The story of this market
The typical home in ZIP 19020 sells for about $450,000, or $235 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,622 a month.
ZIP 19020 — Bensalem
The housing market in 19020 shows steady activity with a median price of $450,000 and a low supply of one month, indicating a competitive environment for buyers. While inventory remains tight, the market is supported by consistent demand and proximity to major employment centers. Figures for specific tax and permit metrics were not available at the ZIP level and are omitted.
This ZIP is well-suited for commuters and families seeking a balance between suburban living and access to major employment hubs in Philadelphia and New Jersey, offering a diverse range of housing types from townhomes to single-family residences.
Median prices moved up 5.2% year over year.
Homes spend a median of 34 days on market with 1.0 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 13.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 19020, Bucks County PA
Bensalem experiences crime rates generally consistent with suburban Philadelphia averages, with property crime being the primary concern. Local law enforcement maintains active community policing initiatives to address regional trends.
The area is served by the Bensalem Township School District, which provides a range of public education options; school performance varies by individual campus, with many schools maintaining stable state accountability ratings.
The region is subject to standard flood risks associated with the Delaware River basin and requires standard homeowners insurance coverage for wind and storm events.
Economic momentum is driven by the area's proximity to the Philadelphia employment core and significant retail and commercial development along the Route 1 and I-95 corridors.
Property taxes are levied by Bucks County, Bensalem Township, and the Bensalem Township School District; the area utilizes a standard millage rate system based on assessed property values.
Residents benefit from direct access to I-95, the Pennsylvania Turnpike, and US Route 1, providing efficient transit to Philadelphia and Trenton; regional rail service is available via SEPTA.
The area features numerous local parks, including Neshaminy State Park along the Delaware River, and offers extensive shopping and dining options at the Neshaminy Mall and surrounding retail centers.
The rental market is characterized by steady demand and low vacancy rates, supported by a mix of apartment complexes and single-family rentals; rent growth has remained moderate.
The local economy is anchored by retail, hospitality, and logistics sectors, benefiting from its strategic location between Philadelphia and Trenton.
The area is highly accessible via I-95, the PA Turnpike, and SEPTA regional rail, facilitating a strong commuter base.
Development is focused on mixed-use revitalization of older commercial corridors and residential infill projects.
Bucks County utilizes a county-wide assessment system with periodic reassessments to maintain tax equity.
Parcels are subject to Bensalem Township School District taxes and various municipal utility authorities.
Property insurance premiums are stable but reflect regional exposure to storm-related risks.
Data retrieved from US Census Bureau ZCTA 19020 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Features riverfront access, picnic areas, and boat launches.
Major regional retail anchor with diverse dining and entertainment.
Major regional gaming and entertainment venue.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).