Colorado Springs VA Loan Rates, Closing Costs & Stats

COLORADO SPRINGS, CO

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Colorado Springs's 177 lenders originated 4,945 VA loans during 2023. The total origination value was $2,367,255,000, with an average VA loan value of $478,717.

Colorado Springs VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Colorado Springs averaged 6.47% for the week of 2024-04-12, compared to the national average (all VA variants) of 6.574% for the same period.

Colorado Springs's average VA mortgage closing costs are $7,137.

The average rate for the prior week (2024-04-05) was 6.42% and one month ago for the week of 2024-03-08, the average rate was 6.05%.

The average rate one year ago was 5.74%.

For refis of the same type during the week of 2024-04-12, the average rate was 6.54%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Colorado Springs VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Colorado Springs level.

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
UNITED WHOLESALE MORTGAGE, LLC 975 6.02% $9,723
Mortgage Research Center, LLC 376 6.41% $9,384
GUARANTEED RATE, INC. 269 6.10% $8,743
MORTGAGE SOLUTIONS OF COLORADO, LLC 228 6.00% $9,462
QUICKEN LOANS, LLC 195 6.06% $12,437
NAVY FEDERAL CREDIT UNION 142 5.75% $9,313
NFM, INC. 113 6.30% $11,771
Ent Credit Union 110 5.87% $9,393
MOVEMENT MORTGAGE, LLC 93 6.25% $13,645
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 92 6.37% $9,441
LOANDEPOT.COM, LLC 86 6.10% $13,048
FREEDOM MORTGAGE CORPORATION 83 6.38% $18,884
PENNYMAC LOAN SERVICES, LLC 80 5.70% $12,504
NBH Bank 79 5.96% $9,564
The Central Trust Bank 63 6.13% $11,252
AMERICAN PACIFIC MORTGAGE CORPORATION 60 5.77% $19,641
USAA Federal Savings Bank 57 6.08% $12,005
HOMEAMERICAN MORTGAGE CORPORATION 54 5.17% $5,393
CHERRY CREEK MORTGAGE, LLC 53 5.65% $6,985
ARK-LA-TEX FINANCIAL SERVICES, LLC. 53 6.64% $11,806
V.I.P. MORTGAGE, INC. 48 6.41% $10,647
CARDINAL FINANCIAL 46 6.27% $16,817
HUNT MORTGAGE CORPORATION 43 5.79% $12,128
The Federal Savings Bank 42 6.09% $19,076
CROSSCOUNTRY MORTGAGE, LLC 42 6.47% $10,677
BAY EQUITY LLC 41 6.38% $11,003
GUILD MORTGAGE COMPANY 38 5.77% $12,141
DRAPER AND KRAMER MORTGAGE CORP. 37 6.41% $11,007
CMG MORTGAGE, INC. 36 6.06% $11,782
BROKER SOLUTIONS, INC. 36 6.35% $11,867
AMERICAN FINANCIAL NETWORK, INC. 35 6.28% $9,930
Northpointe Bank 32 5.88% $13,488
NEWREZ LLC 31 6.42% $14,322
INTERCAP LENDING INC. 31 6.29% $10,335
ACADEMY MORTGAGE CORPORATION 30 5.90% $13,804
S1L, Inc. 27 6.19% $15,367
DHI MORTGAGE COMPANY, LTD. 25 5.38% $16,474
Plains Commerce Bank 24 5.72% $16,245
VILLAGE CAPITAL MORTGAGE 23 6.05% $13,025
RESIDENTIAL WHOLESALE MORTGAGE, INC. 22 6.25% $15,211
GUARANTEED RATE AFFINITY, LLC 22 6.28% $6,943
