HUD homes in Colorado Springs and the rest of El Paso County are scarce right now, and that changes how buyers should get ready. On November 4, 2026, El Paso County had 1 HUD home for sale out of 20 in Colorado: a 2021-built house in Fountain listed at $272,000. Buyers ask the same questions about Colorado Springs HUD homes every week: are there any, what do they cost, does a VA loan work, does the $100 down program apply, who bids first, and what to inspect. This guide answers each one.
A HUD home is a one-to-four unit house that had an FHA loan, went through foreclosure, and is now owned by the U.S. Department of Housing and Urban Development. What a HUD home is covers the basics. Only a HUD-registered broker can place a bid. Call or text 303-955-4220.
Are there HUD homes for sale in Colorado Springs right now?
Not inside the city limits on November 4, 2026. The one El Paso County HUD home that day was 7443 Little Chief Ct in Fountain, just south of Colorado Springs.
The count moves fast. Pueblo County went from 8 HUD homes on October 26 to 1 on November 4. New homes list every week, and most sell inside the first month. The El Paso County HUD homes page lists every home in Colorado Springs, Fountain, Security-Widefield, Monument and Peyton, verified against HUD Home Store twice a day. The Colorado HUD inventory report shows live counts by county, city, price and financing code.
What is the Fountain HUD home?
- Address: 7443 Little Chief Ct, Fountain, CO 80817
- Size: 3 bedrooms, 2 baths, 1,623 square feet, built 2021
- List price: $272,000
- Financing code: IN, FHA insured, no required repairs
- Bidding: Extended listing period, open to all bidders, bids open November 5, 2026
A five-year-old HUD home is rare. Most HUD homes in Colorado were built decades ago.
How much do HUD homes near Colorado Springs cost?
The statewide median HUD list price was $239,300 on November 4, 2026. The five HUD homes closest to Colorado Springs ranged from $119,000 to $312,000.
HUD homes nearest Colorado Springs, list prices, November 4, 2026
$312,000
$272,000
$265,000
$239,300
$190,000
$119,000
Green = IN (FHA insured). Blue = IE (FHA insured with repair escrow). Red = UI (uninsured). Gray = statewide median. Homes sell and new homes list daily; the live list is on HUD homes for sale.
List price is HUD’s starting point, not the final price. HUD accepts the bid with the highest net to HUD. A bid under list can win when no one bids higher.
Can I use a VA loan on a Colorado Springs HUD home?
Yes, on most insured homes. A VA loan works on a home coded IN, and often on an IE home when the VA appraisal accepts the condition or the repairs are done. A UI home needs cash, a conventional loan or a renovation loan. VA loans on HUD homes explains the appraisal and the zero-down math.
VA-owned foreclosures are a separate inventory. VA foreclosures in Colorado covers them, and anyone can buy one.
Does the $100 down program work in El Paso County?
Yes, on IN and IE homes. The $100 down program lets an owner-occupant buy with $100 down on an FHA loan. On the $272,000 Fountain home, a standard 3.5% FHA down payment is $9,520. The $100 down program replaces that with $100.
HUD also pays up to 3% of the price toward closing costs when the bid asks for it. On $272,000, that is up to $8,160. CHFA and the county’s down payment assistance program also apply in El Paso County. HUD financing compares FHA, 203(k), CHFA, VA and cash, and the financing codes guide explains IN, IE and UI.
Who can bid first on a HUD home in El Paso County?
Owner-occupants bid first. On insured homes (IN and IE), the owner-occupant exclusive period is 15 days. On uninsured homes (UI), it is 5 days. Investors bid after the exclusive period ends.
The Fountain home is in an extended listing period. It is open to all bidders, and HUD reviews bids daily until it sells. An owner-occupant still certifies they will live in the home for at least 12 months. How to buy a HUD home walks through every step.
How much earnest money and how long to close?
$1,000 on any HUD home above $50,000, and $500 at $50,000 and under. Cash closes in 30 days. Financed purchases close in 45 days. Extensions come in 15-day blocks and cost $375 to $750. Colorado’s HUD asset manager is Raine and Company, which handles the contract and closing for HUD.
What should I inspect on a Colorado Springs HUD home?
HUD sells every home as-is. HUD makes no repairs after the bid. Inspect in this order:
- Roof. Hail is common along the Pikes Peak corridor. Check the age and the claim history.
- Foundation and drainage. Expansive clay soils are common on the Front Range. Look for cracks, sloping floors and grading that sends water toward the house.
