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

$446,000 Average Price
1,808Avg Home Size
1985Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $455,500 $178,400
Median Single Family Home Value $539,300 $177,800
Median Condo Value $317,800 $183,600
Median 3-Bedroom Home Value $374,600 $172,500
Median 4-Bedroom Home Value $533,500 $289,900
Percent Homes Decreasing 34.6% 34.4%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $242 $114
Median List Price 0 0
Median Sale Price $446,000 $208,200
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,008 $2,133
Turnover (Sold Within Last Yr.) 4% 4.1%
Median Value Per Sq Ft 0 0
1-Yr. Change -0.2% 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

4810 WALTONSHIRE CIR Olney, MD 20832
Photo of 4810 WALTONSHIRE CIR, Olney, MD 20832 (MLS # MC9006225)
3 beds 4 baths $499,900
2905 CLOVERCREST WAY Olney, MD 20832
Photo of 2905 CLOVERCREST WAY, Olney, MD 20832 (MLS # MC9006238)
3 beds 4 baths $409,900
18240 FOX CHASE CIR Olney, MD 20832
Photo of 18240 FOX CHASE CIR, Olney, MD 20832 (MLS # MC8640776)
4 beds 3 baths $349,990
17949 DUMFRIES CIR Olney, MD 20832
Photo of 17949 DUMFRIES CIR, Olney, MD 20832 (MLS # MC8640749)
3 beds 4 baths $474,900
17900 DANUBE LN Olney, MD 20832
Photo of 17900 DANUBE LN, Olney, MD 20832 (MLS # MC8639712)
4 beds 4 baths $539,900
2601 SPARTAN RD Olney, MD 20832
Photo of 2601 SPARTAN RD, Olney, MD 20832 (MLS # MC8638345)
4 beds 3 baths $544,900
18239 FOX CHASE CIR Olney, MD 20832
Photo of 18239 FOX CHASE CIR, Olney, MD 20832 (MLS # MC8638702)
2 beds 4 baths $339,999
17137 MOSS SIDE LN, Unit 13 Olney, MD 20832
Photo of 17137 MOSS SIDE LN, Unit 13, Olney, MD 20832 (MLS # MC8636908)
3 beds 2 baths 1,240 sqft $314,900
16808 CENTERFIELD WAY Olney, MD 20832
Photo of 16808 CENTERFIELD WAY, Olney, MD 20832 (MLS # MC8636823)
4 beds 4 baths $395,000
18212 ALLWOOD TER Olney, MD 20832
Photo of 18212 ALLWOOD TER, Olney, MD 20832 (MLS # MC8627775)
4 beds 3 baths $519,000
5 MORNINGWOOD CT Olney, MD 20832
Photo of 5 MORNINGWOOD CT, Olney, MD 20832 (MLS # MC8632758)
4 beds 3 baths 2,208 sqft $544,000
3509 SINGERS GLEN DR Olney, MD 20832
Photo of 3509 SINGERS GLEN DR, Olney, MD 20832 (MLS # MC8634231)
5 beds 5 baths $579,900
18111 QUEEN ELIZABETH DR Olney, MD 20832
