Is Greenwood Village Right for You?
Greenwood Village was founded in the late 1800s, during the gold rush. Its rolling plains were once home to dairy farms and fruit orchards. The rural farmland was gradually transformed into subdivisions and shopping malls, which eventually led to the incorporation of the city in 1950. Greenwood Village, which covers eight square miles in Arapahoe County, is a vibrant suburban community.
The city is located just 15 miles from downtown Denver on the I-25 corridor. It’s home to many noteworthy developments, including the Denver Technological Center which is a major business hub, and the Fiddler’s Green Amphitheater which is an outdoor performing arts center. The village is home to a variety of high-end restaurants, bars, shops, spas, and parks as well as a number of residential areas.
Greenwood Village is an ideal place to purchase a home. There are many housing options in the area, including luxury apartment buildings, condominiums, high-rises, townhomes, and family-friendly subdivisions. Check out Greenwood Village Homes for Sale now!
Greenwood Village, Colorado Suburb Stats
Greenwood Village realtors strive to ensure that their clients are happy with their home choices. A recent citizen survey revealed that 99 percent of Greenwood Village residents rated the area as having a good or excellent quality of life. This includes access to parks and trails, safety, beauty, and landscaping efforts.
The city’s growth has been 13 percent over the past few years due to continued development. According to livability.com, Greenwood Village’s median household income is $117,500 and its median home value is $805,000. Two-thirds (or more) of the homes in Greenwood Village are owned, but there is a vibrant rental market. A one-bedroom apartment rents for about $1,400 per month.
Population
Greenwood Village is a great place to live if you are looking to purchase a home or sell your home. There are approximately 15,000 residents currently living in Greenwood Village. However, the city’s “daytime population” grows to nearly 70,000 when people commute to work.
Denver’s metropolitan area is home to a variety of large commercial and corporate developments, such as the Denver Tech Center (DTC), and the Landmark Town Center entertainment and dining complex.
Greenwood Village residents are approximately 44 years old. This is a sign that the population is in the midst of building their families and careers. The residents are well educated, with approximately 75 percent having a bachelor’s degree, and more than 30% having a postgraduate degree.
Average House Prices
In recent years, the average home price has increased by 13 percent to $940,000. Around 44 percent of homes in Greenwood Village are listed between $500,000 to $900,000. Many of these are condos or townhomes.
About 33 percent of homes are valued above one million dollars, with some of them listed at over five million.
Average Block and House Size
Greenwood Village homes have an average of 2.5 people, which indicates that most homeowners are young couples or families. This demographic means that most single-family homes in Greenwood Village can be found in neighborhoods and subdivisions. However, some homes are on larger lots for privacy and additional space.
Most single-family homes in the area have more than 5,000 square feet of living space. Many also offer more than 10,000 square footage with multiple bedrooms, bathrooms, and living areas.
Average Housing Density
Greenwood Village is home to approximately 6,000 households, ranging from condos to private estates. Many young professionals choose to live near their workplaces, so the majority of multi-family homes are located in or around the DTC and I-25 corridor.
Estates and single-family homes are often scattered around the city’s outer borders. Some neighborhoods are known for having exclusive addresses. However, many of these properties retain a sense of privacy because they aren’t grouped together but are rather tucked away.
Greenwood Village – Commuting
Greenwood Village realtors consider the location of homes for clients who are interested in Greenwood Village. One of the main thoroughfares in the area runs through the middle of the town. The I-25 corridor is a popular commuter route.
Many cars carry people into Greenwood Village each morning. However, others travel south to Colorado Springs or north to Denver in about 30 minutes. Lone Tree, which is about 10 miles from Greenwood Village, is another nearby commercial area. It takes approximately 20 minutes to drive there.
The Denver International Airport, which is located approximately 30 miles from Greenwood Village, can be reached via I-225 in 40 minutes.
Greenwood Village commuters may prefer to use the RTD light rail system. This is an above-ground network of rails that runs throughout the metro, with many routes. Many also have free park-and-ride lots and some shuttle buses. Greenwood Village’s closest RTD station is Orchard Station.
Raising a family in Greenwood Village
Greenwood Village offers many family-friendly services and amenities, including parks, daycare centers, and citywide safety programs. It is also home to quiet residential neighborhoods, making it a great place to raise kids.
Two public schools serve Greenwood Village: the Cherry Creek Public Schools and Littleton Public Schools. The city’s borders include 10 public schools and two private schools. This allows for easy access to all school programs. The Cherry Creek School District headquarters is also located here.
Greenwood Village Childcare and Early Learning
Education programs include approximately 10% of the children enrolled in preschool and kindergarten. There are preschool programs at both the Aspen Academy, and the Beacon Country Day School.
It also has many independent daycare centers and preschools, including the Primrose School, Denver Tech Center, La Petite Academy Greenwood Village, and the Willows Child Learning Center.
