The story of this market
The typical home in Cherry Hills Village, Colorado sells for about $3,337,500, or $369 per square foot.
Prices are up +24.3% from a year ago, so sellers still have some momentum. Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $4,900 a month.
Monthly price momentum
Home values since 2015
+0.4%
CO · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Cherry Hills Village, Colorado
Cherry Hills Village remains a highly resilient, luxury-focused real estate market characterized by limited inventory and high demand for large-lot estates. The market is currently in a seller's position, with homes selling quickly and maintaining strong year-over-year price appreciation. The city's exclusivity and high-quality school districts continue to drive property values, insulating the market from broader regional volatility.
No ARED county foreclosure postings attributed to Cherry Hills Village yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 24.3% year over year.
Homes spend a median of 19 days on market with 4.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 93% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.5% · poverty 2.3% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major regional trail system that runs through the city, offering extensive walking, biking, and equestrian paths that define the local outdoor lifestyle.
A world-renowned private golf club that has hosted multiple U.S. Open championships, serving as a primary social and recreational anchor for the community.
Cherry Hills Village is ideal for affluent family buyers and established professionals seeking privacy, large lot sizes, and an exclusive residential environment. It is less suited for renters or those seeking high-density urban amenities, as the city is defined by its low-density, estate-style living and proximity to Denver's employment hubs.
The city is served by highly-rated public school districts, including Cherry Creek School District, which is widely recognized for academic excellence and robust extracurricular programs. Residents benefit from access to top-tier public and private educational institutions that contribute to the area's high desirability for families.
The city is served by major arterial roads connecting to the Denver Tech Center and downtown Denver, facilitating a commute that is primarily car-dependent. Public transit options are limited, reflecting the low-density, residential nature of the community.
The city features an extensive network of trails and open spaces, including the High Line Canal, which provides significant recreational opportunities for residents. The area is also home to prestigious private golf clubs and country clubs that serve as central social and recreational hubs for the community.
The rental market is extremely limited due to the prevalence of owner-occupied, high-value single-family estates. Vacancy pressure is low, and rental inventory is primarily composed of high-end luxury homes, with little to no short-term rental presence permitted by local zoning.
The local economy is primarily residential, with residents largely employed in high-level professional services, finance, and executive roles in the broader Denver metro area. There is minimal commercial industry within the city limits, preserving its quiet, estate-focused character.
Economic momentum is driven by the city's status as a premier residential enclave with limited commercial development, focusing instead on maintaining its estate-style character. Infrastructure improvements are largely focused on maintaining high-quality municipal services and road networks that support the low-density, high-value nature of the community.
Development is strictly controlled by zoning ordinances that prioritize large-lot, single-family residential use, with very little new commercial or high-density residential construction approved.
Parcels are subject to standard municipal and county property tax levies, with no significant MUD or PID districts reported as primary drivers of the tax burden.
Cherry Hills Village maintains a very low crime rate, consistently ranking among the safest communities in the Denver metropolitan area. Local law enforcement emphasizes community-oriented policing, and the area experiences minimal property or violent crime compared to regional averages.
The city faces standard regional risks, primarily related to wildfire smoke and occasional severe weather events like hail or high winds. Insurance markets remain stable, though homeowners in the area typically carry comprehensive policies to protect high-value estate assets.
Property insurance remains stable, though the high value of residential assets necessitates specialized high-net-worth coverage policies.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Colorado) — Statutory Agricultural Land Reclassification and Improvement Valuation: Under C.R.S. § 39-1-102(1.6)(a)(I), up to two acres of land directly underlying a residential improvement on agricultural parcels are segregated and assessed at residential rates (6.80% / 7. State (Colorado) — Senior and Disabled Veteran Property Tax Homestead Exemption: Exempts 50% of the first $200,000 of actual market value of the qualifying primary residential parcel from property taxation (a maximum actual value deduction of $100,000). State (Colorado) — Colorado Split Residential Property Tax Assessment Rate Structure: Imposes annual ad valorem property taxes determined using a bifurcated assessment rate system. Assessed Value = Actual (Market) Value × Assessment Rate. Beginning for tax years 2025/2026, residential property is assessed at 6.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau QuickFacts and ACS 5-year estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.