Albert Hallivis
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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

$470,600 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $469,800 $178,400
Median Single Family Home Value $507,400 $177,800
Median Condo Value $322,600 $183,600
Median 3-Bedroom Home Value $338,100 $172,500
Median 4-Bedroom Home Value $493,400 $289,900
Percent Homes Decreasing 34.5% 34.4%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $233 $114
Median List Price 0 0
Median Sale Price $470,600 $208,200
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $3,933 $2,133
Turnover (Sold Within Last Yr.) 3.7% 4.1%
Median Value Per Sq Ft 0 0
1-Yr. Change 1.5% 3%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

18604 WILLOW OAK DR Derwood, MD 20855
Photo of 18604 WILLOW OAK DR, Derwood, MD 20855 (MLS # MC8645923)
5 beds 6 baths $3,800
7008 WICK LN Derwood, MD 20855
Photo of 7008 WICK LN, Derwood, MD 20855 (MLS # MC8642101)
4 beds 3 baths 2,012 sqft $2,600
7617 NUTWOOD CT Derwood, MD 20855
Photo of 7617 NUTWOOD CT, Derwood, MD 20855 (MLS # MC8640719)
3 beds 4 baths $1,900
17922 TERI DR Derwood, MD 20855
Photo of 17922 TERI DR, Derwood, MD 20855 (MLS # MC8636758)
4 beds 4 baths $649,900
7101 SONNETT CT Derwood, MD 20855
Photo of 7101 SONNETT CT, Derwood, MD 20855 (MLS # MC8638911)
5 beds 4 baths $650,000
18909 MUNCASTER RD Derwood, MD 20855
Photo of 18909 MUNCASTER RD, Derwood, MD 20855 (MLS # MC8636575)
4 beds 3 baths 2,044 sqft $449,999
17604 WHEAT FALL DR Derwood, MD 20855
Photo of 17604 WHEAT FALL DR, Derwood, MD 20855 (MLS # MC8633270)
4 beds 3 baths $429,900
15920 INDIAN HILLS TER Derwood, MD 20855
Photo of 15920 INDIAN HILLS TER, Derwood, MD 20855 (MLS # MC8631437)
4 beds 4 baths $369,000
8101 NEEDWOOD RD, Unit 202 Derwood, MD 20855
Photo of 8101 NEEDWOOD RD, Unit 202, Derwood, MD 20855 (MLS # MC8630791)
2 beds 2 baths 1,143 sqft $256,900
7201 SHEEHAN CT Derwood, MD 20855
Photo of 7201 SHEEHAN CT, Derwood, MD 20855 (MLS # MC8628835)
3 beds 4 baths 1,778 sqft $2,600
17725 CLIFFBOURNE LN Derwood, MD 20855
Photo of 17725 CLIFFBOURNE LN, Derwood, MD 20855 (MLS # MC8621734)
5 beds 3 baths $690,000
2 GRANBY CT Derwood, MD 20855
Photo of 2 GRANBY CT, Derwood, MD 20855 (MLS # MC8619781)
4 beds 3 baths $614,900
17725 CLIFFBOURNE LN Derwood, MD 20855
Photo of 17725 CLIFFBOURNE LN, Derwood, MD 20855 (MLS # MC8619115)
0 beds 0 baths $690,000
16422 KEATS TER Derwood, MD 20855
Photo of 16422 KEATS TER, Derwood, MD 20855 (MLS # MC8618948)
5 beds 4 baths $899,000
17504 LISA DR Derwood, MD 20855
Photo of 17504 LISA DR, Derwood, MD 20855 (MLS # MC8608824)
4 beds 3 baths 2,088 sqft $449,900

Sold Listings in Derwood

7308 Centennial Rd Derwood, MD 20855
Photo of 7308 Centennial Rd, Derwood, MD 20855 (MLS # MC8610013)
6 beds 3 baths $2,950
7308 CENTENNIAL RD Derwood, MD 20855
Photo of 7308 CENTENNIAL RD, Derwood, MD 20855 (MLS # MC8610013)
6 beds 3 baths $2,950
15516 Moravia Ct Derwood, MD 20855
Photo of 15516 Moravia Ct, Derwood, MD 20855 (MLS # MC8607801)
4 beds 4 baths $2,975
15516 MORAVIA CT Derwood, MD 20855
Photo of 15516 MORAVIA CT, Derwood, MD 20855 (MLS # MC8607801)
4 beds 4 baths $2,975
17125 Briardale Rd Derwood, MD 20855
Photo of 17125 Briardale Rd, Derwood, MD 20855 (MLS # MC8580668)
2 beds 3 baths $315,000
8201 Castanea Ln Derwood, MD 20855
Photo of 8201 Castanea Ln, Derwood, MD 20855 (MLS # MC8593234)
3 beds 4 baths 2,780 sqft $2,500
8201 CASTANEA LN Derwood, MD 20855
Photo of 8201 CASTANEA LN, Derwood, MD 20855 (MLS # MC8593234)
3 beds 4 baths 2,780 sqft $2,500
8030 Needwood Rd #201 Derwood, MD 20855
Photo of 8030 Needwood Rd #201, Derwood, MD 20855 (MLS # MC8589211)
3 beds 2 baths 1,179 sqft $236,000
7806 White Cliff Ter Derwood, MD 20855
Photo of 7806 White Cliff Ter, Derwood, MD 20855 (MLS # MC8586460)
3 beds 3 baths 1,740 sqft $360,000
7213 Sheehan Ct Derwood, MD 20855
Photo of 7213 Sheehan Ct, Derwood, MD 20855 (MLS # MC8582646)
3 beds 4 baths 2,160 sqft $417,000
17046 Amity Dr Derwood, MD 20855
Photo of 17046 Amity Dr, Derwood, MD 20855 (MLS # MC8585505)
4 beds 4 baths $3,000
17046 AMITY DR Derwood, MD 20855
Photo of 17046 AMITY DR, Derwood, MD 20855 (MLS # MC8585505)
4 beds 4 baths $3,000
17710 Phelps Hill Ln Derwood, MD 20855
Photo of 17710 Phelps Hill Ln, Derwood, MD 20855 (MLS # MC8580735)
3 beds 4 baths 2,295 sqft $2,395
17710 PHELPS HILL LN Derwood, MD 20855
Photo of 17710 PHELPS HILL LN, Derwood, MD 20855 (MLS # MC8580735)
3 beds 4 baths 2,295 sqft $2,395
7905 Yellowstone Way Derwood, MD 20855
Photo of 7905 Yellowstone Way, Derwood, MD 20855 (MLS # MC8571249)
4 beds 5 baths $2,950

Walk Score for Derwood



Derwood School Data

Derwood School Districts

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Derwood Schools

Sequoyah Elementary School
K-5, public