Centennial, Colorado 80122 is the 3rd hottest zip code in America

According to Yahoo Real Estate Centennial, Colorado 80122 is the 3rd hottest zip code in America. See the whole list and article on Yahoo here.

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Homes for sale in Centennial 80122 below.

Pop. 30,457 in the ZIP Code

Located in the southern Denver area, Centennial was named a best place to live last year by both Money magazine and 24/7 Wall St. (whose story was republished in USA Today, among other publications). Homes are snapped up faster here than anywhere else

How were the hottest zip codes in America determined?

Realtor.com just released the results of its Combined Hotness Index for the first half of 2015, drawing from its huge listings database to rank tens of thousands of ZIPs on two measures:

Demand. Average number of times each listing is viewed.

Supply. How fast homes sell (median age of inventory).

The 10 hottest ZIPs — listed below — outpace the nation by about a factor of five in terms of short supply and strong demand, Realtor.com told Yahoo Homes. Overall, homes in the top 10 ZIPs sell four to nine times faster than the national average, and the ZIPs’ listings are viewed three to eight times more often. In one Colorado community, homes last a mere two weeks on the market, selling faster than anywhere else in the nation.

What’s so great about these ZIPs? Realtor.com Chief Economist Jonathan Smoke tells Yahoo Homes that each has its own strengths, but all have in common the fact that they’re “trending in the right direction” economically, particularly in terms of unemployment. Eight of the 10 are in metro areas with “healthy” economies; the other two ZIPs are in metro areas that appear to be on the upswing, St. Louis and Detroit. (For statistical purposes, Realtor.com excluded ZIPs with fewer than 14 listings, which made the list “a bit more urban,” Smoke said. Scroll to the bottom of this article for a more complete description of methodology.)

“These ZIP Codes are in some of the best-performing local economies, for the most part,” he said.

Not only that, but they seem to be particularly good for Millennials. The median income for the 25-to-34 age group in these ZIP Codes is 50 percent higher than the national average, and 26 percent higher than the larger metro areas.

That matters because first-time homebuyers — of whom 70 percent are Millennials — are considered key to the housing recovery. They’re buying 17 percent more than last year, Smoke said, more than offsetting the decline in activity among investors and foreign buyers.

Other features of the top 10 ZIPs:

“I am happy to see that affordability is a factor here,” Smoke said. All but two of the ZIPs are affordable in national terms, and the two that aren’t — Carlsbad, outside San Diego, and Melrose — are “on the affordable areas of the spectrum” within the larger community. In three of the ZIPs — Worthington, Ohio, outside Columbus; the Detroit suburb of Novi; and the St. Louis suburb Crestwood — the median household income is enough to afford about two-thirds of homes on the market.

The ZIPs have an average of 22 percent lower unemployment than their wider metro areas — and that’s in a group of metros where unemployment rates have dropped five times faster than other metros’ rates have in the last year. Eight of the ZIPs have less than 5 percent unemployment rates (Crestwood and Novi being the exceptions).

Median household income in the top 10 ZIPs is $71,000 — 20 percent higher than the larger metro areas’ average and 32 percent higher than the national average, $54,000. Older Millennials, those in the 25-to-34 age group, tend to do particularly well.

A third of these ZIPs’ households earn at least $100,000 a year. Nationally, less than a quarter of households earn that much.

You might notice an absence of the usual suspects — most glaringly, Silicon Valley — on this list. Smoke says Silicon Valley ZIPs rank “pretty highly” when the list is broadened beyond the top 10, but because the “entire market is hot,” there are no “standout neighborhoods.

Below are the hottest ZIP Codes in the nation so far in 2015. We asked Realtor.com to provide an example of a home near the median price in each ZIP, just to give a sense of the market; you can click on each photo for listing details.

in the country, spending just two weeks on the market. Millennial households’ median income is a whopping $88,000 a year, about two-thirds more than their counterparts nationally and about half again as much as their Denver-area cohorts.

See the whole list and article on Yahoo here.

