Cherry Creek homeowners paid property taxes at a rate of 0.6% of their homes’ values in the first quarter of 2026, which is below 0.7 times the national average, figures from BlockShopper.com show.
Data indicates the median home sales price in Cherry Creek during this period was $915,000, with 16 properties sold. For 2026, the median tax bill in the city was $5,781, representing 0.6% of the median home value taxed.
The average effective property tax rate across the United States stood at 0.888% in 2024.
Within Arapahoe County, four cities recorded the area’s highest effective tax rate at 0.7%.
The effective property tax rate for 2026 in this article is based on estimates using 2024 county tax data and adjusted for inflation; actual rates may differ somewhat.
Redfin data show that U.S. home prices rose in 2025, with the national median price reaching roughly $447,000 in June, an increase of 1.13% from a year earlier. Supply and demand data highlight an imbalance, with the number of sellers exceeding buyers by 36%—a gap of 508,715 homes. Redfin classifies a balanced market as one where the number of buyers and sellers is within 10% of each other.
The following table provides a comparison of Holly Hills and other Arapahoe County cities by their median effective property tax rate, using transaction and tax data from the first quarter of 2026.
| City | Q1 2026 Sales | Q1 2026 Median Price | Median tax 2026 | Effective tax rate |
|---|---|---|---|---|
| Holly Hills | 7 | $645,000 | $4,412 | 0.7% |
| Spring Creek Meadows | 4 | $547,500 | $3,993 | 0.7% |
| Centennial | 143 | $634,500 | $4,545 | 0.7% |
| Dove Valley | 6 | $447,500 | $3,079 | 0.7% |
| Aurora | 420 | $445,000 | $2,800 | 0.6% |
| Cherry Hills Village | 9 | $3,200,000 | $19,625 | 0.6% |
| Cherry Creek | 16 | $915,000 | $5,781 | 0.6% |
| Littleton | 35 | $651,000 | $4,117 | 0.6% |
| Columbine Valley | 2 | $2,059,000 | $12,622 | 0.6% |
| Greenwood Village | 19 | $1,650,000 | $9,312 | 0.6% |
| Englewood | 22 | $564,250 | $2,849 | 0.5% |
| Sheridan | 7 | $525,000 | $2,751 | 0.5% |
| Columbine | 2 | $1,227,500 | $5,887 | 0.5% |
Information for this article is sourced from BlockShopper.com. Source data can be accessed here.