PENTAGON FEDERAL CREDIT UNION 22 5.59% $9,059
NATIONS RELIABLE LENDING, LLC 22 6.39% $9,690
UNIVERSAL LENDING CORPORATION 21 5.84% $9,176
Armed Forces Bank 21 6.00% $9,408
NEW DAY FINANCIAL, LLC 21 7.27% $16,978
Paramount Residential Mortgage Group, Inc. 20 6.14% $9,400
PLANET HOME LENDING, LLC 20 4.91% $7,320
NEST HOME LENDING, LLC 19 5.92% $7,902
GROUP MORTGAGE, LLC 19 6.20% $10,934
SUN WEST MORTGAGE COMPANY, INC. 17 6.20% $10,541
CALIBER HOME LOANS, INC. 17 6.23% $12,781
Century Mortgage Company DBA Century Lending Company 17 5.93% $7,785
INSPIRE HOME LOANS INC. 16 5.22% $12,556
MUTUAL OF OMAHA MORTGAGE, INC. 16 5.85% $12,675
Mr. Cooper ( Nationstar Mortgage ) 16 6.00% $19,018
CHURCHILL MORTGAGE CORPORATION 15 6.32% $10,937
Wells Fargo Bank 14 5.07% $6,425
TOWNE MORTGAGE COMPANY 14 6.05% $15,013
NBKC BANK 13 5.85% $6,183
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 13 6.48% $17,463
SECURITYNATIONAL MORTGAGE COMPANY 12 6.34% $11,312
T2 FINANCIAL LLC 11 6.56% $11,368
CORNERSTONE HOME LENDING, INC. 11 4.20% $12,028
PRIMELENDING, A PLAINSCAPITAL COMPANY 10 6.26% $9,131
PLAZA HOME MORTGAGE, INC. 10 6.24% $12,159
MASON MCDUFFIE MORTGAGE CORPORATION 10 7.01% $13,540
AMERISAVE MORTGAGE CORPORATION 10 5.59% $18,093
MID AMERICA MORTGAGE, INC. 9 6.07% $3,334
PRIMARY RESIDENTIAL MORTGAGE, INC. 9 6.29% $14,922
BNC National Bank 9 5.44% $11,287
GENEVA FINANCIAL, LLC 8 6.19% $13,036
Flagstar Bank, FSB 8 6.48% $13,090
Magnolia Bank 8 5.83% $16,727
Ixonia Bank 8 6.47% $13,064
UNION HOME MORTGAGE CORP. 7 6.29% $9,665
VERITAS FUNDING, LLC 7 6.00% $17,483
HOMEBRIDGE FINANCIAL SERVICES, INC. 7 6.64% $13,783
The Huntington National Bank 6 5.77% $3,006
Equity Prime Mortgage LLC 6 6.50% $11,763
American Mortgage & Equity Consultants, Inc. 6 6.56% $10,842
Mid-Continent Funding, Inc. 6 5.94% $9,401
LOANPAL, LLC 5 5.90% $15,068
LEADERONE FINANCIAL CORPORATION 5 6.80% $10,775
Carrington Mortgage Services, LLC 5 5.75% $9,098
MICHIGAN MUTUAL, INC. 5 6.10% $9,544
PRIORITY HOME MORTGAGE, L.P. 4 5.37% $17,131
AIR ACADEMY 4 6.03% $12,972
Barrington Bank & Trust Company, N.A. 4 6.09% $11,157
EVERETT FINANCIAL, INC. 4 6.44% $31,123
JPMorgan Chase Bank 4 5.68% $6,440
Nations Lending Corporation 4 6.69% $10,689
NOVA FINANCIAL & INVESTMENT CORPORATION 4 6.31% $8,372
Sunflower Bank 4 6.47% $13,338
SWBC MORTGAGE CORPORATION 4 6.59% $20,851
U.S. Bank 4 6.03% $13,225
TBI MORTGAGE COMPANY 3 6.00% $19,636
THE MORTGAGE COMPANY 3 5.88% $11,595
First Federal Bank 3 6.42% $5,990
SUCCESS MORTGAGE PARTNERS, INC. 3 6.38% $7,493
DAS Acquisition Company, LLC 3 6.91% $13,451
Ameris Bank 3 6.08% $11,756
LAKEVIEW LOAN SERVICING, LLC 3 5.88% $12,243
NETWORK CAPITAL FUNDING CORPORATION 3 5.96% $7,075
HOMESIDE FINANCIAL, LLC 3 6.71% $12,078
AXIA FINANCIAL, LLC 3 6.75% $11,423
