$519,000
- 2 Beds
- 2 Baths
- 1,367 Sq Ft
50 Freedom Hollow Unit 407, Salem, MA 01970
Elizabeth Guenard Compass
Frequently Asked Questions
Is Vinnin Square a good place to live?
Vinnin Square is a good place to live. Vinnin Square is considered somewhat walkable and somewhat bikeable with some transit options. Vinnin Square has 3 parks for recreational activities. It has a median age of 47. The average household income is $104,351 which is above the national average. College graduates make up 45.9% of residents. A majority of residents in Vinnin Square are home owners, with 43.8% of residents renting and 56.2% of residents owning their home. A local real estate agent serving Vinnin Square can help you decide if this neighborhood is the right one for you. Learn more on our Vinnin Square neighborhood guide.
How much do you need to make to afford a house in Vinnin Square?
The median home price in Vinnin Square is $469,900. If you put a 20% down payment of $94,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,430 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $104K a year to afford the median home price in Vinnin Square. The average household income in Vinnin Square is $104K.
What are the best public schools in Vinnin Square?
The best public schools that serve Vinnin Square are:
- Swampscott High School has an A- Niche grade, a student teacher ratio of 11:1 and an average review score of 3.7.
- Swampscott Middle School has a B+ Niche grade, a student teacher ratio of 11:1 and an average review score of 4.3.
- Salem High School has a B- Niche grade, a student teacher ratio of 9:1 and an average review score of 3.6.
What are the best private schools in Vinnin Square?
The best private schools that serve Vinnin Square are:
- Tower School has an A+ Niche grade, a student teacher ratio of 6:1 and an average review score of 5.0.
- Epstein Hillel School has a student teacher ratio of 4:1.
- Devereux School has a student teacher ratio of 7:1.
What are the most popular zip codes in Vinnin Square, Salem, MA?
What are the most popular neighborhoods near Vinnin Square, Salem, MA?
The most popular neighborhoods near Vinnin Square, Salem, MA are South Salem, Highland Avenue, Castle Hill, Witchcraft Heights and Eastern Avenue.
Are home prices dropping in Vinnin Square?
Yes, home prices in Vinnin Square are down 27% in the last 12 months.
