Cherry Creek residents paid property taxes equaling 0.8% of their home values during the fourth quarter of 2025—an amount less than 0.9 times the national average, according to BlockShopper.com.
Data show the median home sale price in Cherry Creek reached $725,000 over the same period, calculated from 13 transactions. For 2025, the city’s median tax bill totaled $5,671, amounting to 0.8% of the median assessed home value.
The U.S. average effective property tax rate stood at 0.888% for 2024.
Within Arapahoe County, Columbine and Columbine Valley reported the two highest effective property tax rates.
Estimates for the 2025 effective property tax rate are based on assumed inflation parameters and 2024 county tax records. The calculated effective rate may differ slightly in practice.
National home values continued increasing in 2025, with the median sales price reaching roughly $447,000 as of June—a 1.13% uptick over the previous year, according to Redfin. Data also highlight ongoing supply and demand imbalance, with 36% more sellers than buyers—a surplus of 508,715 homes. By Redfin’s definition, a market is considered balanced when seller and buyer numbers remain within 10% of each other.
The table below shows median effective property tax rates in Columbine and selected cities throughout Arapahoe County, using home sales and property tax figures from the fourth quarter of 2025.
| 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% |
This article’s information comes from BlockShopper.com. The original data set can be accessed here.