Gateway First Bank 3 6.71% $11,788
First Savings Bank 2 5.50% $13,689
AMERICAN FINANCING CORPORATION 2 6.37% $5,682
OCMBC, INC. 2 6.06% $12,325
Sierra Pacific Mortgage Company, Inc. 2 6.31% $15,848
PREMIA MORTGAGE, LLC 2 6.13% $14,630
ON Q FINANCIAL, INC. 2 5.99% $9,342
Lakeview Community Capital, LLC 2 5.69% $10,232
MORTGAGEONE, INC. 2 7.06% $5,756
LADERA LENDING, INC. 2 6.94% $23,964
Strong Home Mortgage, LLC 2 5.69% $5,837
J. VIRGIL, INC. 2 6.37% $4,687
CASTLE & COOKE MORTGAGE, LLC 2 6.69% $14,967
M&T Bank 2 5.94% $7,654
FLAT BRANCH MORTGAGE, INC. 2 6.75% $4,134
CALCON MUTUAL MORTGAGE LLC 2 5.88% $21,390
Prosperity Home Mortgage, LLC 2 5.50% $23,443
Bank of England 2 5.81% $17,035
The Loan Store, Inc. 2 5.87% $11,822
CITYWIDE HOME LOANS, LLC 2 5.38% $19,815
Bank of America 2 6.63% $28,738
TRISTAR FINANCE, INC. 2 6.38% $5,296
STOCKTON MORTGAGE CORPORATION 1 6.75% $12,177
SUMMIT FUNDING, INC. 1 6.75% $17,524
Allied First Bank,sb 1 6.75% $6,744
West Gate Bank 1 6.38% $17,767
CANOPY MORTGAGE, LLC 1 7.38% $32,357
BOKF 1 5.63% $16,948
The Union Bank Company 1 7.13% $12,060
Towne Bank 1 7.25% $15,631
Towne Mortgage, LLC 1 6.75% $17,593
Truist 1 6.10% $11,419
Atlantic Union Bank 1 6.25% $14,391
Atlantic Coast Mortgage, LLC 1 6.49% $9,825
Arvest Bank 1 6.38% $1,136
ZILLOW HOME LOANS, LLC 1 6.75% $2,779
US MORTGAGE CORPORATION 1 7.13% $15,538
VAN DYK MORTGAGE CORPORATION 1 6.13% $17,644
Arbor Bank 1 6.75% $13,336
KeyBank 1 5.38% $4,255
JET HOMELOANS, LLC 1 7.63% $11,979
HOMEXPRESS MORTGAGE CORP. 1 6.63% $34,365
NATIONS DIRECT MORTGAGE, LLC 1 7.25% $7,591
GREENSTATE CREDIT UNION 1 7.13% $10,102
GoPrime Mortgage, Inc. 1 5.88% $3,520
Golden Empire Mortgage, Inc. 1 5.75% $11,348
Network Funding, L.P. 1 7.13% $9,104
First Western Trust Bank 1 7.00% $0
First United Bank and Trust Company 1 6.88% $4,207
North American Savings Bank, F.S.B. 1 4.88% $13,107
PANORAMA MORTGAGE GROUP, LLC 1 7.25% $24,038
Paramount Bank 1 6.75% $9,086
First Federal Bank of Kansas City 1 7.75% $9,507
FIRST COMMUNITY MORTGAGE, INC. 1 5.13% $10,189
Performance Financial, Inc. 1 7.63% $13,441
PHH Mortgage Corporation 1 7.13% $8,126
FIRST COLONY MORTGAGE CORPORATION 1 7.00% $8,029
First Bank 1 6.25% $16,620
Elevations Credit Union 1 6.00% $7,627
PREMIER MORTGAGE SERVICES, INC. 1 7.00% $4,528
CONTOUR MORTGAGE CORPORATION 1 5.25% $23,183
PRIORITY HOME LENDING, LLC 1 5.99% $1,598
1ST SIGNATURE LENDING, LLC 1 7.75% $18,125
Community First National Bank 1 5.75% $10,140
ROYAL UNITED MORTGAGE LLC 1 6.13% $27,879
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 5.75% $8,477
SAMMAMISH MORTGAGE COMPANY 1 6.13% $2,261
Citizens Bank 1 6.13% $13,001
Service Federal Credit Union 1 5.50% $0
SFMC, LP 1 5.75% $19,525
Stifel Bank and Trust 1 5.88% $8,381

