Centennial Park—86021
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Centennial Park
As of Oct '25, the median home price in Centennial Park is $294,000, with a year-over-year change of -2.6%. This indicates that home prices in Centennial Park are decreasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $294,000 | -2.6% |
| Single Family | $293,000 | -10.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Centennial Park
Centennial Park lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $1,090 |
| Studio Rent | $900 | $900 |
| 1 Bed Rent | $890 | $890 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,470 | $1,470 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Centennial Park
As of Oct '25, Realtor.com reports that the median days on market for a home in Centennial Park is 70. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $557,000 | 6.0% |
Listing Count | 5 | -43.0% |
| Listings as % of Homes | 0.1% | -43.0% |
Days on Market | 70 | -10.0% |
Demographics — Centennial Park
As of the latest ACS Survey released in 2023, Centennial Park has a population of 4,620, which has decreased by -23.3% over the past 5 years. Centennial Park is a popular place for families, as children make up 47.5% of the population. The area has a poorly educated workforce, with 15.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,620 | -23.3% |
% Under 18 | 47.5% | -11.9% |
% Seniors | 1.1% | -73.8% |
% WFH | 14.0% | 70.7% |
% w/ College Degree | 15.8% | 129.0% |
Centennial Park lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.7% | -0.3% |
% Black | 0.0% | N/A |
% Hispanic | 0.3% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Centennial Park
According to HUD data as of 2023, there were 65 mortgage originations in Centennial Park, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Centennial Park. Investor activity is low, as 2.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 65 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Centennial Park
Centennial Park lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $890 | $1,180 |
| 2 Bedroom | N/A | N/A | $1,460 |
| 3 Bedroom | $430 | $1,470 | $1,900 |
| 4 Bedroom | N/A | N/A | $2,250 |
Affordability — Centennial Park
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $294,000 |
| Median Household Income | $75,800 |