Why Live in Olney
Olney, Maryland, located roughly halfway between Washington, D.C., and Baltimore, offers a blend of small-town charm and suburban convenience. The community is known for its extensive parklands, including the 61-acre Olney Manor Recreational Park, which features sports fields, a dog park, and courts for basketball and tennis. Rock Creek Regional Park, just west of Olney, is a popular spot for hiking and cycling, with Lake Needwood offering boating and fishing opportunities. Residents enjoy a variety of dining options, from casual eateries to fine dining, primarily located along Georgia Avenue and Olney Sandy Spring Drive. The local Lone Oak Farm Brewing Company highlights Olney's agricultural history with craft beers made from homegrown barley and wheat. The Olney Farmers and Artists Market is a Sunday morning staple, featuring local artists, chefs, and live music. For cultural activities, the Olney Theater Center hosts plays and live music performances.
Olney's housing market includes midcentury Colonial Revivals, bilevels, and ramblers, with townhouses and condos closer to Georgia Avenue. The area is served by Montgomery County Public Schools, which are highly rated, and private institutions like Sandy Springs Friends School. Commuting is convenient with Georgia Avenue providing a direct route to D.C., and the Glenmont Metro Station offering Red Line access. Baltimore is a 33-mile drive north on Interstate 95. The community is safer than the national average, with crime rates in Montgomery County having decreased recently. Olney's population, estimated at 35,800 in 2024, enjoys four distinct seasons and moderate summer heat.
Home Trends in Olney, MD
On average, homes in Olney, MD sell after 43 days on the market compared to the national average of 70 days. The median sale price for homes in Olney, MD over the last 12 months is $1,475,000, up 55% from the median home sale price over the previous 12 months.
Median Sale Price
$1,475,000
Median Single Family Sale Price
$1,475,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
1
Last 12 months Home Sales
1
Median List Price
$1,200,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
55%