Bensalem, PA 19020 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Bensalem, PA—19020

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$428,000

2.7% YoY Growth

Household Income

$80,200

25.4% YoY Growth

Days on Market

38.0% Longer YoY

Home Price Forecast

1.0%

Median Rent

$1,800

2.0% YoY Growth

1-Bed Rent

$1,500

7.5% YoY Growth

2-Bed Rent

$1,820

2.6% YoY Growth

3-Bed Rent

$2,700

4.4% YoY Growth

Home Price Trends — Bensalem, PA

As of May '26, the median home price in Bensalem, PA is $428,000, with a year-over-year change of 2.7%. This indicates that home prices in Bensalem, PA are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$428,000	2.7%
Single Family	$437,000	2.6%
Condos	$330,000	3.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Bensalem, PA

As of July '25, Rentcast reports the average rent in Bensalem, PA is $2,000, with a year-over-year rent change of 2.0%. Per bedroom, the median rent as of July '25 in Bensalem, PA is studios: $2,010, 1-bedrooms: $1,470, 2-bedrooms: $1,890, 3-bedrooms: $2,840, 4-bedrooms: $3,070. The most common rental property sizes in Bensalem, PA are 2-bedroom and 1-bedroom, accounting for 44.3% and 39.5% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,800	$2,000
Studio Rent	$2,010	$2,010
1 Bed Rent	$1,500	$1,470
2 Bed Rent	$1,820	$1,890
3 Bed Rent	$2,700	$2,840
4 Bed Rent	$3,000	$3,070

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% of Rental Stock

Studio

5.7%

1 Bedroom

39.5%

2 Bedrooms

44.3%

3 Bedrooms

8.4%

4 Bedrooms

1.7%

5+ Bedrooms

0.5%

Property Listings — Bensalem, PA

As of May '26, Realtor.com reports that the median days on market for a home in Bensalem, PA is 29. This is a increase of 38.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$487,000	5.0%
Listing Count	118	32.0%
Listings as % of Homes	0.3%	32.0%
Days on Market	29	38.0%

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Demographics — Bensalem, PA

As of the latest ACS Survey released in 2023, Bensalem, PA has a population of 57,100, which has increased by 4.1% over the past 5 years. Bensalem, PA is a moderately popular place for families, as children make up 18.6% of the population. The area has a moderately educated workforce, with 30.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	57,100	4.1%
% Under 18	18.6%	-2.1%
% Seniors	18.2%	13.7%
% WFH	12.3%	310.0%
% w/ College Degree	30.5%	5.2%

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As of the latest ACS Survey released in 2023, Bensalem, PA is a predominantly white area, with 63.3% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Bensalem, PA is hispanic, making up 13.4% of the population. Foreign-born residents account for 19.5% of the population in Bensalem, PA, and this percentage has increased by 1.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	63.3%	-4.1%
% Black	7.0%	-16.7%
% Hispanic	13.4%	31.4%
% Asian	13.3%	7.3%
% Foreign Born	19.5%	1.0%

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Mortgage and Risk — Bensalem, PA

According to HUD data as of 2023, there were 893 mortgage originations in Bensalem, PA, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Bensalem, PA. Investor activity is low, as 2.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	893
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	20.0%

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Rentals and Section 8 — Bensalem, PA

As of 2024, the percent of homes in Bensalem, PA under the Section 8 program is 13.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Bensalem, PA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	1,332
Total Units Section 8	1,277
% Rentals under Section 8	13.1%
% Occupied Section 8	73.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$200	$1,500	$1,700
2 Bedroom	$200	$1,820	$2,020
3 Bedroom	-$270	$2,700	$2,430
4 Bedroom	-$230	$3,000	$2,770

Bensalem, PA—19020

Key Metrics at a Glance

Home Price Trends — Bensalem, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bensalem, PA

% of Rental Stock

Property Listings — Bensalem, PA

Demographics — Bensalem, PA

Race and Ethnicity

Mortgage and Risk — Bensalem, PA

Mortgages

Rentals and Section 8 — Bensalem, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bensalem, PA

Home Price to Income Ratio

Bensalem, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Northeast Philadelphia, Philadelphia, PA

Croydon, PA

Edgewater Park Township, NJ

Feasterville Trevose, PA

Levittown, PA

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.6
Median Home Price	$428,000
Median Household Income	$80,200

Bensalem, PA—19020

Key Metrics at a Glance

Home Price Trends — Bensalem, PA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Bensalem, PA

% of Rental Stock

Property Listings — Bensalem, PA

Demographics — Bensalem, PA

Race and Ethnicity

Mortgage and Risk — Bensalem, PA

Mortgages

Rentals and Section 8 — Bensalem, PA

Section 8 Market Size

Section 8 Opportunity

Affordability — Bensalem, PA

Home Price to Income Ratio

Bensalem, PA — ZIP Code Boundary Map

Nearby ZIP Codes

Northeast Philadelphia, Philadelphia, PA

Croydon, PA

Edgewater Park Township, NJ

Feasterville Trevose, PA

Levittown, PA

Frequently Asked Questions

What is the average home price in Bensalem, PA 19020?

How have home prices in Bensalem, PA 19020 changed over the past year?

What is the home price projection for Bensalem, PA 19020?

What are the demographics of Bensalem, PA 19020?

How long does it take homes to sell in Bensalem, PA 19020?

What is the average rent price in Bensalem, PA 19020?