Homeowners in Cherry Hills Village paid property taxes equal to 0.5% of their home’s value in the fourth quarter of 2025—about 0.6 times below the national average, according to BlockShopper.com.
Data from eight home sales during the quarter show Cherry Hills Village’s median sales price was $3,675,000. The median property tax bill for 2025 in the city stood at $19,252, or 0.5% of the median value of taxed homes.
The U.S. average effective property tax rate was 0.888% in 2024.
In Arapahoe County, Columbine and Columbine Valley had the two highest rates among local cities.
This article uses estimated inflation factors and county-provided 2024 property tax data to determine the effective rate for 2025. Actual effective rates may slightly differ for some properties.
National home prices climbed again in 2025, with the June median price hitting about $447,000—a 1.13% rise from the previous year, based on Redfin’s analysis. Redfin data also highlights a notable imbalance in the market: there were 36% more sellers than buyers in 2025 (a difference of 508,715 homes). A balanced housing market, according to Redfin, has buyers and sellers within 10% of each other.
The table below compares Columbine’s median effective property tax rate to those of other Arapahoe County cities, calculated from 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% |
Details in this report are based on data from BlockShopper.com. Access the source material here.