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Olney, MD Home Values and Rents

The typical home value in Olney is $652,144, 33rd highest of 330 cities and towns in Maryland. Median rent is $2,404 a month.

Typical home value
$652,144
33rd of 330 in MD
Median rent
$2,404/mo
ACS 2020-2024
Price change, 1 year
+0.6%
Sep 2026
Homeownership
89.2%
MD: 67.6%

Home sale prices in the Washington-Arlington-Alexandria, DC-VA-MD-WV area

Zillow median sale price, Sep 2026

$540,784-1.0% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Olney

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodOlney
Sep 2026$652,144
Dec 2025$650,623
Dec 2024$643,162
Dec 2023$613,672
Dec 2022$591,073
Dec 2021$573,640
Dec 2020$535,080
Dec 2019$501,908
Dec 2018$490,137
Dec 2017$477,441
Dec 2016$463,444
Dec 2015$457,134
Dec 2014$453,725
Dec 2013$435,733
Dec 2012$413,145

Over five years, Olney prices changed +13.4%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
120860$654,200$1,405-+44.0%
220853$631,900$1,861-1.0%+35.8%
320832$627,000$2,453+9.0%+39.1%
420906$455,800$1,963+2.9%+35.9%

Fair Market Rents, FY2027

HUD rent standard for Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area

MD rents
Unit sizeMonthly rentvs FY2026
Studio$2,111+8.1%
1 bedroom$2,204+9.4%
2 bedrooms$2,438+8.5%
3 bedrooms$3,107+9.6%
4 bedrooms$3,658+9.8%

Frequently asked questions

What is the typical home value in Olney, MD?
The typical home value in Olney is $652,144 (Zillow Home Value Index, Sep 2026). The Maryland median is $419,900.
How much is rent in Olney?
The median rent in Olney is $2,404 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $2,438.
Are home prices going up in Olney?
The typical home value in Olney changed +0.6% over one year and +13.4% over five years, as of Sep 2026.
How does Olney compare with the rest of Maryland?
Olney has the 33rd highest median home value of 330 cities and towns with 1,000+ residents in Maryland.
Which ZIP code in Olney has the highest home values?
ZIP code 20860 has the highest median home value at $654,200, and 20906 has the lowest at $455,800.