Olney MD Multi Family for Sale

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Olney Real Estate

The median home value in Olney, MD is $647,000. This is higher than the county median home value of $441,500. The national median home value is $219,700. The average price of homes sold in Olney, MD is $647,000. Approximately 89.5% of Olney homes are owned, compared to 8.45% rented, while 2.05% are vacant. Olney real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olney real estate agent to arrange a tour today!

Olney, Maryland has a population of 35,766. Olney is more family-centric than the surrounding county with 38.65% of the households containing married families with children. The county average for households married with children is 37.55%.

The median household income in Olney, Maryland is $136,786. The median household income for the surrounding county is $103,178 compared to the national median of $57,652. The median age of people living in Olney is 42.1 years.

Olney Weather

The average high temperature in July is 86.6 degrees, with an average low temperature in January of 24.9 degrees. The average rainfall is approximately 43.8 inches per year, with 18.2 inches of snow per year.

Olney Real Estate Market Conditions

  • Median sales price

    $647,000
    0.99% change since last quarter
  • # Active listings

    30
    30-day change

Olney Schools and Demographics

Education near Olney, MD

Metric City County
High School Graduates 94.97 91.07
College Degree - 2 year 6.53 5.21
College Degree - 4 year 62.17 58.33
Graduate Degree 20.67 19.22
Expenditures per Student 16,548 16,800
Students per Teacher 15 15.1

Elementary Schools near Olney, MD

School Grades Students P/T Ratio ZIP
Belmont Elementary School KG - 05 309 15.6 20832
Brooke Grove Elementary School PK - 05 402 14.9 20832
Greenwood Elementary School PK - 06 510 18.3 20833
Mill Creek Towne Elementary School PK - 05 413 12.6 20855
Olney Elementary School PK - 05 633 19 20832
Sequoyah Elementary School PK - 05 440 11.8 20855
Sherwood Elementary School PK - 06 496 15.6 20860

Middle Schools near Olney, MD

School Grades Students P/T Ratio ZIP
Redland Middle School 06 - 09 545 13.9 20855
Rosa M. Parks Middle 06 - 09 906 17.5 20832
William H. Farquhar Middle 06 - 08 582 14.9 20832

High Schools near Olney, MD

School Grades Students P/T Ratio ZIP
Col. Zadok Magruder High 09 - 12 1,526 17.4 20855
Sherwood High School 09 - 12 1,894 17.1 20860

Demographics near Olney, MD

Metric City County
Neighborhood Type
Population 35,766 1,039,198
Population Density 2,208 2,108
Median Age 42.1 38.8
People per Household 3.1 2.8
Median Household Income 136,786 103,178
Average Income per Capita 53,417 51,162