Colorado Springs VA Loans

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 271 lenders originated 18,420 VA loans during 2021. The total origination value was $6,950,180,000, with an average VA loan value of $377,317.

Colorado Springs VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Colorado Springs averaged 6.19% for the week of 2022-09-23, compared to the national average (all VA variants) of 5.992% for the same period.

The average rate for the prior week (2022-09-16) was 5.75% and one month ago for the week of 2022-08-19, the average rate was 5.21%.

The average rate one year ago was 2.71%.

For refis of the same type during the week of 2022-09-23, the average rate was 5.91%.

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 and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Colorado Springs level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
FREEDOM MORTGAGE CORPORATION 1,206 2.38% $3,533
UNITED WHOLESALE MORTGAGE, LLC 1,125 2.47% $6,468
QUICKEN LOANS, LLC 880 2.43% $5,227
Mortgage Research Center, LLC 820 2.78% $8,825
PENNYMAC LOAN SERVICES, LLC 808 2.36% $6,532
CHERRY CREEK MORTGAGE, LLC 595 2.58% $6,965
Ent Credit Union 557 2.47% $5,590
NBH Bank 531 2.54% $6,163
GUARANTEED RATE, INC. 522 2.63% $9,098
HOME POINT FINANCIAL CORPORATION 395 2.41% $6,430
CALIBER HOME LOANS, INC. 381 2.50% $6,336
LOANDEPOT.COM, LLC 371 2.59% $6,906
LAKEVIEW LOAN SERVICING, LLC 319 2.43% $2,836
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 296 2.89% $8,989
MOVEMENT MORTGAGE, LLC 293 2.87% $8,428
MORTGAGE SOLUTIONS OF COLORADO, LLC 293 2.94% $8,544
ARK-LA-TEX FINANCIAL SERVICES, LLC. 290 2.86% $8,320
NAVY FEDERAL CREDIT UNION 249 2.48% $6,939
ACADEMY MORTGAGE CORPORATION 225 2.56% $7,937
VILLAGE CAPITAL MORTGAGE 221 2.27% $4,277
CROSSCOUNTRY MORTGAGE, LLC 217 2.76% $9,175
Northpointe Bank 210 2.66% $8,513
USAA Federal Savings Bank 185 2.81% $4,384
UNIVERSAL LENDING CORPORATION 173 2.68% $8,386
Wells Fargo Bank 166 2.48% $4,676
CLEARPATH LENDING 159 2.28% $4,977
DRAPER AND KRAMER MORTGAGE CORP. 147 2.45% $7,438
BAY EQUITY LLC 141 2.63% $8,486
BROKER SOLUTIONS, INC. 139 2.59% $8,027
Farmers & Stockmens Bank 137 2.38% $6,674
NEW DAY FINANCIAL, LLC 132 2.78% $9,726
The Federal Savings Bank 130 2.51% $8,804
NEST HOME LENDING, LLC 126 2.87% $5,396
NP, Inc. 114 2.73% $8,416
Mr. Cooper ( Nationstar Mortgage ) 109 2.66% $4,115
