Belterra vs. Neighbors: Prices and Speed in the Last Six Months

Belterra closed 60 sales in the last six months with a median price of $680,000, outperforming the broader region where the median was $407,250. Homes here sold in just 14 days on average, compared to 56 days across the Unlock MLS region and Hays County. This speed represents a 39% drop in time on market compared to the prior six-month period and a 48% drop compared to the same window last year. ALEX Intelligence analyzed the price-to-list dynamics to show how competitive this segment has become. The median close-to-original list ratio reached 0.98, meaning sellers received 98% of their asking price on average. This is an improvement over the prior period's 0.972 ratio and marks a 0.9% increase compared to last year. Only 65% of homes sold below their original list price, down from 74% in the prior six months and 72% a year ago. When comparing Belterra to its neighbors, the data reveals a distinct premium for this community. The median price per square foot stood at $237, which is higher than the regional average of $204 and the Hays County average of $185. While the median home size was 2,914 square feet, slightly larger than the regional average of 2,026 square feet, the price per foot remains elevated. The market shows resilience with a 3% increase in median price over the prior six months, even as prices dipped 2.5% compared to last year. Current mortgage rates stand at 7.32%, according to the Freddie Mac Primary Mortgage Market Survey for the week of October 22, 2026. This rate environment influences buyer purchasing power, yet the rapid sales velocity suggests strong demand continues to drive activity in Belterra despite higher borrowing costs. Want to see this home? Call or text George at 713.918.9951 for a private showing. 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