Albert Hallivis
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Derwood Real Estate Analysis

History

Derwood was first recognized in the 1880s as a train stop on the B&O Railroad at the present intersection of Indianola Drive and Maryland Route 355, in the what is now known as the Derwood Station neighborhood.

A second, larger railroad station was built there from 1886-1889. In the early 1900s, a small community with a store, homes, and a church was thriving in the area surrounding the station. However, because it was located between two larger cities, Derwood did not grow much. Its population leveled off with the invention of the automobile, since people did not need to use trains as much as they did before.

On January 7, 1954, Schwartz Mill caught fire and both it and the Derwood railroad station were destroyed. Derwood station was never rebuilt, since there were not enough passengers traveling through the area.

In 1965, the man-made Lake Needwood was created by impounding Rock Creek, and the lake has become a popular recreation area.

In 1974, the Derwood post office relocated to Redland Shopping Center. It kept the name “Derwood Branch,” designating the entire 20855 zip code area as Derwood, thus greatly increasing the size of Derwood from one neighborhood to the present size. This area began to expand in population, especially after the Shady Grove Metro station opened in 1984.

 

Public schools

Residents are zoned to Montgomery County Public Schools.

Students who are residents of Derwood are either in the Magruder or Richard Montgomery cluster and attend the following schools:

Geography & Climate

Derwood is located in the north central part of Montgomery county, it lies in the Atlantic coastal plane, and is not far from the start of the Appalachian highlands. Derwood has a humid subtropical climate similar climate to nearby Washington D.C. It lies in hardiness zone 6b, with chilly winters, where the daily maximum is mostly above freezing, and the minimum is generally below freezing.

 

For more information about Derwood, visit its Wikipedia page.

Derwood Real Estate Market Stats

Average Home Values

Price Distribution


Home Averages

$470,600 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $469,900 $179,200
Median Single Family Home Value $507,200 $178,700
Median Condo Value $320,500 $184,500
Median 3-Bedroom Home Value $335,800 $173,300
Median 4-Bedroom Home Value $491,800 $291,300
Percent Homes Decreasing 39.9% 33.4%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $232 $114
Median List Price 0 0
Median Sale Price $470,600 $215,200
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $3,933 $2,143
Turnover (Sold Within Last Yr.) 3.6% 4.1%
Median Value Per Sq Ft 0 0
1-Yr. Change 1.3% 3%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

15909 YUKON LN Derwood, MD 20855
Photo of 15909 YUKON LN, Derwood, MD 20855 (MLS # MC8704785)
3 beds 3 baths $1,950
17604 WHEAT FALL DR Derwood, MD 20855
Photo of 17604 WHEAT FALL DR, Derwood, MD 20855 (MLS # MC8704480)
4 beds 3 baths $434,900
17115 OLDE MILL RUN Derwood, MD 20855
Photo of 17115 OLDE MILL RUN, Derwood, MD 20855 (MLS # MC8702603)
3 beds 3 baths $495,000
7531 BUENA VISTA TER Derwood, MD 20855
Photo of 7531 BUENA VISTA TER, Derwood, MD 20855 (MLS # MC8702263)
4 beds 4 baths $625,000
17117 FLATWOOD DR Derwood, MD 20855
Photo of 17117 FLATWOOD DR, Derwood, MD 20855 (MLS # MC8702245)
4 beds 4 baths 3,314 sqft $550,000
7225 MILL RUN DR, Unit 11-6 Derwood, MD 20855
Photo of 7225 MILL RUN DR, Unit 11-6, Derwood, MD 20855 (MLS # MC8701279)
3 beds 3 baths 2,410 sqft $235,900
15416 INDIANOLA DR Derwood, MD 20855
Photo of 15416 INDIANOLA DR, Derwood, MD 20855 (MLS # MC8700192)
4 beds 3 baths $619,000
17922 TERI DR Derwood, MD 20855
Photo of 17922 TERI DR, Derwood, MD 20855 (MLS # MC8699466)
4 beds 4 baths $589,900
7012 ROSLYN AVE Derwood, MD 20855
Photo of 7012 ROSLYN AVE, Derwood, MD 20855 (MLS # MC8697711)
3 beds 4 baths 1,620 sqft $1,725
17507 APPLEWOOD LN Derwood, MD 20855
Photo of 17507 APPLEWOOD LN, Derwood, MD 20855 (MLS # MC8697725)
5 beds 4 baths 5,161 sqft $713,500
7008 WICK LN Derwood, MD 20855
Photo of 7008 WICK LN, Derwood, MD 20855 (MLS # MC8695890)
4 beds 3 baths $2,500
17501 SABRINA TER Derwood, MD 20855
Photo of 17501 SABRINA TER, Derwood, MD 20855 (MLS # MC8692852)
3 beds 4 baths $269,900
17707 CADDY DR Derwood, MD 20855
Photo of 17707 CADDY DR, Derwood, MD 20855 (MLS # MC8690373)
5 beds 4 baths 2,900 sqft $480,660
8111 NEEDWOOD RD, Unit 102 Derwood, MD 20855
Photo of 8111 NEEDWOOD RD, Unit 102, Derwood, MD 20855 (MLS # MC8687121)
2 beds 2 baths 1,074 sqft $239,999
17736 CLIFFBOURNE LN Derwood, MD 20855
Photo of 17736 CLIFFBOURNE LN, Derwood, MD 20855 (MLS # MC8689654)
4 beds 3 baths $439,900