The top Colorado Springs VA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 975 VA loans originated. Their average total fees are $9,723, which is $338 higher than the next largest lender, Mortgage Research Center, LLC.

The lowest fee Colorado Springs VA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION ($5,393), NBKC BANK ($6,183), Wells Fargo Bank ($6,425), GUARANTEED RATE AFFINITY, LLC ($6,943) and CHERRY CREEK MORTGAGE, LLC ($6,985).

The lowest rate Colorado Springs VA lenders (with over 10 loans originated) are CORNERSTONE HOME LENDING, INC. (4.20%), PLANET HOME LENDING, LLC (4.91%), Wells Fargo Bank (5.07%), HOMEAMERICAN MORTGAGE CORPORATION (5.17%) and INSPIRE HOME LOANS INC. (5.22%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Colorado Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $388,291 (12.0%) $486,184 (6.5%) 1.44 1,310
2018-02-01 $397,500 (11.7%) $501,114 (6.4%) 1.44 1,236
2018-03-01 $411,925 (11.0%) $516,447 (8.9%) 1.45 1,314
2018-04-01 $400,397 (8.2%) $504,946 (6.3%) 1.36 1,505
2018-05-01 $390,280 (3.7%) $495,938 (5.2%) 1.30 1,678
2018-06-01 $385,000 (4.5%) $522,888 (13.3%) 1.28 2,056
2018-07-01 $374,292 (2.6%) $490,846 (6.8%) 1.25 2,330
2018-08-01 $365,363 (2.2%) $462,568 (1.0%) 1.22 2,467
2018-09-01 $364,900 (0.0%) $459,296 (-0.6%) 1.23 2,448
2018-10-01 $367,748 (0.3%) $464,228 (-0.8%) 1.25 2,413
2018-11-01 $368,871 (-0.3%) $466,477 (-3.3%) 1.25 2,334
2018-12-01 $375,000 (-1.2%) $474,860 (-2.0%) 1.29 1,924
2019-01-01 $382,450 (-1.5%) $478,022 (-1.7%) 1.32 1,639
2019-02-01 $389,946 (-1.9%) $484,661 (-3.3%) 1.32 1,560
2019-03-01 $397,100 (-3.6%) $496,048 (-4.0%) 1.30 1,525
2019-04-01 $399,900 (-0.1%) $501,607 (-0.7%) 1.27 1,575
2019-05-01 $417,413 (7.0%) $519,425 (4.7%) 1.30 1,678
2019-06-01 $419,000 (8.8%) $518,975 (-0.8%) 1.31 1,948
2019-07-01 $416,500 (11.3%) $516,244 (5.2%) 1.30 2,158
2019-08-01 $412,682 (13.0%) $513,767 (11.1%) 1.31 2,127
2019-09-01 $409,205 (12.1%) $513,370 (11.8%) 1.31 2,062
2019-10-01 $411,136 (11.8%) $513,729 (10.7%) 1.33 2,010
2019-11-01 $420,000 (13.9%) $524,080 (12.4%) 1.38 1,738
2019-12-01 $424,830 (13.3%) $531,509 (11.9%) 1.42 1,449
2020-01-01 $425,000 (11.1%) $534,515 (11.8%) 1.42 1,222
2020-02-01 $445,000 (14.1%) $559,799 (15.5%) 1.46 1,059
2020-03-01 $445,520 (12.2%) $558,616 (12.6%) 1.40 1,164
2020-04-01 $449,558 (12.4%) $556,576 (11.0%) 1.41 1,275
2020-05-01 $457,400 (9.6%) $557,583 (7.4%) 1.39 1,488
2020-06-01 $461,038 (10.0%) $562,367 (8.4%) 1.36 1,473
2020-07-01 $457,500 (9.8%) $572,922 (11.0%) 1.33 1,395
2020-08-01 $450,000 (9.0%) $582,547 (13.4%) 1.29 1,307