Financial Funding Solutions, Inc. 108 2.80% $9,638
PLANET HOME LENDING, LLC 102 2.45% $3,794
Hometown Lenders, Inc. 99 2.80% $11,468
AMERICAN FINANCIAL NETWORK, INC. 99 2.68% $10,756
HOMEBRIDGE FINANCIAL SERVICES, INC. 96 2.45% $6,204
Carrington Mortgage Services, LLC 94 2.96% $6,788
S1L, Inc. 89 2.78% $11,550
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 88 2.83% $8,061
The Central Trust Bank 87 2.63% $9,314
NFM, INC. 81 2.94% $8,802
North American Savings Bank, F.S.B. 79 2.35% $7,642
V.I.P. MORTGAGE, INC. 78 2.69% $7,028
NEWREZ LLC 78 2.65% $3,969
PENTAGON FEDERAL CREDIT UNION 73 2.33% $3,596
DAS Acquisition Company, LLC 71 2.89% $11,685
CORNERSTONE HOME LENDING, INC. 69 2.80% $8,340
HUNT MORTGAGE CORPORATION 66 2.54% $10,007
LOANPAL, LLC 63 2.46% $8,598
Lakeview Community Capital, LLC 60 2.45% $2,790
DHI MORTGAGE COMPANY, LTD. 60 2.51% $13,342
InterContinental Capital Group, Inc 57 2.35% $4,014
INTEGRITY MORTGAGE & FINANCIAL INCORPORATED 55 2.76% $7,355
INSPIRE HOME LOANS INC. 54 2.89% $10,297
SUN WEST MORTGAGE COMPANY, INC. 53 2.37% $5,072
CHURCHILL MORTGAGE CORPORATION 53 2.71% $6,866
GUILD MORTGAGE COMPANY 52 2.80% $10,305
NBKC BANK 49 2.42% $6,365
UNION HOME MORTGAGE CORP. 49 2.33% $7,810
AMERICAN FINANCING CORPORATION 47 2.57% $6,669
AMERISAVE MORTGAGE CORPORATION 46 2.60% $5,701
Armed Forces Bank 45 2.40% $5,848
GUARANTEED RATE AFFINITY, LLC 44 2.58% $7,921
Low VA Rates, LLC 44 2.43% $6,497
T2 FINANCIAL LLC 44 2.61% $7,782
FINANCE OF AMERICA MORTGAGE LLC 39 2.60% $7,226
HOMEAMERICAN MORTGAGE CORPORATION 38 2.62% $9,405
BNC National Bank 38 2.29% $5,158
CELEBRITY HOME LOANS, LLC 37 2.82% $7,900
MUTUAL OF OMAHA MORTGAGE, INC. 36 2.57% $5,761
Midwest Mortgage Associates Corporation 34 2.56% $7,688
MANN FINANCIAL INC. 32 2.75% $8,783
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 32 2.89% $7,086
RESIDENTIAL WHOLESALE MORTGAGE, INC. 31 2.66% $12,253
First Guaranty Mortgage Corporation 29 2.42% $4,516
CMG MORTGAGE, INC. 28 2.59% $7,502
Loan Simple, Inc. 26 2.59% $11,226
CONTOUR MORTGAGE CORPORATION 26 2.70% $6,315
Commerce Home Mortgage, Inc. 26 2.62% $4,905
PRIMARY RESIDENTIAL MORTGAGE, INC. 26 2.90% $11,337
TJC Mortgage, Inc. 25 2.26% $4,912
Prime Choice Funding Inc. 25 2.52% $7,979
Plains Commerce Bank 25 2.53% $6,420
SOVEREIGN LENDING GROUP INCORPORATED 24 2.60% $6,952
GROUP MORTGAGE, LLC 24 2.77% $8,499
