Derwood, MD—20855
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Derwood, MD
As of Oct '25, the median home price in Derwood, MD is $681,000, with a year-over-year change of 0.3%. This indicates that home prices in Derwood, MD are flat. According to Zillow, the 1-year price projection is -0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $681,000 | 0.3% |
| Single Family | $691,000 | -0.1% |
| Condos | $356,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $537,000 | 0.6% |
4 Bed | $719,000 | -0.6% |
| 5 Bed | $826,000 | -0.4% |
% of Housing Stock
Rental Trends — Derwood, MD
As of July '25, Rentcast reports the average rent in Derwood, MD is $3,190, with a year-over-year rent change of 25.1%. Per bedroom, the median rent as of July '25 in Derwood, MD is studios: $2,020, 1-bedrooms: $1,460, 2-bedrooms: $2,200, 3-bedrooms: $3,270, 4-bedrooms: $3,770. The most common rental property sizes in Derwood, MD are 3-bedroom and 2-bedroom, accounting for 27.8% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,600 | $3,190 |
| Studio Rent | $2,000 | $2,020 |
| 1 Bed Rent | $1,350 | $1,460 |
| 2 Bed Rent | $2,100 | $2,200 |
| 3 Bed Rent | $2,850 | $3,270 |
| 4 Bed Rent | $3,800 | $3,770 |
% of Rental Stock
Property Listings — Derwood, MD
As of Oct '25, Realtor.com reports that the median days on market for a home in Derwood, MD is 40. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $692,000 | -1.0% |
Listing Count | 44 | 18.0% |
| Listings as % of Homes | 0.4% | 18.0% |
Days on Market | 40 | 24.0% |
Demographics — Derwood, MD
As of the latest ACS Survey released in 2023, Derwood, MD has a population of 16,600, which has increased by 15.8% over the past 5 years. Derwood, MD is a moderately popular place for families, as children make up 21.2% of the population. The area has a highly educated workforce, with 67.8% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,600 | 15.8% |
% Under 18 | 21.2% | 16.5% |
% Seniors | 18.4% | -2.1% |
% WFH | 28.0% | 374.6% |
% w/ College Degree | 67.8% | 3.0% |
As of the latest ACS Survey released in 2023, Derwood, MD is a predominantly white area, with 45.4% of the population identifying as white. The white population has shrunk by 22.4% in the last 5 years. The second most common race or ethnicity in Derwood, MD is asian, making up 18.6% of the population. Foreign-born residents account for 32.7% of the population in Derwood, MD, and this percentage has increased by 18.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 45.4% | -22.4% |
% Black | 15.7% | 130.9% |
% Hispanic | 13.1% | 32.3% |
% Asian | 18.6% | -8.8% |
% Foreign Born | 32.7% | 18.5% |
Mortgage and Risk — Derwood, MD
According to HUD data as of 2023, there were 232 mortgage originations in Derwood, MD, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Derwood, MD. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 232 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Derwood, MD
As of 2024, the percent of homes in Derwood, MD under the Section 8 program is 26.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Derwood, MD, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 405 |
Total Units Section 8 | 402 |
% Rentals under Section 8 | 26.4% |
% Occupied Section 8 | 91.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $1,100 | $1,350 | $2,450 |
| 2 Bedroom | $660 | $2,100 | $2,760 |
| 3 Bedroom | $600 | $2,850 | $3,450 |
| 4 Bedroom | $270 | $3,800 | $4,070 |
Affordability — Derwood, MD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $681,000 |
| Median Household Income | $148,000 |