2020-09-01 $435,000 (6.3%) $571,837 (11.4%) 1.25 1,171
2020-10-01 $439,900 (7.0%) $578,294 (12.6%) 1.26 1,016
2020-11-01 $453,550 (8.0%) $607,460 (15.9%) 1.33 780
2020-12-01 $451,628 (6.3%) $626,964 (18.0%) 1.34 618
2021-01-01 $450,785 (6.1%) $630,450 (18.0%) 1.35 491
2021-02-01 $444,970 (0.0%) $611,649 (9.3%) 1.30 496
2021-03-01 $435,000 (-2.4%) $597,934 (7.0%) 1.23 544
2021-04-01 $454,950 (1.2%) $618,256 (11.1%) 1.23 612
2021-05-01 $473,000 (3.4%) $634,905 (13.9%) 1.26 685
2021-06-01 $476,588 (3.4%) $661,929 (17.7%) 1.25 817
2021-07-01 $478,900 (4.7%) $640,259 (11.8%) 1.26 972
2021-08-01 $477,450 (6.1%) $638,585 (9.6%) 1.27 1,046
2021-09-01 $477,382 (9.7%) $635,388 (11.1%) 1.27 1,079
2021-10-01 $485,000 (10.3%) $649,980 (12.4%) 1.29 1,113
2021-11-01 $484,324 (6.8%) $660,355 (8.7%) 1.29 935
2021-12-01 $484,948 (7.4%) $674,878 (7.6%) 1.31 739
2022-01-01 $490,763 (8.9%) $678,863 (7.7%) 1.33 602
2022-02-01 $482,765 (8.5%) $679,167 (11.0%) 1.26 593
2022-03-01 $487,654 (12.1%) $658,027 (10.1%) 1.22 635
2022-04-01 $515,000 (13.2%) $671,515 (8.6%) 1.23 775
2022-05-01 $537,709 (13.7%) $677,996 (6.8%) 1.23 1,202
2022-06-01 $537,500 (12.8%) $671,934 (1.5%) 1.20 1,706
2022-07-01 $521,740 (9.0%) $643,884 (0.6%) 1.18 2,352
2022-08-01 $517,700 (8.4%) $634,944 (-0.6%) 1.20 2,536
2022-09-01 $505,000 (5.8%) $627,401 (-1.3%) 1.18 2,419
2022-10-01 $499,999 (3.1%) $618,953 (-4.8%) 1.18 2,462
2022-11-01 $499,700 (3.2%) $612,436 (-7.3%) 1.20 2,319
2022-12-01 $499,000 (2.9%) $614,710 (-8.9%) 1.23 1,938
2023-01-01 $498,779 (1.6%) $623,697 (-8.1%) 1.24 1,562
2023-02-01 $499,000 (3.4%) $629,654 (-7.3%) 1.20 1,375
2023-03-01 $527,500 (8.2%) $654,647 (-0.5%) 1.24 1,270
2023-04-01 $535,000 (3.9%) $672,648 (0.2%) 1.24 1,328
2023-05-01 $550,000 (2.3%) $693,071 (2.2%) 1.25 1,469
2023-06-01 $549,950 (2.3%) $685,762 (2.1%) 1.24 1,657
2023-07-01 $545,000 (4.5%) $694,480 (7.9%) 1.24 1,917
2023-08-01 $534,236 (3.2%) $685,321 (7.9%) 1.23 2,049
2023-09-01 $525,000 (4.0%) $678,648 (8.2%) 1.22 2,178
2023-10-01 $514,087 (2.8%) $676,028 (9.2%) 1.21 2,196
2023-11-01 $499,187 (-0.1%) $660,080 (7.8%) 1.19 2,155
2023-12-01 $490,000 (-1.8%) $653,202 (6.3%) 1.20 1,813
2024-01-01 $487,875 (-2.2%) $652,404 (4.6%) 1.19 1,529
2024-02-01 $489,601 (-1.9%) $651,529 (3.5%) 1.18 1,485
2024-03-01 $495,000 (-6.2%) $638,631 (-2.5%) 1.17 1,523
Colorado Springs's median listing price for 2024-03-01 was $495,000, a difference of $-32,500 (-6.2%) versus the prior year and $5,399 versus the prior month.

Colorado Springs's median listing price comes in at 117% of the national average.

