Neighborhood Guide

Greenwood Acres

Centennial, CO 80121

Data Verified: Jul 6, 2026

About this Area

Greenwood Acres in Centennial, Colorado, exudes a timeless charm that blends suburban tranquility with modern convenience, making it a coveted destination for families and professionals alike. Established in the early 1970s, this neighborhood has grown into a tight-knit community where historic ranch-style homes stand alongside newer, custom-built residences, creating a harmonious architectural tapestry. The tree-lined streets, adorned with mature elms and maples, evoke a sense of nostalgia while offering the perks of contemporary living. Residents often describe the atmosphere as warm and welcoming, with neighbors who know each other by name and a strong sense of community pride that permeates every block. The neighborhood’s history is deeply rooted in Centennial’s agricultural past, yet it has evolved into a thriving suburban enclave that balances rustic appeal with urban accessibility.

Greenwood Acres boasts a diverse real estate market with a median home value of $684,900, reflecting its appeal to a wide range of buyers, from first-time homeowners to seasoned investors. The architectural styles here are as varied as the residents themselves, featuring classic ranch homes with sprawling yards, mid-century modern marvels with floor-to-ceiling windows, and stately two-story properties with wraparound porches. Lot sizes typically range from 0.25 to 0.5 acres, offering ample space for gardening, outdoor recreation, or future expansions. The neighborhood’s real estate market is competitive yet stable, with homes often appreciating steadily due to the area’s desirability and limited turnover. Buyers are drawn to Greenwood Acres for its blend of affordability and luxury, where well-maintained properties command premium prices without the exorbitant costs of nearby Denver suburbs.

Residents of Greenwood Acres enjoy unparalleled access to Centennial’s finest amenities, starting with the sprawling 1,100-acre Cherry Creek State Park, just a short drive away, offering hiking, boating, and picnicking opportunities. The neighborhood is also within walking distance of the prestigious Cherry Creek Schools district, including the highly rated Cherry Creek High School, ensuring top-tier education for families. For shopping and dining, the nearby Park Meadows Mall provides a luxury retail experience, while local eateries like The Tavern at Greenwood Village cater to everyday needs. Parks such as Greenwood Park and the Centennial Center Park offer playgrounds, sports fields, and scenic walking trails, fostering an active and family-friendly lifestyle. Additionally, the neighborhood’s proximity to major highways like I-25 and E-470 ensures quick commutes to Denver, DTC, and beyond.

Choosing to live in Greenwood Acres means embracing a lifestyle that combines the best of suburban living with the convenience of urban access, all within a community that values connection and quality. With a median household income of $136,287, residents enjoy financial stability and the ability to invest in their homes and futures. The neighborhood’s proximity to top-rated schools, state parks, and major employment hubs makes it an ideal location for families, professionals, and retirees alike. Commute times are reasonable, with most residents reaching downtown Denver in under 30 minutes, while the area’s low crime rates and well-maintained infrastructure add to its appeal. Whether you’re drawn to the historic charm, the modern amenities, or the strong sense of community, Greenwood Acres stands out as a premier destination in Centennial, Colorado.

Homendo Valuation Index
Quality of Life 85
Environment 90
Education 82
Safety 86
Demographics
Population
17,929
Density
3,200
Median Age
48.6
Income
$136,287
StatisticZipCityCountyStateUSA
Population 17,929 107,386655,7095,810,774332,387,540
Median Age 48.6 41.837.337.538.7
People per Household 2.42 2.552.562.452.54
Median Household Income $136,287 $128,167$97,215$92,470$78,538
Avg Income per Capita $89,480 $63,885$51,942$50,489$43,289
Real Estate Market
Median Value
$684,900
Median Rent
$1,797
Available
67
MetricZipCityCountyStateUSA
Median Sale Price$684,900$626,700$526,000$502,200$303,400
Median Age of Home5343403845
Homes Owned83.8%79.4%62.2%60.6%58.2%
Homes Rented13.5%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 Index150.3150.3150.3150.3100.0
Commute Time (min)24.425.827.325.526.6
Work from Home25.8%24.7%18.6%18.8%13.5%
Climate
Jan Low
15.3°
July High
91.3°
Rain
16.3"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)15.315.315.315.315.3
July Avg High (°F)91.391.391.391.391.3
Annual Precip (in)16.316.316.316.316.3
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 Greenwood Acres

Greenwood Acres is an affluent community with above-average earning potential located in Centennial. The neighborhood is characterized by a very high stability rate, with 83.8% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area tends to attract established professionals and retirees (Median Age: 48.6), creating a unique community atmosphere. With a median household income of $136,287, 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 Greenwood Acres is currently active. The median home value stands at $684,900, reflecting the desirability of the Centennial area. For investors or those looking to lease, the median rent is approximately $1,797.

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).

Greenwood Acres holds a Homendo Safety Score of 86 and an Environmental Quality Score of 90. 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 Greenwood Acres is rated at 82 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).