About this Area
Cherrywood Village in Centennial, Colorado, is a neighborhood that exudes a warm, family-friendly atmosphere, where community spirit and modern living come together in perfect harmony. Established in the late 1980s, Cherrywood Village was designed to be a haven for families seeking a safe, welcoming environment with easy access to Denver’s urban amenities. The neighborhood’s name reflects its lush, tree-lined streets and the vibrant cherry trees that dot the landscape, adding a touch of natural beauty to the area. Over the years, Cherrywood Village has maintained its reputation as a close-knit community, where neighbors know each other and community events like block parties, holiday festivals, and farmers' markets foster a strong sense of belonging. The neighborhood’s rich history is evident in its well-preserved mid-century modern and contemporary architectural styles, which blend seamlessly with newer, custom-built homes.
The real estate market in Cherrywood Village is characterized by a mix of charming mid-century homes, spacious single-family residences, and modern luxury properties, with a median home value of $599,400 that reflects the neighborhood’s enduring appeal. Architectural styles here are diverse, ranging from classic ranch-style homes with large yards to contemporary designs featuring open floor plans, gourmet kitchens, and energy-efficient systems. Lot sizes typically range from 0.20 to 0.40 acres, offering ample space for outdoor living, gardening, and family activities. Many properties in Cherrywood Village boast unique features such as original hardwood floors, vaulted ceilings, and expansive decks, while newer constructions incorporate the latest in smart home technology and sustainable building practices. The neighborhood’s well-planned zoning ensures a harmonious blend of residential and green spaces, making it an ideal choice for buyers seeking both character and modern convenience.
Cherrywood Village is a paradise for families and outdoor enthusiasts, offering an abundance of amenities that cater to every aspect of daily life. The neighborhood is home to several parks and playgrounds, including the popular Cherrywood Park, which features picnic areas, sports fields, and walking trails. Families will appreciate the proximity to top-rated schools in the Cherry Creek School District, which provide exceptional education and a wide range of extracurricular programs. For shopping and dining, residents can explore nearby Cherry Creek Mall, one of the region’s premier retail destinations, featuring high-end stores like Nordstrom, Apple, and Tiffany & Co., as well as a variety of restaurants and cafes. Additionally, the area is just a short drive from the Denver Tech Center, providing easy access to corporate offices, healthcare facilities, and entertainment venues like the Fiddler’s Green Amphitheatre.
Buyers choose to live in Cherrywood Village for its perfect blend of suburban charm, modern convenience, and economic stability, with a median household income of $120,181 ensuring a thriving community. The neighborhood’s strategic location in Centennial offers easy access to major highways like I-25 and E-470, making commutes to Denver, DTC, and surrounding areas a breeze, typically ranging from 15 to 30 minutes depending on traffic. Its strong real estate market, characterized by steady appreciation and low turnover, makes it a sound investment for long-term growth. Cherrywood Village’s commitment to safety, education, and community engagement further solidifies its reputation as one of Centennial’s most desirable neighborhoods, attracting buyers who value both quality of life and financial prudence.
Homendo Valuation Index
Demographics
| Statistic | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Population | 31,575 | 107,386 | 655,709 | 5,810,774 | 332,387,540 |
| Median Age | 43.1 | 41.8 | 37.3 | 37.5 | 38.7 |
| People per Household | 2.46 | 2.55 | 2.56 | 2.45 | 2.54 |
| 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
| Metric | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Median Sale Price | $599,400 | $626,700 | $526,000 | $502,200 | $303,400 |
| Median Age of Home | 47 | 43 | 40 | 38 | 45 |
| Homes Owned | 80.9% | 79.4% | 62.2% | 60.6% | 58.2% |
| Homes Rented | 15.8% | 18.2% | 33.3% | 30.8% | 31.3% |
| Homes Vacant | 3.3% | 2.3% | 4.5% | 8.6% | 10.4% |
Quality of Life
| Index | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Cost of Living Index | 139.0 | 139.0 | 139.0 | 139.0 | 100.0 |
| Commute Time (min) | 23.6 | 25.8 | 27.3 | 25.5 | 26.6 |
| Work from Home | 24.8% | 24.7% | 18.6% | 18.8% | 13.5% |
Climate
| Metric | Zip | City | County | State | USA |
|---|---|---|---|---|---|
| Jan Avg Low (°F) | 14.1 | 14.1 | 14.1 | 14.1 | 14.1 |
| July Avg High (°F) | 90.6 | 90.6 | 90.6 | 90.6 | 90.6 |
| Annual Precip (in) | 15.8 | 15.8 | 15.8 | 15.8 | 15.8 |
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 Cherrywood VillageDemographically, 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.
According to Homendo Network, the area's inventory turnover (Vacancy Rate: 3.3%) 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.
