The story of this market
The typical home in ZIP 20832 sells for about $693,900, or $282 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 24 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,453 a month.
ZIP 20832 — Olney
The housing market in 20832 remains stable with solid demand and limited inventory, keeping prices firm. High median household incomes and strong school ratings continue to drive interest from family buyers in this suburban enclave.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with access to high-quality schools and a stable community environment.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 24 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 4.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 20832, Montgomery County MD
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by highly-rated public schools within the Montgomery County Public Schools system, which is widely recognized for academic excellence.
The area benefits from its proximity to major employment hubs in the Washington D.C. metropolitan region, with steady demand for suburban residential housing.
Property taxes are assessed by Montgomery County; rates are determined by the county council and include state, county, and special district levies.
Residents primarily commute via personal vehicle toward employment centers in Rockville, Bethesda, and Washington D.C., with limited public transit options.
The area features several local parks, community centers, and proximity to regional greenbelts, with shopping and dining concentrated in the Olney town center.
The rental market is competitive with low inventory and rising rents, driven by sustained demand for suburban living in the Montgomery County area.
The local economy is heavily integrated into the broader Montgomery County employment base, which includes significant sectors in biotechnology, government, and professional services.
The area is primarily served by major highway corridors including MD-97 and MD-108, facilitating regional access.
Development is largely focused on infill residential projects and the maintenance of existing commercial infrastructure in the town center.
The Montgomery County Department of Finance and the State Department of Assessments and Taxation manage property valuations and tax assessments.
Parcels are subject to Montgomery County property taxes, which fund local schools, public safety, and municipal services.
Data retrieved from data.census.gov ZCTA 20832 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- F1 Arcade Washington, D.C.4.616.7 mi
- Urban Air Trampoline and Adventure Park4.111.6 mi
- Lake Fairfax Park4.618.5 mi
- K1 Speed Jessup4.514.7 mi
- Sky Zone Trampoline Park4.16.9 mi
- Capital One Arena4.517.3 mi
- Nationals Park4.619.1 mi
- Walter E. Washington Convention Center4.516.8 mi
- Northwest Stadium419.7 mi
- International Spy Museum4.418.2 mi
- Westfield Montgomery4.49.4 mi
- Westfield Wheaton4.27.6 mi
- Brookside Gardens4.86.1 mi
- Glenstone4.711.4 mi
- Rock Creek Park4.812.4 mi
- Lincoln Memorial4.817.7 mi
- Smithsonian National Museum of Natural History4.817.7 mi
- Smithsonian's National Air and Space Museum4.618 mi
- United States Capitol4.718 mi
- National Mall4.817.9 mi
- Brookside Gardens4.86.1 mi
- Rock Creek Park4.812.4 mi
- Cabin John Ice Rink4.49 mi
- Glen Echo Park4.612.9 mi
- Seneca Creek State Park4.79.9 mi
- Topgolf Germantown4.310.6 mi
- Congressional Country Club4.711.9 mi
- Northwest Golf Course4.33 mi
- Needwood Golf Course4.34 mi
- Blue Mash Golf Course4.34 mi
- The Mall in Columbia4.412 mi
- Westfield Montgomery4.49.4 mi
- Westfield Wheaton4.27.6 mi
- Butler's Orchard4.69.8 mi
- Rio Gaithersburg4.87.3 mi
- Dulles International Airport4.124.8 mi
- Ronald Reagan Washington National Airport4.220.5 mi
- Baltimore/Washington International Thurgood Marshall Airport4.321.5 mi
- Capital One Lounge at IAD4.324.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The primary commercial hub for the community featuring various retail and dining options.
A large regional park offering sports fields, tennis courts, and community facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.