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Monday, August 4, 2025

Derwood home prices rise in September 2017

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The median sale price of a home sold in September 2017 in Derwood rose by $74,500 while total sales increased by 200%, according to BlockShopper.com.

In September 2017, there were 30 homes sold, with a median sale price of $459,500 - a 19.4% increase over the $385,000 median sale price for the same period of the previous year. There were 10 homes sold in Derwood in September 2016.

The median sales tax in Derwood for the most recent year with available data, 2016, was $4,947, approximately 1.1% of the median home sale price for September 2017.

The following table compares Derwood to other Montgomery County cities with similar median sales prices in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Dickerson41300%$531,750$650,000-18.2%
Colesville362171.4%$485,000$440,00010.2%
Olney523548.6%$484,500$430,00012.7%
Silver Spring683594.3%$468,000$474,000-1.3%
Poolesville1314-7.1%$468,000$369,95026.5%
Derwood3010200%$459,500$385,00019.4%
Forest Glen11757.1%$450,000$488,888-8%
Cloverly9812.5%$445,000$438,5001.5%
Hillandale21100%$439,000$293,07949.8%
North Kensington227214.3%$422,500$370,00014.2%
White Oak201181.8%$418,500$402,5004%

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