Home prices
The median home in Olney is valued at $506,400. It is roughly $60,860 (13%) higher in comparison to nearby areas.Compared to the entire country it is approximately $288,900 (132%) higher, and it is roughly $95,100 (15%) lower in comparison to the city of Washington.
Rents
In Olney the median monthly rent is $1,948. This is about $130 (7%) higher in comparison to nearby areas.Compared to the entire nation it is roughly $886 (83%) higher, and in comparison to the city of Washington is approximately $407 (26%) higher.
Nearby places
Brookeville
Brookeville is Olney's neighbor to the north. Real estate prices there are pretty similar. The cost of the median home in Brookeville is $517,900, which works out to $11,500 (2%) higher than Olney. Rent there is significantly more expensive. The median rent in Brookeville is $3,083 a month, which comes out to $1,135 (36%) higher than Olney.
Ashton-Sandy Spring
Ashton-Sandy Spring is Olney's neighbor to the east. The housing prices there are a little more expensive. The median home in Ashton-Sandy Spring is valued at $653,900, which comes out to $147,500 (22%) higher than Olney. The rent there is substantially less expensive. The median rent in Ashton-Sandy Spring is $968 per month, which works out to $980 (101%) lower than Olney.
Leisure World
Leisure World is Olney's neighbor to the south. The real estate prices there are substantially less expensive. The median home in Leisure World is valued at $214,100, which works out to $292,300 (136%) lower than Olney. Rents there are somewhat less expensive. In Leisure World the median monthly rent is $1,621, which comes out to $327 (20%) lower than Olney.
Aspen Hill
Aspen Hill is Olney's neighbor to the south. Real estate prices there are a little less expensive. The cost of the median home in Aspen Hill is $423,300, which works out to $83,100 (19%) lower than Olney. Rents there are a bit less expensive. Aspen Hill's median rent is $1,684 a month, which works out to $264 (15%) lower than Olney.
Redland
Redland is roughly 3 miles west of Olney. The housing prices there are a bit less expensive. The median home in Redland costs $418,500, which comes out to $87,900 (21%) lower than Olney. Its rents are a little less expensive. In Redland the median rent is $1,736 per month, which comes out to $212 (12%) lower than Olney.
