Olney, MD Real Estate
According to census data in the year 2000 there were 10,429 housing units in Olney.
This represents a 43.5% growth from 7,267 in 1990.
Of those housing units, 10,429 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Olney is about 91.2%.
Olney's vacancy rate, including seasonal lodging, is about 1.4%.
Average household size is 3.06 people.
The majority of houses, apartments or condos in Olney were built after 1984.
|Housing Units by Size|
|Five Bedrooms or more||11.10%|
Owned Homes, Apartments and Condos
|Average Household Size||3.1|
|Median year structure was built||1984|
|Median Value of occupied units||$243,800|
|Median Price asked for vacant units||$341,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1986|
|Median Monthly Rent asked for vacant units||$680|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||17%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.4%|