Why Live in Centennial
Centennial in Lafayette, Indiana, is a neighborhood rich in history and cultural activities. The area is known for its historic homes, with many properties dating back to the 1840s, featuring Italianate and Queen Anne architectural styles. The neighborhood's central green space, Centennial Park, offers a playground, basketball court, and picnic shelter, while Tapawingo Park, just across the Wabash River, provides additional recreational opportunities like ice skating and walking trails. Education is a strong point, with Jefferson High School receiving high ratings and offering a variety of Advanced Placement courses. For those seeking things to do, Centennial is home to the Historic Monon Depot Theatre and the Wells Community Center, which hosts art exhibitions and performances. Annual events such as the Taste of Tippecanoe festival bring the community together with local food, music, and art. The neighborhood is pedestrian-friendly, with sidewalks connecting streets shaded by mature trees, and public transportation is easily accessible via the nearby CityBus headquarters and Amtrak station. Main Street, just a block away, offers a variety of shopping and dining options, including boutiques, coffee shops, and restaurants like Bistro 501 and The Lobby by Greyhouse. Safety in Centennial is comparable to the national average, making it a practical choice for residents.
Frequently Asked Questions
Is Centennial a good place to live?
Centennial is a good place to live. Centennial is considered fairly walkable and very bikeable with good transit options. Centennial has 5 parks for recreational activities. It has a median age of 33. The average household income is $41,817 which is below the national average. College graduates make up 52.4% of residents. A majority of residents in Centennial are renters, with 86.6% of residents renting and 13.4% 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.
How much do you need to make to afford a house in Centennial?
The median home price in Centennial is $250,000. If you put a 20% down payment of $50,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K a year to afford the median home price in Centennial. The average household income in Centennial is $42K.
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, Lafayette, IN?
What are the most popular neighborhoods near Centennial, Lafayette, IN?
Are home prices dropping in Centennial?
Yes, home prices in Centennial are down 32% in the last 12 months.
Home Trends in Centennial, IN
On average, homes in Centennial, Lafayette sell after 38 days on the market compared to the national average of 52 days. The median sale price for homes in Centennial, Lafayette over the last 12 months is $270,000, down 18% from the median home sale price over the previous 12 months.
Median Sale Price
$270,000
Median Single Family Sale Price
$215,000
Average Price Per Sq Ft
$78
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$250,000
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
-18%