20832: Olney, MD

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The Corus Maryland Team

Neighborhood Specialist


Corus Home Realty’s Maryland team is happy to assist you with any real estate needs you may have in the neighborhood. With more than 50 years of combined real estate experience, we’ve done more transactions in the area than any single agent. Send an email.

Neighborhood Specialists are people who have volunteered to provide information about their neighborhood to users of RealtyInstitute.com. Find out more.

The Realty Institute Index

The Realty Institute Index calculates the buyer-seller balance for this zip code based on the previous month's real estate sales activity. The index varies from 0 (very cold) to 100 (extremely hot).

Current index:

53

Market characteristics:

Balanced market

What this means:

This area is experiencing a balanced market, with a healthy equilibrium between buyers and sellers.


Real Estate Supply and Demand Analysis

Last month

Active home listings:

115

New contracts/mo:

38

Days inventory: (wt avg)

91


Home Sales Price Appreciation Analysis

Avg home price:

$460,257

vs. Year ago home price:
$509,763



192 homes for sale identified in this zip code

This chart displays the number of homes in Olney listed by local realtors, agents, and real estate brokerages within each home price range and type. Click on the matrix to view these real estate listings.

$0-$250k

Detached

2

Townhouses

12

Condos

$250k-$400k

1

Detached

57

Townhouses

5

Condos

$400k-$600k

63

Detached

22

Townhouses

Condos

$600k-$800k

28

Detached

Townhouses

Condos

$800k-$1.2mm

4

Detached

Townhouses

Condos

$1.2mm+

1

Detached

Townhouses

Condos


Facts about Olney

Total Population:

25,560

Ages 0-14(%):

24.95%

Female(%):

51.7%

Ages 15-24(%):

11.87%

Male(%):

48.3%

Ages 25-44(%):

27.88%

Median Hshld Income:

$97,316

Ages 45-54(%):

17.81%

Avg Hshld Size:

2.99

Ages 55plus(%):

17.49%

Avg Hshld Income:

$117,234

HS Diploma(%):

9.67%

Owner Occp(%):

89.37%

Bachelor's Degree(%):

19.65%

Tenant Occp(%):

10.63%

Professional Degree(%):

14.12%


Information and links for Olney

Maryland’s Intercounty Connector is ready to go!

Look for construction on Maryland’s ICC to begin soon. Here’s what it means to area real estate.

The Credit Crisis…

a step by step explanation

The demise of condo flipping.

Over the years, a lot of easy money has been made by flipping condos. Today, this is behind us, and a lot of flippers will be losing money.

Get the latest on the Intercounty Connector

After much controversy and debate, the Intercounty Connector is finally moving forward. It will have a big impact on several Maryland suburbs and will fuel growth. Get the latest info here.

A Purple Line from Bethesda to New Carrolton?

Momentum seems to be quickly gathering behind some type of transportation link between Montgomery and Prince George’s County.

Rockville Town Center Development Continues to Move Forward

Construction continues on the Rockville Town Center, located at the corner of Rockville Pike and Beall Avenue. Throughout the area, such towncenters have added excitement to the local area. We predict that this will be the case in Rockville as well. Initial elements will open in late 2006 with the grand opening to occur in 2007.

Olney Theatre brings the live stage to the area

Olney Theatre Center for the Arts offers a diverse array of professional productions year-round that enrich, nurture and challenge a broad range of artists, audiences and students. Olney Theatre is an award-winning regional theater for the entire family.

All about Maryland - from sports to education to agriculture and more

Montgomery County's Resources

Check out links to all that Montgomery County Government has to offer.


Other Olney links

All about Maryland - from sports to education to agriculture and more

Montgomery County's Resources

Olney Boys and Girls Community Sports Association

Play Montgomery - on-line guide to parks, recreation, and entertainment in Montgomery County, Maryland

Olney Theatre

Resource guide to Olney presented by the Olney Chamber of Commerce

Things to see and do in Montgomery County - helpful county links

Montgomery County Parks and Planning

All about Montgomery County, Maryland - Comprehensive resource guide

Montgomery County Public Schools web site

Cultural Alliance of Greater Washington

A Maryland State guide to attractions throughout the state

A guide to outdoor activities in Maryland

The Tech Council of Maryland

Metro and Metro Bus web site and trip planner

Calendar of events throughout the state of Maryland

The State of Maryland's guide to local Farmer's Markets

Washington Parent Magazine website

Montgomery College

Maryland Metro Transit Authority - bus and train routes, schedules and information

Montgomery General Hospital in Olney

Farmers Markets in Maryland

The Boy Scouts of America, National Capital Area

Lists of tourist attractions in Maryland

A resource guide to festivals in Maryland


Zip codes near Olney

20833: Brookeville, MD

20853: Aspen Hill/Rockville, MD

20855: Derwood, MD

20860: Sandy Spring, MD

20906: Silver Spring (Glenmont/Layhill), MD


The largest neighborhoods in Olney

Hallowell

Cherrywood

Olney Mill

Barnsley Manor Estates

James Creek

Camelback Village

Cashell Manor

Fair Hill

Fair Hill Farm

Oakland Farm

Williamsburg Village

Homeland Vl Olny

Olney Square

Cherrywood Thse

Olney Oaks


Comments about Olney

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News on Olney

Provided by local newspapers



Corus Home Realty

Information deemed reliable but not guaranteed, and should not be relied upon without verification.
RealtyInstitute.com and The Realty Institute are properties of Corus Home Realty.
Copyright 2006, Corus Home Realty

Map of Olney, 20832

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Featured real estate listings:

Click for details

Cashell Manor

$349,900

3BR 2FB 1HB
Click for aerial map.

Click for details

Cherrywood

$690,000

5BR 3FB 1HB
Click for aerial map.