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Gallows Hill Homes for Sale

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  • 28 Bow St, Salem, MA 01970
    28 Bow St, Salem, MA 01970
    28 Bow St, Salem, MA 01970
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    $600,000 Open Thu 5PM - 6:30PM

    • 4 Beds
    • 2.5 Baths
    • 2,128 Sq Ft

    28 Bow St, Salem, MA 01970

    Opportunity Knocks! Two-Family on the Peabody/Salem Line. Investors, contractors, and savvy buyers – bring your vision to this two-family home ideally located on the Peabody/Salem line. This property offers tremendous potential with solid bones and expansion potential, perfect for rental income, multigenerational living, or future resale. Each unit features spacious rooms, high ceilings, and

    steven mallia RE/MAX Beacon

    28 Bow St, Salem, MA 01970
  • 30 Hanson St, Salem, MA 01970
    30 Hanson St, Salem, MA 01970
    30 Hanson St, Salem, MA 01970
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    $620,000

    • 4 Beds
    • 3 Baths
    • 2,390 Sq Ft

    30 Hanson St, Salem, MA 01970

    Spacious multi-level Colonial style home with close proximity to town and train and historic attractions features three levels of living plus a partially finished walk up attic and fenced in rear yard. There is a full bath on each level. Garage under/attached. Mini splits for AC and added heat source. Solar panels (Leased, to be transferred to new owner). Set up could allow for multi

    Sarah MacBurnie Liporto Ocean's Edge Real Estate

    30 Hanson St, Salem, MA 01970
  • 5 Bow St, Salem, MA 01970
    5 Bow St, Salem, MA 01970
    5 Bow St, Salem, MA 01970
    /42

    $599,900

    • 4 Beds
    • 1.5 Baths
    • 1,607 Sq Ft

    5 Bow St, Salem, MA 01970

    Solid and well maintained 1880 antique Cape on the Salem/Peabody line with easy access to major routes. This 4-bedroom, 1.5-bath home combines historic character with thoughtful updates. Beautiful original pine floors add warmth and charm throughout. The bright eat-in kitchen features stainless appliances, a walk-in pantry, and ample cabinet & counter space. The recently renovated finished

    Mark Wade Coldwell Banker Realty - Marblehead

    5 Bow St, Salem, MA 01970
  • 124 Boston St, Salem, MA 01970
    124 Boston St, Salem, MA 01970
    124 Boston St, Salem, MA 01970
    /37

    $899,000

    • 3 Beds
    • 3 Baths
    • 2,717 Sq Ft

    124 Boston St, Salem, MA 01970

    Mixed-Use Gem in Prime Salem Location! Welcome to 124 Boston Street, a beautifully renovated mixed-use property located in vibrant Salem. This versatile building offers strong investment potential and the perfect blend of residential and commercial space, ideal for owner-occupants or investors alike.The property features two updated residential units: a spacious 1-bedroom, 1-bathroom apartment

    Kevin Farrar Atlantic Coast Homes,Inc

    124 Boston St, Salem, MA 01970
  • 8 Scotia St, Salem, MA 01970
    8 Scotia St, Salem, MA 01970
    8 Scotia St, Salem, MA 01970
    /42

    $525,000

    • 4 Beds
    • 1 Bath
    • 1,330 Sq Ft

    8 Scotia St, Salem, MA 01970

    MOTIVATED SELLERS SCHEDULE YOUR SHOWINGS TODAY! Come see this sun drenched house on a quiet cul de sac in the desirable Witchcraft Heights/ Gallows Hill area. With four bedrooms and a quaint fenced in yard, it’s perfect for you and your furry friends. The property features a large unfinished basement for storage and two off street parking spots with plenty of street parking available for guests.

    Michelle Bettencourt Nina-Soto Realty, LLC

    8 Scotia St, Salem, MA 01970
Massachusetts Essex County Salem Gallows Hill

Real Estate & Homes for Sale in Gallows Hill, Salem

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.
Learn more about living in Gallows Hill

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 6.72%, 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?
The most popular zip codes in Gallows Hill, Salem, MA include 01970, 01960, 01915, 01945 and 01923.
What are the most popular neighborhoods near Gallows Hill, Salem, MA?
The most popular neighborhoods near Gallows Hill, Salem, MA are Witchcraft Heights, Peabody Town Center, North Salem, Downtown Salem and Castle Hill.

Home Trends in Gallows Hill, MA

On average, homes in Gallows Hill, Salem sell after 39 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.

Housing Trends

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
$302
Number of Homes for Sale
6
Last 12 months Home Sales
26
Months of Supply
2.80
Median List Price
$389,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-12%
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