What is the median home value in Cherry Creek, CO?

The median value of owner-occupied homes in Cherry Creek, CO is $888,900 (±$47,778), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Cherry Creek, the median home value went from $628,200 in 2015–2019 to $888,900 in 2020–2024 (+41.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$888,900 (±$47,778)
Owner-occupied homes
3,293 (±315)
Most common range
$500,000 to $999,999

Home values in Cherry Creek

Owner-occupied homes by value, 2020–2024
ValueCherry CreekArapahoe CountyColoradoUnited States
Less than $50,0000.2% (±0.4 points)1.8%2.9%5.3%
$50,000 to $99,9992.1% (±2.0 points)1.0%1.9%6.1%
$100,000 to $149,9991.1% (±1.8 points)0.7%1.6%6.8%
$150,000 to $199,9993.7% (±2.9 points)1.1%2.0%9.0%
$200,000 to $299,9991.7% (±1.4 points)5.0%6.8%17.8%
$300,000 to $499,9999.4% (±4.1 points)31.5%30.0%26.9%
$500,000 to $999,99944.3% (±5.8 points)49.3%43.6%20.9%
$1,000,000 or more37.5% (±5.6 points)9.6%11.1%7.1%

The most common range is $500,000 to $999,999, 44.3% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Cherry Creek against Arapahoe County, its state and the nation

Estimate (90% margin of error)
Cherry CreekArapahoe CountyColoradoUnited States
Median home value$888,900 (±$47,778)$561,200 (±$5,168)$539,400 (±$2,069)$332,700
Owner-occupied homes3,293 (±315)166,534 (±2,086)1,571,735 (±8,198)84,210,142

In Cherry Creek, the median home value is higher than in Arapahoe County ($561,200).

It is also higher than in Colorado ($539,400).

It is higher than the national figure ($332,700).

In Arapahoe County, Cherry Creek ranks 6 of 20 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 29 of 325.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Cherry Creek have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$628,200 (±$22,167)$888,900 (±$47,778)+41.5%Up after inflation
Median owner cost with a mortgage$2,495 (±$145)$3,010 (±$203)+20.6%No measurable change after inflation
Median real estate taxes$3,763 (±$162)$4,699 (±$249)+24.9%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Cherry Creek

Nearest places with a published estimate, compared with Cherry Creek
PlaceDistanceMedian home valueCompared with this place
Cherry Creek—$888,900 (±$47,778)—
Centennial1.3 mi$658,100 (±$6,359)Lower
Inverness2.3 mi$862,300 (±$191,418)Not measurably different
Greenwood Village2.6 mi$1,237,800 (±$102,158)Higher
Dove Valley2.9 mi$455,600 (±$24,489)Lower
Acres Green4.1 mi$580,900 (±$15,558)Lower
Foxfield4.4 mi$1,065,900 (±$67,635)Higher
Meridian4.4 mi$581,100 (±$78,267)Lower
Cherry Hills Village4.8 mi$2,000,000 or more—

Nearby places with a measurably lower figure: Centennial, CO ($658,100), Dove Valley, CO ($455,600), Acres Green, CO ($580,900).

Nearby places with a measurably higher figure: Greenwood Village, CO ($1,237,800), Foxfield, CO ($1,065,900).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Arapahoe County, place by place

RankPlaceMedian home value
1 (tie)Bow Mar$2,000,000 or more
1 (tie)Cherry Hills Village$2,000,000 or more
3Columbine Valley$1,578,900 (±$197,240)
4Greenwood Village$1,237,800 (±$102,158)
5Foxfield$1,065,900 (±$67,635)
6Cherry Creek$888,900 (±$47,778)
7Inverness$862,300 (±$191,418)
8Holly Hills$702,000 (±$45,359)
9Centennial$658,100 (±$6,359)
10Littleton$630,600 (±$15,435)
11Englewood$572,900 (±$12,766)
12Strasburg$496,100 (±$49,473)

Showing 12 of 20 places in Arapahoe County, ranked from highest to lowest.

Cherry Creek is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Cherry Creek

What is the average home value in Cherry Creek, CO?

The Census Bureau publishes the median: $888,900 (±$47,778) for owner-occupied homes in Cherry Creek (2020–2024 American Community Survey).

Have home values in Cherry Creek gone up?

In Cherry Creek, the median home value went from $628,200 in 2015–2019 to $888,900 in 2020–2024 (+41.5%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Cherry Creek sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cherry Creek CDP, Colorado (place:13590, in state:08).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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