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

$361,900 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $448,800 $169,200
Median Single Family Home Value $479,700 $168,700
Median Condo Value $309,400 $173,900
Median 3-Bedroom Home Value $334,100 $162,200
Median 4-Bedroom Home Value $479,200 $271,600
Percent Homes Decreasing 11.5% 21.8%
Percent Listing Price Reduction 22.7% 28.1%
Median List Price Per Sq Ft $224 $108
Median List Price $579,000 $199,000
Median Sale Price $361,900 $194,400
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $3,955 $2,080
Turnover (Sold Within Last Yr.) 4.8% 4.2%
Median Value Per Sq Ft $221 $113
1-Yr. Change 4.9% 5.6%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

8010 NEEDWOOD RD, Unit 103 Derwood, MD 20855
2 beds 2 baths 1,210 sqft $1,650
17712 PHELPS HILL LN Derwood, MD 20855
3 beds 4 baths $2,500
17513 WHEAT FALL DR Derwood, MD 20855
Photo of 17513 WHEAT FALL DR, Derwood, MD 20855 (MLS # MC8316643)
4 beds 3 baths $475,000
16504 REDLAND RD Derwood, MD 20855
Photo of 16504 REDLAND RD, Derwood, MD 20855 (MLS # MC8316631)
4 beds 4 baths 2,542 sqft $499,900
17805 TERI DR Derwood, MD 20855
Photo of 17805 TERI DR, Derwood, MD 20855 (MLS # MC8315906)
3 beds 3 baths $419,000
7413 BEE BEE DR Derwood, MD 20855
Photo of 7413 BEE BEE DR, Derwood, MD 20855 (MLS # MC8314481)
4 beds 3 baths 2,380 sqft $469,900
7704 Keyport Ter Derwood, MD 20855
Photo of 7704 Keyport Ter, Derwood, MD 20855 (MLS # MC8310252)
4 beds 4 baths $389,000
15608 WAPELLO WAY Derwood, MD 20855
Photo of 15608 WAPELLO WAY, Derwood, MD 20855 (MLS # MC8309789)
4 beds 4 baths $638,000
5606 SILO HILL CT Derwood, MD 20855
Photo of 5606 SILO HILL CT, Derwood, MD 20855 (MLS # MC8309024)
5 beds 4 baths 6,814 sqft $749,900
7404 DEER POINT CT Derwood, MD 20855
Photo of 7404 DEER POINT CT, Derwood, MD 20855 (MLS # MC8308799)
5 beds 4 baths 5,936 sqft $745,000
17503 APPLEWOOD LN Derwood, MD 20855
Photo of 17503 APPLEWOOD LN, Derwood, MD 20855 (MLS # MC8306583)
4 beds 4 baths $709,000
7621 MOCCASIN LN Derwood, MD 20855
Photo of 7621 MOCCASIN LN, Derwood, MD 20855 (MLS # MC8305133)
4 beds 4 baths $1,950
17026 AMITY DR Derwood, MD 20855
Photo of 17026 AMITY DR, Derwood, MD 20855 (MLS # MC8303858)
3 beds 4 baths $2,750
6001 WARM SPRINGS DR Derwood, MD 20855
Photo of 6001 WARM SPRINGS DR, Derwood, MD 20855 (MLS # MC8298457)
4 beds 4 baths $750,000
8111 NEEDWOOD RD, Unit T103 Derwood, MD 20855
Photo of 8111 NEEDWOOD RD, Unit T103, Derwood, MD 20855 (MLS # MC8297024)
2 beds 2 baths 1,129 sqft $219,900

Sold Listings in Derwood

7808 Mistic View Ct Derwood, MD 20855
Photo of 7808 Mistic View Ct, Derwood, MD 20855 (MLS # MC8280581)
3 beds 4 baths $0
15705 Anamosa Dr Derwood, MD 20855
Photo of 15705 Anamosa Dr, Derwood, MD 20855 (MLS # MC8278389)
3 beds 3 baths $0
7708 White Cliff Ter Derwood, MD 20855
Photo of 7708 White Cliff Ter, Derwood, MD 20855 (MLS # MC8273173)
3 beds 4 baths 1,520 sqft $0
17704 Caddy Dr Derwood, MD 20855
Photo of 17704 Caddy Dr, Derwood, MD 20855 (MLS # MC8268334)
7 beds 4 baths $0
8141 Needwood Rd #102 Derwood, MD 20855
Photo of 8141 Needwood Rd #102, Derwood, MD 20855 (MLS # MC8239566)
2 beds 2 baths 1,138 sqft $0
17805 Teri Dr Derwood, MD 20855
Photo of 17805 Teri Dr, Derwood, MD 20855 (MLS # MC8226470)
4 beds 3 baths $0
15705 Kanawha Ct Derwood, MD 20855
Photo of 15705 Kanawha Ct, Derwood, MD 20855 (MLS # MC8220539)
4 beds 4 baths $0
8131 Needwood Rd #201 Derwood, MD 20855
Photo of 8131 Needwood Rd #201, Derwood, MD 20855 (MLS # MC8220682)
3 beds 2 baths $0
15935 Indian Hills Ter Derwood, MD 20855
Photo of 15935 Indian Hills Ter, Derwood, MD 20855 (MLS # MC8220764)
4 beds 4 baths $0
15935 Indian Hills Ter Derwood, MD 20855
Photo of 15935 Indian Hills Ter, Derwood, MD 20855 (MLS # MC8220764)
4 beds 4 baths $0
7207 Mill Run Dr #10-4 Derwood, MD 20855
Photo of 7207 Mill Run Dr #10-4, Derwood, MD 20855 (MLS # MC8218330)
3 beds 2 baths 1,684 sqft $0
17522 Sabrina Ter Derwood, MD 20855
Photo of 17522 Sabrina Ter, Derwood, MD 20855 (MLS # MC8215954)
3 beds 4 baths $0
7939 Capricorn Ter Derwood, MD 20855
Photo of 7939 Capricorn Ter, Derwood, MD 20855 (MLS # MC8213661)
3 beds 4 baths 1,880 sqft $0
16921 Briardale Rd Derwood, MD 20855
Photo of 16921 Briardale Rd, Derwood, MD 20855 (MLS # MC8212752)
4 beds 3 baths $0
8227 Castanea Ln Derwood, MD 20855
Photo of 8227 Castanea Ln, Derwood, MD 20855 (MLS # MC8212746)
3 beds 4 baths 2,500 sqft $0

Walk Score for Derwood



Derwood School Data

Derwood School Districts

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Derwood Schools

Sequoyah Elementary School
K-5, public