Thinking about a condo or townhome in Centennial’s 80112? You are likely weighing price, HOA dues, transit access and how fast good listings go under contract. It can be hard to sort real numbers from noise, especially since 80112 spans several municipalities and product types.

In this guide, you will learn what condos and townhomes actually cost in 80112, how quickly they sell, which pockets offer urban convenience versus quieter settings, and what to watch in HOA documents, financing and rental rules. You will also see how a focused MLS approach makes your search faster and safer. Let’s dive in.

Market snapshot: prices and pace

Condo and townhome prices in 80112 run lower than the ZIP’s overall median for all housing types. Public snapshots of the whole ZIP show medians around the low to mid 600s for all homes, while condo and townhome units average closer to the low 400s. This gap is normal because attached homes are smaller and have different amenities.

• Average condo/townhome sale price: about $438,600 based on recent aggregator samples.
• Average price per square foot: roughly $336, with common ranges from $250 to $380 per square foot depending on age, parking, and finishes.
• Days on market: many recent ZIP‑level snapshots show about 30 to 45 days on market, with sale‑to‑list ratios near 97 to 99 percent.

Typical price bands

• Entry 1‑bed condos: about $250,000 to $335,000.
• Mainstream 2‑bed condos and smaller townhomes: roughly $300,000 to $450,000.
• 3‑bed townhomes and larger units: roughly $450,000 to $650,000.
• Premium or newer high‑amenity units near Inverness and the DTC edge: $650,000 and up, with a few atypical condos or golf‑adjacent villas over $1 million.

Market note: ZIP 80112 includes parts of Centennial plus neighboring mailing areas. Always confirm the actual municipality on county or MLS records. You can see the ZIP’s geographic makeup in this 80112 overview.

Where condos cluster in 80112

You will find two broad lifestyle pockets in this ZIP.

• Urban convenience near Inverness and Dry Creek. Newer mixed‑use and mid‑rise buildings offer quick access to the Dry Creek RTD light rail station, Park Meadows retail, restaurants, and major employers. These buildings often have more amenities, which can mean higher HOA dues but also strong convenience value.
• Quieter townhome and garden‑style communities. Established complexes such as Sturbridge at Homestead, Briarwood, Canyon Creek, and Saddle Ridge tend to sit on quieter streets with greenbelts, pools, and mature landscaping. If you want low‑maintenance living with a more residential feel, this is a good lane to explore.

The core tradeoff inside 80112 is simple: pay a premium for immediate transit and retail access, or drive 5 to 10 minutes for a quieter greenbelt setting.

What you get for your money

Footprints and layouts

• 1‑bed condos: about 700 to 900 square feet.
• 2‑bed condos: about 900 to 1,300 square feet.
• Townhomes and larger attached units: about 1,300 to 2,200 square feet, sometimes with basements or lofts.

Features that move value

• Parking: attached or assigned garage spots command a premium.
• In‑unit laundry: a frequent must‑have for buyers.
• Outdoor space: ground‑floor patios or balconies add appeal.
• Amenities: pools, gyms, and clubhouses are common and can raise dues.

Price per square foot often tracks these features and the building’s age and finish level.

HOA dues and what to review

Most condo and townhome HOAs in 80112 show dues in the $250 to $600 monthly range. Full‑service or newer buildings with extensive amenities can be higher, with samples near $970 for large‑amenity products. What dues typically cover varies by community, but often includes the master insurance policy, exterior maintenance, landscaping, snow removal on shared drives, trash, pool or gym upkeep, basic security, and management fees.

Key diligence steps during your contract period:

• Request the full resale or estoppel package from the association.
• Review the budget, reserve policy or reserve study, meeting minutes, delinquency reports, insurance summary, and any pending special assessments.
• Confirm parking and storage allocations and any rental restrictions.

Colorado’s Common Interest Ownership Act (CCIOA) sets many of the rules for access to HOA records and owner rights. The state’s primary reference is the Colorado Division of Real Estate HOA FAQ. Associations must adopt a written reserve policy, but Colorado law does not require a minimum funding level or a third‑party reserve study in every case. That means reserves can vary widely, and low reserves can increase the risk of special assessments. For a plain‑English overview of reserve policies and common practices, review this Guide to Colorado reserve study laws.

Financing and approvals

If you plan to use FHA or VA financing for a condo, make sure the project is eligible. Several 80112 communities show FHA approval on public indices. You can search building status using the FHA condominium approval index. Always confirm the exact unit and building with your lender since project and ratio rules can affect approval.