- Sewer line. Scope it with a camera on any home older than 30 years.
- Furnace and water heater. Vacant homes sit unheated. Check for freeze damage.
- Radon. Order a radon test. Colorado has high radon levels statewide.
- Well and septic. Homes in Peyton, Black Forest and Florissant often use wells and septic. Order both inspections.
Utilities are often off on a HUD home. Winterized HUD homes explains how your broker gets them turned on for the inspection.
Can a Colorado Springs homeowner behind on an FHA loan avoid foreclosure?
Yes, in many cases. Every HUD home started as an FHA loan that went to foreclosure. An FHA owner who sells before the foreclosure sale can use HUD’s Pre-Foreclosure Sale. The sale must net at least 88%, 86% or 84% of the appraised value, depending on how long the home has been marketed, and the owner can receive up to $3,000 in relocation money. The FHA short sale guide walks through it, and the short sale help page covers every loan type.
How do I hear about the next Colorado Springs HUD home first?
Set an alert. With one or two El Paso County listings at a time, the first buyer ready to bid has the edge. HUD home alerts send the new listing the hour it appears. A pre-approval letter and a HUD-registered broker should be ready before the alert arrives. Find a HUD agent lists every agent in The Kenna Group. Call or text 303-955-4220.
Frequently asked questions about HUD homes in Colorado Springs
Are there HUD homes in Colorado Springs?
On November 4, 2026, El Paso County had 1 HUD home for sale, in Fountain, just south of Colorado Springs. The El Paso County page shows the live count.
How much is the Fountain HUD home?
HUD listed 7443 Little Chief Ct, a 3-bedroom, 2-bath home built in 2021, at $272,000, coded IN for FHA.
Can I buy a Colorado Springs HUD home with $100 down?
Yes, as an owner-occupant on a home coded IN or IE, using an FHA loan.
Can I use a VA loan on a HUD home?
Yes, on most insured homes. The VA appraisal decides whether an IE home’s condition is acceptable.
Can I bid on a HUD home myself?
No. A HUD-registered broker must submit the bid on HUD Home Store.
Where to go next
- El Paso County HUD homes, live
- Every HUD home for sale in Colorado
- Colorado HUD inventory report
- Good Neighbor Next Door
- HUD home FAQs
- HUD listing broker in Colorado
Call or text 303-955-4220. A live person answers.
Written and reviewed by
Brian Lee Burke, Colorado HUD home specialist and team leader
Licensed Colorado real estate professional since 2003 · REALTOR® · Team leader and licensed broker of The Kenna Group at Keller Williams DTC, a group that regularly bids on HUD homes through Keller Williams Realty DTC, LLC, a HUD-registered brokerage · Author of The Real Estate Playbook and Mastering Real Estate. Brian’s full HUD biography.
Last reviewed: November 4, 2026 · Sources: HUD Home Store (hudhomestore.gov) and HUD program guidance, HUD Handbook 4000.1, REcolorado MLS data via kennarealestate.com, and The Kenna Group’s own HUD transaction files.
Contact: call or text 303-955-4220 or homes@kennarealestate.com. During office hours you reach a live local Kenna real estate professional, not a robot or a national call center. Brokerage: Keller Williams Realty DTC, LLC (The Kenna Group is a group of brokers there), 6300 S Syracuse Way, Suite 150, Centennial, CO 80111. Each Keller Williams office is independently owned and operated. The Kenna Group is an independent real estate team and is not affiliated with or endorsed by HUD or any government agency; official property information comes from HUD Home Store. Equal Housing Opportunity.
Free guide, PDF
The Colorado HUD Home Buyer's Playbook
How HUD bidding really works, the nine ways buyers lose, and the bid worksheet. 18 pages, free.
Why you want it before you bid:
- The 15-day owner-occupant window, day by day, so you never miss a deadline
- The net-to-HUD math HUD actually scores, with a one-page bid worksheet
- The nine ways buyers lose a HUD home, and how each one is avoided
Find every home available, not just HUD homes
Advanced home search: every listing on the Colorado MLS, with the full filters, on kennarealestate.com.
Opens kennarealestate.com, The Kenna Group’s full MLS search. HUD homes only? Use the tiles and the map on this site.
Ask us about HUD homes
Tell us what you are working with and we will tell you honestly whether a HUD home is the way to get there. No cost, no obligation, and nobody sells you anything.
Call or text 303-955-4220
A live person answers. Not a robot, not a phone tree.
