Centennial, Orland Park, IL
Centennial — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Centennial, Orland Park, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Centennial Neighborhood Overview
Centennial is a well-established residential neighborhood in the southwest Chicago suburb of Orland Park, Illinois. Characterized by its quiet, tree-lined streets and spacious lots, it offers a classic suburban atmosphere. The community is known for its strong sense of neighborhood and family-friendly environment.
Lifestyle & Amenities
Residents enjoy convenient access to Orland Park's extensive shopping and dining options, including the Orland Square Mall. The neighborhood is also close to several parks and recreational facilities, providing ample opportunities for outdoor activities. Its location ensures a balanced lifestyle with both tranquility and urban conveniences nearby.
Real Estate Market
The real estate market in Centennial features primarily single-family homes. According to recent data, the median home value is $321,700, with a current average price per square foot around $287. This indicates a stable and desirable housing market within the broader Orland Park area.
Schools & Education
Families in Centennial are served by the highly regarded Orland School District 135 and Consolidated High School District 230. These districts are known for their strong academic programs and extracurricular offerings. The area's commitment to education is a significant draw for homebuyers with children.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major roads like La Grange Road (Route 45) and 159th Street. While primarily a car-dependent community, it offers reasonable access to commuter rail lines for travel into downtown Chicago. Its location near I-80 also facilitates regional travel.
Why Choose Centennial
Centennial is an ideal choice for those seeking a peaceful, established suburban community with top-tier schools and convenient amenities. The neighborhood's stable real estate market and above-average median household income of $94,689 reflect its enduring appeal. It represents a classic, high-quality suburban lifestyle in the south suburbs.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Centennial Market Data
| Metric | Value |
|---|---|
| Median Home Price | $322K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $95K |
| Homeownership Rate | 83.2% |
| Renter-Occupied | 16.9% |
| Rental Vacancy Rate | 5.1% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 60462 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Centennial, Orland Park
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Centennial, Orland Park, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15