Belton Market Recap: Sales Slow, Prices Hold Steady

Belton's real estate market has seen a shift in volume while maintaining price stability over the past six months. Across 92 closed sales, the median home price settled at $339,625, which is down just 0.7% from the prior six-month period and essentially flat compared to the same window last year. The pace of transactions has slowed significantly. While 111 homes sold in the corresponding period twelve months ago, only 92 closed in the current rolling window. This reduction in sales volume coincides with a rise in time on market; homes now sit for a median of 66 days, an increase of 34.7% compared to last year, though this is still faster than the prior six-month average of 85 days. Inventory remains tight relative to demand, with 4.15 months of supply available today. This level suggests a balanced market where neither buyers nor sellers hold a distinct advantage. The median price per square foot has decreased by 7.8% year-over-year to $165, reflecting the larger average home size sold recently, which grew 5.5% compared to last year. ALEX Intelligence analyzed these trends using a rolling six-month window to smooth out seasonal fluctuations. Despite fewer sales and longer listing times, the market has not experienced a price correction, with the median close-to-original list ratio holding steady at 95.8%. The data indicates a cooling in activity rather than a drop in value for Belton homes. Want to see this home? Call or text George at 713.918.9951 for a private showing. Coverage: most home sales in Belton are listed in another MLS, which ALEX does not receive yet. The figures in this post count only sales listed in Unlock MLS (ABOR), so they describe part of the local market, not all of it. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog