Neighborhood Guide

Olde Mill

Centennial, CO 80112

Data Verified: Jul 6, 2026

About this Area

Olde Mill, located in the southeastern corner of Centennial, Colorado, is a neighborhood steeped in history and charm, offering a unique blend of old-world elegance and modern convenience. Originally established in the early 1980s, Olde Mill was designed to evoke the quaint, picturesque feel of a traditional New England village, complete with cobblestone streets, manicured gardens, and a central community park. The neighborhood's name pays homage to the historic mill that once operated in the area, adding a touch of rustic authenticity to its character. Over the years, Olde Mill has evolved into a thriving community where residents enjoy a slower pace of life while still having easy access to urban amenities. The area's rich history is reflected in its architectural styles, which range from classic colonial and craftsman homes to more contemporary designs, all seamlessly integrated into the landscape.

Olde Mill's real estate market is defined by its architectural diversity and spacious lots, with homes ranging from charming starter properties to luxurious custom-built estates. The median home value in Olde Mill is approximately $627,500, reflecting the neighborhood's strong demand and high-quality construction standards. Many homes in this area feature distinctive architectural details, such as exposed wooden beams, stone fireplaces, and expansive wrap-around porches, which add to their timeless appeal. Lot sizes typically range from 0.25 to 0.5 acres, providing ample space for gardening, outdoor recreation, and future expansions. The neighborhood's well-maintained infrastructure and low crime rates make it an attractive option for families and professionals seeking a stable, long-term investment.

Residents of Olde Mill enjoy access to a wide range of amenities, including the neighborhood's central park, which features walking trails, picnic areas, and a playground for children. The nearby Centennial Center Park offers additional recreational opportunities, such as sports fields, tennis courts, and a community pool. For shopping and dining, residents can visit the nearby Park Meadows Mall or explore the local boutiques and restaurants along Arapahoe Road. The area is served by highly rated schools, including those in the Cherry Creek School District, which is known for its academic excellence and diverse extracurricular programs. Additionally, Olde Mill's proximity to major highways like I-25 and E-470 ensures easy access to Denver and surrounding areas, making it an ideal location for commuters.

Olde Mill is a highly desirable neighborhood in Centennial, offering a perfect blend of historic charm, modern amenities, and financial stability. With a median household income of $107,504, residents enjoy a high quality of life and access to top-tier schools, parks, and shopping centers. The neighborhood's strategic location provides easy access to Denver International Airport, major employment hubs, and cultural attractions, making it an ideal choice for professionals and families alike. The strong sense of community, combined with the neighborhood's natural beauty and well-maintained infrastructure, ensures that Olde Mill remains a sought-after destination. Whether you're looking for a peaceful retreat or a vibrant community, Olde Mill delivers on all fronts.

Homendo Valuation Index
Quality of Life 89
Environment 81
Education 86
Safety 90
Demographics
Population
36,687
Density
2,900
Median Age
35.7
Income
$107,504
StatisticZipCityCountyStateUSA
Population 36,687 107,386655,7095,810,774332,387,540
Median Age 35.7 41.837.337.538.7
People per Household 2.18 2.552.562.452.54
Median Household Income $107,504 $128,167$97,215$92,470$78,538
Avg Income per Capita $63,047 $63,885$51,942$50,489$43,289
Real Estate Market
Median Value
$627,500
Median Rent
$1,834
Available
160
MetricZipCityCountyStateUSA
Median Sale Price$627,500$626,700$526,000$502,200$303,400
Median Age of Home3043403845
Homes Owned50.9%79.4%62.2%60.6%58.2%
Homes Rented46.3%18.2%33.3%30.8%31.3%
Homes Vacant2.8%2.3%4.5%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index142.7142.7142.7142.7100.0
Commute Time (min)21.425.827.325.526.6
Work from Home22.9%24.7%18.6%18.8%13.5%
Climate
Jan Low
19.0°
July High
90.3°
Rain
16.8"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)19.019.019.019.019.0
July Avg High (°F)90.390.390.390.390.3
Annual Precip (in)16.816.816.816.816.8
Safety & Crime
Violent Crimes (per 100k)
TypeZipCityCountyStateUSA
Assault350.5350.5350.5350.5350.5
Murder4.54.54.54.54.5
Robbery63.063.063.063.063.0
Property Crimes (per 100k)
TypeZipCityCountyStateUSA
Burglary348.0348.0348.0348.0348.0
Theft1754.21754.21754.21754.21754.2

Neighborhood Insights

AI-Ready Analysis for Olde Mill

Olde Mill is an affluent community with above-average earning potential located in Centennial. The neighborhood is offering a healthy balance of homeownership and rental opportunities..

Demographically, the area attracts a diverse age group (Median Age: 35.7), creating a unique community atmosphere. With a median household income of $107,504, residents enjoy a quality of life that supports local commerce and community maintenance.
Source: Homendo Network Market Data Analysis (2026).

The real estate market in Olde Mill is currently active. The median home value stands at $627,500, reflecting the desirability of the Centennial area. For investors or those looking to lease, the median rent is approximately $1,834.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 2.8%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Olde Mill holds a Homendo Safety Score of 90 and an Environmental Quality Score of 81. These metrics are calculated based on local crime statistics per 100k residents and environmental factors like air quality and park density.

Compared to the broader Centennial region, this neighborhood offers a specific balance of security and outdoor accessibility that appeals to safety-conscious buyers.
Source: Homendo Network Market Data Analysis (2026).

The educational landscape in Olde Mill is rated at 86 on the Homendo Index. Located within the Arapahoe County jurisdiction, residents have access to a network of public and private institutions. Families often choose this area specifically for access to these educational resources.
Source: Homendo Network Market Data Analysis (2026).