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Olney, MD—20832

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$644,000
2.1% YoY Growth
Household Income
$167,000
26.2% YoY Growth
Days on Market
44
45.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$2,950
16.3% YoY Growth
1-Bed Rent
$1,590
28.1% YoY Growth
2-Bed Rent
$2,350
4.1% YoY Growth
3-Bed Rent
$3,000
4.2% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Olney, MD

As of Dec '25, the median home price in Olney, MD is $644,000, with a year-over-year change of 2.1%. This indicates that home prices in Olney, MD are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$644,0002.1%
Single Family $673,0001.5%
Condos $322,000-0.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$321,000-0.3%
    3 Bed
    		$489,0000.6%
    4 Bed
    		$742,0000.5%
    5 Bed $865,287-0.2%
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    % of Housing Stock

    Studio
    0.4%
    1 Bedroom
    1.6%
    2 Bedrooms
    8.1%
    3 Bedrooms
    34.9%
    4 Bedrooms
    42.7%
    5+ Bedrooms
    12.1%

    Rental Trends — Olney, MD

    As of July '25, Rentcast reports the average rent in Olney, MD is $3,210, with a year-over-year rent change of 16.3%. Per bedroom, the median rent as of July '25 in Olney, MD is studios: $1,100, 1-bedrooms: $1,590, 2-bedrooms: $2,340, 3-bedrooms: $3,000, 4-bedrooms: $4,150. The most common rental property sizes in Olney, MD are 3-bedroom and 2-bedroom, accounting for 45.9% and 22.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,950$3,210
    Studio Rent $1,100$1,100
    1 Bed Rent $1,590$1,590
    2 Bed Rent $2,350$2,340
    3 Bed Rent $3,000$3,000
    4 Bed Rent $3,000$4,150
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    % of Rental Stock

    Studio
    3.0%
    1 Bedroom
    2.6%
    2 Bedrooms
    22.3%
    3 Bedrooms
    45.9%
    4 Bedrooms
    19.4%
    5+ Bedrooms
    6.8%

    Property Listings — Olney, MD

    As of Dec '25, Realtor.com reports that the median days on market for a home in Olney, MD is 31. This is a increase of 80.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$687,00012.0%
    Listing Count
    		3433.0%
    Listings as % of Homes0.2%33.0%
    Days on Market
    		4445.0%
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    Demographics — Olney, MD

    As of the latest ACS Survey released in 2023, Olney, MD has a population of 25,800, which has decreased by -2.6% over the past 5 years. Olney, MD is a popular place for families, as children make up 26.9% of the population. The area has a highly educated workforce, with 63.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		25,800-2.6%
    % Under 18
    		26.9%12.6%
    % Seniors
    		15.2%3.4%
    % WFH
    		25.4%345.6%
    % w/ College Degree
    		63.6%6.0%
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    As of the latest ACS Survey released in 2023, Olney, MD is a predominantly white area, with 55.9% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Olney, MD is black, making up 13.5% of the population. Foreign-born residents account for 22.2% of the population in Olney, MD, and this percentage has increased by 0.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		55.9%-8.8%
    % Black
    		13.5%22.7%
    % Hispanic
    		12.1%14.2%
    % Asian
    		11.9%-3.3%
    % Foreign Born
    		22.2%0.9%
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    Mortgage and Risk — Olney, MD

    According to HUD data as of 2023, there were 350 mortgage originations in Olney, MD, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Olney, MD. Investor activity is low, as 0.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		350
    % Conventional Loans
    		90.0%
    % Government Loans
    		10.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		13.0%
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    Rentals and Section 8 — Olney, MD

    As of 2024, the percent of homes in Olney, MD under the Section 8 program is 11.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Olney, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		214
    Total Units Section 8
    		139
    % Rentals under Section 8
    		11.0%
    % Occupied Section 8
    		90.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$840$1,590$2,430
    2 Bedroom$390$2,350$2,740
    3 Bedroom$430$3,000$3,430
    4 Bedroom$1,040$3,000$4,040

    Affordability — Olney, MD

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.5
    Median Home Price$644,000
    Median Household Income$167,000

    Olney, MD — ZIP Code Boundary Map

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    Frequently Asked Questions