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

$434,600 Average Price
1,808Avg Home Size
1985Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $448,400 $179,900
Median Single Family Home Value $529,100 $179,400
Median Condo Value $311,600 $186,200
Median 3-Bedroom Home Value $365,800 $173,800
Median 4-Bedroom Home Value $524,100 $292,400
Percent Homes Decreasing 53.4% 30.5%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $237 $115
Median List Price 0 0
Median Sale Price $434,600 $222,900
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,004 $2,113
Turnover (Sold Within Last Yr.) 3.6% 4%
Median Value Per Sq Ft 0 0
1-Yr. Change -2.6% 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

17318 SANDY KNOLL DR Olney, MD 20832
Photo of 17318 SANDY KNOLL DR, Olney, MD 20832 (MLS # MC8736588)
3 beds 2 baths $315,000
18511 YARNBROOKE PL Olney, MD 20832
Photo of 18511 YARNBROOKE PL, Olney, MD 20832 (MLS # MC8731923)
3 beds 4 baths $465,000
3514 SOFTWOOD TER Olney, MD 20832
Photo of 3514 SOFTWOOD TER, Olney, MD 20832 (MLS # MC8718694)
4 beds 4 baths $319,900
18401 SNOWBERRY WAY Olney, MD 20832
Photo of 18401 SNOWBERRY WAY, Olney, MD 20832 (MLS # MC8733730)
4 beds 4 baths $625,000
19601 ISLANDER ST Olney, MD 20832
Photo of 19601 ISLANDER ST, Olney, MD 20832 (MLS # MC8733505)
4 beds 3 baths 2,090 sqft $372,500
4312 LEEDS HALL DR Olney, MD 20832
Photo of 4312 LEEDS HALL DR, Olney, MD 20832 (MLS # MC8733148)
4 beds 4 baths $500,000
3817 INGLESIDE ST Olney, MD 20832
Photo of 3817 INGLESIDE ST, Olney, MD 20832 (MLS # MC8733059)
4 beds 4 baths $525,000
5 PARSON GROVE CT Olney, MD 20832
Photo of 5 PARSON GROVE CT, Olney, MD 20832 (MLS # MC8733022)
4 beds 4 baths $499,900
17527 GALLAGHER WAY Olney, MD 20832
Photo of 17527 GALLAGHER WAY, Olney, MD 20832 (MLS # MC8731265)
3 beds 2 baths 1,672 sqft $319,000
18701 THORNBERRY LN Olney, MD 20832
Photo of 18701 THORNBERRY LN, Olney, MD 20832 (MLS # MC8730598)
4 beds 4 baths $750,000
4810 WALTONSHIRE CIR Olney, MD 20832
Photo of 4810 WALTONSHIRE CIR, Olney, MD 20832 (MLS # MC8730406)
3 beds 4 baths 3,008 sqft $468,000
18628 SHADOWRIDGE TER Olney, MD 20832
Photo of 18628 SHADOWRIDGE TER, Olney, MD 20832 (MLS # MC8730173)
3 beds 4 baths $409,900
18512 BOWIE MILL RD Olney, MD 20832
Photo of 18512 BOWIE MILL RD, Olney, MD 20832 (MLS # MC8730029)
4 beds 3 baths 2,084 sqft $474,900
17508 LONGVIEW LN Olney, MD 20832
Photo of 17508 LONGVIEW LN, Olney, MD 20832 (MLS # MC8728776)
3 beds 4 baths $329,900
17303 SANDY KNOLL DR Olney, MD 20832
Photo of 17303 SANDY KNOLL DR, Olney, MD 20832 (MLS # MC8728515)
3 beds 3 baths $324,900
18600 SUFFOLKSVILLE PL Olney, MD 20832
Photo of 18600 SUFFOLKSVILLE PL, Olney, MD 20832 (MLS # MC8728481)
3 beds 4 baths $489,000
18213 ROLLING MEADOW WAY, Unit 208 Olney, MD 20832
Photo of 18213 ROLLING MEADOW WAY, Unit 208, Olney, MD 20832 (MLS # MC8728273)
2 beds 2 baths 986 sqft $223,000
18519 BOWIE MILL RD Olney, MD 20832
Photo of 18519 BOWIE MILL RD, Olney, MD 20832 (MLS # MC8728057)
3 beds 3 baths $420,000
17824 BUEHLER RD, Unit 3-E-5 Olney, MD 20832
Photo of 17824 BUEHLER RD, Unit 3-E-5, Olney, MD 20832 (MLS # MC8725876)
3 beds 2 baths 996 sqft $120,000
3731 CARRISA LN Olney, MD 20832
Photo of 3731 CARRISA LN, Olney, MD 20832 (MLS # MC8722958)
3 beds 2 baths $299,000
16616 GEORGIA AVE Olney, MD 20832
Photo of 16616 GEORGIA AVE, Olney, MD 20832 (MLS # MC8722605)
4 beds 2 baths $785,000
3480 QUEENSBOROUGH DR Olney, MD 20832
Photo of 3480 QUEENSBOROUGH DR, Olney, MD 20832 (MLS # MC8720718)
3 beds 3 baths $309,000
3529 FALLING GREEN RD Olney, MD 20832
Photo of 3529 FALLING GREEN RD, Olney, MD 20832 (MLS # MC8720726)
4 beds 3 baths $449,900
4209 THORNCROFT TER Olney, MD 20832
Photo of 4209 THORNCROFT TER, Olney, MD 20832 (MLS # MC8720358)
4 beds 4 baths $610,000
18416 OXFORDSHIRE TER Olney, MD 20832
Photo of 18416 OXFORDSHIRE TER, Olney, MD 20832 (MLS # MC8720322)
3 beds 4 baths 2,832 sqft $464,900
805 LOWER BARN WAY Olney, MD 20832
Photo of 805 LOWER BARN WAY, Olney, MD 20832 (MLS # MC8719925)
4 beds 4 baths 5,196 sqft $1,139,900
HICKORY MEADOW DR Olney, MD 20832
Photo of HICKORY MEADOW DR, Olney, MD 20832 (MLS # MC8719428)
4 beds 3 baths 2,663 sqft $685,096
4604 WESTON PL Olney, MD 20832
Photo of 4604 WESTON PL, Olney, MD 20832 (MLS # MC8717974)
3 beds 2 baths $290,000
17 COATBRIDGE CT Olney, MD 20832
Photo of 17 COATBRIDGE CT, Olney, MD 20832 (MLS # MC8715752)
4 beds 3 baths $479,900
18303 FOUNTAIN GROVE WAY Olney, MD 20832
Photo of 18303 FOUNTAIN GROVE WAY, Olney, MD 20832 (MLS # MC8713801)
5 beds 5 baths 4,254 sqft $639,000

