Surface carburized steels are extensively utilized in gears due to their exceptional properties. The quality of the carburized layer is crucial in enhancing the contact fatigue and wear resistance of the components. However, the conventional carburizing method takes a long time and induces a carbon emissions problem. In this study, the 18Cr2Ni4WA steel was double tempered (650 °C/4 h) after carburizing at 930 °C and 950 °C. The microstructural evolution, carbide precipitation, and mechanical properties of different carburized layers were analyzed. The results showed that increasing the carburizing temperature can control the microstructure of the carburized layer while reducing the carburizing time by over 60%. The high carbon content improves the strength of the carburized materials at 950 °C, and the inhibition of dislocation motion and grain boundary by the precipitation of more carbides ensures the stability of grain size, maintaining the strength of the materials. The carburized specimens at 950 °C showed an excellent combination of strength and plasticity in different carburized layers due to the variations in solid solution strengthening, dislocation strengthening, precipitation strengthening, and grain boundary strengthening induced by carbon atoms. This study holds significant reference for the advancement of modern steels carburized at high temperatures in a short time.