Olney, MD Housing Market & Real Estate

Strong seller's market-2.7% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Olney, MD is $615,000, down 2.7% year-over-year. Homes sell in an average of 36 days with 31 active listings. The market is currently a strong seller's market.

$615,000median sale price

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

Strong seller's market1.2 months of supply36 avg. days on market

Olney, MD is currently a strong seller's market, based on 1.2 months of supply and homes selling in about 36 days. How we determine this →

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

Olney, MD market data

Current housing market statistics for Olney, MD
MetricValue
Median sale price$615,000
Median list price$693,925
Year-over-year price change-2.7%
Average days on market36 days
Active inventory31 listings
Months of supply1.2 months
Sale-to-list price ratio100.4%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

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%

Top public schools in Olney

5 schools tracked · 2,868 students

The largest public schools serving Olney, MD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Rosa M. Parks Middle

Grades 6-8 · 855 students

Public

William H. Farquhar Middle

Grades 6-8 · 646 students

Public

Olney Elementary

Grades K-5 · 604 students

Public

Brooke Grove Elementary

Grades PK-5 · 415 students

Public

Belmont Elementary

Grades K-5 · 348 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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