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Foreclosure Homes in Olney, MD 20906

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Olney, MD Foreclosures

How much do homes sell for in Olney, MD?
The average home price is currently $713,197.
In Olney, MD, how many homes are available?
There are currently 200 active home listings available in Olney.
What’s the average rental cost in Olney, MD?
The average rental price in Olney is $2,503.
What is the most expensive home in Olney?
The most expensive home sold in Olney had a price of $113,174,960.
What is currently the cheapest priced home in Olney, MD?
The cheapest home for sale in Olney is priced at $30,585.

Living in Olney, MD

Olney, MD is a picturesque suburban community that offers a peaceful lifestyle while being conveniently located near Washington, D.C. With its abundance of parks, top-rated schools, and family-oriented amenities, Olney is an ideal location for families looking for a sense of community. Residents enjoy local shops, restaurants, and easy access to larger metropolitan areas.

Current Market Conditions in Olney, MD

The Olney real estate market has experienced steady growth over the past few years, with an increase in demand for single-family homes. The community's appeal has drawn many buyers looking for suburban living with easy access to urban areas. Inventory remains relatively low, leading to competitive offers and rising home prices.

Home Value Estimator For Olney, MD

There are currently 8,892 real estate properties in Olney, MD, with a median automated valuation model (AVM) price of $674,680.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Olney, MD, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Olney, MD, is $713,197.00, with the most expensive house in Olney, MD, topping out at $113,174,960.00 and the cheapest home in Olney, MD, clocking in at $30,585.00. In other words, there’s something for every potential homebuyer or savvy investor in Olney, MD!

Rent Prices In Olney, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Olney, MD, is on a rollercoaster ride. The average rent price in Olney, MD, is $2,503.00. Indeed, when looking to rent in Olney, MD, you can expect to pay as little as $1,210.00 or as much as $5,380.00, with the average rent median estimated to be $2,450.00. The good news is that finding an affordable and desirable property to rent in Olney, MD -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Olney, MD 20906 Foreclosures

Market Trend for Olney, MD

Total Listings Available: 200

Market Values:

Home Prices from $30,585 to $113,174,960

Average Sales Price: $713,197

Rental Values:

Rental from $1,210 to $5,380

Average Rent Value: $2,503 / month

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