About this Area
Welcome to Parkfield, a vibrant and welcoming neighborhood nestled in the heart of Centennial, Colorado. Known for its beautifully landscaped streets, friendly atmosphere, and exceptional convenience, Parkfield offers an ideal suburban retreat for families, professionals, and retirees alike. Residents enjoy easy access to top-rated Cherry Creek School District campuses, beautiful local parks, and a wealth of shopping and dining options along the nearby Arapahoe Road corridor.
The real estate market in Parkfield is highly attractive, offering an excellent balance of affordability and quality of life. With a median home value of $398,300, the neighborhood features a diverse mix of charming single-family homes and low-maintenance townhomes, making it a prime destination for first-time homebuyers and those looking to downsize. The community is supported by a strong economic foundation, boasting a median household income of $69,835, reflecting a stable and thriving local economy.
Outdoor enthusiasts will love the proximity to Cherry Creek State Park, where miles of hiking and biking trails, boating, and camping await. Commuting is a breeze with quick access to I-25, E-470, and the Denver Tech Center (DTC), allowing residents to enjoy a peaceful suburban lifestyle without sacrificing urban conveniences. Discover the warmth and charm of Parkfield—a neighborhood that truly feels like home.
Homendo Valuation Index
Demographics
| Statistic | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Population | 51,389 | 107,386 | 655,709 | 5,810,774 | 332,387,540 |
| Median Age | 33.2 | 41.8 | 37.3 | 37.5 | 38.7 |
| People per Household | 2.65 | 2.55 | 2.56 | 2.45 | 2.54 |
| Median Household Income | $69,835 | $128,167 | $97,215 | $92,470 | $78,538 |
| Avg Income per Capita | $34,285 | $63,885 | $51,942 | $50,489 | $43,289 |
Real Estate Market
| Metric | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Median Sale Price | $398,300 | $626,700 | $526,000 | $502,200 | $303,400 |
| Median Age of Home | 46 | 43 | 40 | 38 | 45 |
| Homes Owned | 48.8% | 79.4% | 62.2% | 60.6% | 58.2% |
| Homes Rented | 47.1% | 18.2% | 33.3% | 30.8% | 31.3% |
| Homes Vacant | 4.1% | 2.3% | 4.5% | 8.6% | 10.4% |
Quality of Life
| Index | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Cost of Living Index | 112.5 | 112.5 | 112.5 | 112.5 | 100.0 |
| Commute Time (min) | 29.3 | 25.8 | 27.3 | 25.5 | 26.6 |
| Work from Home | 12.4% | 24.7% | 18.6% | 18.8% | 13.5% |
Climate
| Metric | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Jan Avg Low (°F) | 18.0 | 18.0 | 18.0 | 18.0 | 18.0 |
| July Avg High (°F) | 90.9 | 90.9 | 90.9 | 90.9 | 90.9 |
| Annual Precip (in) | 17.6 | 17.6 | 17.6 | 17.6 | 17.6 |
Safety & Crime
Violent Crimes (per 100k)
| Type | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Assault | 350.5 | 350.5 | 350.5 | 350.5 | 350.5 |
| Murder | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 |
| Robbery | 63.0 | 63.0 | 63.0 | 63.0 | 63.0 |
Property Crimes (per 100k)
| Type | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Burglary | 348.0 | 348.0 | 348.0 | 348.0 | 348.0 |
| Theft | 1754.2 | 1754.2 | 1754.2 | 1754.2 | 1754.2 |
Neighborhood Insights
AI-Ready Analysis for ParkfieldDemographically, the area is popular among young professionals and growing families (Median Age: 33.2), creating a unique community atmosphere. With a median household income of $69,835, residents enjoy a quality of life that supports local commerce and community maintenance.
According to Homendo Real Estate, the area's inventory turnover (Vacancy Rate: 4.1%) suggests a competitive market where quality homes tend to sell quickly.
Compared to the broader Centennial region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