Homes for sale in Centennial zip code 80122:

 


New To Site
$380,000
MLS# 7437492
Active
910 E Briarwood Cir
Centennial, CO 80122
3 BR | 2 BA | 1,256 Sqft | Detached Single Family
Welcome home! This adorable brick ranch is ready for it's next owner. Home is priced below market value so new owner can add their personal touch! Home offers beautifully renovated bathroom and new carpet throughout. Fresh paint in many roo (more...)
Keller Williams Real Estate LLC
New To Site
$405,000
MLS# 7301729
Active
6705 S Downing Cir
Centennial, CO 80122
3 BR | 3 BA | 1,868 Sqft | Detached Single Family
You truly can't deny the charm this home boasts as you walk through the door. The updates to the kitchen, flooring, bathrooms, accent walls, and decor have all been tastefully done and give this home a warm, comfortable feel that will make (more...)
Keller Williams Real Estate LLC
New To Site
$494,900
MLS# 7669990
Active
7406 S Elm Ct
Centennial, CO 80122
4 BR | 4 BA | 2,592 Sqft | Detached Single Family
Welcome Home! This updated home has so much to offer including great location, excellent schools and move in ready condition, you won't have to do a thing! The bright open floor plan is welcoming and inviting. The upgraded chef's kitchen pr (more...)
Fathom Realty Colorado LLC
New To Site
$573,000
MLS# 6851237
Active
3989 E Easter Dr
Centennial, CO 80122
6 BR | 4 BA | 3,677 Sqft | Detached Single Family
Welcome to The Knolls. OPEN HOUSE SATURDAY and SUNDAY!! This beautiful home has a rare oversized 3 car garage, 17 ft vaulted ceilings, formal living and dining rooms, comfortable family room and a large kitchen with breakfast bar looking (more...)
The Denver 100 LLC
New To Site
$235,000
MLS# 3153671
Active
7220 S Gaylord St, Unit C17
Centennial, CO 80122
2 BR | 2 BA | 1,031 Sqft | Attached Single Family
Retreat from life’s hustle / bustle with this sun-filled 2-BD / 1.25 BA home * There are no stairs to climb as you enter directly into your unit from the street-level * You’ll feel welcomed by the warmth from the beautiful wood (more...)
Keller Williams Real Estate LLC
New To Site
$309,900
MLS# 6950425
Active
7732 S Steele St
Centennial, CO 80122
2 BR | 2 BA | 1,196 Sqft | Attached Single Family
Wow Enjoy This Spacious Tri-Level with Just Under 1,200 Square Feet Above Ground Living Area Backing to Open Space. You will Love the Secluded Decks with Plenty or Privacy and Shade Trees Over the Slow Running Creek. This Floor Plan Offers (more...)
RE/MAX Professionals
New To Site
$289,000
MLS# 6520594
Active
8138 S Fillmore Way
Centennial, CO 80122
3 BR | 3 BA | 1,568 Sqft | Attached Single Family
Come home to this stunning, highly sought-after 3 bedroom, 3 bathroom townhome in Highland View II! This very well appointed contemporary style home has many great features. Corner unit overlooks front yard and it is in convenient location (more...)
COLDWELL BANKER RESIDENTIAL 56
New To Site
$445,000
MLS# 4820668
Active
1928 E Phillips Dr
Centennial, CO 80122
3 BR | 3 BA | 2,439 Sqft | Attached Single Family
Fantastic Centennial Townhome style Condo in perfect location. This one has everything - an open main floor, main floor master, gleaming hard wood floors, walk-out basement, loft office area, two patios and a 2 car garage. The large kitch (more...)
Keller Williams Preferred Realty
New To Site
$415,000
MLS# 7262948
Active
580 E Dry Creek Pl
Littleton, CO 80122
3 BR | 3 BA | 1,588 Sqft | Attached Single Family
This beautiful 3 bed, 3 bath townhome is located in the quiet community of Littleton Village with parks in every direction. Upgraded granite countertops, gas stove, stainless steel appliances, updated cabinets, electric fireplace, sliding b (more...)
Keller Williams DTC
New To Site
$244,900
MLS# 4706790
Active
7110 S Gaylord St, Unit R04
Centennial, CO 80122
2 BR | 1 BA | 957 Sqft | Attached Single Family
Beautiful, newly renovated, 2 bedroom main floor condo with fenced in back deck, walking distance to Southglenn - restaurants, movies, entertainment, and quick access to public transit, as well as outstanding schools. New carpet, Pergo wate (more...)
HomeSmart Realty Group
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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO © Real estate listings held by brokers other than Brokers Guild are marked with the IDX Logo. This information is being provided for the consumer's personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. See Disclaimer Listing Data last updated: November 20, 2018 11:00 MST Service by Buying Buddy IDX CRM



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