Cherry Hills Village homeowners paid an effective property tax rate of 0.6% of home value in the first quarter of 2026, making it less than 0.7 times the national average, according to BlockShopper.com.
During the period, the median sale price in Cherry Hills Village was $3,200,000 across nine recorded sales. The city’s median property tax bill for 2026 was $19,625, accounting for 0.6% of the typical assessed value.
The nationwide average effective property tax rate stood at 0.888% in 2024.
For Arapahoe County, four cities listed a top effective tax rate of 0.7%.
This article bases its 2026 effective property tax rate estimates on projected inflation values using 2024 tax figures supplied by the county. Actual effective rates in some instances may be marginally different.
According to Redfin, U.S. home prices rose in 2025, with the national median reaching about $447,000 as of June—a 1.13% upward shift from a year earlier. Data noted a substantial gap in supply and demand, as sellers outnumbered buyers by 36% (a surplus of 508,715 homes). Redfin defines a balanced housing market as one where buyer and seller counts are within 10%.
The table below shows how Holly Hills and other Arapahoe County cities ranked by their median effective property tax rate, calculated from Q1 2026 home sales and tax records.
| 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% |
BlockShopper.com provided data for this article. The original data may be reviewed here.