Centennial homeowners paid 0.7% of their property’s value in taxes during the fourth quarter of 2025, or about 0.8 times the national average, reports BlockShopper.com.
Data on 197 properties sold in that period show the city’s median sales price reached $625,000. For 2025, the median property tax bill in Centennial was $4,458, which also equaled 0.7% of the median assessed value.
The average effective property tax rate nationwide stood at 0.888% in 2024.
Within Arapahoe County, the cities of Columbine and Columbine Valley had the area’s top two property tax rates.
These 2025 effective property tax calculations use estimated inflation and 2024 county data, and actual rates may vary slightly in some cases.
U.S. home prices continued trending upward in 2025, with the national median closing at roughly $447,000 in June—a 1.13% increase from one year ago, according to Redfin. The report noted a sizable imbalance between sellers and buyers, with sellers outnumbering buyers by 36% (a difference of 508,715 homes). Under Redfin’s standard, a market is balanced if the difference between seller and buyer numbers remains below 10%.
The table below compares the median effective property tax rate for Columbine to several other cities in Arapahoe County, with figures based on both fourth quarter 2025 sales and tax data.
| City | Q4 2025 Sales | Q4 2025 Median Price | Median tax 2025 | Effective tax rate |
|---|---|---|---|---|
| Columbine | 5 | $550,000 | $5,775 | 1% |
| Columbine Valley | 2 | $1,442,000 | $12,382 | 0.9% |
| Dove Valley | 8 | $381,000 | $3,021 | 0.8% |
| Cherry Creek | 13 | $725,000 | $5,671 | 0.8% |
| Centennial | 197 | $625,000 | $4,458 | 0.7% |
| Bow Mar | 4 | $2,757,500 | $20,084 | 0.7% |
| Littleton | 60 | $582,500 | $4,038 | 0.7% |
| Holly Hills | 11 | $662,500 | $4,328 | 0.7% |
| Sheridan | 10 | $419,750 | $2,699 | 0.6% |
| Aurora | 520 | $425,000 | $2,747 | 0.6% |
| Byers | 3 | $300,000 | $1,691 | 0.6% |
| Englewood | 50 | $600,000 | $2,794 | 0.5% |
| Greenwood Village | 32 | $1,700,000 | $9,135 | 0.5% |
| Cherry Hills Village | 8 | $3,675,000 | $19,252 | 0.5% |
| Inverness | 3 | $805,000 | $4,190 | 0.5% |
| Glendale | 2 | $1,395,500 | $2,073 | 0.1% |
Information for this story is based on data from BlockShopper.com. Original source data is available here.