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

$406,500 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $469,100 $178,500
Median Single Family Home Value $508,100 $178,000
Median Condo Value $328,800 $182,800
Median 3-Bedroom Home Value $344,100 $171,800
Median 4-Bedroom Home Value $496,600 $289,000
Percent Homes Decreasing 27.1% 32%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $234 $114
Median List Price $499,000 $210,000
Median Sale Price $406,500 $202,200
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $3,933 $2,096
Turnover (Sold Within Last Yr.) 3.5% 3.9%
Median Value Per Sq Ft $219 $118
1-Yr. Change 3% 5.4%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

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
10 BEAUVOIR CT Derwood, MD 20855
Photo of 10 BEAUVOIR CT, Derwood, MD 20855 (MLS # MC8563995)
4 beds 3 baths $525,000
7212 MILLCREST TER, Unit 7-2 Derwood, MD 20855
Photo of 7212 MILLCREST TER, Unit 7-2, Derwood, MD 20855 (MLS # MC8560922)
3 beds 3 baths 1,684 sqft $229,900
8141 NEEDWOOD RD, Unit 103 Derwood, MD 20855
Photo of 8141 NEEDWOOD RD, Unit 103, Derwood, MD 20855 (MLS # MC8558872)
2 beds 2 baths 1,138 sqft $225,000
8141 NEEDWOOD RD, Unit 204 Derwood, MD 20855
Photo of 8141 NEEDWOOD RD, Unit 204, Derwood, MD 20855 (MLS # MC8558868)
3 beds 2 baths 1,179 sqft $235,000
7820 MISTIC VIEW CT Derwood, MD 20855
Photo of 7820 MISTIC VIEW CT, Derwood, MD 20855 (MLS # MC8546128)
4 beds 4 baths $419,000
7808 FAIRBORN CT Derwood, MD 20855
Photo of 7808 FAIRBORN CT, Derwood, MD 20855 (MLS # MC8549509)
3 beds 4 baths $1,900
7101 GRINNELL DR Derwood, MD 20855
Photo of 7101 GRINNELL DR, Derwood, MD 20855 (MLS # MC8549411)
6 beds 5 baths 5,022 sqft $669,000
17721 LISA DR Derwood, MD 20855
Photo of 17721 LISA DR, Derwood, MD 20855 (MLS # MC8545402)
5 beds 4 baths $575,000
7903 YELLOWSTONE WAY Derwood, MD 20855
Photo of 7903 YELLOWSTONE WAY, Derwood, MD 20855 (MLS # MC8544654)
4 beds 5 baths 2,455 sqft $3,200
0 TOBOGGAN LN Derwood, MD 20855
Photo of 0 TOBOGGAN LN, Derwood, MD 20855 (MLS # MC8542539)
4 beds 3 baths 2,818 sqft $719,990
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
5724 ARTESIAN DR Derwood, MD 20855
Photo of 5724 ARTESIAN DR, Derwood, MD 20855 (MLS # MC8539273)
4 beds 4 baths 3,222 sqft $599,000
7028 ROSLYN AVE Derwood, MD 20855
Photo of 7028 ROSLYN AVE, Derwood, MD 20855 (MLS # MC8534547)
3 beds 4 baths 1,512 sqft $214,900
7137 MILL RUN DR, Unit 14-4 Derwood, MD 20855
Photo of 7137 MILL RUN DR, Unit 14-4, Derwood, MD 20855 (MLS # MC8530827)
3 beds 3 baths 1,684 sqft $243,000

Sold Listings in Derwood

17124 Amity Dr Derwood, MD 20855
Photo of 17124 Amity Dr, Derwood, MD 20855 (MLS # MC8540992)
4 beds 3 baths $2,395
7712 Goodfellow Way Derwood, MD 20855
Photo of 7712 Goodfellow Way, Derwood, MD 20855 (MLS # MC8538755)
4 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
7809 Briardale Ter Derwood, MD 20855
Photo of 7809 Briardale Ter, Derwood, MD 20855 (MLS # MC8502358)
3 beds 4 baths $306,000
7227 Mill Run Dr #11-5 Derwood, MD 20855
Photo of 7227 Mill Run Dr #11-5, Derwood, MD 20855 (MLS # MC8492571)
3 beds 3 baths 1,860 sqft $280,000
8040 Needwood Rd #T101 Derwood, MD 20855
Photo of 8040 Needwood Rd #T101, Derwood, MD 20855 (MLS # MC8489033)
2 beds 2 baths 1,074 sqft $1,675
15708 Anamosa Dr Derwood, MD 20855
Photo of 15708 Anamosa Dr, Derwood, MD 20855 (MLS # MC8487422)
4 beds 4 baths 2,517 sqft $515,000
7813 Breezy Down Ter Derwood, MD 20855
Photo of 7813 Breezy Down Ter, Derwood, MD 20855 (MLS # MC8484024)
3 beds 4 baths $1,850
7616 Epsilon Dr Derwood, MD 20855
Photo of 7616 Epsilon Dr, Derwood, MD 20855 (MLS # MC8482434)
5 beds 4 baths $495,000
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 $365,000

Walk Score for Derwood



Derwood School Data

Derwood School Districts

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Derwood Schools

Sequoyah Elementary School
K-5, public