SECURITYNATIONAL MORTGAGE COMPANY 23 2.62% $10,184
ACCELERATE MORTGAGE, LLC 21 2.19% $7,616
AMERICAN PACIFIC MORTGAGE CORPORATION 20 2.70% $8,370
NOVA FINANCIAL & INVESTMENT CORPORATION 20 2.59% $7,254
Magnolia Bank 19 2.45% $10,742
Flagstar Bank, FSB 19 2.72% $7,316
LEADERONE FINANCIAL CORPORATION 19 3.09% $5,397
First Mortgage Solutions, LLC 17 2.22% $6,908
PLAZA HOME MORTGAGE, INC. 16 2.56% $4,939
Amerifirst Financial, Inc. 16 2.80% $9,064
First Western Trust Bank 16 2.55% $7,596
AIR ACADEMY 15 2.47% $2,876
ZILLOW HOME LOANS, LLC 15 2.69% $4,514
Barrington Bank & Trust Company, N.A. 15 2.75% $7,537
FBC MORTGAGE, LLC 14 2.60% $10,462
Paramount Residential Mortgage Group, Inc. 13 2.74% $7,613
Mid-Continent Funding, Inc. 13 2.72% $7,959
NETWORK CAPITAL FUNDING CORPORATION 13 2.48% $3,236
KELLER MORTGAGE, LLC 13 2.55% $10,352
KS StateBank 13 2.26% $2,549
PRIORITY HOME MORTGAGE, L.P. 13 2.81% $13,296
Nations Lending Corporation 12 2.84% $9,593
MID AMERICA MORTGAGE, INC. 12 2.53% $2,395
First Federal Bank 11 3.08% $12,736
Strong Home Mortgage, LLC 11 2.36% $5,081
PRIMELENDING, A PLAINSCAPITAL COMPANY 10 2.65% $9,842
UNITED MORTGAGE CORP. 10 2.74% $6,560
Paramount Bank 9 2.60% $10,726
Elevations Credit Union 9 2.43% $12,025
Independent Bank 8 2.73% $12,581
TBI MORTGAGE COMPANY 8 2.64% $9,510
Sunflower Bank 8 2.40% $7,125
Equity Prime Mortgage LLC 8 3.67% $7,331
Gateway First Bank 8 2.59% $7,118
Wyndham Capital Mortgage, Inc. 8 2.33% $1,749
NATIONS DIRECT MORTGAGE, LLC 8 3.03% $11,101
LADERA LENDING, INC. 8 2.44% $10,800
MEGASTAR FINANCIAL CORP. 8 2.52% $7,769
GENEVA FINANCIAL, LLC 7 2.71% $7,637
HOMESIDE FINANCIAL, LLC 7 2.50% $5,867
VAN DYK MORTGAGE CORPORATION 7 2.86% $11,227
EVERETT FINANCIAL, INC. 7 3.27% $9,795
STEARNS LENDING, LLC 6 2.33% $5,670
Adams Bank & Trust 6 2.56% $6,112
Bell Bank 6 2.77% $5,356
U.S. Bank 6 2.75% $5,046
THRIVE MORTGAGE, LLC 5 2.78% $7,671
LENDUS, LLC 5 2.82% $6,788
BAYSHORE MORTGAGE FUNDING, LLC 5 2.60% $9,915
Capital Bank 5 2.25% $1,819
PREMIER MORTGAGE RESOURCES, L.L.C. 5 2.95% $7,362
TOP FLITE FINANCIAL, INC. 5 3.13% $19,577
Citizens Bank 5 2.65% $11,530
Bank of England 4 2.91% $6,600
Colten Mortgage, LLC 4 2.75% $6,989
American Mortgage & Equity Consultants, Inc. 4 2.78% $5,686
Century Mortgage Company DBA Century Lending Company 4 2.78% $6,348
EMBRACE HOME LOANS, INC. 4 2.25% $2,343
LAND HOME FINANCIAL SERVICES, INC. 4 2.75% $11,459