Photo of 18111 QUEEN ELIZABETH DR, Olney, MD 20832 (MLS # MC8633456)
4 beds 4 baths 2,732 sqft $534,900
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 $579,000
17811 BUEHLER RD, Unit 2-D-3 Olney, MD 20832
Photo of 17811 BUEHLER RD, Unit 2-D-3, Olney, MD 20832 (MLS # MC8632931)
2 beds 2 baths 880 sqft $149,900
224 HARBINGER DR Olney, MD 20832
Photo of 224 HARBINGER DR, Olney, MD 20832 (MLS # MC8631618)
5 beds 5 baths $935,000
3024 FINSEL CT Olney, MD 20832
Photo of 3024 FINSEL CT, Olney, MD 20832 (MLS # MC8631245)
3 beds 4 baths $412,500
2516 LINDENWOOD DR Olney, MD 20832
Photo of 2516 LINDENWOOD DR, Olney, MD 20832 (MLS # MC8630867)
5 beds 4 baths $615,000
7 GAINFORD CT Olney, MD 20832
Photo of 7 GAINFORD CT, Olney, MD 20832 (MLS # MC8629577)
3 beds 3 baths $525,000
1 OLD BALTIMORE CT Olney, MD 20832
Photo of 1 OLD BALTIMORE CT, Olney, MD 20832 (MLS # MC8629399)
4 beds 3 baths 2,052 sqft $465,000
18606 BRANSFORD PL Olney, MD 20832
Photo of 18606 BRANSFORD PL, Olney, MD 20832 (MLS # MC8627244)
5 beds 4 baths $875,000
18253 LEMAN LAKE DR, Unit 606 Olney, MD 20832
Photo of 18253 LEMAN LAKE DR, Unit 606, Olney, MD 20832 (MLS # MC8627195)
2 beds 3 baths 1,137 sqft $203,400
17306 SANDY KNOLL DR Olney, MD 20832
Photo of 17306 SANDY KNOLL DR, Olney, MD 20832 (MLS # MC8625004)
3 beds 3 baths 1,618 sqft $324,900
3020 OHARA PL Olney, MD 20832
Photo of 3020 OHARA PL, Olney, MD 20832 (MLS # MC8624183)
3 beds 3 baths 1,440 sqft $285,000
17517 SAINT THERESA DR Olney, MD 20832
Photo of 17517 SAINT THERESA DR, Olney, MD 20832 (MLS # MC8618152)
3 beds 4 baths $425,000
4636 RIPLEY MANOR TER Olney, MD 20832
Photo of 4636 RIPLEY MANOR TER, Olney, MD 20832 (MLS # MC8623201)
3 beds 3 baths $415,999
18032 BILNEY DR Olney, MD 20832
Photo of 18032 BILNEY DR, Olney, MD 20832 (MLS # MC8622889)
4 beds 3 baths 2,132 sqft $475,000
18713 ASHBOURNE PL Olney, MD 20832
Photo of 18713 ASHBOURNE PL, Olney, MD 20832 (MLS # MC8618582)
6 beds 5 baths 5,304 sqft $875,000
3503 CHERRY VALLEY DR Olney, MD 20832
Photo of 3503 CHERRY VALLEY DR, Olney, MD 20832 (MLS # MC8620024)
3 beds 3 baths $459,900
2004 BISHOPS CASTLE DR Olney, MD 20832
Photo of 2004 BISHOPS CASTLE DR, Olney, MD 20832 (MLS # MC8619732)
4 beds 4 baths 3,216 sqft $579,800

