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Centennial real estate market overview
- Average Monthly Rent: $1,653
- Home Price/Value Percentage Change: 2.80%
- Median Home Value: $485,980
- Best Time To Sell a Home: June
- Affordability Index: 124
- Days To Sell a House: 48
- Job Market: Fair
- Public School Ranking: 17
Location and weather
Centennial is the safest city in Colorado and one of the safest cities in the United States. Situated just 14 miles southeast of Denver, it is a part of the Denver metropolitan area. With a vast amount of green space, scenic mountain views and connections to some of the biggest trail networks in Colorado, Centennial celebrates the outdoor lifestyle Colorado is known for. The Littleton Public Schools and Cherry Creek School District are among the top school districts in the state, making Centennial the ideal place for families.
Centennial summers are warm, while the winters are cold and dry. Summer temperatures are in the mid-80's, with lows in the 60's. The winter temperatures are in the low 40's, with lows in the 20's.
Population, job market and cost of living
The Centennial population in 2020 was 110,831, with a growth rate of .54%.
The job growth has increased by 2.8% over the last year and in ten years, is predicted to have increased by 42.5%. The major industries are in retail trade, professional, scientific, and technical services, and health care. The largest employers are Comcast, Arrow Electronics, United Healthcare and Centura Health.
The cost of living is high, due to the Centennial real estate market and cost of available housing. With its reputation for safety, proximity to Denver, connection to some of the biggest trail networks and recreational spaces in Colorado, job growth and highly rated schools, Centennial will continue to attract families that want a suburban, out-door based lifestyle.
Centennial real estate market details
- Prides Crossing
- Willow Creek
- Cherry Knolls