The median home value in Derwood, MD is $601,894. This is higher than the county median home value of $515,000. The national median home value is $308,980. The average price of homes sold in Derwood, MD is $601,894. Approximately 69% of Derwood homes are owned, compared to 29% rented, while 2% are vacant. Derwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Derwood real estate agent to arrange a tour today! Learn more about Derwood Real Estate.