PHH Mortgage Corporation 4 3.03% $4,642
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 4 2.84% $10,063
Academy Bank 4 2.69% $8,548
GUARANTY HOME MORTGAGE CORPORATION 3 2.50% $3,557
Goldwater Bank, N.A. 3 2.33% $4,531
Franklin Loan Corporation 3 3.00% $6,072
Bank of Colorado 3 2.50% $5,833
RANLIFE, INC. 3 2.54% $5,759
First National Bank Texas 3 2.75% $10,399
WESTERRA CREDIT UNION 3 2.67% $12,365
First Midwest Bank 3 2.25% $13,447
First Federal Bank of Kansas City 3 2.38% $10,225
ALL WESTERN MORTGAGE, INC. 3 3.88% $5,622
FirstBank 3 2.38% $1,519
SUCCESS MORTGAGE PARTNERS, INC. 3 2.92% $6,381
OPEN MORTGAGE, LLC 3 3.04% $6,273
DIRECT MORTGAGE, CORP. 3 2.79% $10,603
Credence Funding Corporation 3 2.25% $1,989
The Home Loan Expert LLC 3 2.46% $12,281
The Huntington National Bank 3 2.42% $10,569
LENOX FINANCIAL MORTGAGE CORPORATION 3 2.58% $2,337
Zions Bancorporation, N.A. 3 2.29% $12,809
Manufacturers and Traders Trust Company 3 2.92% $5,372
OCMBC, INC. 3 2.71% $7,439
AmeriHome Mortgage Company, LLC 3 2.79% $4,574
MICHIGAN MUTUAL, INC. 3 3.13% $15,995
HOME MORTGAGE ALLIANCE, LLC 3 2.58% $7,508
INTERCAP LENDING INC. 2 2.38% $2,684
AMERICAN HOME LENDING USA, LLC 2 2.25% $2,430
Ameris Bank 2 2.31% $19,456
Austin Capital Bank SSB 2 2.25% $5,090
CANOPY MORTGAGE, LLC 2 1.99% $11,135
CITY FIRST MORTGAGE SERVICES, L.L.C. 2 2.25% $2,789
CITYWIDE HOME LOANS, LLC 2 2.25% $2,498
FIRST COMMUNITY MORTGAGE, INC. 2 2.63% $12,596
First Home Bank 2 2.56% $3,773
FLAT BRANCH MORTGAGE, INC. 2 2.88% $14,920
Glacier Bank 2 2.56% $2,916
HOMESPIRE MORTGAGE CORPORATION 2 2.31% $12,974
Hometown Equity Mortgage, LLC 2 2.44% $5,668
1ST SIGNATURE LENDING, LLC 2 3.13% $12,462
INTERCOASTAL MORTGAGE COMPANY 2 2.25% $5,353
Ixonia Bank 2 2.31% $2,098
JPMorgan Chase Bank 2 3.63% $10,468
J. VIRGIL, INC. 2 2.63% $5,315
Meridian Bank Corporation 2 2.50% $2,493
MOUNTAIN WEST FINANCIAL, INC. 2 2.63% $13,498
Sierra Pacific Mortgage Company, Inc. 2 2.94% $6,583
SOUTHWEST FUNDING, LP 2 3.25% $6,408
SWBC MORTGAGE CORPORATION 2 3.06% $2,429
Texana Bank 2 2.25% $3,358
THE MORTGAGE COMPANY 2 2.75% $7,895
UNITED SECURITY FINANCIAL CORP 2 2.00% $4,754
LENDING 3, INC. 1 2.50% $10,810
LEGACY MORTGAGE LLC 1 2.75% $4,983
PNC Bank 1 3.13% $1,842
PREMIA MORTGAGE, LLC 1 2.63% $11,756
KeyBank 1 2.63% $19,679
PREMIER MORTGAGE SERVICES, INC. 1 2.25% $1,350
Presidential Bank, FSB 1 2.75% $9,057
