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Centennial, Littleton, Highlands Ranch, Lone Tree or Parker: South Metro Compared

Brian Lee BurkeBrian Lee Burke
May 12, 2026 • 4 min read
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Centennial, Littleton, Highlands Ranch, Lone Tree or Parker: South Metro Compared

I'm Brian Lee Burke, and I've been a REALTOR since 2003. Centennial, Littleton, Highlands Ranch, Lone Tree and Parker sit side by side south of Denver. Here they are on prices, inventory, taxes, rail and home age, using MLS data I pulled on October 29, 2026 and official city, county and district sources.

The short version

In one paragraph

For the 12 months ending October 28, 2026, median sold prices ran from $650,000 in Centennial and Littleton to $825,000 in Lone Tree. Littleton had the most homes for sale (849) and Lone Tree the fewest (71). Littleton, Centennial and Lone Tree have light rail stations inside their limits; Highlands Ranch and Parker don't.

Side by Side

PlaceMedian soldFor sale$/sq ft
Centennial$650K282$282
Littleton$650K849$304
Highlands Ranch$705K225$292
Lone Tree$825K71$294
Parker$681K593$270

MLS data by mailing city, pulled October 29, 2026. Median sold and price per square foot cover October 29, 2025 to October 28, 2026; for sale is as of October 29, 2026.

Each Place in Brief

Centennial

  • A city since 2001, Arapahoe County; 108,658 residents (2025 estimate)
  • 1,310 sales in 12 months; 75 homes for sale with no HOA fee
  • City levy 5.076 mills; Dry Creek light rail station inside the city
  • Median year built 1983; Cherry Creek or Littleton Public Schools by address

Littleton

  • City of 46,246 (2025 estimate), mostly Arapahoe County. A Littleton mailing address often isn't in the city
  • 2,926 sales with a Littleton address; 320 condos and townhomes for sale
  • City levy 2.0 mills (2026); Littleton–Downtown and Littleton–Mineral stations
  • Historic Main Street; Denver Water serves all city residents

Highlands Ranch

  • Unincorporated Douglas County; 103,444 residents (2020 Census)
  • 1,156 sales; only 225 for sale, about two months of supply
  • Every home pays the HRCA, $696 a year in 2026; most common tax total 98.821 mills
  • Median year built 1997; no light rail station inside

Lone Tree

  • A city since 1995, Douglas County; 15,278 residents (2025 estimate)
  • 255 sales; 71 for sale, 12 of them new construction
  • The city levies no property tax of its own; totals run 69.821 to 175.457 mills by tax district
  • Five light rail stations in the city; median year built 2004

Parker

  • A town in Douglas County; 65,985 residents (2025 estimate)
  • 1,779 sales; 593 for sale, 66 of them new construction
  • Base 85.123 mills in town with no metro district; metro areas reach 210.035
  • RTD bus and FlexRide, no rail station

Prices and Inventory

Centennial and Littleton tied at a $650,000 median. Lone Tree was highest at $825,000, with few homes changing hands: 255 sales in 12 months. Littleton had the most choice, 849 homes for sale, including 320 condos and townhomes.

Approximate months of supply on October 29, 2026: Littleton 3.5, Lone Tree 3.3, Parker 4.0, Centennial 2.6 and Highlands Ranch 2.3. The lower the number, the faster you'll need to move.

Property Taxes

Each place's own levy is small, and the total comes from the school, fire, park, water and metro districts on the address. On a $700,000 Assessor value at 2025 levies:

  • Parker, in town with no metro district (85.123 mills): about $3,980
  • Centennial, a Cherry Creek schools area (95.562 mills): about $4,480
  • Highlands Ranch, most common area (98.821 mills): about $4,580, plus the $696 HRCA assessment
  • Littleton, one city tax area (106.202 mills): about $5,010
  • Lone Tree, a Heritage Hills area (124.433 mills): about $5,700

Metro districts swing these a lot, especially in Parker and Lone Tree. Check the exact parcel.

Rail and Roads

Lone Tree has five light rail stations inside the city (County Line, Lincoln, Sky Ridge, Lone Tree City Center and RidgeGate Parkway). Littleton has Littleton–Downtown and Littleton–Mineral. Centennial has Dry Creek. Highlands Ranch has none inside its boundary, and Parker has RTD bus service only.

