Zip 20833 (Olney, MD) Housing

The housing market in Olney, MD (20833) is faring better than the national average. The median home value in Olney is $676,700, compared to the median US home value of $338,100. Furthermore, the 1 year appreciation rate for homes in Olney is 5.58%, whereas the national appreciation rate for homes over the same period of time is 8.27%. Therefore, it is clear that investments into housing in Olney are more likely to maintain their value long-term than housing investments across the country as a whole.

The median home cost in Olney (zip 20833) is $676,700. Home appreciation the last 10 years has been 46.2%. Home Appreciation in Olney (zip 20833) is up 11.3%.

Average Age of Homes

- The median age of Olney (zip 20833) real estate is 31 years old

The Rental Market in Olney (zip 20833)

- Renters make up 10.2% of the Olney (zip 20833) population
- 0.0% of houses and apartments in Olney (zip 20833), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Olney, Maryland	United States
	2,661.0	139,647,020.0
	38	42
	$676,700	$338,100
	11.3%	16.6%
	30.3%	57.0%
	46.2%	101.1%
	$7.79	$10.98
	$5,078	$2,690
	91.8%	57.4%
	1.7%	11.2%
	6.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.3%	0.4%
	0.3%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	0.4%	13.0%
	0.3%	20.1%
	3.1%	13.6%
	20.4%	8.3%
	42.6%	9.7%
	21.2%	3.9%
	4.0%	2.2%
	0.0%	0.8%
	8.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	12.3%	13.6%
	12.3%	13.6%
	27.6%	13.6%
	11.6%	13.2%
	37.6%	14.8%
	27.6%	13.6%
	2.6%	10.0%
	2.5%	4.7%
	3.3%	12.2%

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