Welcome to our 19020 real estate data hub, tailored for investors in Bensalem, PA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 19020 in Bensalem, PA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BUCKS COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Bensalem, PA real estate investing. Uncover the wealth of information available, and position yourself for success in the Bensalem property market.
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Location Overview
- Zip Code: 19020
- City: Bensalem
- State: PA
- Metro Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- County Name: BUCKS COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $371,221
- Average Home Price (Single Family Homes): $377,883
- Average Monthly Rental Price (All Types): $1,781
- Price-to-Rent Ratio: 17
- Zillow Projected % appreciation from 4/2023-4/2024: 0.8%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,630
- Average 3 Bedroom Section 8 Rental Rates: $1,980
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 18.98
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 15.62
- Number of Units Offered in Section 8 in the County: 2006
- Number of Occupied Units in Section 8 in the County: 1943
- Percentage of Section 8 Units Occupied in the County: 96.90000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 189.39
- Total % Appreciation since 2000 (Government Data): 147
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.6%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.49%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 27.72%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 39.64%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.83%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.53%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 97.92%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.24%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.31%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 25.72%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%