Olney, MD Housing Market & Real Estate
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?
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
| Metric | Value |
|---|---|
| Median sale price | $615,000 |
| Median list price | $693,925 |
| Year-over-year price change | -2.7% |
| Average days on market | 36 days |
| Active inventory | 31 listings |
| Months of supply | 1.2 months |
| Sale-to-list price ratio | 100.4% |
| Market condition | Strong 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
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
William H. Farquhar Middle
Grades 6-8 · 646 students
Olney Elementary
Grades K-5 · 604 students
Brooke Grove Elementary
Grades PK-5 · 415 students
Belmont Elementary
Grades K-5 · 348 students
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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