Bensalem, PA is a great place to buy a home with its current median value of $376,200. This amount is significantly higher than the United States median home value of $338,100. The appreciation rate for housing in Bensalem, PA was also reported to be 11.01%, which is much higher than the U.S. appreciation rate of 8.27%. Therefore, it appears that buying a home in Bensalem, PA can be very beneficial for potential homeowners as it means greater real estate value growth over time.
The median home cost in Bensalem is $376,200. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Bensalem is up 12.4%.
Average Age of Homes
- The median age of Bensalem real estate is 43 years old
The Rental Market in Bensalem
- Renters make up 36.7% of the Bensalem population
- 1.5% of houses and apartments in Bensalem, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.