Market Overview
Home Prices in Derwood, MD
The median home value in Derwood, MD is $644,251 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Derwood are priced57% above average. Derwood is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area.
Over the past five years, Derwood home values have risen by approximately10.8%, reflecting steady appreciation in this market.
Price History
Derwood Home Price Trend
City Comparison
Derwood vs. National Median
At $644,251, homes in Derwood cost 57% above the national median of $410,000. Buyers in Derwood should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Derwood?
20% Down Payment
$128,850
on $644,251
Monthly P&I
$3,360/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,267/mo
incl. taxes & insurance
Income Needed
$170,680
gross annual (30% rule)
10% Down Option
$64,425
+ PMI applies
Loan Amount (20% dn)
$515,401
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Derwood, MD?
The median home value in Derwood is $644,251 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1% year-over-year.
How much have home prices changed in Derwood?
Over the past year, home values in Derwood have decreased by 1%. Over five years, prices have risen approximately 10.8%.
How much do I need to earn to buy a home in Derwood?
To comfortably afford the median home price of $644,251 with a 20% down payment ($128,850) at today's rates (6.8%), you'd need a gross annual income of approximately $170,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Derwood compare to the national average home price?
The national median home value is approximately $410,000. At $644,251, homes in Derwood are 57% above the national average.
What metro area is Derwood part of?
Derwood is part of the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area. Home prices and market conditions can vary across the broader metro region.