INTERSTATE HOME LOAN CENTER, INC. 1 3.50% $15,492
GUARANTY MORTGAGE SERVICE, INC. 1 2.25% $17,964
GSF Mortgage Corporation 1 2.75% $2,241
Great Western Bank 1 2.38% $3,624
Progress Bank and Trust 1 2.38% $12,826
Prosperity Home Mortgage, LLC 1 2.88% $11,979
GoPrime Mortgage, Inc. 1 2.38% $1,175
First United Bank and Trust Company 1 3.00% $23,628
Red River Bank 1 2.75% $2,809
RELIANCE FIRST CAPITAL, LLC 1 2.38% $11,658
RESIDENTIAL HOME FUNDING CORP. 1 3.25% $8,101
RESIDENTIAL MORTGAGE, LLC 1 2.25% $3,801
First State Bank of St. Charles, Missouri 1 2.25% $16,619
First Savings Bank 1 2.25% $937
First National Bank of Omaha 1 2.75% $4,031
Arvest Bank 1 2.75% $3,339
SNAPFI, INC. 1 2.25% $409
WESTERN EXPRESS LENDING 1 2.38% $3,580
First National Bank 1 2.62% $11,862
SRE MORTGAGE ALLIANCE INC. 1 2.25% $2,802
S&S Financial 1 2.25% $1,970
FIRST CENTENNIAL MORTGAGE CORPORATION 1 2.63% $19,975
Stifel Bank and Trust 1 2.88% $15,268
Fifth Third Bank 1 2.75% $7,813
FCB Banks 1 2.75% $12,478
Summit Mortgage Corporation 1 3.00% $10,986
EMM LOANS LLC 1 2.88% $0
DIRECTORS MORTGAGE, INC. 1 3.13% $9,408
American Midwest Mortgage Corporation 1 2.50% $1,922
DIGNIFIED HOME LOANS, LLC 1 2.25% $1,421
DELMAR FINANCIAL COMPANY 1 2.75% $4,043
TCF National Bank 1 2.25% $11,007
AMERICAN FINANCIAL RESOURCES, INC. 1 2.75% $5,200
Core Bank 1 2.25% $11,223
COMPASS MORTGAGE, INC. 1 3.00% $17,794
Community First National Bank 1 2.50% $2,128
COMMUNITYAMERICA 1 3.00% $4,704
Amarillo National Bank 1 2.25% $14,082
Commerce Bank 1 3.50% $10,912
Colony Bank 1 2.62% $2,975
Colonial Savings, F.A. 1 2.75% $2,402
Truist 1 2.90% $12,402
Tyndall Federal Credit Union 1 2.25% $1,515
UMB Bank 1 2.25% $1,061
Umpqua Bank 1 2.75% $2,880
Chickasaw Community Bank 1 2.25% $1,697
United Fidelity Funding Corp. 1 2.88% $19,527
CHARTER WEST BANK 1 3.25% $2,899
Alerus Financial 1 2.25% $0
BOKF 1 2.50% $2,417
BLUELEAF LENDING, LLC 1 2.25% $1,640
BKCO MORTGAGE, LLC 1 2.25% $11,880
BELEM SERVICING LLC 1 2.00% $5,131
BBVA USA 1 4.25% $8,845
AXIA FINANCIAL, LLC 1 2.50% $19,647
Assurance Financial Group, L.L.C. 1 3.13% $4,556
Watermark Capital, Inc. 1 2.75% $2,062
Network Funding, L.P. 1 3.13% $19,071
Neighborhood Loans, Inc. 1 2.75% $16,508
NATIONWIDE MORTGAGE BANKERS, INC. 1 2.75% $11,226
NATIONS RELIABLE LENDING, LLC 1 2.88% $2,991
LHM FINANCIAL CORPORATION 1 2.25% $4,075
Lend Smart Mortgage, LLC 1 2.88% $27,282

