Olney, MD
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
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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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