Centennial Home ValuesCentennial
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Encompassing 29.42 square miles, the city of Centennial sits just minutes from the Rocky Mountains in the southern Denver metropolitan area and is home to a population of 107,201. It has been named the 4th Best Place to Live in the Nation by USA Today and the 3rd Best City for First Time Homebuyers by WalletHub. The median age for residents is 40.9 and the median income is $90,090. According to Zillow, the rent index is $2266, and the median home value is $397,500. Home values have risen 12.3% in the city over the last year and are predicted to increase an additional 3.8% over the next year.
Centennial’s government has been under a Home Rule Charter since June 10, 2008. The charter requires voter approval for new or increased city-collected taxes, provides for financial checks on city funds to help keep the budget balanced, and encourages citizen participation in local government. All city council meetings are broadcast live and recorded for residents to watch online, and are also open to the public. The Regular City Council Meeting takes place each Monday at 7pm, along with a bi-monthly Planning and Zoning Commission Meeting on Wednesdays with start times between 6-7pm. Both are located at City Council Chambers, 13133 E. Arapahoe Rd.
Home Styles and Subdivisions
According to Trulia, 89% of Centennial residents are homeowners, and the city has over 200 neighborhoods and subdivisions, such as Cherry Knolls. Its 40,492 housing units include a wide array of styles such as single-family homes with attached garages, townhouses, condos, lofts, patio/cluster homes, and newly constructed homes. Prominent home features include hardwood floors, remodeled kitchens, and backyard pools.
One of the highlights of living in Centennial is the plethora of outdoor green spaces to enjoy. Here’s a snapshot of some of our beautiful parks and their features:
- Centennial Center Park – The city’s first park boasts 11 acres, an amphitheater, a coffee shelter, an award-winning playground, and educational materials highlighting Cherry Creek Basin and Colorado history. Located between S. Revere Pkwy. and S. Vaughn St at 13050 E. Peakview Ave, the park is open 5am-10pm May 1-October 31st and 6am-8pm November 1-April 30. The summer Water Play “Splash Pad” area is open 10am-8pm from Memorial Day to Labor Day.
- Arapaho Park – Here’s a great spot for organized sports activities. The park has a tennis court, baseball field, and multi-purpose field which are all available for rental. There’s also grills and a shelter for cookouts and celebratory gatherings, as well as a variety of hiking and biking trails. Dogs are allowed on leashes, and there’s even a gated off-leash area for dogs and their owners to socialize. Arapaho Park is open daily from 6am-10pm and is located at 7800 S. Adams Street.
- DeKoevend Park – Home to the 2.4 mile High Line Canal Trail loop, Dekoevend Park also features 4 shelters, a playground, tennis courts, a lighted baseball field, and large mature trees. You’ll find it at 6301 S. University Blvd. It’s open to the public from dawn to dusk: 5am-11pm daily.
- Cherry Creek Valley Ecological Park – Winner of the Grand Award for Engineering Excellence at the 2015 CASFM Conference, the park’s design helped improve the flood corridor and water quality in Centennial. In addition, engineers incorporated an outdoor classroom for wildlife education. This 25-acre park’s trails intersect with the Happy Canyon Trail and the Cherry Creek Trail for additional hiking and biking beyond the park boundaries.
Shopping and Dining
With a mix of both local and national retailers, Centennial’s shopping districts combine the best of both worlds.
- The Streets at SouthGlenn has an eclectic blend of sidewalk eateries, department stores, local shops, and movie theaters. It’s located at 6991 S Vine St. and is open Monday-Saturday 10am-9:00pm and Sunday 11am-6:00pm.
- The Centennial Promenade – Here you’ll find the large IKEA complex that includes its own Swedish restaurant and children’s play area, along with over 50 stores and restaurants like Guitar Center, REI, J. Alexander’s, and Rock Bottom Restaurant and Brewery. The center is located at I-25 and County Line Rd.
Centennial has a variety of transit services available and is one of a dozen cities in the nation participating in the Bloomberg Philanthropies Innovation Team program to find inventive ways to improve transportation.
- Light Rail System – The Regional Transportation District operates seven rail lines with 52 stations that run to major hubs such as Denver Airport, Pepsi Center, and the Theatre District.
- Bus Service – Service is available throughout the greater metro area and operates 24/7, 365 days a year.
- Call-n-Ride – Serving Centennial and surrounding areas, this personalized bus service allows you to call ahead for pickup and takes you to work, school, or rail stations that are within the RTD service area. You can call your first time, and book online for subsequent appointments. Just select your nearest street from the drop down list online to find the phone number and hours for your location.
- Centennial Airport – This is the 2nd most active general aviation airport in the country and just received the prestigious Balchen/Post award on April 27th, 2016 for optimizing safety during harsh winter conditions.
- Easy Access to I-25
There are approximately 58,000 jobs in Centennial. The top sectors include Finance, Insurance, Real Estate, Professional and Business Services, Construction, Education, and Healthcare. Some of the leading companies in the region include Oppenheimer Funds, US Foods, United Healthcare, Trulia, Robert Half Corporation, Comcast, and McGraw-Hill.
Centennial has 31 schools and is home to the award-winning Cherry Creek and Littleton Public School districts. Cherry’s Creek’s innovative STEM Program provides hands-on learning in Science, Technology, Engineering, and Math, and its students’ composite SAT and ACT scores rank higher than both state and national composites. The district’s 2015 graduating class garnered over $58 million in advanced education scholarships.
Littleton Public Schools serve west Centennial and are metro Denver’s only district schools to receive the Colorado Department of Education’s highest accreditation for 5 years in a row. They offer preschool, half-day, and full-day kindergarten, as well as summer and before-and-after-school care for elementary students. The high schools in the district have all been featured in Newsweek’s “Top High Schools in America” and 5280’s “Best High Schools”.
Centennial’s Recreation Centers offer a wide variety of recreational activities, multi-sport camps, community events, and training classes. Check out the centers below for information on soccer, lacrosse, football, ice skating, community pools, golf courses, climbing walls, BMX racing, gymnastics, and more.
- South Suburban Sports Complex (indoor hockey, soccer, lacrosse, basketball)
- Sports Dome
- Family Sports Center
- Goodson Recreation Center
- Ben Franklin Pool and Sprayground
- Holly Pool and Tennis
- County Line BMX at David A. Lorenz Regional Park