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

$450,500 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $458,200 $175,600
Median Single Family Home Value $497,900 $175,300
Median Condo Value $307,200 $178,400
Median 3-Bedroom Home Value $323,000 $169,300
Median 4-Bedroom Home Value $494,100 $284,300
Percent Homes Decreasing 32.7% 27.6%
Percent Listing Price Reduction 46.7% 36.7%
Median List Price Per Sq Ft $228 $112
Median List Price $594,900 $215,000
Median Sale Price $450,500 $215,500
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,011 $2,081
Turnover (Sold Within Last Yr.) 3.8% 4%
Median Value Per Sq Ft $226 $120
1-Yr. Change 3.2% 6.6%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

7749 HIAWATHA LN Derwood, MD 20855
Photo of 7749 HIAWATHA LN, Derwood, MD 20855 (MLS # MC8461826)
4 beds 4 baths $2,250
15920 INDIAN HILLS TER Derwood, MD 20855
Photo of 15920 INDIAN HILLS TER, Derwood, MD 20855 (MLS # MC8461353)
3 beds 4 baths $379,900
7000 ROSLYN AVE Derwood, MD 20855
Photo of 7000 ROSLYN AVE, Derwood, MD 20855 (MLS # MC8461201)
3 beds 4 baths $1,800
16815 Heartwood DR Derwood, MD 20855
Photo of 16815 Heartwood DR, Derwood, MD 20855 (MLS # MC8459701)
4 beds 5 baths 4,932 sqft $824,990
15608 WAPELLO WAY Derwood, MD 20855
Photo of 15608 WAPELLO WAY, Derwood, MD 20855 (MLS # MC8459328)
4 beds 4 baths 3,508 sqft $599,000
7749 HIAWATHA LN Derwood, MD 20855
Photo of 7749 HIAWATHA LN, Derwood, MD 20855 (MLS # MC8458479)
4 beds 4 baths $425,000
7713 BARNSTABLE PL Derwood, MD 20855
Photo of 7713 BARNSTABLE PL, Derwood, MD 20855 (MLS # MC8457884)
4 beds 3 baths $2,600
7001 ROSLYN AVE Derwood, MD 20855
Photo of 7001 ROSLYN AVE, Derwood, MD 20855 (MLS # MC8456001)
3 beds 4 baths 2,000 sqft $289,900
1 MONONA CT Derwood, MD 20855
Photo of 1 MONONA CT, Derwood, MD 20855 (MLS # MC8453325)
6 beds 5 baths $2,900
17610 HORIZON PL Derwood, MD 20855
Photo of 17610 HORIZON PL, Derwood, MD 20855 (MLS # MC8451859)
4 beds 3 baths $289,000
5730 AVERY PARK DR Derwood, MD 20855
Photo of 5730 AVERY PARK DR, Derwood, MD 20855 (MLS # MC8449810)
4 beds 5 baths $847,000
16612 FRONTENAC TER Derwood, MD 20855
Photo of 16612 FRONTENAC TER, Derwood, MD 20855 (MLS # MC8448788)
4 beds 3 baths 2,970 sqft $500,000
7802 MISTIC VIEW CT Derwood, MD 20855
Photo of 7802 MISTIC VIEW CT, Derwood, MD 20855 (MLS # MC8448312)
4 beds 4 baths $1,950
7805 BREEZY DOWN TER Derwood, MD 20855
Photo of 7805 BREEZY DOWN TER, Derwood, MD 20855 (MLS # MC8445706)
3 beds 2 baths 1,360 sqft $1,795
5500 GRANBY RD Derwood, MD 20855
Photo of 5500 GRANBY RD, Derwood, MD 20855 (MLS # MC8437856)
5 beds 4 baths $599,000

Sold Listings in Derwood

7704 Havenside Ter Derwood, MD 20855
Photo of 7704 Havenside Ter, Derwood, MD 20855 (MLS # MC8433946)
3 beds 4 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
15523 Monona Dr Derwood, MD 20855
Photo of 15523 Monona Dr, Derwood, MD 20855 (MLS # MC8423105)
4 beds 4 baths $0
7907 Yellowstone Way Derwood, MD 20855
Photo of 7907 Yellowstone Way, Derwood, MD 20855 (MLS # MC8417769)
4 beds 5 baths 2,455 sqft $0
7616 Anamosa Way Derwood, MD 20855
Photo of 7616 Anamosa Way, Derwood, MD 20855 (MLS # MC8412621)
5 beds 4 baths $0
17809 Teri Dr Derwood, MD 20855
Photo of 17809 Teri Dr, Derwood, MD 20855 (MLS # MC8407792)
3 beds 3 baths $0
6730 Garrett Rd Derwood, MD 20855
Photo of 6730 Garrett Rd, Derwood, MD 20855 (MLS # MC8406609)
4 beds 2 baths $0
6730 GARRETT RD Derwood, MD 20855
Photo of 6730 GARRETT RD, Derwood, MD 20855 (MLS # MC8406609)
4 beds 2 baths $2,100
15918 Indian Hills Ter Derwood, MD 20855
Photo of 15918 Indian Hills Ter, Derwood, MD 20855 (MLS # MC8403387)
3 beds 4 baths $0
18712 Shremor Dr Derwood, MD 20855
Photo of 18712 Shremor Dr, Derwood, MD 20855 (MLS # MC8398894)
4 beds 4 baths $0
7226 Millcrest Ter #6-4 Derwood, MD 20855
Photo of 7226 Millcrest Ter #6-4, Derwood, MD 20855 (MLS # MC8396457)
3 beds 2 baths 1,684 sqft $0
17205 Amity Dr Derwood, MD 20855
Photo of 17205 Amity Dr, Derwood, MD 20855 (MLS # MC8394914)
4 beds 4 baths 3,372 sqft $0
7821 Rydal Ter Derwood, MD 20855
Photo of 7821 Rydal Ter, Derwood, MD 20855 (MLS # MC8395323)
5 beds 3 baths $0
7889 Briardale Ter Derwood, MD 20855
Photo of 7889 Briardale Ter, Derwood, MD 20855 (MLS # MC8387703)
3 beds 4 baths 1,788 sqft $0
15909 Yukon Ln Derwood, MD 20855
Photo of 15909 Yukon Ln, Derwood, MD 20855 (MLS # MC8387689)
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