The top Colorado Springs VA lender as defined by loan originations is FREEDOM MORTGAGE CORPORATION, with 1,206 VA loans originated. Their average total fees are $3,533, which is $2,935 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Colorado Springs VA lenders (with over 10 loans originated) are MID AMERICA MORTGAGE, INC. ($2,395), KS StateBank ($2,549), Lakeview Community Capital, LLC ($2,790), LAKEVIEW LOAN SERVICING, LLC ($2,836) and AIR ACADEMY ($2,876).

The lowest rate Colorado Springs VA lenders (with over 10 loans originated) are ACCELERATE MORTGAGE, LLC (2.19%), First Mortgage Solutions, LLC (2.22%), KS StateBank (2.26%), TJC Mortgage, Inc. (2.26%) and VILLAGE CAPITAL MORTGAGE (2.27%).


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 $396,321 (11.6%) $508,251 (5.2%) 1.46 1,534
2018-02-01 $410,215 (11.0%) $528,033 (6.6%) 1.48 1,444
2018-03-01 $419,888 (10.2%) $532,038 (7.8%) 1.45 1,554
2018-04-01 $409,825 (7.9%) $526,881 (6.4%) 1.38 1,772
2018-05-01 $398,750 (4.3%) $519,857 (6.4%) 1.33 1,975
2018-06-01 $390,000 (4.0%) $536,234 (12.2%) 1.30 2,410
2018-07-01 $381,500 (3.1%) $509,148 (6.9%) 1.27 2,752
2018-08-01 $374,900 (2.0%) $483,022 (2.0%) 1.25 2,912
2018-09-01 $371,887 (-0.5%) $480,149 (0.7%) 1.24 2,918
2018-10-01 $372,894 (-0.6%) $487,216 (0.5%) 1.25 2,869
2018-11-01 $375,750 (-0.8%) $493,545 (-2.0%) 1.26 2,765
2018-12-01 $382,892 (-0.6%) $501,736 (-0.5%) 1.31 2,270
2019-01-01 $392,492 (-1.0%) $508,963 (0.1%) 1.35 1,909
2019-02-01 $396,595 (-3.3%) $515,884 (-2.3%) 1.33 1,774
2019-03-01 $405,471 (-3.4%) $524,606 (-1.4%) 1.32 1,774
2019-04-01 $413,950 (1.0%) $530,070 (0.6%) 1.30 1,850
2019-05-01 $427,500 (7.2%) $553,235 (6.4%) 1.32 1,977
2019-06-01 $425,590 (9.1%) $552,006 (2.9%) 1.31 2,307
2019-07-01 $429,000 (12.5%) $548,835 (7.8%) 1.33 2,578
2019-08-01 $425,505 (13.5%) $541,041 (12.0%) 1.34 2,579
2019-09-01 $425,455 (14.4%) $536,196 (11.7%) 1.35 2,517
2019-10-01 $426,450 (14.4%) $541,841 (11.2%) 1.36 2,371
2019-11-01 $435,000 (15.8%) $554,981 (12.5%) 1.40 2,015
2019-12-01 $438,235 (14.5%) $566,481 (12.9%) 1.46 1,661
2020-01-01 $444,825 (13.3%) $567,949 (11.6%) 1.48 1,358
2020-02-01 $465,000 (17.3%) $596,922 (15.7%) 1.50 1,205
2020-03-01 $467,872 (15.4%) $596,042 (13.6%) 1.46 1,290
2020-04-01 $472,450 (14.1%) $593,995 (12.1%) 1.47 1,452
2020-05-01 $474,900 (11.1%) $591,922 (7.0%) 1.44 1,683
2020-06-01 $477,309 (12.2%) $600,784 (8.8%) 1.39 1,715
2020-07-01 $479,900 (11.9%) $605,889 (10.4%) 1.38 1,627
2020-08-01 $470,000 (10.5%) $627,172 (15.9%) 1.34 1,512
2020-09-01 $452,250 (6.3%) $611,122 (14.0%) 1.29 1,320
2020-10-01 $452,051 (6.0%) $630,229 (16.3%) 1.29 1,120
2020-11-01 $471,765 (8.5%) $655,889 (18.2%) 1.35 874
2020-12-01 $472,435 (7.8%) $685,236 (21.0%) 1.39 719
2021-01-01 $477,000 (7.2%) $691,241 (21.7%) 1.40 568
2021-02-01 $466,077 (0.2%) $655,978 (9.9%) 1.34 543
2021-03-01 $449,950 (-3.8%) $624,332 (4.8%) 1.26 603
2021-04-01 $465,000 (-1.6%) $657,992 (10.8%) 1.25 678
2021-05-01 $479,900 (1.1%) $672,349 (13.6%) 1.26 759
2021-06-01 $492,500 (3.2%) $701,004 (16.7%) 1.28 923
2021-07-01 $492,500 (2.6%) $682,041 (12.6%) 1.28 1,103
2021-08-01 $495,000 (5.3%) $680,181 (8.5%) 1.30 1,215
2021-09-01 $493,417 (9.1%) $676,717 (10.7%) 1.30 1,234
2021-10-01 $495,000 (9.5%) $692,353 (9.9%) 1.30 1,258
2021-11-01 $493,696 (4.7%) $707,685 (7.9%) 1.30 1,066
2021-12-01 $492,531 (4.3%) $722,124 (5.4%) 1.31 841
2022-01-01 $494,401 (3.7%) $718,293 (3.9%) 1.32 686
2022-02-01 $488,515 (4.8%) $737,419 (12.4%) 1.24 666
2022-03-01 $498,000 (10.7%) $717,152 (14.9%) 1.23 706
2022-04-01 $525,000 (12.9%) $725,565 (10.3%) 1.24 876
2022-05-01 $550,000 (14.6%) $721,177 (7.3%) 1.23 1,386
2022-06-01 $549,950 (11.7%) $710,993 (1.4%) 1.22 2,021
2022-07-01 $530,000 (7.6%) $677,351 (-0.7%) 1.18 2,857
2022-08-01 $525,500 (6.2%) $663,489 (-2.5%) 1.21 3,124
Colorado Springs's median listing price for 2022-08-01 was $525,500, a difference of $30,500 (6.2%) versus the prior year and $-4,500 versus the prior month.

