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

$494,000 Average Price
2,044Avg Home Size
1981Avg Year Built

Owners vs Renters

Local vs National Home Values

 LocalNational
Zillow Home Value Index $464,700 $174,200
Median Single Family Home Value $502,300 $174,000
Median Condo Value $301,500 $177,500
Median 3-Bedroom Home Value $326,300 $167,900
Median 4-Bedroom Home Value $497,700 $282,500
Percent Homes Decreasing 19% 26.5%
Percent Listing Price Reduction 30.7% 29.2%
Median List Price Per Sq Ft $229 $112
Median List Price $635,000 $215,000
Median Sale Price $494,000 $211,100
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $4,011 $2,083
Turnover (Sold Within Last Yr.) 3.9% 4%
Median Value Per Sq Ft $229 $120
1-Yr. Change 6% 6.3%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

7907 YELLOWSTONE WAY Derwood, MD 20855
Photo of 7907 YELLOWSTONE WAY, Derwood, MD 20855 (MLS # MC8417769)
4 beds 5 baths 2,455 sqft $3,500
7713 BARNSTABLE PL Derwood, MD 20855
Photo of 7713 BARNSTABLE PL, Derwood, MD 20855 (MLS # MC8417441)
3 beds 3 baths $2,800
17639 HORIZON PL Derwood, MD 20855
Photo of 17639 HORIZON PL, Derwood, MD 20855 (MLS # MC8416014)
3 beds 3 baths $281,000
7832 BRIARDALE TER Derwood, MD 20855
Photo of 7832 BRIARDALE TER, Derwood, MD 20855 (MLS # MC8415443)
3 beds 4 baths $309,950
7616 ANAMOSA WAY Derwood, MD 20855
Photo of 7616 ANAMOSA WAY, Derwood, MD 20855 (MLS # MC8412621)
5 beds 4 baths $2,599
8131 NEEDWOOD RD, Unit 101 Derwood, MD 20855
Photo of 8131 NEEDWOOD RD, Unit 101, Derwood, MD 20855 (MLS # MC8412587)
3 beds 2 baths 1,172 sqft $1,690
17809 TERI DR Derwood, MD 20855
Photo of 17809 TERI DR, Derwood, MD 20855 (MLS # MC8407792)
3 beds 3 baths $2,400
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 $2,000
18712 Shremor Dr Derwood, MD 20855
Photo of 18712 Shremor Dr, Derwood, MD 20855 (MLS # MC8398894)
4 beds 4 baths $0
7226 MILLCREST TER, Unit 6-4 Derwood, MD 20855
Photo of 7226 MILLCREST TER, Unit 6-4, Derwood, MD 20855 (MLS # MC8396457)
3 beds 2 baths 1,684 sqft $229,900
7821 Rydal Ter Derwood, MD 20855
Photo of 7821 Rydal Ter, Derwood, MD 20855 (MLS # MC8395323)
5 beds 3 baths $0
6901 MUNCASTER MILL RD Derwood, MD 20855
Photo of 6901 MUNCASTER MILL RD, Derwood, MD 20855 (MLS # MC8395131)
5 beds 3 baths $400,000
17205 AMITY DR Derwood, MD 20855
Photo of 17205 AMITY DR, Derwood, MD 20855 (MLS # MC8394914)
4 beds 4 baths 3,372 sqft $2,495

Sold Listings in Derwood

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
18712 Shremor Dr Derwood, MD 20855
Photo of 18712 Shremor Dr, Derwood, MD 20855 (MLS # MC8398894)
4 beds 4 baths $0
7821 Rydal Ter Derwood, MD 20855
Photo of 7821 Rydal Ter, Derwood, MD 20855 (MLS # MC8395323)
5 beds 3 baths $0
15909 Yukon Ln Derwood, MD 20855
Photo of 15909 Yukon Ln, Derwood, MD 20855 (MLS # MC8387689)
3 beds 3 baths $0
7210 Bettendorf Ct Derwood, MD 20855
Photo of 7210 Bettendorf Ct, Derwood, MD 20855 (MLS # MC8374943)
4 beds 3 baths $0
7841 Briardale Ter Derwood, MD 20855
Photo of 7841 Briardale Ter, Derwood, MD 20855 (MLS # MC8366182)
3 beds 4 baths $0
7752 Epsilon Dr Derwood, MD 20855
Photo of 7752 Epsilon Dr, Derwood, MD 20855 (MLS # MC8363816)
3 beds 2 baths 1,580 sqft $0
17058 Catalpa Ct Derwood, MD 20855
Photo of 17058 Catalpa Ct, Derwood, MD 20855 (MLS # MC8360937)
4 beds 3 baths $0
7769 Hiawatha Ln Derwood, MD 20855
Photo of 7769 Hiawatha Ln, Derwood, MD 20855 (MLS # MC8356792)
4 beds 4 baths $0
17707 Caddy Dr Derwood, MD 20855
Photo of 17707 Caddy Dr, Derwood, MD 20855 (MLS # MC8355691)
4 beds 4 baths 2,700 sqft $0
7008 Wick Ln Derwood, MD 20855
Photo of 7008 Wick Ln, Derwood, MD 20855 (MLS # MC8353012)
4 beds 3 baths 2,012 sqft $0
7621 Nutwood Ct Derwood, MD 20855
Photo of 7621 Nutwood Ct, Derwood, MD 20855 (MLS # MC8352282)
3 beds 3 baths $0
8010 Needwood Rd #T103 Derwood, MD 20855
Photo of 8010 Needwood Rd #T103, Derwood, MD 20855 (MLS # MC8352051)
2 beds 2 baths 1,129 sqft $0
8030 Needwood Rd #104 Derwood, MD 20855
Photo of 8030 Needwood Rd #104, Derwood, MD 20855 (MLS # MC8344438)
2 beds 2 baths $0

Walk Score for Derwood



Derwood School Data

Derwood School Districts

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Derwood Schools

Sequoyah Elementary School
K-5, public