Sold Listings in Olney

18321 Dutchess Dr Olney, MD 20832
Photo of 18321 Dutchess Dr, Olney, MD 20832 (MLS # MC8700627)
4 beds 3 baths 2,148 sqft $479,900
18206 Paladin Dr Olney, MD 20832
Photo of 18206 Paladin Dr, Olney, MD 20832 (MLS # MC8698715)
3 beds 4 baths $355,000
18904 Rolling Acres Way Olney, MD 20832
Photo of 18904 Rolling Acres Way, Olney, MD 20832 (MLS # MC8698389)
4 beds 3 baths $380,990
3805 Holly View St Olney, MD 20832
Photo of 3805 Holly View St, Olney, MD 20832 (MLS # MC8695765)
3 beds 3 baths 2,078 sqft $435,000
17519 Saint Theresa Dr Olney, MD 20832
Photo of 17519 Saint Theresa Dr, Olney, MD 20832 (MLS # MC8691922)
4 beds 4 baths 2,128 sqft $437,000
17511 Longview Ln Olney, MD 20832
Photo of 17511 Longview Ln, Olney, MD 20832 (MLS # MC8687482)
3 beds 3 baths 1,532 sqft $325,000
17809 Covent Garden Ct Olney, MD 20832
Photo of 17809 Covent Garden Ct, Olney, MD 20832 (MLS # MC8689779)
4 beds 4 baths 3,192 sqft $615,000
18530 Clovercrest Cir Olney, MD 20832
Photo of 18530 Clovercrest Cir, Olney, MD 20832 (MLS # MC8686915)
3 beds 4 baths 1,620 sqft $390,000
4801 Brightwood Cir Olney, MD 20832
Photo of 4801 Brightwood Cir, Olney, MD 20832 (MLS # MC8684010)
3 beds 3 baths 2,034 sqft $350,804
4000 Boleyn Ter Olney, MD 20832
Photo of 4000 Boleyn Ter, Olney, MD 20832 (MLS # MC8683939)
4 beds 4 baths 3,640 sqft $609,000
4808 Willow Stead Dr Olney, MD 20832
3 beds 4 baths $192,596
4254 Briars Rd Olney, MD 20832
Photo of 4254 Briars Rd, Olney, MD 20832 (MLS # MC8677397)
4 beds 3 baths 2,161 sqft $474,900
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
18227 Leman Lake Dr #504 Olney, MD 20832
Photo of 18227 Leman Lake Dr #504, Olney, MD 20832 (MLS # MC8676618)
2 beds 3 baths 1,137 sqft $215,000
17305 Evangeline Ln Olney, MD 20832
Photo of 17305 Evangeline Ln, Olney, MD 20832 (MLS # MC8670430)
4 beds 3 baths $580,000
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 $424,900
4240 Sandcastle Ln Olney, MD 20832
Photo of 4240 Sandcastle Ln, Olney, MD 20832 (MLS # MC8671796)
4 beds 3 baths 2,132 sqft $510,000
18605 Meadowland Ter Olney, MD 20832
Photo of 18605 Meadowland Ter, Olney, MD 20832 (MLS # MC8671344)
4 beds 3 baths $499,900
4527 Boastfield Ln Olney, MD 20832
Photo of 4527 Boastfield Ln, Olney, MD 20832 (MLS # MC8669780)
3 beds 4 baths 1,542 sqft $325,000
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
4612 Thornhurst Dr Olney, MD 20832
Photo of 4612 Thornhurst Dr, Olney, MD 20832 (MLS # MC8665094)
4 beds 4 baths $555,000
18246 Fox Chase Cir Olney, MD 20832
Photo of 18246 Fox Chase Cir, Olney, MD 20832 (MLS # MC8664118)
3 beds 4 baths $344,000
19320 Olney Mill Rd Olney, MD 20832
Photo of 19320 Olney Mill Rd, Olney, MD 20832 (MLS # MC8662948)
3 beds 3 baths $444,900
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

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
http://www.stpetersschoololney.org/
The Julia Brown Montessori Schools
PK-3, private
Olney Adventist Preparatory
K-8, private
Oakdale Christian Academy
K, private