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Olney Town Center (Town Center)

OLNEY, MD 20832

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 20832

Olney Town Center (Town Center)

Market Analysis

Data as of September 2026. Source: Realtor.com.

The OLNEY, MD real estate market (20832) currently shows 59 active listings, with 19 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 34 days on market compared to 29 days last year.

The median listing price has fallen 11.4% year-over-year, from $733,250 to $650,000.

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Market Context

Market Context

Population: 25,488  ·  Density: 1,024.1/mi²  ·  Median household income: $160,287

Typical home value: $572,750  ·  Homeownership: 87.5%

Market Overview

Active Listings
59
⇧ 18% vs 50 last year
Pending
19
32% pending ratio
Median Price
$650,000
⇩ 11.4% vs $733,250 last year
Average Price
$707,759
⇩ 9% vs $777,748 last year
Days on Market
34
⇧ 17.2% vs 29 days last year

Price Per Square Foot

Median $/sqft
$262
⇩ 8.7% vs $287/sqft last year
Median Home Size
2,009 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 59 this year vs 50 last year
  • Days on market: 34 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $650,000 (-11.4% YoY)
  • Average: $707,759 (-9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 7.8 miles — 450 listings ($326,622,936 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20832Olney, MD 208320.0 mi40$24,383,920$562,250$609,598
20855Derwood, MD 208553.3 mi35$25,612,545$630,225$731,787
20853Rockville, MD 208533.6 mi33$24,116,103$609,995$730,791
20861Ashton, MD 208614.0 mi5$5,758,085$1,068,000$1,151,617
20905Silver Spring, MD 209055.3 mi16$11,654,608$708,750$728,413
20879Gaithersburg, MD 208795.6 mi44$17,155,204$341,250$389,891
20777Highland, MD 207775.9 mi9$15,649,182$1,512,500$1,738,798
20877Gaithersburg, MD 208776.2 mi45$19,450,935$410,400$432,243
21036Dayton, MD 210366.9 mi2$5,374,500$2,687,250$2,687,250
20850Rockville, MD 208507.1 mi116$88,458,932$757,500$762,577
21029Clarksville, MD 210297.5 mi34$47,589,018$1,037,450$1,399,677
21737Glenelg, MD 217377.7 mi4$5,085,000$1,312,500$1,271,250
20904Silver Spring, MD 209047.8 mi67$36,334,904$507,500$542,312

Frequently Asked Questions

How many homes are for sale in OLNEY, MD 20832?

As of September 2026, there are 59 active listings in OLNEY, MD (zip code 20832), compared to 50 the prior year.

What is the median home price in OLNEY, MD 20832?

The median listing price in OLNEY, MD 20832 is $650,000 as of September 2026, a 11.4% decrease from $733,250 the prior year.

How long do homes stay on the market in OLNEY, MD?

Homes in OLNEY, MD 20832 spend an average of 34 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in OLNEY, MD 20832?

Based on current inventory and days-on-market data as of September 2026, OLNEY, MD 20832 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 34 days on market compared to 29 days last year.

How much can I save on real estate commission in OLNEY, MD?

With SELL123.com's maximum 3% commission, sellers in OLNEY, MD 20832 save an estimated $13,000 compared to a typical 5% commission on the median listing price of $650,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.