The median sales price of a Arapahoe County home in the first quarter of 2023 was $472,250, based on data from the 1,308 properties sold during that time. In 2018 the median tax bill for the county was $1,993, which is 0.4% of the median value of the homes that were taxed.
This is 0.4 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Arapahoe County real estate data showed homeowners in Inverness and Columbine paid the highest rates.
The following table compares Inverness with some other cities belonging to Arapahoe County by their median effective property tax rate, calculated using sales and property tax data from the first quarter of 2023.
| City | Q1 2023 Sales | Q1 2023 Median Price | Median tax 2023 | Effective tax rate |
|---|---|---|---|---|
| Inverness | 3 | $418,786 | $3,912 | 0.9% |
| Columbine | 5 | $465,000 | $3,811 | 0.8% |
| Dove Valley | 7 | $475,000 | $2,777 | 0.6% |
| Bow Mar | 1 | $2,050,000 | $12,045 | 0.6% |
| Columbine Valley | 6 | $1,315,000 | $7,295 | 0.6% |
| Sheridan | 9 | $426,000 | $2,235 | 0.5% |
| Aurora | 761 | $425,000 | $2,064 | 0.5% |
| Holly Hills | 10 | $614,950 | $2,976 | 0.5% |
| Centennial | 229 | $600,000 | $3,224 | 0.5% |
| Foxfield | 5 | $952,000 | $4,787 | 0.5% |
| Greenwood Village | 33 | $1,325,000 | $6,124 | 0.5% |
| Cherry Creek | 18 | $827,500 | $4,461 | 0.5% |
| Littleton | 94 | $551,250 | $2,540 | 0.5% |
| Englewood | 80 | $540,000 | $2,038 | 0.4% |
| Glendale | 4 | $393,000 | $1,547 | 0.4% |
| Strasburg | 2 | $641,050 | $2,296 | 0.4% |
| Spring Creek Meadows | 1 | $685,000 | $3,058 | 0.4% |
| Cherry Hills Village | 25 | $3,325,000 | $13,446 | 0.4% |
| Sullivan | 7 | $335,000 | $1,153 | 0.3% |
| Byers | 5 | $399,000 | $1,103 | 0.3% |
| Deer Trail | 1 | $370,000 | $995 | 0.3% |
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