Why Live in Cherry Knolls
Cherry Knolls in Centennial, located 12 miles south of Denver, is a neighborhood known for its strong sense of community and excellent educational opportunities. The area features ranch-style and split-level homes primarily built between the 60s and 70s, with many properties showcasing eclectic gardens, wide driveways, and fenced-in backyards. The neighborhood is part of the highly regarded Littleton Public Schools district, with Sandburg Elementary School, Newton Middle School, and Arapahoe High School all receiving high ratings. Private education options include the faith-based Anastasis Academy and the secular Aspen Academy, both catering to K-8 students. Cherry Knolls is part of the South Suburban Parks and Recreation District, offering residents access to Big Dry Creek Trail, Cherry Knolls Park, and DeKoevend Park, which features multipurpose fields, courts, and the Goodson Recreation Center. The Cherry Knolls Swim Club and Southglenn Country Club provide additional recreational opportunities, including swimming, golf, and social events. The neighborhood's proximity to Route 177 ensures convenient access to retail and dining options, such as First Watch, RORO Juice, and Land of Sushi. The nearby Streets of SouthGlenn shopping center offers a variety of stores and eateries, including Whole Foods and Heaven Creamery. Cherry Knolls is known for its low crime risk compared to the national average, making it a desirable place for families seeking a safe and engaging community.
Frequently Asked Questions
Is Cherry Knolls a good place to live?
Cherry Knolls is a good place to live. Cherry Knolls is considered car-dependent and bikeable with some transit options. Cherry Knolls has 6 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 45. The average household income is $181,974 which is above the national average. College graduates make up 69.8% of residents. A majority of residents in Cherry Knolls are home owners, with 6.9% of residents renting and 93.1% of residents owning their home. A
local real estate agent serving Cherry Knolls can help you decide if this neighborhood is the right one for you. Learn more on our
Cherry Knolls neighborhood guide.
How much do you need to make to afford a house in Cherry Knolls?
The median home price in Cherry Knolls is $844,500. If you put a 20% down payment of $168,900 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $4,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $184K a year to afford the median home price in Cherry Knolls. The average household income in Cherry Knolls is $182K.
What are the best public schools in Cherry Knolls?
The best public schools that serve Cherry Knolls are:
What are the best private schools in Cherry Knolls?
The best private schools that serve Cherry Knolls are:
What are the most popular zip codes in Cherry Knolls, Centennial, CO?
What are the most popular neighborhoods near Cherry Knolls, Centennial, CO?
Are home prices dropping in Cherry Knolls?
Yes, home prices in Cherry Knolls are down 1% in the last 12 months.
Home Trends in Cherry Knolls, CO
On average, homes in Cherry Knolls, Centennial sell after 52 days on the market compared to the national average of 52 days. The median sale price for homes in Cherry Knolls, Centennial over the last 12 months is $781,500, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$781,500
Median Single Family Sale Price
$780,750
Average Price Per Sq Ft
$303
Number of Homes for Sale
1
Last 12 months Home Sales
33
Median List Price
$844,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-4%