Sold Listings in Olney

3724 Gelderland Ct Olney, MD 20832
Photo of 3724 Gelderland Ct, Olney, MD 20832 (MLS # MC8599094)
3 beds 3 baths $289,900
17570 Macduff Ave Olney, MD 20832
Photo of 17570 Macduff Ave, Olney, MD 20832 (MLS # MC8595659)
3 beds 2 baths $293,000
18000 Sunset Lake Ct Olney, MD 20832
Photo of 18000 Sunset Lake Ct, Olney, MD 20832 (MLS # MC8595736)
3 beds 4 baths 1,920 sqft $335,000
18023 Ohara Cir Olney, MD 20832
Photo of 18023 Ohara Cir, Olney, MD 20832 (MLS # MC8594435)
2 beds 2 baths 1,040 sqft $240,000
18023 OHARA CIR Olney, MD 20832
Photo of 18023 OHARA CIR, Olney, MD 20832 (MLS # MC8594435)
2 beds 2 baths 1,040 sqft $240,000
17801 Buehler Rd #110 Olney, MD 20832
Photo of 17801 Buehler Rd #110, Olney, MD 20832 (MLS # MC8593583)
4 beds 2 baths 1,252 sqft $168,000
17801 BUEHLER RD, Unit 110 Olney, MD 20832
Photo of 17801 BUEHLER RD, Unit 110, Olney, MD 20832 (MLS # MC8593583)
4 beds 2 baths 1,252 sqft $168,000
17728 Overwood Dr Olney, MD 20832
Photo of 17728 Overwood Dr, Olney, MD 20832 (MLS # MC8592298)
4 beds 3 baths $415,000
3200 Carnegie Hall Cir Olney, MD 20832
Photo of 3200 Carnegie Hall Cir, Olney, MD 20832 (MLS # MC8589594)
3 beds 4 baths 2,094 sqft $424,900
18613 Clovercrest Cir Olney, MD 20832
Photo of 18613 Clovercrest Cir, Olney, MD 20832 (MLS # MC8589887)
3 beds 3 baths $385,000
18613 Meadowland Ter Olney, MD 20832
Photo of 18613 Meadowland Ter, Olney, MD 20832 (MLS # MC8586614)
5 beds 4 baths $583,000
18207 FOX CHASE CIR Olney, MD 20832
Photo of 18207 FOX CHASE CIR, Olney, MD 20832 (MLS # MC8585672)
3 beds 4 baths $349,999
18528 Queen Elizabeth Dr Olney, MD 20832
Photo of 18528 Queen Elizabeth Dr, Olney, MD 20832 (MLS # MC8583075)
4 beds 3 baths $485,450
18508 Oxfordshire Ter Olney, MD 20832
Photo of 18508 Oxfordshire Ter, Olney, MD 20832 (MLS # MC8581747)
4 beds 4 baths 3,000 sqft $510,000
18508 OXFORDSHIRE TER Olney, MD 20832
Photo of 18508 OXFORDSHIRE TER, Olney, MD 20832 (MLS # MC8581747)
4 beds 4 baths 3,000 sqft $510,000
18039 Vintage River Ter Olney, MD 20832
Photo of 18039 Vintage River Ter, Olney, MD 20832 (MLS # MC8580243)
3 beds 4 baths $291,900
18601 Thornberry Ln Olney, MD 20832
Photo of 18601 Thornberry Ln, Olney, MD 20832 (MLS # MC8578294)
5 beds 3 baths $510,000
18626 Clovercrest Cir Olney, MD 20832
Photo of 18626 Clovercrest Cir, Olney, MD 20832 (MLS # MC8574045)
3 beds 4 baths $405,000
4908 Tothill Dr Olney, MD 20832
Photo of 4908 Tothill Dr, Olney, MD 20832 (MLS # MC8567587)
3 beds 3 baths 2,512 sqft $479,000
3630 Martins Dairy Cir Olney, MD 20832
Photo of 3630 Martins Dairy Cir, Olney, MD 20832 (MLS # MC8572164)
4 beds 5 baths $750,000
19 Shadowridge Ct Olney, MD 20832
Photo of 19 Shadowridge Ct, Olney, MD 20832 (MLS # MC8571545)
3 beds 4 baths $325,000
4121 Sir Walter Rd Olney, MD 20832
Photo of 4121 Sir Walter Rd, Olney, MD 20832 (MLS # MC8561388)
3 beds 3 baths 2,038 sqft $519,900
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
3550 Softwood Ter Olney, MD 20832
Photo of 3550 Softwood Ter, Olney, MD 20832 (MLS # MC8568655)
4 beds 4 baths 1,920 sqft $326,900
4021 Gelding Ln Olney, MD 20832
Photo of 4021 Gelding Ln, Olney, MD 20832 (MLS # MC8566840)
5 beds 3 baths 2,222 sqft $522,500
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
18266 Windsor Hill Dr #403 Olney, MD 20832
Photo of 18266 Windsor Hill Dr #403, Olney, MD 20832 (MLS # MC8559725)
2 beds 2 baths 1,032 sqft $209,000

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