Colorado Springs's median listing price comes in at 121% of the national average.

Colorado Springs's average listing price for 2022-08-01 was $663,489, a difference of $-16,692 (-2.5%) versus the prior year and $-13,862 versus the prior month.

For the 2022-08-01 period, Colorado Springs had 3,124 MLS listings, a difference of 267 listings (9%) versus the prior month and 1,909 listings (157%) 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 3,102 sqft
2018-02-01 43 days 3,115 sqft
2018-03-01 33 days 3,171 sqft
2018-04-01 29 days 3,110 sqft
2018-05-01 29 days 3,041 sqft
2018-06-01 29 days 2,984 sqft
2018-07-01 32 days 2,874 sqft
2018-08-01 37 days 2,805 sqft
2018-09-01 40 days 2,817 sqft
2018-10-01 46 days 2,866 sqft
2018-11-01 50 days 2,882 sqft
2018-12-01 60 days 2,874 sqft
2019-01-01 63 days 2,919 sqft
2019-02-01 44 days 2,919 sqft
2019-03-01 42 days 2,935 sqft
2019-04-01 32 days 2,941 sqft
2019-05-01 28 days 3,052 sqft
2019-06-01 29 days 3,030 sqft
2019-07-01 32 days 3,060 sqft
2019-08-01 41 days 3,005 sqft
2019-09-01 48 days 2,956 sqft
2019-10-01 45 days 2,935 sqft
2019-11-01 50 days 3,026 sqft
2019-12-01 60 days 3,031 sqft
2020-01-01 63 days 2,972 sqft
2020-02-01 38 days 3,111 sqft
2020-03-01 28 days 3,106 sqft
2020-04-01 31 days 3,117 sqft
2020-05-01 35 days 3,128 sqft
2020-06-01 32 days 3,147 sqft
2020-07-01 35 days 3,136 sqft
2020-08-01 33 days 3,090 sqft
2020-09-01 34 days 2,890 sqft
2020-10-01 32 days 2,796 sqft
2020-11-01 34 days 2,868 sqft
2020-12-01 38 days 2,843 sqft
2021-01-01 35 days 2,763 sqft
2021-02-01 16 days 2,597 sqft
2021-03-01 12 days 2,492 sqft
2021-04-01 11 days 2,635 sqft
2021-05-01 9 days 2,672 sqft
2021-06-01 12 days 2,637 sqft
2021-07-01 15 days 2,606 sqft
2021-08-01 16 days 2,585 sqft
2021-09-01 21 days 2,522 sqft
2021-10-01 24 days 2,508 sqft
2021-11-01 31 days 2,482 sqft
2021-12-01 35 days 2,413 sqft
2022-01-01 35 days 2,397 sqft
2022-02-01 21 days 2,326 sqft
2022-03-01 12 days 2,312 sqft
2022-04-01 10 days 2,509 sqft
2022-05-01 13 days 2,598 sqft
2022-06-01 18 days 2,613 sqft
2022-07-01 25 days 2,550 sqft
2022-08-01 33 days 2,497 sqft
Colorado Springs's median listing age (time on market) for 2022-08-01 was 33 days. This is 113% longer than the same period one year ago.

Colorado Springs's median square footage for active listings during the 2022-08-01 period was 2,497 sqft. One year prior, the average listing was 2,585 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.