How much does it cost to buy a house in Derwood, MD?

In July 2026 Derwood homes were listed to buy for a median price of $650K, which is same as June 2025 last month, and same as July 2025 last year. The median value of a home listed to buy in Derwood in July 2026 was $283 per sqft, which is a 6% decrease to June 2025 last month, and a 5% decrease to July 2025 last year.

Is it affordable or expensive to live in Derwood, MD?

It is expensive to live in Derwood. Buying a home in Derwood is 2% more expensive compared with the national average.

Is it a good time to buy property in Derwood, MD?

Yes now is a good time to buy property in Derwood, in July 2026, homes in Derwood have decreased in value (price per sqft) by 5% in the last year compared with July 2025.

Are home prices dropping in Derwood, MD?

Home price are dropping in Derwood, in July 2026, homes to buy in Derwood have decreased in median list price by 5% compared with June 2026, one month ago.

Is the Derwood, MD housing market slowing down?

In July 2026, homes to buy in Derwood spent an median 41 days on the market, a same July 2025 last year.

What are the best and safest places to live in Derwood, MD?

The best and safest neighborhoods to live in Derwood in July 2026 are Fallswood, Horizon Hill, Orchard Ridge, Potomac Springs, Rockshire North, Potomac Woods, West Rockville, Montrose, College Gardens, West End, King Farm, Hungerford, Central Rockville, New Mark Commons, Fallsgrove, Rockshire South, Twinbrook, East Rockville, Town Square, Woodley Gardens West End

How much money should I make to buy a house in Derwood, MD?

In July 2026, Derwood homes were listed to buy for a median price of $650K, with 25% down you would need $3.65K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $125K.

Is it a good time to sell my house in Derwood, MD?

Yes now is a good time to sell your house in Derwood, in July 2026, homes in Derwood have decreased in value (price per sqft) by 5% in the last year compared with July 2025.