Why Live in Gallows Hill
Gallows Hill in Salem offers a suburban atmosphere with a mix of Colonial Revival and Cape Cod-inspired homes, many of which were built between the 1850s and 1950s. The neighborhood features a range of housing options, including two-family houses and townhomes, creating a dynamic living environment. Gallows Hill Park, the largest green space in the area, includes a playset, two baseball diamonds, a basketball court, and the Ryan Brennan Memorial Skate Park. Nearby, Splaine Park offers additional recreational facilities, including a baseball diamond, basketball court, and a unique playset integrated into the hilly terrain. Dining and shopping are conveniently close, with local favorites like Black Cat Diner and Far From the Tree cidery, as well as a Stop & Shop and Hawthorne Square shopping center less than 2 miles away. Gallows Hill is also near downtown Salem, making it easy for residents to participate in annual events such as the Halloween Happenings Grand Parade and the city's Christmas tree lighting. Highland Avenue provides access to other coastal Massachusetts cities, while the Salem commuter rail station, just a mile away, offers public transportation options. For longer trips, Boston Logan International Airport is 18 miles away. The neighborhood is safer than the national average, contributing to its appeal for families and commuters alike.
Frequently Asked Questions
Is Gallows Hill a good place to live?
Gallows Hill is a good place to live. Gallows Hill is considered somewhat walkable and somewhat bikeable with some transit options. Gallows Hill has 4 parks for recreational activities. It has a median age of 39. The average household income is $88,616 which is below the national average. College graduates make up 42.1% of residents. A majority of residents in Gallows Hill are home owners, with 48% of residents renting and 52% of residents owning their home. A
local real estate agent serving Gallows Hill can help you decide if this neighborhood is the right one for you. Learn more on our
Gallows Hill neighborhood guide.
How much do you need to make to afford a house in Gallows Hill?
The median home price in Gallows Hill is $389,900. If you put a 20% down payment of $78,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Gallows Hill. The average household income in Gallows Hill is $89K.
What are the best public schools in Gallows Hill?
The best public schools that serve Gallows Hill are:
What are the best private schools in Gallows Hill?
The best private schools that serve Gallows Hill are:
What are the most popular zip codes in Gallows Hill, Salem, MA?
What are the most popular neighborhoods near Gallows Hill, Salem, MA?
Home Trends in Gallows Hill, MA
On average, homes in Gallows Hill, Salem sell after 37 days on the market compared to the national average of 70 days. The median sale price for homes in Gallows Hill, Salem over the last 12 months is $385,000, down 12% from the median home sale price over the previous 12 months.
Median Sale Price
$385,000
Median Single Family Sale Price
$385,000
Median 2 Bedroom Sale Price
$199,900
Median 1 Bedroom Sale Price
$595,000
Average Price Per Sq Ft
$303
Number of Homes for Sale
6
Last 12 months Home Sales
26
Median List Price
$389,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-12%