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 $469,900 $179,200
Median Single Family Home Value $507,200 $178,700
Median Condo Value $320,500 $184,500
Median 3-Bedroom Home Value $335,800 $173,300
Median 4-Bedroom Home Value $491,800 $291,300
Percent Homes Decreasing 39.9% 33.4%
Percent Listing Price Reduction 0 0
Median List Price Per Sq Ft $232 $114
Median List Price 0 0
Median Sale Price $470,600 $215,200
Homes For Sale 0 0
Homes Recently Sold 0 0
Property Tax $3,933 $2,143
Turnover (Sold Within Last Yr.) 3.6% 4.1%
Median Value Per Sq Ft 0 0
1-Yr. Change 1.3% 3%
Homes For Sale By Owner Array Array
New Construction Array Array
Foreclosures Array Array

Derwood Real Estate Listings

Active Listings in Derwood

7931 CAPRICORN TER Derwood, MD 20855
3 beds 5 baths 1,860 sqft $1,800
17724 LISA DR Derwood, MD 20855
4 beds 4 baths 3,676 sqft $725,000
15508 MORAVIA CT Derwood, MD 20855
4 beds 4 baths $624,900
17116 FOUNDERS MILL DR Derwood, MD 20855
4 beds 4 baths 3,300 sqft $568,900
17721 LISA DR Derwood, MD 20855
Photo of 17721 LISA DR, Derwood, MD 20855 (MLS # MC8680197)
6 beds 4 baths 2,495 sqft $552,000
18105 HAYLOFT DR Derwood, MD 20855
Photo of 18105 HAYLOFT DR, Derwood, MD 20855 (MLS # MC8678432)
5 beds 4 baths 4,711 sqft $899,900
17231 EPSILON PL Derwood, MD 20855
Photo of 17231 EPSILON PL, Derwood, MD 20855 (MLS # MC8677355)
3 beds 4 baths $1,850
8131 NEEDWOOD RD, Unit 103 Derwood, MD 20855
Photo of 8131 NEEDWOOD RD, Unit 103, Derwood, MD 20855 (MLS # MC8676048)
2 beds 2 baths 1,138 sqft $1,650
7615 NUTWOOD CT Derwood, MD 20855
Photo of 7615 NUTWOOD CT, Derwood, MD 20855 (MLS # MC8672629)
3 beds 4 baths $374,900
7708 MILLER FALL RD Derwood, MD 20855
Photo of 7708 MILLER FALL RD, Derwood, MD 20855 (MLS # MC8670560)
4 beds 3 baths $459,900
16109 AVERY RD Derwood, MD 20855
Photo of 16109 AVERY RD, Derwood, MD 20855 (MLS # MC8670189)
5 beds 5 baths $1,080,000
7707 WHITE CLIFF TER Derwood, MD 20855
Photo of 7707 WHITE CLIFF TER, Derwood, MD 20855 (MLS # MC8669657)
3 beds 4 baths $364,900
7722 KEYPORT TER Derwood, MD 20855
Photo of 7722 KEYPORT TER, Derwood, MD 20855 (MLS # MC8669445)
3 beds 3 baths $415,000
7436 BEE BEE DR Derwood, MD 20855
Photo of 7436 BEE BEE DR, Derwood, MD 20855 (MLS # MC8664927)
4 beds 3 baths 2,697 sqft $498,000
17400 BEAUVOIR BLVD Derwood, MD 20855
Photo of 17400 BEAUVOIR BLVD, Derwood, MD 20855 (MLS # MC8665747)
4 beds 3 baths $2,500

Sold Listings in Derwood

16123 Redland Rd Derwood, MD 20855
Photo of 16123 Redland Rd, Derwood, MD 20855 (MLS # MC8656890)
4 beds 5 baths $3,000
7617 Nutwood Ct Derwood, MD 20855
Photo of 7617 Nutwood Ct, Derwood, MD 20855 (MLS # MC8640719)
3 beds 4 baths $1,900
7617 NUTWOOD CT Derwood, MD 20855
Photo of 7617 NUTWOOD CT, Derwood, MD 20855 (MLS # MC8640719)
3 beds 4 baths $1,900
8111 Needwood Rd #201 Derwood, MD 20855
Photo of 8111 Needwood Rd #201, Derwood, MD 20855 (MLS # MC8626152)
3 beds 2 baths 1,179 sqft $1,650
8111 NEEDWOOD RD, Unit 201 Derwood, MD 20855
Photo of 8111 NEEDWOOD RD, Unit 201, Derwood, MD 20855 (MLS # MC8626152)
3 beds 2 baths 1,179 sqft $1,650
7244 Millcrest Ter #5-4 Derwood, MD 20855
Photo of 7244 Millcrest Ter #5-4, Derwood, MD 20855 (MLS # MC8616156)
3 beds 3 baths 1,860 sqft $267,500
17231 Epsilon Pl Derwood, MD 20855
Photo of 17231 Epsilon Pl, Derwood, MD 20855 (MLS # MC8614757)
3 beds 4 baths $286,000
7711 Ironforge Ct Derwood, MD 20855
Photo of 7711 Ironforge Ct, Derwood, MD 20855 (MLS # MC8612769)
4 beds 4 baths 1,980 sqft $400,000
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

Walk Score for Derwood



Derwood School Data

Derwood School Districts

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Derwood Schools

Sequoyah Elementary School
K-5, public