Olney, MD Home Values & Market Trends
Real estate market trends reflect that there have been 223 transactions over the past year in Olney. The median value for residential home transactions that occurred over the previous year is $617,736.31. The number of current listings in Olney is 22, and the percentage of properties for sale in the city is 22.00%. Olney, MD currently has 4 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 22 properties for sale.
Olney, MD Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 20832 | $ 638,722 $ 278/sqft |
Housing Market Summary for Olney, MD
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $458.8K | $581K | 26.62% |
| Median Sold Price | $602K | $581K | -3.49% |
| Homes For Sale | 14 | 22 | 57.14% |
| Homes Sold | 137 | 143 | 4.38% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Olney, MD
Browse Homes in Olney, MD
Olney home values range from $105,420 to $3,403,245. The median estimated value of a home in Olney is $617,736.31. The median list price of a home is 598,950, and the total count of properties in the city is 8,460.
- Pre-ForeclosurePre-foreclosure homes account for 0.05% of all residential properties in Olney, MD with 20832 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Olney, MD; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,132,697 in 20832 to the lowest home value of $354,675 in 20832.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Olney, MD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Olney, MD. There is 1 zips within Olney, MD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Olney, MD. Auction homes and other auction properties account for 0% of all properties in Olney, MD. There is 1 zips within Olney, MD; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Olney, MD
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