Short‑term rentals and local rules

Short‑term rentals are regulated inside Centennial city limits. You must have a city STR license, complete neighbor notifications, and pay fees. The City of Centennial’s program overview explains the rules and process. You can read the STR program details and see the license application and fee information. Note that many HOAs in 80112 either prohibit or tightly restrict short‑term rentals, so you need to confirm both municipal and HOA rules before assuming rental income.

How to shop smart in 80112

Here is the method I use to get you clean, actionable answers and protect your bottom line.

1. Define the MLS search. Set property type to Condo or Townhome, ZIP to 80112, and pull 6‑month and 12‑month windows for trends and liquidity.
2. Segment for better comparables. Group by bedrooms and product subtype, then separate by age bands: pre‑2000, 2000 to 2010, and post‑2010.
3. Calculate the right metrics. Median sold price, price per square foot, days on market, sale‑to‑list ratio, closed sales, active inventory, and months of supply. Flag differences by micro‑area, like Inverness versus Sturbridge.
4. Add HOA variables. Track monthly dues, parking type, rental rules, and any reserve study noted in the file, plus FHA or VA eligibility when available.
5. Map lifestyle drivers. Proximity to Dry Creek RTD, Park Meadows, DTC, Centennial Airport corridors, I‑25 and C‑470 helps explain premiums.
6. Run a red‑flag check. Look for pending litigation, recent special assessments, high owner delinquency, frequent manager turnover, or insurance gaps.
7. Deliver buyer‑ready outputs. You get price band examples, an estimated monthly cost range for your target, and an HOA diligence checklist tailored to your short list.

Quick takeaways by buyer type

Downsizers

• Expect a tradeoff: lower maintenance and strong convenience for a bit less square footage. Established townhome communities with attached garages often sit in the mid to upper 400s depending on size and finish.
• Prioritize HOA health. Reserves, recent projects, and insurance coverage affect predictability of dues.

First‑time buyers

• You will find many viable 1 to 2 bedroom options between roughly $250,000 and $420,000. The sweet spot for value is usually two bedrooms with efficient footprints.
• If you want loan flexibility, confirm FHA or VA project eligibility up front. Also check rental rules in case you plan to lease later.

Investors

• Focus on buildings with clear leasing policies, stable reserves, and a light history of special assessments.
• For short‑term rental ideas, verify both the City of Centennial licensing path and your HOA’s rules before modeling returns.

What this means for you

You have real choice inside 80112. If you want walkable convenience near light rail and retail, you will find newer, amenity‑rich buildings with higher dues but quick access. If you prefer a quieter pocket with greenbelts and classic townhome layouts, you can trade a short drive for more space and value. Either way, a precise MLS pull and disciplined HOA review will keep your purchase confident and on budget.

Ready to explore the best options for your goals and price band? Let’s put data behind your search and tour the right communities. Reach out to Kerri Dowling to get started.

FAQs

What are typical condo and townhome prices in 80112?

• Recent samples show an average sale price near $438,600 for condos and townhomes, with common bands from about $250,000 for 1‑bed condos to $450,000 for many 2‑bed units and $450,000 to $650,000 for larger townhomes.

How much are HOA dues for 80112 condos and townhomes?

• Many communities range from $250 to $600 per month, while full‑amenity buildings can be higher, with samples near $970. Dues often cover master insurance, exterior maintenance, landscaping, snow removal, trash, and amenities.

How fast do condos and townhomes sell in 80112?

• ZIP‑level snapshots show about 30 to 45 days on market recently, with sale‑to‑list ratios around 97 to 99 percent. Specific buildings and price bands may move faster or slower.

Are short‑term rentals allowed for 80112 condos and townhomes?

• Inside Centennial city limits, STRs require a city license, neighbor notices, and fees. Many HOAs also restrict or prohibit STRs. See the city’s program details and license application.

Can I use FHA or VA financing for a condo in 80112?

• Some area communities hold FHA approval, but it varies by project. Check the FHA condominium approval index and confirm eligibility for your specific unit with your lender.

What sizes and features are common in 80112 condos and townhomes?

• Expect about 700 to 900 square feet for many 1‑bed condos, 900 to 1,300 for 2‑beds, and 1,300 to 2,200 for townhomes, with frequent features like in‑unit laundry, garages or assigned parking, patios or balconies, and community amenities. Also review HOA coverage and reserves using the Colorado HOA FAQ for context.