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Centennial, CO—80122

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$624,000
2.2% YoY Growth
Household Income
$120,000
18.9% YoY Growth
Days on Market
69
7.0% Longer YoY
Home Price Forecast
-1.0%
Median Rent
$2,720
2.6% YoY Growth
1-Bed Rent
$1,440
6.3% YoY Growth
2-Bed Rent
$2,320
4.8% YoY Growth
3-Bed Rent
$2,800
5.0% YoY Growth

Other Zip Codes in Centennial, CO

800158012180112
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Centennial, CO

As of Dec '25, the median home price in Centennial, CO is $624,000, with a year-over-year change of -2.2%. This indicates that home prices in Centennial, CO are decreasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$624,000-2.2%
Single Family $650,000-2.4%
Condos $303,000-4.1%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $224,000
    -5.1%
    2 Bed
    		$368,000-4.4%
    3 Bed
    		$567,000-2.4%
    4 Bed
    		$704,000-2.4%
    5 Bed $803,905-2.5%
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    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    5.7%
    2 Bedrooms
    16.2%
    3 Bedrooms
    30.0%
    4 Bedrooms
    36.0%
    5+ Bedrooms
    11.6%

    Rental Trends — Centennial, CO

    As of July '25, Rentcast reports the average rent in Centennial, CO is $2,650, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in Centennial, CO is 1-bedrooms: $1,520, 2-bedrooms: $2,200, 3-bedrooms: $2,860, 4-bedrooms: $3,400. The most common rental property sizes in Centennial, CO are 2-bedroom and 1-bedroom, accounting for 42.9% and 27.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$2,720$2,650
    Studio Rent N/AN/A
    1 Bed Rent $1,440$1,520
    2 Bed Rent $2,320$2,200
    3 Bed Rent $2,800$2,860
    4 Bed Rent $3,400$3,400
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    % of Rental Stock

    Studio
    1.2%
    1 Bedroom
    27.4%
    2 Bedrooms
    42.9%
    3 Bedrooms
    20.7%
    4 Bedrooms
    5.4%
    5+ Bedrooms
    2.5%

    Property Listings — Centennial, CO

    As of Dec '25, Realtor.com reports that the median days on market for a home in Centennial, CO is 56. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$538,000-5.0%
    Listing Count
    		10221.0%
    Listings as % of Homes0.4%21.0%
    Days on Market
    		697.0%
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    Demographics — Centennial, CO

    As of the latest ACS Survey released in 2023, Centennial, CO has a population of 31,600, which has decreased by -4.6% over the past 5 years. Centennial, CO is a moderately popular place for families, as children make up 21.7% of the population. The area has a highly educated workforce, with 63.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		31,600-4.6%
    % Under 18
    		21.7%-1.4%
    % Seniors
    		20.2%15.4%
    % WFH
    		24.8%112.0%
    % w/ College Degree
    		63.0%8.2%
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    As of the latest ACS Survey released in 2023, Centennial, CO is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Centennial, CO is hispanic, making up 8.5% of the population. Foreign-born residents account for 5.2% of the population in Centennial, CO, and this percentage has decreased by 10.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		82.3%-5.1%
    % Black
    		1.1%10.0%
    % Hispanic
    		8.5%-3.4%
    % Asian
    		3.3%200.0%
    % Foreign Born
    		5.2%-10.3%
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    Mortgage and Risk — Centennial, CO

    Centennial, CO lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Centennial, CO

    As of 2024, the percent of homes in Centennial, CO under the Section 8 program is 0.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Centennial, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

    Section 8 Market Size

    Total Units under HUD
    		24
    Total Units Section 8
    		20
    % Rentals under Section 8
    		0.9%
    % Occupied Section 8
    		82.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$610$1,440$2,050
    2 Bedroom$130$2,320$2,450
    3 Bedroom$400$2,800$3,200
    4 Bedroom$180$3,400$3,580

    Affordability — Centennial, CO

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$624,000
    Median Household Income$120,000

    Centennial, CO — ZIP Code Boundary Map

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    Frequently Asked Questions