Bensalem Real Estate & Homes for Sale in Pennsylvania
Sandwiched between Philadelphia to the west and the rest of Bucks County to the east and northeast, this scenic township is replete with covered bridges, lush parks and flowing rivers. Bensalem is home to 63,693 residents who live in a number of smaller, unincorporated communities. The township boasts a strong industrial base, a population committed to traditional values and a progressive outlook. Located just northwest of Croydon, Bensalem has easy access to several key thoroughfares, including Interstate 95, U.S. routes 1 and 13, the Lincoln Highway and the eastern portion of the Pennsylvania Turnpike. Three of Bensalem's boundaries are water: the Poquessing and Neshaminy creeks and the Delaware River. The city's economy is on the rise, with companies like Amtrak and General Motors located in the Enterprise Zone of Bucks County. Bensalem offers several fine options for education. Six elementary schools, three junior high schools, one high school, one alternative school and ITT Technical College are within driving distance. Recreational opportunities are diverse, ranging from horseback riding to golf. If a nature hike is of interest, the Neshaminy State Park, Community Park, Central Park and Yezzi Park are all located in the Bensalem area. Another major local attraction is Philadelphia Park Racetrack, which hosts horseracing as well as a number of other events. Each fall, Bensalem celebrates community pride at the Bensalem Fall Festival. Bensalem real estate is affordable, with single-family homes, townhouses and condominiums all available at reasonable prices.
The Bensalem real estate market offers single-family homes, condominiums, townhouses and lots for custom building. Single-family homes for sale are priced from $100,000 to $400,000 and more for large estate properties. Townhouses and condominiums are priced from $150,000 to $200,000. Many homes are graced with scenic views of the wooded areas of lovely town. There are also waterfront properties located next to the river. Some homes feature hot tubs, fireplaces, patios and swimming pools. Lots for custom building are priced under $100,000. The Croydon housing market consists of single-family homes. Homes for sale are priced from the low $100,000s to the low $200,000s.
Bensalem Real Estate Stats and Trends for the week of April 21st, 2020: homes priced around $317,203 compared to $317,203 the previous week, to remain steady with no change in listing price. For Tuesday, April 21st, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.