Schools in Greenwood Village
Greenwood Village is home to 42 percent of the 10,612 elementary-aged children and 32 percent at high school. There are five public elementary schools and three public middle schools.
There are also two public high schools. The area also has two private schools that offer programming for students in preschool through eighth grade.
Greenwood Village Medical Center
Two major medical centers are close to the area. Six miles to the east of the city is Littleton Adventist Hospital. It’s a short drive of 15 minutes. This hospital features a nationally recognized breast center, a level-3 newborn intensive care unit, as well as emergency services.
Sky Ridge Medical Center is located in Lone Tree, 11 miles from the city. It takes approximately 20 minutes to drive there. This center features state-of-the-art facilities for women’s healthcare, newborn and maternal care, as well as cancer treatment. There are many private and public practices, as well as internal medicine, physical therapy, and family medical offices.
What Lifestyle Suits Greenwood Village
Greenwood Village residents are active, healthy, and involved in their community. People who live here enjoy the outdoors and have repeatedly cited “parks and recreation” as their favorite thing about living there. The city is close to several state parks and has easy access to trails and parks.
It is also well-known for its high-end bars, boutiques, and restaurants. Many of these are located in or around the DTC area, where people mix and mingle after work to enjoy happy hour, sports games, and dates as well as corporate dinners.
Greenwood Village Restaurants and Dining
Greenwood Village is home to several dining options. Residents and commuters can find everything they need, from fast food chains and restaurants to fine dining establishments to coffee shops and cafes.
These are all located close to the intersection of Belleview Avenue and I-25, in the heart of DTC. Happy hour is a popular time at the Tavern Tech Center or Bar Louie. For a quiet business lunch, Del Frisco’s steakhouse, Chianti, and Ya Ya’s European Bistro are all top picks.
Another popular nightlife spot is the Landmark center, which has a movie theatre, comedy club, and restaurants.
Greenwood Village Shopping Precincts
Although it is not a well-known shopping destination, but it has many great shops. There are antique shops and fashion boutiques scattered throughout the neighborhood. A Line Boutique is located near Orchard Road and I-25, and HW Home is a furniture store.
On summer weekends, there is also a farmer’s market. The Belleview Promenade is an outdoor shopping mall that can be found at I-25 and Belleview Avenue, near the DTC. It features upscale restaurants, day spas, coffee shops, and boutiques for women as well as jewelry and clothing stores.
The Arapahoe Marketplace is located further south, close to Arapahoe Road. It houses conveniences such as banks, grocery stores, nail salons, and coffee shops, as well as casual restaurants.
Greenwood Village Recreation Centers
Residents are committed to health and well-being as a way of life. According to Livability.com, 84 percent of residents lead an active lifestyle while 74 percent maintain a healthy weight (BMI). There are many places in the city where you can exercise or work towards your wellness goals, from trails and outdoor spaces to personal training and fitness centers.
The city’s most prestigious health club, Greenwood Athletic Club and Tennis Center, is 150,000 square feet. It offers a full range of classes, weight rooms, an outdoor swimming pool, and indoor and outdoor tennis courts.
The Colorado Athletic Club DTC, a full-service fitness facility, offers modern equipment, locker rooms, a day spa, and sports programs for teens and children. There are many specialty gyms nearby, including PureBarre, CrossFit, Orangetheory, as well as yoga.
For those who are more adventurous, there are 280 acres of parks in the city and 47 miles worth of trails that can be used for running, walking, cycling, and exercise. Residents can also enjoy a skate park and an equestrian park.
It is home to 20 parks and picnic areas in the neighborhood and is only five miles away from Cherry Creek State Park. This park features a reservoir that can accommodate boats and an off-leash dog area.
The Arts in Greenwood Village
Curtis Arts and Humanities Center has been renovated and offers art classes, gallery exhibitions, lectures, and other educational activities. It hosts seven events and exhibitions throughout the year, including the All Colorado Art Show and special events that are open to children and seniors.
Greenwood Village also hosts the Fiddler’s Green Amphitheatre, which attracts international acts to its outdoor stage. The facility is centrally located in DTC and can hold 17,000 people. It hosts shows from May to September.
Two locations of the Arapahoe County Library are located in the area: the Castlewood Library, and the Koelbel Library. Each library is open daily. They offer study rooms, free Wi-Fi and computers, art galleries, and a coffee shop, as well as programs and classes for all ages.
Events in Greenwood Village
The Village hosts many events throughout the year to bring people together, such as Youth Art Month or a farmer’s markets series. Greenwood Village Day is the city’s most popular event. Residents are invited to enjoy live music, snow cones, arts and crafts, as well as sampling food from local vendor trucks.
The area was initially created to be a Denver business hub. However, it has evolved into a beautiful, family-friendly community that has attracted attention from those outside the corporate world. People travel from all over the world to enjoy the city’s luxurious, vibrant lifestyle. Many are planning to stay.
As the Denver Tech Center continues to grow, so does the surrounding Greenwood Village community. This is a great area to buy a home.