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Real Estate Prices & Overview

Heritage Greens / Fairways at South Suburban median real estate price is $1,123,796, which is more expensive than 92.5% of the neighborhoods in Colorado and 92.9% of the neighborhoods in the U.S.

The average rental price in Heritage Greens / Fairways at South Suburban is currently $3,312, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 89.4% of the neighborhoods in Colorado.

Heritage Greens / Fairways at South Suburban is a suburban neighborhood (based on population density) located in Centennial, Colorado.

Heritage Greens / Fairways at South Suburban real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Heritage Greens / Fairways at South Suburban neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

In Heritage Greens / Fairways at South Suburban, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Heritage Greens / Fairways at South Suburban is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Owner-occupied real estate dominates the Heritage Greens / Fairways at South Suburban neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.7% of neighborhoods in America. This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Heritage Greens / Fairways at South Suburban neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Heritage Greens / Fairways at South Suburban stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 95.8% of the residential real estate here was built in this one time period.

Furthermore, one way that the Heritage Greens / Fairways at South Suburban neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 99.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

Also of note, some neighborhoods are made up of apartments. Some consist of row houses, and most - by far - consist of a mixture of housing types. But the Heritage Greens / Fairways at South Suburban neighborhood stands out due to the total dominance of detached, single-family homes here. There are nearly no other types of residential real estate in the neighborhood. In fact, this neighborhood has a higher proportion of single-family homes in its real estate stock than 98.9% of all American neighborhoods.

People

If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.9% of America's neighborhoods are wealthier than the Heritage Greens / Fairways at South Suburban neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

In addition, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Heritage Greens / Fairways at South Suburban neighborhood may actually hold the key. 73.8% of its residents are married, which is a higher percentage than is found in 98.7% of the neighborhoods in America.

Also, a majority of the adults in the Heritage Greens / Fairways at South Suburban neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Colorado by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 98.2% of the neighborhoods in Colorado. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.

Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 81.8% of the adults living in the Heritage Greens / Fairways at South Suburban neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.1% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Modes of Transportation

A unique way of commuting is simply not to. And in the Heritage Greens / Fairways at South Suburban neighborhood, analysis shows that 34.3% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.5% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the Heritage Greens / Fairways at South Suburban neighborhood has more English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.9% of this neighborhood's residents have English ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Heritage Greens / Fairways at South Suburban neighborhood in Centennial are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.1% of the neighborhoods in America. In addition, 1.7% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 75.6% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Heritage Greens / Fairways at South Suburban neighborhood, 69.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 19.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (6.9%), and 4.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Heritage Greens / Fairways at South Suburban neighborhood is English, spoken by 89.0% of households. Some people also speak Spanish (2.8%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Heritage Greens / Fairways at South Suburban neighborhood in Centennial, CO, residents most commonly identify their ethnicity or ancestry as English (22.9%). There are also a number of people of German ancestry (21.3%), and residents who report Irish roots (13.9%), and some of the residents are also of Asian ancestry (7.7%), along with some Italian ancestry residents (5.3%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Heritage Greens / Fairways at South Suburban neighborhood spend between 15 and 30 minutes commuting one-way to work (34.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (61.1%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.

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