High temperature can cause serious damage to building structures, so it is important in order to re-evaluate the residual properties of radiation shielding concrete (RSC) exposed to elevated temperatures for ensuring security of medical, industrial and defense building structures. Thus, the deterioration of the mechanical, γ-ray shielding properties and acoustic emission characteristics of barite concrete (BC) and magnetite concrete (MC) exposed to elevated temperatures were studied. Research indicated that the performance of aggregates played a crucial role in the thermal stability, residual physical and mechanical properties of concrete exposed to elevated temperatures. BC was subjected from bursting and even spalling at 300 °C, while its physical and mechanical properties deteriorated drastically. However, MC still had favorable integrity and relatively high residual mechanical properties at 800 °C. The maximum deterioration temperature of BC exposed to elevated temperatures occurred at about 300 °C, while that of MC occurred at 450–600 °C. The degradation of the γ-ray shielding properties of RSC exposed to elevated temperatures was significantly lower than its mechanical properties.