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

$384,800 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $469,000 $178,700
Median Single Family Home Value $506,800 $178,200
Median Condo Value $327,400 $183,400
Median 3-Bedroom Home Value $343,100 $172,400
Median 4-Bedroom Home Value $496,300 $289,900
Percent Homes Decreasing 30.4% 32.4%
Percent Listing Price Reduction 8.7% 11.4%
Median List Price Per Sq Ft $233 $114
Median List Price $545,000 $214,900
Median Sale Price $384,800 $203,700
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $3,933 $2,124
Turnover (Sold Within Last Yr.) 3.7% 4%
Median Value Per Sq Ft $215 $119
1-Yr. Change 2.4% 4.9%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

9 TUPELO CT Derwood, MD 20855
5 beds 4 baths $579,900
8030 NEEDWOOD RD, Unit 201 Derwood, MD 20855
Photo of 8030 NEEDWOOD RD, Unit 201, Derwood, MD 20855 (MLS # MC8589211)
3 beds 2 baths 1,179 sqft $237,900
7806 WHITE CLIFF TER Derwood, MD 20855
Photo of 7806 WHITE CLIFF TER, Derwood, MD 20855 (MLS # MC8586460)
3 beds 3 baths 1,740 sqft $364,900
7213 SHEEHAN CT Derwood, MD 20855
Photo of 7213 SHEEHAN CT, Derwood, MD 20855 (MLS # MC8582646)
3 beds 4 baths 2,160 sqft $424,900
17046 AMITY DR Derwood, MD 20855
Photo of 17046 AMITY DR, Derwood, MD 20855 (MLS # MC8585505)
4 beds 4 baths $3,000
18105 HAYLOFT DR Derwood, MD 20855
Photo of 18105 HAYLOFT DR, Derwood, MD 20855 (MLS # MC8584133)
5 beds 4 baths 4,711 sqft $935,000
17710 PHELPS HILL LN Derwood, MD 20855
Photo of 17710 PHELPS HILL LN, Derwood, MD 20855 (MLS # MC8580735)
3 beds 4 baths 2,295 sqft $2,495
8131 NEEDWOOD RD, Unit 201 Derwood, MD 20855
Photo of 8131 NEEDWOOD RD, Unit 201, Derwood, MD 20855 (MLS # MC8577438)
3 beds 2 baths $1,690
7722 KEYPORT TER Derwood, MD 20855
Photo of 7722 KEYPORT TER, Derwood, MD 20855 (MLS # MC8573760)
3 beds 3 baths $2,100
7905 YELLOWSTONE WAY Derwood, MD 20855
Photo of 7905 YELLOWSTONE WAY, Derwood, MD 20855 (MLS # MC8571249)
4 beds 5 baths $2,950
15705 ANAMOSA DR Derwood, MD 20855
Photo of 15705 ANAMOSA DR, Derwood, MD 20855 (MLS # MC8570586)
3 beds 3 baths $2,400
7704 HAVENSIDE TER Derwood, MD 20855
Photo of 7704 HAVENSIDE TER, Derwood, MD 20855 (MLS # MC9005432)
3 beds 4 baths $2,000
7726 GOODFELLOW WAY Derwood, MD 20855
Photo of 7726 GOODFELLOW WAY, Derwood, MD 20855 (MLS # MC9005296)
4 beds 4 baths $2,300
17027 CATALPA CT Derwood, MD 20855
Photo of 17027 CATALPA CT, Derwood, MD 20855 (MLS # MC8565113)
3 beds 3 baths 2,310 sqft $1,850
8030 NEEDWOOD RD, Unit 103 Derwood, MD 20855
Photo of 8030 NEEDWOOD RD, Unit 103, Derwood, MD 20855 (MLS # MC8564534)
2 beds 2 baths 1,138 sqft $1,650

Sold Listings in Derwood

8141 Needwood Rd #103 Derwood, MD 20855
Photo of 8141 Needwood Rd #103, Derwood, MD 20855 (MLS # MC8558872)
2 beds 2 baths 1,138 sqft $215,000
7808 Fairborn Ct Derwood, MD 20855
Photo of 7808 Fairborn Ct, Derwood, MD 20855 (MLS # MC8549509)
3 beds 4 baths $1,800
7808 FAIRBORN CT Derwood, MD 20855
Photo of 7808 FAIRBORN CT, Derwood, MD 20855 (MLS # MC8549509)
3 beds 4 baths $1,800
15536 Grinnell Ter Derwood, MD 20855
Photo of 15536 Grinnell Ter, Derwood, MD 20855 (MLS # MC8548049)
4 beds 3 baths 2,930 sqft $710,000
17124 Amity Dr Derwood, MD 20855
Photo of 17124 Amity Dr, Derwood, MD 20855 (MLS # MC8540992)
4 beds 3 baths $2,395
7728 Havenside Ter Derwood, MD 20855
Photo of 7728 Havenside Ter, Derwood, MD 20855 (MLS # MC8539871)
3 beds 4 baths 1,520 sqft $1,850
7712 Goodfellow Way Derwood, MD 20855
Photo of 7712 Goodfellow Way, Derwood, MD 20855 (MLS # MC8538755)
4 beds 4 baths $2,150
7726 Goodfellow Way Derwood, MD 20855
Photo of 7726 Goodfellow Way, Derwood, MD 20855 (MLS # MC8531234)
4 beds 4 baths 1,520 sqft $425,900
15952 Indian Hills Ter Derwood, MD 20855
Photo of 15952 Indian Hills Ter, Derwood, MD 20855 (MLS # MC8525689)
3 beds 4 baths $2,150
7825 Fairborn Ct Derwood, MD 20855
Photo of 7825 Fairborn Ct, Derwood, MD 20855 (MLS # MC8524554)
3 beds 4 baths 1,920 sqft $2,050
8101 Needwood Rd #T102 Derwood, MD 20855
Photo of 8101 Needwood Rd #T102, Derwood, MD 20855 (MLS # MC8523996)
2 beds 2 baths 1,129 sqft $1,650
7519 Weatherby Dr Derwood, MD 20855
Photo of 7519 Weatherby Dr, Derwood, MD 20855 (MLS # MC8513847)
3 beds 4 baths $297,500
16913 Briardale Rd Derwood, MD 20855
Photo of 16913 Briardale Rd, Derwood, MD 20855 (MLS # MC8514374)
5 beds 4 baths 2,900 sqft $2,495
16529 Baederwood Ln Derwood, MD 20855
Photo of 16529 Baederwood Ln, Derwood, MD 20855 (MLS # MC8508947)
4 beds 3 baths $2,300
8030 Needwood Rd #102 Derwood, MD 20855
Photo of 8030 Needwood Rd #102, Derwood, MD 20855 (MLS # MC8502850)
2 beds 1 bath 1,138 sqft $1,600

Walk Score for Derwood



Derwood School Data

Derwood School Districts

We’re sorry, we were unable to load the school district data. Please check back soon.

Derwood Schools

Sequoyah Elementary School
K-5, public