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

$461,000 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $458,200 $176,500
Median Single Family Home Value $494,600 $175,900
Median Condo Value $318,600 $181,100
Median 3-Bedroom Home Value $330,800 $169,300
Median 4-Bedroom Home Value $490,700 $285,300
Percent Homes Decreasing 28.6% 28.5%
Percent Listing Price Reduction 36.5% 36.9%
Median List Price Per Sq Ft $229 $112
Median List Price $522,500 $215,000
Median Sale Price $461,000 $211,300
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,011 $2,081
Turnover (Sold Within Last Yr.) 3.6% 3.9%
Median Value Per Sq Ft $227 $120
1-Yr. Change 2.6% 6.5%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

7227 MILL RUN DR, Unit 11-5 Derwood, MD 20855
Photo of 7227 MILL RUN DR, Unit 11-5, Derwood, MD 20855 (MLS # MC8492571)
3 beds 3 baths 1,860 sqft $289,999
17231 EPSILON PL Derwood, MD 20855
Photo of 17231 EPSILON PL, Derwood, MD 20855 (MLS # MC8490594)
3 beds 4 baths $315,000
8030 NEEDWOOD RD, Unit 202 Derwood, MD 20855
Photo of 8030 NEEDWOOD RD, Unit 202, Derwood, MD 20855 (MLS # MC8489462)
2 beds 2 baths 1,143 sqft $1,950
17027 CATALPA CT Derwood, MD 20855
Photo of 17027 CATALPA CT, Derwood, MD 20855 (MLS # MC8489367)
3 beds 2 baths $2,000
8040 NEEDWOOD RD, Unit T101 Derwood, MD 20855
Photo of 8040 NEEDWOOD RD, Unit T101, Derwood, MD 20855 (MLS # MC8489033)
2 beds 2 baths 1,074 sqft $1,650
15708 ANAMOSA DR Derwood, MD 20855
Photo of 15708 ANAMOSA DR, Derwood, MD 20855 (MLS # MC8487422)
4 beds 4 baths 2,517 sqft $550,000
7813 BREEZY DOWN TER Derwood, MD 20855
Photo of 7813 BREEZY DOWN TER, Derwood, MD 20855 (MLS # MC8484024)
3 beds 4 baths $2,000
7616 EPSILON DR Derwood, MD 20855
Photo of 7616 EPSILON DR, Derwood, MD 20855 (MLS # MC8482434)
5 beds 4 baths $498,000
7602 INDIAN HILLS DR Derwood, MD 20855
Photo of 7602 INDIAN HILLS DR, Derwood, MD 20855 (MLS # MC8476562)
3 beds 4 baths 1,932 sqft $362,900
18613 AZALEA DR Derwood, MD 20855
Photo of 18613 AZALEA DR, Derwood, MD 20855 (MLS # MC8473016)
3 beds 3 baths $499,900
19725 MEREDITH DR Derwood, MD 20855
Photo of 19725 MEREDITH DR, Derwood, MD 20855 (MLS # MC8470744)
3 beds 2 baths 2,568 sqft $429,900
8030 Needwood Rd #T104 Derwood, MD 20855
Photo of 8030 Needwood Rd #T104, Derwood, MD 20855 (MLS # MC8467123)
2 beds 2 baths 1,074 sqft $0
8151 Needwood Rd #102 Derwood, MD 20855
Photo of 8151 Needwood Rd #102, Derwood, MD 20855 (MLS # MC8467288)
2 beds 2 baths 1,138 sqft $0
8030 NEEDWOOD RD, Unit T104 Derwood, MD 20855
Photo of 8030 NEEDWOOD RD, Unit T104, Derwood, MD 20855 (MLS # MC8467123)
2 beds 2 baths 1,074 sqft $219,900
16631 KILLDEER DR Derwood, MD 20855
Photo of 16631 KILLDEER DR, Derwood, MD 20855 (MLS # MC8466384)
4 beds 3 baths $550,000

Sold Listings in Derwood

8030 Needwood Rd #T104 Derwood, MD 20855
Photo of 8030 Needwood Rd #T104, Derwood, MD 20855 (MLS # MC8467123)
2 beds 2 baths 1,074 sqft $0
8151 Needwood Rd #102 Derwood, MD 20855
Photo of 8151 Needwood Rd #102, Derwood, MD 20855 (MLS # MC8467288)
2 beds 2 baths 1,138 sqft $0
8030 NEEDWOOD RD, Unit T104 Derwood, MD 20855
Photo of 8030 NEEDWOOD RD, Unit T104, Derwood, MD 20855 (MLS # MC8467123)
2 beds 2 baths 1,074 sqft $219,900
7000 Roslyn Ave Derwood, MD 20855
Photo of 7000 Roslyn Ave, Derwood, MD 20855 (MLS # MC8461201)
3 beds 4 baths $0
7713 Barnstable Pl Derwood, MD 20855
Photo of 7713 Barnstable Pl, Derwood, MD 20855 (MLS # MC8457884)
4 beds 3 baths $0
1 Monona Ct Derwood, MD 20855
Photo of 1 Monona Ct, Derwood, MD 20855 (MLS # MC8453325)
6 beds 5 baths $0
7802 Mistic View Ct Derwood, MD 20855
Photo of 7802 Mistic View Ct, Derwood, MD 20855 (MLS # MC8448312)
4 beds 4 baths $0
7813 Breezy Down Ter Derwood, MD 20855
Photo of 7813 Breezy Down Ter, Derwood, MD 20855 (MLS # MC8446837)
3 beds 4 baths $0
7300 Centennial Rd Derwood, MD 20855
Photo of 7300 Centennial Rd, Derwood, MD 20855 (MLS # MC8441139)
5 beds 3 baths 2,112 sqft $0
7704 Havenside Ter Derwood, MD 20855
Photo of 7704 Havenside Ter, Derwood, MD 20855 (MLS # MC8433946)
3 beds 4 baths $0
17800 Caddy Dr Derwood, MD 20855
Photo of 17800 Caddy Dr, Derwood, MD 20855 (MLS # MC8431237)
4 beds 3 baths $0
7818 Fairborn Ct Derwood, MD 20855
Photo of 7818 Fairborn Ct, Derwood, MD 20855 (MLS # MC8431142)
3 beds 4 baths 1,620 sqft $0
6716 Garrett Rd Derwood, MD 20855
Photo of 6716 Garrett Rd, Derwood, MD 20855 (MLS # MC8428477)
4 beds 3 baths $0
15523 Monona Dr Derwood, MD 20855
Photo of 15523 Monona Dr, Derwood, MD 20855 (MLS # MC8423105)
4 beds 4 baths $0
7512 Indian Hills Dr Derwood, MD 20855
Photo of 7512 Indian Hills Dr, Derwood, MD 20855 (MLS # MC8421089)
3 beds 3 baths $0

Walk Score for Derwood



Derwood School Data

Derwood School Districts

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Derwood Schools

Sequoyah Elementary School
K-5, public