FMLS Residential · neighborhood

Casteel

Neighborhood series. Most months are too thin for a median. 48 closings in the last 12 months. Use Bethlehem as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 8 active · 0 under contract · 3 pending. Total residential listings by status: 11.

Data confidence: Moderate. 48 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

12-month closings48Enough to sketch a range
12-month median$387,415Volume-weighted, not one month
12-month $/SF$170Better than the median here
Live active81.3 months of supply
12-month DOM3327.1% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 48 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Bethlehem, then adjust for this subdivision’s size, age, and condition.
  • 8 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Casteel, Bethlehem →

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-4.0%$379,200 vs $395,000 FMLS-wide
$/SF-12.0%$164 vs $187 FMLS-wide
DOM+38%46 days vs 33 FMLS-wide
Sale/list-1.4 pts97.4% vs 98.8%
Seller-leaning

1.3 months of supply on last month’s pace (8 active ÷ 6 closings). 2.0 months on the trailing-12 pace (average 4 closings a month). These are different windows.Sellers have leverage on well-priced homes. 66.7% of last month’s closings were below list. Days on market are up 139% from a year ago.

Homes for sale in Casteel, Bethlehem →

How homes actually closed

Based on 6 closings. One sale moves these percentages by 17 points. Read the direction, not the exact share.

Above list16.7%More than 1% over list
At list16.7%Within 1% of list
Below list66.7%More than 1% under list
Price reduced50.0%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.383 pending ÷ 8 (active + under contract)
New / closed0.332 listed in 30 days vs 6 closed

If you own in Casteel

Moderate confidence. 48 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $387,415.
  • Start with Bethlehem, then adjust for lot, size, age, and condition.
  • 8 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Casteel, Bethlehem →
  • Homes that sold in the last year took about 33 days. If you list, price to the 12-month $/SF ($170), not a single recent sale.

What this means if you are listing in Casteel

  • Price to the 12-month median and $/SF ($387,415, $170), not last month and not the FMLS-wide number. Then check it against Bethlehem.
  • 1.3 months of supply on last month’s pace. Homes that sold in the last year took about 33 days. Longer than the 12-month DOM usually means the price is high.
  • 27.1% of the last 12 months’ closings were below list. 39.6% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Casteel, Bethlehem →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 39.6% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Bethlehem, then this subdivision’s 12-month $/SF.
  • Last month had 6 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Casteel, Bethlehem →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
$300–500k11100.0%

Property types

TypeListedMedian ask
Single Family Residence11$384,990

8 active, 0 under contract, 3 pending. 2 new in the last 30 days.

Median close price

Median close price · 2024-05 – 2026-09
2024-052026-09

Monthly series

Most recent months first. Neighborhood medians show with 1+ closings. One sale moves the number; use the 12-month figure for context.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20266$379,200$1644697.4%66.7%50.0%
Aug 20264$395,495$17317100.0%25.0%25.0%
Jul 20262$387,495$16216100.0%0.0%50.0%
Jun 20261$387,000$1421798.3%100.0%100.0%
May 20265$379,000$17726100.0%20.0%60.0%
Apr 20264$387,995$18151100.0%25.0%25.0%
Mar 20263$385,000$14611100.0%0.0%33.3%
Feb 20264$395,490$16537100.0%0.0%25.0%
Dec 20254$393,490$16936100.0%0.0%50.0%
Nov 20256$378,990$16736100.0%16.7%50.0%
Sep 20254$397,490$1731399.3%50.0%0.0%
Aug 20255$390,990$18754100.0%40.0%40.0%
Jul 20253$411,990$18119100.0%33.3%0.0%
Jun 20255$399,990$17127100.0%20.0%0.0%
May 20257$409,990$17622100.0%0.0%14.3%
Apr 20251$408,990$1801100.0%0.0%0.0%
Mar 20254$392,490$16625100.0%25.0%25.0%
Feb 20257$359,990$1554100.0%14.3%14.3%
Jan 20255$382,990$1673294.1%80.0%0.0%
Dec 20244$358,784$1583191.6%50.0%25.0%
Nov 20244$417,990$1928100.0%0.0%25.0%
Oct 20242$430,490$17532100.0%0.0%0.0%
Sep 20244$386,490$16720100.0%0.0%25.0%
Aug 20244$413,990$18032100.0%0.0%50.0%

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Bethlehem city trends →

Homes for sale in Casteel, Bethlehem → · ← FMLS report