Sold Listings in Derwood

17231 Epsilon Pl Derwood, MD 20855
Photo of 17231 Epsilon Pl, Derwood, MD 20855 (MLS # MC8677355)
3 beds 4 baths $1,850
8131 Needwood Rd #103 Derwood, MD 20855
Photo of 8131 Needwood Rd #103, Derwood, MD 20855 (MLS # MC8676048)
2 beds 2 baths 1,138 sqft $1,650
8131 NEEDWOOD RD, Unit 103 Derwood, MD 20855
Photo of 8131 NEEDWOOD RD, Unit 103, Derwood, MD 20855 (MLS # MC8676048)
2 beds 2 baths 1,138 sqft $1,650
7827 Fairborn Ct Derwood, MD 20855
Photo of 7827 Fairborn Ct, Derwood, MD 20855 (MLS # MC8670460)
3 beds 4 baths $357,000
7730 Goodfellow Way Derwood, MD 20855
Photo of 7730 Goodfellow Way, Derwood, MD 20855 (MLS # MC8660121)
4 beds 4 baths $2,150
16123 Redland Rd Derwood, MD 20855
Photo of 16123 Redland Rd, Derwood, MD 20855 (MLS # MC8656890)
4 beds 5 baths $3,000
1 Monona Ct Derwood, MD 20855
Photo of 1 Monona Ct, Derwood, MD 20855 (MLS # MC8650548)
6 beds 5 baths $2,900
18604 Willow Oak Dr Derwood, MD 20855
Photo of 18604 Willow Oak Dr, Derwood, MD 20855 (MLS # MC8645923)
5 beds 6 baths $3,450
7617 Nutwood Ct Derwood, MD 20855
Photo of 7617 Nutwood Ct, Derwood, MD 20855 (MLS # MC8640719)
3 beds 4 baths $1,900
7201 Sheehan Ct Derwood, MD 20855
Photo of 7201 Sheehan Ct, Derwood, MD 20855 (MLS # MC8628835)
3 beds 4 baths 1,778 sqft $2,250
8111 Needwood Rd #201 Derwood, MD 20855
Photo of 8111 Needwood Rd #201, Derwood, MD 20855 (MLS # MC8626152)
3 beds 2 baths 1,179 sqft $1,650
7716 Polara Pl Derwood, MD 20855
Photo of 7716 Polara Pl, Derwood, MD 20855 (MLS # MC8623110)
5 beds 4 baths 3,564 sqft $584,000
7502 Weatherby Dr Derwood, MD 20855
Photo of 7502 Weatherby Dr, Derwood, MD 20855 (MLS # MC8619836)
3 beds 4 baths 2,178 sqft $305,000
7244 Millcrest Ter #5-4 Derwood, MD 20855
Photo of 7244 Millcrest Ter #5-4, Derwood, MD 20855 (MLS # MC8616156)
3 beds 3 baths 1,860 sqft $267,500
17231 Epsilon Pl Derwood, MD 20855
Photo of 17231 Epsilon Pl, Derwood, MD 20855 (MLS # MC8614757)
3 beds 4 baths $286,000

Walk Score for Derwood



Derwood School Data

Derwood School Districts

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Derwood Schools

Sequoyah Elementary School
K-5, public