Olney, MD housing market
The typical Olney home is worth about $659,000, about the same as a year ago, 54% above the Maryland typical home. Homes typically sell in 29 days, a little above asking.
Home values, sales, trends and how Olney compares with the towns next door — updated as new data is published.
Olney at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Olney | Maryland |
|---|---|---|
| 2017 | $471,000 | $290,000 |
| 2018 | $484,000 | $301,000 |
| 2019 | $496,000 | $310,000 |
| 2020 | $510,000 | $322,000 |
| 2021 | $546,000 | $349,000 |
| 2022 | $584,000 | $384,000 |
| 2023 | $599,000 | $398,000 |
| 2024 | $620,000 | $412,000 |
| 2025 | $653,000 | $427,000 |
| 2026 | $658,000 | $429,000 |
| August 2026 | $659,000 | $428,000 |
Olney and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Olney | $659K | +0.4% | $2,550 | $171,458 |
| Ashton-Sandy Spring | — | +4%† | $2,230 | $174,063 |
| Aspen Hill | — | +0.5%† | $2,240 | $111,575 |
| Brookeville | $797K | +0.9% | $2,530 | $165,625 |
| Leisure World | — | +2.9%† | $2,190 | $62,011 |
† FHFA price index change, where Zillow has no home value for the town.
3.8 years of income
The typical Olney home costs about 3.8 years of the town's median household income, about the same as across Maryland (4.1).
How Olney ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,550
HUD's Fair Market Rent for a two-bedroom in Olney is $2,550 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Olney pay a median of $2,404. A two-bedroom takes about 18% of the town's median household income.
Studio $2,220 · 4 bedrooms $3,780
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (20832, 20833, 20853, 20860, 20906; Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Olney
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.