Colorado Springs is one of the most military-friendly cities in the country. Here is how veterans can use VA loans to buy a home here.
By Homexa® Team. Published March 13, 2026. Updated September 25, 2026.
Colorado Springs is home to multiple major military installations, including Fort Carson, Peterson Space Force Base, Schriever Space Force Base, the Air Force Academy, and NORAD. The city has one of the highest concentrations of military personnel and veterans in the country, and VA loans are a common and well-understood financing tool throughout the local real estate market.
The Colorado Springs Housing Market for VA Buyers
Colorado Springs offers more affordable prices than Denver while still offering access to mountain recreation, a strong job market, and excellent quality of life. Median home prices in El Paso County are typically $50,000 to $100,000 lower than in the Denver metro, which means VA buyers can get significant purchasing power.
Areas Popular With Military Buyers
Fountain and Security-Widefield are popular communities directly adjacent to Fort Carson, offering affordable housing and short commutes to the post. Woodmen Hills, Falcon, and Peyton to the east are growing communities with newer construction at competitive prices.
Monument, Briargate, and Powers Corridor in the northern part of the city are popular with Air Force Academy and Peterson families.
Understanding the VA Loan Process in Colorado
VA loans in Colorado follow the same federal guidelines as elsewhere, but some nuances are worth knowing. Colorado does not have state-specific restrictions that limit VA loan use. The appraisal process follows VA's Minimum Property Requirements, and the timeline from contract to close is typically 30 to 45 days with a properly organized file.
Colorado Property Tax Exemption for Veterans
Colorado offers a property tax exemption of 50 percent of the first $200,000 of assessed value for veterans with a 100 percent permanent and total disability rating. This is a significant annual savings for qualifying veterans and is something every disabled vet buying in Colorado should know about.
How Homexa® Supports Veterans in Colorado Springs
Homexa® agents in the Colorado Springs area understand VA loan transactions inside and out. From identifying VA-eligible properties to structuring competitive offers that sellers will take seriously, your agent and the Homexa® team are ready to help. Connect with a Homexa® agent in Colorado Springs today.
Frequently Asked Questions
Why do veterans buy homes in Colorado Springs?
Colorado Springs is home to Fort Carson, Peterson Space Force Base, Schriever Space Force Base, the Air Force Academy, and NORAD, and VA loans are a common, well-understood financing tool throughout the local market. It offers more affordable prices than Denver with access to mountain recreation and a strong job market. Homexa® connects Colorado Springs buyers with experienced local agents.
Which Colorado Springs areas are popular with military buyers?
Fountain and Security-Widefield sit directly adjacent to Fort Carson, with affordable housing and short commutes. Woodmen Hills, Falcon, and Peyton to the east are growing communities with newer construction, and Monument, Briargate, and the Powers Corridor in the north are popular near the Air Force Academy and Peterson. Homexa® can connect you with an experienced local agent in Colorado Springs.
How long does a VA loan take to close in Colorado?
VA loans in Colorado follow the same federal guidelines as elsewhere, with no state-specific restrictions that limit VA loan use. The appraisal follows VA's Minimum Property Requirements, and the timeline from contract to close is typically 30 to 45 days with a properly organized file. Homexa® helps buyers find experienced local agents in Colorado.
Does Colorado offer a property tax exemption for disabled veterans?
Yes. Colorado offers a property tax exemption for veterans with a 100 percent permanent and total disability rating, which is a significant annual savings for those who qualify. Homexa® is a simple way to reach an experienced local agent.