Colorado Springs's average listing price for 2024-03-01 was $638,631, a difference of $-16,016 (-2.5%) versus the prior year and $-12,898 versus the prior month.

For the 2024-03-01 period, Colorado Springs had 1,523 MLS listings, a difference of 38 listings (3%) versus the prior month and 253 listings (20%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Colorado Springs (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 54 days 3,060 sqft
2018-02-01 43 days 3,087 sqft
2018-03-01 32 days 3,111 sqft
2018-04-01 26 days 3,092 sqft
2018-05-01 28 days 3,007 sqft
2018-06-01 26 days 2,929 sqft
2018-07-01 31 days 2,826 sqft
2018-08-01 37 days 2,770 sqft
2018-09-01 39 days 2,774 sqft
2018-10-01 45 days 2,819 sqft
2018-11-01 47 days 2,839 sqft
2018-12-01 61 days 2,837 sqft
2019-01-01 61 days 2,856 sqft
2019-02-01 42 days 2,880 sqft
2019-03-01 37 days 2,885 sqft
2019-04-01 29 days 2,876 sqft
2019-05-01 25 days 2,947 sqft
2019-06-01 26 days 2,983 sqft
2019-07-01 30 days 2,997 sqft
2019-08-01 36 days 2,923 sqft
2019-09-01 41 days 2,863 sqft
2019-10-01 44 days 2,832 sqft
2019-11-01 47 days 2,866 sqft
2019-12-01 58 days 2,896 sqft
2020-01-01 58 days 2,842 sqft
2020-02-01 35 days 2,959 sqft
2020-03-01 23 days 2,964 sqft
2020-04-01 31 days 3,009 sqft
2020-05-01 31 days 3,065 sqft
2020-06-01 30 days 3,073 sqft
2020-07-01 31 days 3,034 sqft
2020-08-01 31 days 2,971 sqft
2020-09-01 30 days 2,777 sqft
2020-10-01 29 days 2,700 sqft
2020-11-01 29 days 2,707 sqft
2020-12-01 35 days 2,669 sqft
2021-01-01 26 days 2,640 sqft
2021-02-01 13 days 2,482 sqft
2021-03-01 9 days 2,393 sqft
2021-04-01 9 days 2,547 sqft
2021-05-01 8 days 2,613 sqft
2021-06-01 9 days 2,592 sqft
2021-07-01 14 days 2,499 sqft
2021-08-01 15 days 2,535 sqft
2021-09-01 18 days 2,378 sqft
2021-10-01 19 days 2,444 sqft
2021-11-01 27 days 2,348 sqft
2021-12-01 32 days 2,327 sqft
2022-01-01 26 days 2,327 sqft
2022-02-01 15 days 2,284 sqft
2022-03-01 9 days 2,237 sqft
2022-04-01 9 days 2,452 sqft
2022-05-01 12 days 2,527 sqft
2022-06-01 18 days 2,535 sqft
2022-07-01 25 days 2,448 sqft
2022-08-01 33 days 2,414 sqft
2022-09-01 40 days 2,344 sqft
2022-10-01 46 days 2,375 sqft
2022-11-01 51 days 2,393 sqft
2022-12-01 63 days 2,360 sqft
2023-01-01 66 days 2,285 sqft
2023-02-01 48 days 2,331 sqft
2023-03-01 37 days 2,466 sqft
2023-04-01 28 days 2,578 sqft
2023-05-01 26 days 2,629 sqft
2023-06-01 30 days 2,647 sqft
2023-07-01 32 days 2,620 sqft
2023-08-01 37 days 2,510 sqft
2023-09-01 42 days 2,450 sqft
2023-10-01 44 days 2,387 sqft
2023-11-01 49 days 2,359 sqft
2023-12-01 59 days 2,302 sqft
2024-01-01 63 days 2,213 sqft
2024-02-01 41 days 2,166 sqft
2024-03-01 36 days 2,164 sqft
Colorado Springs's median listing age (time on market) for 2024-03-01 was 36 days. This is -1% shorter than the same period one year ago.

Colorado Springs's median square footage for active listings during the 2024-03-01 period was 2,164 sqft. One year prior, the average listing was 2,466 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.