Why the Most Expensive House in Belton, Texas is Perfect For Parties

We all know house prices are constantly rising, but that doesn't stop anyone from looking, right? It's always fun to check out gorgeous properties and plan your dream home.

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If you've got $25 million handy, there's a property in Belton that will tick all the boxes on your wish list!

House Prices in Texas

In 2022, the median sales price of Texas homes rose over $325,000 during the first three months of the year.

That's quite a jump, compared to the same period in 2021. In fact, it's an increase of 18.6%, based on the 2022-Q1 Texas Quarterly Housing Report released by Texas Realtors, according to PR Newswire.

Median Price vs Average Price

When looking for houses, you really need the median price for the particular neighborhood you want.

Here's why: median is regarded as the more useful of the two ways of looking at prices. The Balance explains that's because an average price can be wildly different from the median price, based very high or extremely low sales in the same area.

For example, assume the average price in a neighborhood was $498,000. You might decide it's over your budget, and look elsewhere. However, that amount is also based on most area houses selling for the low $100,000s, with two sold at the high end (seven figure sales), increasing the overall average number. The median, or middle listing amount, would be much lower, and more likely to be in your price range.

The Most Expensive House in Belton, Texas

Let's take a look one of the most expensive properties in Central Texas, and the one with the highest list price in Belton.