Belton Entry-Level Homes: Can Buyers Afford Them?

Can buyers in Belton afford entry-level homes right now? The median price for the bottom quartile of sales is $310,000 across 87 closed sales in the rolling six months ending October 31, 2026. With a current mortgage rate of 7.18% from the week of November 5, 2026, monthly payments are significantly higher than in previous years. ALEX Intelligence calculated affordability based on a standard 20% down payment and principal-and-interest costs only. At this price point and rate, the baseline monthly payment is $1,680. To make these homes more accessible, sellers or builders often offer buydowns. A common 3-2-1 buydown would cost approximately $11,460, reducing the first-year rate to 4.18% and lowering the monthly payment to $1,210. A less aggressive 2-1 buydown costs about $5,820, dropping the first-year rate to 5.18% with a $1,359 monthly payment. The market shows signs of cooling for entry-level buyers. The median price has dropped 8.5% compared to the prior six-month period and is down 6.1% from the same window last year. While prices are lower, the high interest rate environment remains a primary hurdle for affordability in this segment. DATA NEEDED Want a closer look? Reply or call George at 713.918.9951 and we'll set up a 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