Neighborhood Guide

Cherry Knolls

Centennial, CO 80122

Data Verified: Jul 6, 2026

About this Area

Cherry Knolls, nestled in the heart of Centennial, Colorado, exudes a timeless charm that blends suburban tranquility with modern convenience. Established in the late 1960s, this neighborhood was designed to foster a close-knit community feel, where neighbors become lifelong friends and children grow up playing in the same parks their parents once did. The winding streets, lined with mature trees and well-manicured lawns, create a picturesque setting that feels both welcoming and exclusive. Historically, Cherry Knolls has been a hub for families seeking a balance between urban accessibility and suburban serenity, with its roots deeply tied to Centennial's growth as a premier residential area. The neighborhood's name pays homage to the wild cherry trees that once dotted the landscape, a nod to Colorado's natural beauty that still lingers in pockets of undeveloped green spaces. Today, Cherry Knolls retains its original allure while evolving to meet the needs of contemporary homeowners, making it a sought-after enclave for those who value both heritage and modern living.

Cherry Knolls boasts a diverse and well-maintained real estate market, where architectural styles range from mid-century ranch homes to expansive modern dwellings, all set on generously sized lots that average between 0.25 to 0.5 acres. The median home value in Cherry Knolls hovers around $599,400, reflecting the neighborhood's desirability and the high quality of construction found within its borders. Many properties feature updated kitchens, hardwood floors, and open floor plans, catering to the tastes of today's buyers while preserving the charm of original designs. Larger lots often accommodate custom-built homes, offering buyers the opportunity to create their dream residence in a neighborhood known for its stability and appreciation potential. The real estate market here is competitive yet balanced, with homes selling quickly due to their desirable locations, proximity to top-rated schools, and access to Centennial's thriving amenities.

Residents of Cherry Knolls enjoy unparalleled access to a wealth of amenities that enhance daily life and foster a strong sense of community. The neighborhood is bordered by the expansive Cherry Creek State Park, a 3,800-acre recreational haven offering hiking, biking, fishing, and boating, as well as a 1,100-acre reservoir for water sports enthusiasts. Within walking distance, families can explore the Cherry Knolls Park, which features playgrounds, picnic areas, and sports fields, perfect for weekend gatherings and youth sports leagues. For shopping and dining, the nearby Centennial Mall and Park Meadows Mall provide a wide array of retail options, from boutique stores to national retailers, alongside a diverse selection of restaurants serving everything from casual bites to fine dining. Educational excellence is a cornerstone of Cherry Knolls, with top-rated schools like Cherry Creek High School and the Cherry Creek School District serving the area, ensuring that families have access to some of the best public education in the state.

Choosing to call Cherry Knolls home means investing in a lifestyle that prioritizes community, convenience, and quality, all within a neighborhood that has consistently ranked among Centennial's most desirable places to live. With a median household income of $120,181, residents enjoy financial stability and the ability to invest in their properties, knowing that the area's real estate market remains robust and resilient. The neighborhood's prime location offers easy access to major highways like I-25 and E-470, ensuring a smooth commute to downtown Denver in under 30 minutes, while the presence of top-tier schools and abundant recreational opportunities make it an ideal setting for families. Whether you're drawn to the historic charm of its original homes, the modern amenities of updated properties, or the tight-knit community spirit, Cherry Knolls provides a rare blend of suburban comfort and urban accessibility. It's a place where memories are made, and where the value of home extends far beyond the walls of your house.

Homendo Valuation Index
Quality of Life 93
Environment 87
Education 92
Safety 87
Demographics
Population
31,575
Density
3,200
Median Age
43.1
Income
$120,181
StatisticZipCityCountyStateUSA
Population 31,575 107,386655,7095,810,774332,387,540
Median Age 43.1 41.837.337.538.7
People per Household 2.46 2.552.562.452.54
Median Household Income $120,181 $128,167$97,215$92,470$78,538
Avg Income per Capita $62,481 $63,885$51,942$50,489$43,289
Real Estate Market
Median Value
$599,400
Median Rent
$1,942
Available
126
MetricZipCityCountyStateUSA
Median Sale Price$599,400$626,700$526,000$502,200$303,400
Median Age of Home4743403845
Homes Owned80.9%79.4%62.2%60.6%58.2%
Homes Rented15.8%18.2%33.3%30.8%31.3%
Homes Vacant3.3%2.3%4.5%8.6%10.4%
Quality of Life
IndexZipCityCountyStateUSA
Cost of Living Index139.0139.0139.0139.0100.0
Commute Time (min)23.625.827.325.526.6
Work from Home24.8%24.7%18.6%18.8%13.5%
Climate
Jan Low
14.1°
July High
90.6°
Rain
15.8"
MetricZipCityCountyStateUSA
Jan Avg Low (°F)14.114.114.114.114.1
July Avg High (°F)90.690.690.690.690.6
Annual Precip (in)15.815.815.815.815.8
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 Cherry Knolls

Cherry Knolls is an affluent community with above-average earning potential located in Centennial. The neighborhood is characterized by a very high stability rate, with 80.9% of residents owning their homes. This typically indicates a long-term, established neighborhood structure..

Demographically, the area attracts a diverse age group (Median Age: 43.1), creating a unique community atmosphere. With a median household income of $120,181, 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 Cherry Knolls is currently active. The median home value stands at $599,400, reflecting the desirability of the Centennial area. For investors or those looking to lease, the median rent is approximately $1,942.

According to Homendo Network, the area's inventory turnover (Vacancy Rate: 3.3%) suggests a competitive market where quality homes tend to sell quickly.
Source: Homendo Network Market Data Analysis (2026).

Cherry Knolls holds a Homendo Safety Score of 87 and an Environmental Quality Score of 87. 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 Cherry Knolls is rated at 92 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).