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Real Estate Prices & Overview

Dove Valley median real estate price is $448,984, which is more expensive than 31.2% of the neighborhoods in Colorado and 62.9% of the neighborhoods in the U.S.

The average rental price in Dove Valley is currently $2,783, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 68.0% of the neighborhoods in Colorado.

Dove Valley is a suburban neighborhood (based on population density) located in Centennial, Colorado.

Dove Valley real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Dove Valley neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

In Dove Valley, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 85.2% of all neighborhoods in the U.S. This means that the housing supply in Dove Valley is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Centennial, the Dove Valley neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Astoundingly, the Dove Valley neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 97.6% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Centennial neighborhood.

Real Estate

If you like the look and ambience of new homes and newly built neighborhoods, you will love the Dove Valley neighborhood. A whopping 71.2% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.0% of the neighborhoods in the U.S. Everything here just feels new.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Dove Valley neighborhood could be your paradise. With 26.1% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.2% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Diversity

Did you know that the Dove Valley neighborhood has more Hungarian and English ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Hungarian ancestry and 21.7% 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 Dove Valley neighborhood in Centennial are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.0% of the neighborhoods in America. With 31.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 82.7% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Dove Valley neighborhood, 38.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (19.6%), and 15.4% in manufacturing and laborer occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Dove Valley neighborhood is English, spoken by 81.3% of households. Other important languages spoken here include Spanish and Chinese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Dove Valley neighborhood in Centennial, CO, residents most commonly identify their ethnicity or ancestry as English (21.7%). There are also a number of people of Mexican ancestry (15.0%), and residents who report Irish roots (11.9%), and some of the residents are also of German ancestry (11.5%), along with some Asian ancestry residents (7.0%), among others. In addition, 14.1% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Dove Valley neighborhood spend between 15 and 30 minutes commuting one-way to work (39.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (73.3%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (11.1%) . 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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