Olney, MD

Strong seller's market-2.7% YoY

Housing market overview · Updated weekly

$615,000median sale price

Homes sold

25

Last 12 weeks

Days on market

36

Average pace

Active listings

31

1.2 months supply

Sale-to-list

100.4%

Above asking

The Olney housing market is currently classified as a strong seller's market with a median sale price of $615,000. Prices have fallen 2.7% compared to last year, with homes spending an average of 36 days on market, indicating 1.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Olney

There are currently 31 homes listed for sale in Olney, Maryland. The median listing price is $694K.

Active listings

31

Homes on market

Median list price

$694K

Avg. days on market

36

Days until sale

New this week

24

Newly listed

Price drops:9.7%of listings
Sale-to-list:100.4%

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Frequently asked questions

What is the average home price in Olney?

The median home sale price in Olney is $615,000, down 2.7% from last year.

How long do homes stay on market in Olney?

Homes typically spend 36 days on market before going under contract.

Is Olney a buyer's or seller's market?

With 1.2 months of supply, Olney is currently a strong seller's market.

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