Why Live in Centennial
Centennial's extensive outdoor recreation network includes Cherry Creek State Park, where residents enjoy hiking, biking, boating, and fishing across expansive natural areas. The Streets at SouthGlenn serves as a central entertainment district, featuring retail stores, restaurants, and a movie theater. Families gather at Centennial Center Park's modern playground and amphitheater for community events, while the Family Sports Center provides year-round activities with ice rinks, miniature golf, and batting cages. The dining scene includes upscale options like Eddie Merlot's Prime Aged Beef & Seafood and Perry's Steakhouse, alongside local favorites such as Big Bill's NY Pizza and Bonjour Bakery.
The housing market features diverse options across distinct neighborhoods. Single-family homes in Willow Creek have a median price of $850,000, while Smoky Hill homes have a median price of $540,000. Homestead In The Willows commands higher prices with a median of $977,500. Townhomes throughout Centennial have a median price of $515,000, and condos range from $236,500 for one bedroom to $317,900 for two bedrooms.
Property taxes in Centennial remain competitive at 0.53%, matching neighboring Aurora and Littleton. The Colorado state income tax rate is 4.40%, with a combined sales tax rate of 7.86%. Top-rated public schools include Cherry Creek High School and Cherokee Trail High School, both rated A or above by Niche. Private education options include the A+ rated Aspen Academy and Regis Jesuit High School. The Regional Transportation District connects residents to downtown Denver via light rail, with Centennial Airport serving private aviation needs. Major employers include United Launch Alliance, Comcast, and Arrow Electronics in the adjacent Denver Tech Center.
Frequently Asked Questions
What is the average home price in Centennial, CO?
Homes for sale in Centennial, CO have an average home price of $726,854.
Are home prices dropping in Centennial?
Yes, home prices in Centennial are down 1% in the last 12 months.
How many homes have sold over the last 12 months in Centennial, CO?
1,408 homes have sold in Centennial, CO over the last 12 months.
Is Centennial, CO a safe city?
What are the most popular zip codes in Centennial, CO?
What are the most popular neighborhoods in Centennial, CO?
How much do you need to make to afford a house in Centennial?
The median home price in Centennial is $660,000. If you put a 20% down payment of $132,000 and had a 30-year fixed mortgage with an interest rate of 6.67%, your estimated principal and interest payment would be $3,400 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $146K a year to afford the median home price in Centennial.
How are the schools in Centennial, CO?
Home Trends in Centennial, CO
On average, homes in Centennial, CO sell after 37 days on the market compared to the national average of 50 days. The median sale price for homes in Centennial, CO over the last 12 months is $640,500, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$640,500
Median Single Family Sale Price
$710,400
Median Townhouse Sale Price
$519,450
Median 2 Bedroom Sale Price
$315,000
Median 1 Bedroom Sale Price
$236,750
Average Price Per Sq Ft
$300
Number of Homes for Sale
360
Last 12 months Home Sales
1,408
Median List Price
$660,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-1%
