Why Live in Centennial
Centennial, a neighborhood in Burlington, is characterized by its close proximity to the University of Vermont, offering a blend of college life and natural beauty. The area features Cape Cod and colonial-inspired homes, many of which are rental properties due to the high student population. Centennial Woods, a 65-acre natural area with trails, is centrally located, providing residents with ample outdoor space. Downtown Burlington and the University Mall are both within a 10-minute drive, offering many shopping and dining options, including Kampus Kitchen, Masala Elaichi and The Windjammer and Upper Deck Pub. The neighborhood is highly walkable, with sidewalks and bike lanes on Main Street and Colchester Avenue, making it easy to reach UVM and the University of Vermont Medical Center, both less than a mile away. The Burlington and South Burlington school districts serve the area, with highly rated schools like Edmunds Middle School and Burlington High School. Centennial Field, the university’s historic ballpark, hosts the Vermont Lake Monsters baseball team. Burlington International Airport is conveniently located just 2 miles away. The neighborhood has a mix of students and long-term residents, with efforts from the university to foster good neighbor relations.
Frequently Asked Questions
Is Centennial a good place to live?
Centennial is a good place to live. Centennial is considered very car-dependent and somewhat bikeable with some transit options. Centennial is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Centennial has 5 parks for recreational activities. It has a median age of 32. The average household income is $83,222 which is below the national average. College graduates make up 76.4% of residents. A majority of residents in Centennial are renters, with 76.5% of residents renting and 23.5% of residents owning their home. A
local real estate agent serving Centennial can help you decide if this neighborhood is the right one for you. Learn more on our
Centennial neighborhood guide.
Is Centennial, VT a safe neighborhood?
Centennial, VT is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Centennial?
The median home price in Centennial is $599,500. If you put a 20% down payment of $119,900 and had a 30-year fixed mortgage with an interest rate of 6.11%, your estimated principal and interest payment would be $2,910 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $125K a year to afford the median home price in Centennial. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Centennial is $83K.
What are the best public schools in Centennial?
The best public schools that serve Centennial are:
What are the best private schools in Centennial?
The best private schools that serve Centennial are:
What are the most popular zip codes in Centennial, Burlington, VT?
What are the most popular neighborhoods near Centennial, Burlington, VT?
Are home prices dropping in Centennial?
Yes, home prices in Centennial are down 11% in the last 12 months.
Home Trends in Centennial, VT
On average, homes in Centennial, Burlington sell after 75 days on the market compared to the national average of 53 days. The median sale price for homes in Centennial, Burlington over the last 12 months is $559,000, down 7% from the median home sale price over the previous 12 months.
Median Sale Price
$559,000
Median Single Family Sale Price
$564,500
Average Price Per Sq Ft
$343
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$599,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-7%