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HUD Homes for Sale in Colorado

9 Colorado HUD homes for sale this week, $136K to $540K: the median HUD homes for sale in Colorado lists at $225K, most often 3-bedroom. 4 of the 9 sampled are condos or townhomes. Call or text 303-955-4220. A live person answers.

HUD Homes for Sale in Colorado

9 Properties Found
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Colorado HUD Home Market Statistics

9
Homes Listed
49
Avg. Days on Site
$199
Avg. $ / Sq.Ft.
$260,033
Med. List Price

HUD homes in Colorado: the numbers this week

Three numbers frame HUD homes in Colorado: the median list price ($225K), the price per square foot ($184) and the HOA (median $530 a month). 9 are for sale today from $136K to $540K; everything below comes from this week's listings.

HUD homes in Colorado this weekNumber
For sale9
Price range$136K to $540K
Median list price$225K
Median price per square foot$184
Size range741 to 1,881 sq ft
Listings with an HOA5 of 9 sampled (median $530/mo)
Condos and townhomes4 of 9 sampled
Wider searchAll Colorado homes for sale
HUD homes in Colorado by price1Under $175K2$175K to $200K1$200K to $225K1$225K to $250K2$250K to $350K2Over $350K
4 of the 9 sampled sit in the lower half of the range.
HUD homes in Colorado by bedrooms1Studio or 1 bed22 beds53 beds14 beds
3 beds is the most common listing this week.
HOA on HUD homes in ColoradoWith a monthly HOA5No HOA4

HUD homes in Colorado by ZIP code

HUD homes by ZIP code805142808082800131800311802351802471808211

What the median HUD home in Colorado costs per month

Median Colorado HUD homes home, $225K, 5% down, 7% note rate: about $2,210 a monthPrincipal and interest$1,422Property tax (about 0.55%)$103Homeowners insurance$66Mortgage insurance (5% down)$89HOA (median)$530A seller-paid 2-1 buydown takes year one to 5%: $1,147 principal and interest, $275 a month less.
Taxes, insurance, mortgage insurance and the HOA add about $788 a month to the note on the median Colorado HUD homes home. Can I afford a home now? runs your own numbers.

How a HUD home is bought in Colorado

Who can bid first

Owner-occupants get the first 30 days

HUD lists a home for an exclusive period for buyers who will live in it; investors bid after that window closes. The listing date sets the clock.

Sold as-is

No repairs, one inspection window

HUD does not fix anything. The FHA appraisal decides whether the home qualifies for FHA financing as-is (IN), needs escrowed repairs (IE), or goes conventional or cash (UI).

The $100 down program

FHA, $100 down, owner-occupant

On HUD homes financed with FHA, an owner-occupant bids with $100 down instead of 3.5 percent when the program is active on that listing. Closing costs up to 3 percent are part of the bid.

Bid with a registered agent

HUD pays the buyer agent

Bids go in through a HUD-registered broker; the Kenna Real Estate Group is registered. Denver HUD Homes is our site with every Colorado HUD listing, the bid steps, the maps and the financing codes decoded.

HUD homes for sale by Colorado city this week

CityHUD homes listedPrice rangeHomes for sale
Dacono2$250K to $255KDacono homes for sale
Calhan2$360K to $540KCalhan homes for sale
Denver2$180K to $225KDenver homes for sale · Denver HUD homes, bid by bid
Westminster1$194KWestminster homes for sale · Westminster HUD homes, bid by bid
Hugo1$200KHugo homes for sale
Aurora1$136KAurora homes for sale · Aurora HUD homes, bid by bid

Questions people ask about HUD homes in Colorado

How many HUD homes are for sale in Colorado right now?

9 on the MLS this week, $136K to $540K, median $225K. HUD inventory is small in Colorado, so a good week is ten to twenty listings statewide; the grid above refreshes daily and the HUD homes map shows each one with its bid deadline.

What is a HUD home?

A home that had an FHA-insured mortgage, went through foreclosure, and is now owned by the U.S. Department of Housing and Urban Development, which sells it through registered brokers on a bid system rather than a normal listing.

Can an investor buy a HUD home in Colorado?

Yes, after the owner-occupant exclusive period (30 days on most listings) if the home is still unsold. Investors pay cash or use conventional financing; the $100 down program is for owner-occupants only.

Do HUD homes sell below market value?

The list price is HUD’s appraised value, and bids come in at, above or below it; HUD reviews net proceeds and accepts bids that meet its threshold, which moves lower the longer a home sits. As-is condition and the repair escrow decide whether the price is a bargain. More: Is a HUD home a good deal?

How do I bid on a HUD home?

Get pre-approved (FHA if you want the $100 down option), tour with a HUD-registered agent, then the agent submits the bid on HUD’s system by the deadline with your earnest money. HUD answers within two business days. More: How to buy a HUD home, step by step.

What financing works on a HUD home?

FHA on homes coded IN or IE, conventional or cash on any, VA where the home passes the VA appraisal, and the FHA 203(k) rehab loan when repairs exceed the escrow limit. More: Financing a Colorado home.

New listings the day they hit

Text COLORADO and what you are looking for to 303-955-4220. A live person answers, sets up the saved search and sends the disclosures on any HUD homes you want to see.

Call or text 303-955-4220 Search all Colorado homes