Belterra Entry-Level Homes: Affordability Check for November

What does it take to buy an entry-level home in Belterra today? The median price for the bottom quartile of sales stands at $690,650 across 56 closed sales in the rolling six months ending October 31, 2026. This figure represents the affordability threshold for buyers entering this market segment. ALEX Intelligence applied a payment-to-price affordability index using current financing terms to evaluate buying power. With a median sale price of $690,650 and a 7.18% interest rate on a 30-year fixed mortgage, a buyer putting 20% down faces a principal and interest payment of $3,743 per month. This calculation assumes standard financing and excludes taxes or insurance. The market shows resilience despite higher rates. Median days on market have dropped to 18 days, a 25% improvement over the prior six-month period, indicating that entry-level homes are moving quickly. However, the median price is down 4.7% compared to the same window last year, suggesting some price adjustment has occurred. Buyers should note that 69.6% of these sales closed below the original list price, reflecting a market where negotiation remains relevant. The average home size in this tier is 2,866 square feet, up slightly from the prior period. While rates remain elevated, the combination of lower prices and faster turnover creates a specific window for qualified buyers to secure entry-level inventory in Belterra. 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