Why Live in Olney
Olney, a suburb situated between Washington, D.C., and Baltimore, offers a mix of small-town charm and urban amenities. The neighborhood features numerous parks, walking trails, and recreational areas, including the 61-acre Olney Manor Recreational Park, which hosts youth sports and includes a dog park and courts for basketball and tennis. Residents enjoy local attractions such as the Olney Farmers and Artists Market, Lone Oak Farm Brewing Company, and the Olney Theater Center, providing plenty of things to do. Dining options range from fast casual to fine dining, with most businesses located around the Georgia Avenue and Olney Sandy Spring Drive intersection. Homes in Olney are predominantly midcentury builds, including Colonial Revivals, bilevels, and ramblers, with townhouses and condos closer to Georgia Avenue. Residential streets are well-paved and often end in cul-de-sacs, featuring grassy front lawns and two-car garages. The neighborhood is served by highly rated Montgomery County Public Schools and Sandy Springs Friends School. Commuting is convenient with Georgia Avenue providing access to D.C. in 18 miles and Baltimore in 33 miles, while Glenmont Metro Station offers Red Line trains into the capital. Baltimore/Washington International Thurgood Marshall Airport and Ronald Reagan Washington National Airport are both around 30 miles away. Crime rates in Olney are lower than the national average, contributing to its appeal as a safe and welcoming community.
Home Trends in Olney, MD
On average, homes in Olney, MD sell after 17 days on the market compared to the national average of 50 days. The median sale price for homes in Olney, MD over the last 12 months is $665,000, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$665,000
Median Single Family Sale Price
$780,500
Median Townhouse Sale Price
$530,000
Median 2 Bedroom Sale Price
$324,567
Median 1 Bedroom Sale Price
$173,000
Average Price Per Sq Ft
$249
Number of Homes for Sale
37
Last 12 months Home Sales
267
Median List Price
$675,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%