Real Estate Market Update for Bensalem, PA

Video: Real Estate Community Tour for Bensalem, PA

See Real estate community tour for Bensalem, PA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 31% from one year earlier, and up 2% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 67%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 200-thousand dollars. The number of units sold increased 48% year-over-year, and increased 6% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Bensalem, PA
Area Information for Bensalem, PA
  • Population: 55,562
  • Median Age: 40.42 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 4
  • Sales Tax: 6%
  • Population Density: 3,223/sq mi
  • Population Change Since 2000: 3.69%
  • Closest Airport: Trenton Mercer
  • Closest College: Philadelphia Biblical University
  • Closest Jr. College: Itt Technical Institute-bensalem
  • Median Household Income: $62,263
  • Annual Residential Turnover: 6%
  • Median Home Sales Price: $215,000
  • Closest Major Sports Team: Trenton Thunder (aa)
  • Change Avg. Household Income Since 2000: 29.9%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Bensalem, PA
Median Age: 40.42 Married: 43% Number of Households: 21,799 Households with Children: 5,708
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Bensalem, PA

      School Name Distance Type Grades School Rating Parent Rating
      Russell C Struble Elementary School 0.1 mi Public K-6 3 0
      St. Thomas Aquinas School 0.5 mi Catholic K-8 0 0
      St. Katharine Drexel School 0.9 mi Private 6-12 0 0
      Little Jems Childrens Center 1.2 mi Private PRESCHOOL-K 0 0
      Benjamin Rush Elementary School 1.3 mi Public K-6 1 0
      Robert K Shafer Middle School 1.3 mi Public 7-8 3 0
      Cecelia Snyder Middle School 1.3 mi Public 7-8 2 0
      De La Salle Vocational School 1.3 mi Catholic UNGRADE-UNGRADE 0 0
      Bensalem Twp High School 1.4 mi Public 9-12 3 4
      Maple Shade El School 1.6 mi Public K-6 3 0
      Just Children 1.6 mi Private PRESCHOOL-K 0 0
      St Ephrem School 1.9 mi Catholic K-8 0 0
      Holy Ghost Prep 2.0 mi Catholic 9-12 0 5
      School Lane Cs 2.0 mi Public K-8 3 0
      Cornwells Elementary School 2.1 mi Public K-6 3 0
      Philadelphia Christian Center Academy 2.3 mi Private K-8 0 0
      Kingdom Academy 2.5 mi Private PRESCHOOL-5 0 0
      Judy Sare Preschool & Kindergarten 2.6 mi Private PRESCHOOL-K 0 0
      St Charles Borromeo School 2.7 mi Catholic PRESCHOOL-8 0 0
      Christian Life Academy Of Early Learning 2.7 mi Private PRESCHOOL-K 0 0
      Bensalem Baptist School 2.8 mi Private PRESCHOOL-12 0 0
      Samuel K Faust Elementary School 2.9 mi Public K-6 1 0
      Valley Elementary School 3.1 mi Public K-6 3 0
      Belmont Hills Elementary School 3.3 mi Public K-6 4 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for Bensalem, PA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.