Centennial, CO

Population: 106,114
Average annual home appreciation rate: 23.81%
Total of homes for sale in this market: 434
Median home price: $399,231
Median Rent: $1,694 per room
Home price range: 41.44% of homes are between $264,001 – $396,000
Median sales price: Still gathering data
Number of homes: 414
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 77.04% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 2.99%
Number of renters: 17.85%
Number of owner occupied: 82.15%
Number people living below poverty level: 5.21%
Unemployment rate: 3.60%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Centennial area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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