Drive your real commute from the address at rush hour; it changes a lot within each place.

Home Age and New Construction

Census figures put the median year built at 1982 in Littleton, 1983 in Centennial, 1997 in Highlands Ranch and 2004 in Lone Tree. On October 29, 2026, Parker had 66 new-construction homes for sale, Lone Tree 12, Centennial 13, Littleton 58 and Highlands Ranch none. Lone Tree's RidgeGate is a 3,500-acre planned development, with most of the remaining building east of I-25.

Schools and Water

School districts depend on the address: Cherry Creek or Littleton Public Schools in Centennial; Littleton Public Schools in the City of Littleton; Douglas County RE-1 in Highlands Ranch, Lone Tree and Parker. Use each district's locator. Water comes from different providers in every one of these places, so ask the seller for a year of bills.

Newest Listings

Homes listed in the last seven days in each place. The lists update themselves.

Centennial: newest listings

19 Properties Found
Sort By:

Centennial: newest listings Market Stats

19
Homes Listed
2
Avg. Days on Site
$285
Avg. $ / Sq.Ft.
$724,405
Med. List Price

See every home for sale in Centennial

Updated all day from the MLS.

Littleton: newest listings

40 Properties Found
Sort By:

Littleton: newest listings Market Stats

40
Homes Listed
2
Avg. Days on Site
$321
Avg. $ / Sq.Ft.
$836,899
Med. List Price

See every home for sale in Littleton

Updated all day from the MLS.

Highlands Ranch: newest listings

14 Properties Found
Sort By:

Highlands Ranch: newest listings Market Stats

14
Homes Listed
2
Avg. Days on Site
$314
Avg. $ / Sq.Ft.
$752,593
Med. List Price

See every home for sale in Highlands Ranch

Updated all day from the MLS.

Lone Tree: newest listings

9 Properties Found
Sort By:

Lone Tree: newest listings Market Stats

9
Homes Listed
2
Avg. Days on Site
$328
Avg. $ / Sq.Ft.
$946,941
Med. List Price

See every home for sale in Lone Tree

Updated all day from the MLS.

Parker: newest listings

27 Properties Found
Sort By:

Parker: newest listings Market Stats

27
Homes Listed
3
Avg. Days on Site
$300
Avg. $ / Sq.Ft.
$870,646
Med. List Price

See every home for sale in Parker

Updated all day from the MLS.

Talk with The Kenna Group at Keller Williams DTC

Call or text, or send us a message, and we'll answer your questions about any home or neighborhood.

Questions I Hear Most

Which of these five has the lowest median price?

Centennial and Littleton tied at $650,000 for the 12 months ending October 28, 2026.

Which has the most homes for sale?

Littleton, with 849 homes for sale by mailing address on October 29, 2026.

Which have light rail?

Lone Tree (five stations), Littleton (two) and Centennial (Dry Creek). Highlands Ranch and Parker have none inside their limits.

Does Lone Tree have a city property tax?

No. The City of Lone Tree levies 0 mills; the total comes from the school, county and special districts.

Still Deciding?

These five are close on the map but different in price, inventory, taxes and transit. Compare two at a time: Centennial vs Littleton, Highlands Ranch vs Parker, Centennial vs Highlands Ranch and Centennial vs Lone Tree.

Call or text my office at 303-955-4220, or send us a message, and we'll pull the taxes, HOA, water and boundary details for any address you're considering.

WRITTEN BY
Brian Lee Burke
Brian Lee Burke
Team Leader and Licensed Broker, REALTOR® since 2003, Author

Brian Lee Burke is the founder and team leader of The Kenna Group, a real estate group at Keller Williams DTC. A licensed REALTOR® since 2003, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.

View Brian Lee Burke’s full profile.

WRITTEN BY
Brian Lee Burke
Brian Lee Burke
Team Leader and Licensed Broker, REALTOR® since 2003, Author

Brian Lee Burke is the founder and team leader of The Kenna Group, a real estate group at Keller Williams DTC. A licensed REALTOR® since 2003, Brian helps Colorado buyers and sellers navigate residential real estate, new construction, pricing, and negotiation. He is also the author of The Real Estate Playbook and Mastering Real Estate: Your Guide to Becoming a Top Agent.

View Brian Lee Burke’s full profile.

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