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

$538,200 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $463,300 $174,800
Median Single Family Home Value $500,200 $174,200
Median Condo Value $319,500 $178,900
Median 3-Bedroom Home Value $339,800 $168,100
Median 4-Bedroom Home Value $499,300 $282,900
Percent Homes Decreasing 17.7% 27.2%
Percent Listing Price Reduction 43.3% 34.8%
Median List Price Per Sq Ft $231 $111
Median List Price $594,900 $215,000
Median Sale Price $538,200 $217,800
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,011 $2,083
Turnover (Sold Within Last Yr.) 3.8% 4%
Median Value Per Sq Ft $226 $120
1-Yr. Change 4.4% 6.5%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

7300 CENTENNIAL RD Derwood, MD 20855
Photo of 7300 CENTENNIAL RD, Derwood, MD 20855 (MLS # MC8441139)
5 beds 3 baths 2,112 sqft $549,900
17610 HORIZON PL Derwood, MD 20855
Photo of 17610 HORIZON PL, Derwood, MD 20855 (MLS # MC8440151)
4 beds 3 baths $289,900
5500 GRANBY RD Derwood, MD 20855
Photo of 5500 GRANBY RD, Derwood, MD 20855 (MLS # MC8437856)
5 beds 4 baths $640,000
5110 MUNCASTER MILL RD Derwood, MD 20855
Photo of 5110 MUNCASTER MILL RD, Derwood, MD 20855 (MLS # MC8435955)
4 beds 3 baths 3,440 sqft $2,800
7903 YELLOWSTONE WAY Derwood, MD 20855
Photo of 7903 YELLOWSTONE WAY, Derwood, MD 20855 (MLS # MC8434759)
4 beds 5 baths 2,455 sqft $3,090
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
17800 CADDY DR Derwood, MD 20855
Photo of 17800 CADDY DR, Derwood, MD 20855 (MLS # MC8431237)
4 beds 3 baths $429,500
18909 MUNCASTER RD Derwood, MD 20855
Photo of 18909 MUNCASTER RD, Derwood, MD 20855 (MLS # MC9004859)
4 beds 3 baths $479,900
6716 GARRETT RD Derwood, MD 20855
Photo of 6716 GARRETT RD, Derwood, MD 20855 (MLS # MC8428477)
4 beds 3 baths $415,000
7805 BREEZY DOWN TER Derwood, MD 20855
Photo of 7805 BREEZY DOWN TER, Derwood, MD 20855 (MLS # MC8428359)
3 beds 2 baths 1,360 sqft $319,000
15523 MONONA DR Derwood, MD 20855
Photo of 15523 MONONA DR, Derwood, MD 20855 (MLS # MC8423105)
4 beds 4 baths $2,800
7905 YELLOWSTONE WAY Derwood, MD 20855
Photo of 7905 YELLOWSTONE WAY, Derwood, MD 20855 (MLS # MC8422349)
4 beds 5 baths $2,950
7512 INDIAN HILLS DR Derwood, MD 20855
Photo of 7512 INDIAN HILLS DR, Derwood, MD 20855 (MLS # MC8421089)
3 beds 3 baths $1,995
7907 Yellowstone Way Derwood, MD 20855
Photo of 7907 Yellowstone Way, Derwood, MD 20855 (MLS # MC8417769)
4 beds 5 baths 2,455 sqft $0

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
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
17704 Vinyard Ln Derwood, MD 20855
Photo of 17704 Vinyard Ln, Derwood, MD 20855 (MLS # MC8381778)
5 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