Olney, MD
Full City Profile · Maryland · Montgomery County County
4.8
/5.0
A+
Excellent
36,000
Population
2,225/sq mi density
$171,766
Median Income
$66,802 per capita
$632,400
Home Value
$658,878 Zillow
$2,409
Median Rent
30.5% income on rent
56°F
Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.7 / 5.0
$171,766 median income, 4.0% unemployment
A+
Affordability
4.6 / 5.0
$632,400 home value, $2,409/mo rent
A+
Education
5.0 / 5.0
64.7% bachelor's degree or higher
Housing Overview
Median Home Value
$632,400
124% above
US avg: $281,900
Median Rent
$2,409/mo
107% above
US avg: $1,163/mo
Homeownership Rate
88.6%
35% above US avg (65.4%)
Total Housing Units
12,170
Median year built: 1986
Home Value by Source
Census Median
$632,400
Zillow (ZHVI)
$658,878
Redfin Median Sale
$615,000
Median Sale Price
$615,000
Median List Price
$693,925
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
88.6%
Owner-Occupied
11.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent:
$2,409/mo
Market Indicators (Redfin)
Median Sale Price
$615,000
Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
25
Price Drops
9.7%
of listings with price reduction
Price Per Sq Ft
$272
Active Inventory
31
homes for sale
Affordability & Housing Stock
Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
88.6%
Complete Housing Data
Home Values
| Census Median Value | $632,400 |
| Zillow Home Value (ZHVI) | $658,878 |
| Redfin Median Sale | $615,000 |
| Median Sale Price | $615,000 |
| Median List Price | $693,925 |
| Price Per Sq Ft | $272 |
Rent
| Census Median Rent | $2,409 |
| FMR Studio | $1,312 |
| FMR 1-Bedroom | $1,400 |
| FMR 2-Bedroom | $1,648 |
| FMR 3-Bedroom | $2,123 |
| FMR 4-Bedroom | $2,442 |
Market
| Days on Market | 36 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 9.7% |
| Homes Sold | 25 |
| Active Inventory | 31 |
| Price Per Sq Ft | $272 |
Ownership & Stock
| Owner-Occupied | 88.6% |
| Renter-Occupied | 11.4% |
| Homeownership Rate | 88.6% |
| Total Housing Units | 12,170 |
| Median Year Built | 1986 |
| Rent Burden | 30.5% |