Arapahoe County · Colorado+2.3% YoY

Living in Centennial

Established, Polished South Denver

Median SFH

$670K

Median Condo/TH

$410K

Avg Days on Market

Price Trend (YoY)

+2.3%

Market data current as of May 2, 2026

Overview

Centennial is a polished, established suburb directly adjacent to the Denver Tech Center, with a housing stock built mostly between the 1970s and the early 2000s. Buyers tend to land here for the combination of mature neighborhoods, two strong school district options, and a 15–20 minute commute to the DTC without the price tag of Greenwood Village next door.

What Makes Centennial Stand Out

Adjacent to the Denver Tech Center employment hub
South Suburban Parks, 3,000+ acres of parks and open space
Cherry Creek and Littleton school districts
Established neighborhoods with mature trees

Housing Snapshot

Single-family is dominant, with a meaningful pocket of townhomes and condos closer to Arapahoe Road and the I-25 corridor. Most product is mid-century to early-2000s — well-built but increasingly trading on whether the kitchen and systems have been updated. Inventory under $550K moves fast; the $700K–$900K updated-resale band is the most active part of the market.

Areas Within Centennial

Heritage / Smoky Hill
1970s–80s neighborhoods on the east side, larger lots, Smoky Hill Road corridor.
Willow Creek
Established mid-tier neighborhoods south of Arapahoe Road, mature trees and trails.
Foxridge
West-side enclave with custom homes and proximity to South Suburban parks.
Arapahoe / DTC Edge
Townhome and condo product nearest the Denver Tech Center light rail stations.

Getting Around

Union Station

25–35 min via I-25 or light rail

Denver International (DIA)

35–50 min via E-470

Denver Tech Center

5–15 min via I-25

Cherry Creek State Park

10–15 min via Arapahoe Road

Schools

Split between Cherry Creek School District (eastern Centennial) and Littleton Public Schools (western Centennial). Boundaries follow specific streets — verify the district for any address before making an offer.

What to Know Before You Buy in Centennial

School district splits at the address level. The same street can change districts mid-block, and the difference materially affects resale. Pull district maps before you tour.
Most of the housing stock is now 25–50 years old. Budget separately for HVAC, roof, and electrical updates on homes that have not been renovated — many sellers price as if updates are done when they are not.
Property taxes vary noticeably between Arapahoe County tax districts within Centennial. A home a mile apart can have meaningfully different annual costs.