 BENTON SQUARE DR Olney, MD 20832
Photo of 3114 BENTON SQUARE DR, Olney, MD 20832 (MLS # MC8467293)
3 beds 3 baths $334,900
4109 MORNINGWOOD DR Olney, MD 20832
Photo of 4109 MORNINGWOOD DR, Olney, MD 20832 (MLS # MC8464843)
4 beds 4 baths $524,900
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 $649,900
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
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

Sold Listings in Olney

17921 Dumfries Cir Olney, MD 20832
Photo of 17921 Dumfries Cir, Olney, MD 20832 (MLS # MC8455342)
3 beds 4 baths $0
3729 Carrisa Ln Olney, MD 20832
Photo of 3729 Carrisa Ln, Olney, MD 20832 (MLS # MC8444376)
3 beds 3 baths $0
3424 Falling Green Rd Olney, MD 20832
Photo of 3424 Falling Green Rd, Olney, MD 20832 (MLS # MC8435790)
3 beds 3 baths 2,756 sqft $0
18128 Windsor Hill Dr #108a Olney, MD 20832
Photo of 18128 Windsor Hill Dr #108a, Olney, MD 20832 (MLS # MC8432448)
2 beds 2 baths 1,137 sqft $0
17304 Winter Laurel Dr Olney, MD 20832
Photo of 17304 Winter Laurel Dr, Olney, MD 20832 (MLS # MC8432006)
4 beds 3 baths $0
4421 Winding Oak Dr Olney, MD 20832
Photo of 4421 Winding Oak Dr, Olney, MD 20832 (MLS # MC8428424)
4 beds 4 baths $0
17712 Chipping Ct Olney, MD 20832
Photo of 17712 Chipping Ct, Olney, MD 20832 (MLS # MC8425597)
3 beds 4 baths 2,420 sqft $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
3162 Benton Square Dr Olney, MD 20832
Photo of 3162 Benton Square Dr, Olney, MD 20832 (MLS # MC8420072)
3 beds 4 baths $0
4113 Horatio Ct Olney, MD 20832
Photo of 4113 Horatio Ct, Olney, MD 20832 (MLS # MC8418854)
5 beds 4 baths $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
18637 Clovercrest Cir Olney, MD 20832
Photo of 18637 Clovercrest Cir, Olney, MD 20832 (MLS # MC8418724)
3 beds 3 baths $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
4261 Charley Forest St Olney, MD 20832
Photo of 4261 Charley Forest St, Olney, MD 20832 (MLS # MC8416711)
3 beds 3 baths $0
4401 Rendale Ct Olney, MD 20832
Photo of 4401 Rendale Ct, Olney, MD 20832 (MLS # MC8414373)
4 beds 3 baths $0
4017 Gelding Ln Olney, MD 20832
Photo of 4017 Gelding Ln, Olney, MD 20832 (MLS # MC8414952)
5 beds 3 baths $0
4125 Sir Walter Rd Olney, MD 20832
Photo of 4125 Sir Walter Rd, Olney, MD 20832 (MLS # MC8409689)
5 beds 5 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
17715 Buehler Rd #10 Olney, MD 20832
Photo of 17715 Buehler Rd #10, Olney, MD 20832 (MLS # MC8398044)
3 beds 4 baths 1,440 sqft $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

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