Why Live in Olney
Olney, a suburb situated roughly halfway between Washington, D.C., and Baltimore, features a mix of brick colonials, A-frame houses, split-levels, condominiums, and townhouses, often found on cul-de-sacs with grassy front lawns and two-car garages. The community is a blend of generational families and new residents, creating a close-knit atmosphere. Local amenities include a farmers market, numerous walking trails, parks, and the Olney Theatre Center for live performances. The area is known for its vibrant youth sports programs, with the Olney Boys & Girls Club offering soccer, lacrosse, and flag football. Olney Manor Recreational Park, spanning 61 acres, provides a dog park, basketball and tennis courts, and hosts various sporting events. Dining options are diverse, with Brew Belly serving Maryland beers and comfort food, Lone Oak Farm Brewing Company offering farm-brewed beer, and Salt & Vine providing Italian cuisine. Grocery shopping is convenient with Giant Food and Harris Teeter nearby. The neighborhood is served by highly rated schools, including Belmont Elementary School, Rosa M. Parks Middle School, and Sherwood High School. Safety in Olney is comparable to the national average. Commuting is facilitated by two Metro stations within 15 minutes and major thoroughfares like Georgia Avenue, making it about an hour's drive to D.C. and 45 minutes to Baltimore. The proximity to both cities means residents often work in various locations, with many small business owners living locally.
Home Trends in Olney, MD
On average, homes in Olney, MD sell after 52 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 $469,900, up 29% from the median home sale price over the previous 12 months.
Median Sale Price
$469,900
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$492,500
Median 2 Bedroom Sale Price
$407,777
Median 1 Bedroom Sale Price
$269,499
Average Price Per Sq Ft
$320
Number of Homes for Sale
37
Last 12 months Home Sales
200
Median List Price
$475,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
29%