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Condos for Sale in Oak Grove / Pine Banks, Melrose

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Overview
Market Summary
1 Bedroom Condos
2 Bedroom Condos
3+ Bedroom Condos
Pet-Friendly Condos
Neighbourhood
Demographics

About Oak Grove / Pine Banks

Oak Grove / Pine Banks is a charming neighborhood in Melrose, Massachusetts. The area offers a friendly community feel and is a great place for families and individuals alike. With various shops and services, residents find what they need close by. All around, tree-lined streets create a pleasant atmosphere. The location provides easy access to larger nearby cities, ensuring convenience for daily life. Units with 1–3 bedrooms (one-bedroom 657.0 - 657.0 sq ft, two-bedroom 822.0 - 1288.0 sq ft, three-plus 1734.0 - 2080.0 sq ft) fit a range of needs.

Oak Grove / Pine Banks Market Summary

The condo mix runs from luxury high-rises to restored mid-rises, many with bay or ocean views, concierge, pools, and fitness centers.

Average Condo Sizes

1 Bedroom avg size657 sqft

2 Bedroom avg size1120 sqft

3 Bedroom avg size1849.33 sqft

Pricing and Liquidity

No price and liquidity data available.

1 Bedroom Condos

AVG PPSF$578.39 /sqft

AVG SOLD PRICE$380,000

AVG DAYS ON MARKET47 Days

Oak Grove / Pine Banks features many 1-bed condos. Currently, these units typically measure 657 sq ft and are priced around $380,000. Most condos sit close to public transportation, with bus stops located just a short walk away. The area has charming stone sidewalks lined with old trees, offering a pleasant environment. Residents often find convenient corner stores nearby, which give access to daily necessities. Along the streets, there are crosswalks and benches, providing safe spots to rest. A majority of these condos remain on the market for about 47 days before finding new owners. The cost per square foot for these condos stands at approximately $578, making them a notable choice in this neighborhood.

Featured Buildings

Melrose Crossing

306 MAIN STREET,MELROSE,MA

0 unit available

306 Main St

306 MAIN ST,MELROSE,MA

0 unit available

View 1-Bedroom Condos

2 Bedroom Condos

AVG PPSF$502.71 /sqft

AVG SOLD PRICE$541,333.33

AVG DAYS ON MARKET58 Days

Oak Grove / Pine Banks features a variety of 2-bed condos. Currently, these units range in size from 822 sq ft to 1288 sq ft. Numerous corner stores and restaurants exist within walking distance, along with well-kept stone sidewalks lining the streets. Bus stops located on nearby intersections offer easy access to public transport. A 2-bed condo typically sells for about $541,334. Often, these condos remain on the market for 58 days before they find new owners. Residents enjoy the shade provided by old trees while walking to neighborhood parks or benches that dot the sidewalks. This area combines living convenience with a charming suburban environment.

Featured Buildings

184 Sylvan St

184 SYLVAN ST,MELROSE,MA

0 unit available

190 Sylvan St

190 SYLVAN ST,MELROSE,MA

0 unit available

12 Mount Vernon St

12 MOUNT VERNON ST,MELROSE,MA

0 unit available

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3+ Bedroom Condos

AVG PPSF$457.92 /sqft

AVG SOLD PRICE$841,166.67

AVG DAYS ON MARKET61 Days

Oak Grove / Pine Banks features numerous 3-bed condos that range from 1,734 to 2,080 sq ft. Local amenities include convenient bus stops and corner stores, which enhance daily living. Wide stone sidewalks and mature trees add charm to the neighborhood. Average pricing for these condos rests at approximately $841,167. Many of these properties spend around 60 days on the market before finding new owners. Streetlights illuminate the area, ensuring safety for evening strolls. Nearby parks and benches provide spaces for relaxation and leisure activities. Such engaging surroundings contribute to the appeal of Oak Grove / Pine Banks living.

Featured Buildings

28 Chestnut St

28 CHESTNUT ST,MELROSE,MA

0 unit available

182 Linwood Ave

182 LINWOOD AVE,MELROSE,MA

0 unit available

View 3+ Bedroom Condos

Pet-Friendly Condos

Unable to find pet-friendly condos in Oak Grove / Pine Banks.

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The Neighbourhood: Oak Grove / Pine Banks

Oak Grove / Pine Banks is a park-centered neighborhood. The area has large parks and scenic, tree-lined streets for walking and biking. It has playgrounds, sports fields, small community gardens, and picnic spots. Small shops, coffee shops, and local restaurants sit near grocery stores, a community library, and nearby schools. Community events take place at park pavilions and town halls. Regional transit and main roads give easy access to nearby towns and to commuter rail connections for work. The district also has bike lanes and sidewalks for short trips.

Demographics

Average Resident age40 years old

Average household Income$95,976 /year

Average HouseHold Composition2 People

What to know about Oak Grove / Pine Banks demographics:

Many people, about 29.2%, have a Bachelor's degree, showing that education is important in this community.
The average age of residents is around 40 years old, which attracts many working professionals and families.

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Frequently Asked Questions about Oak Grove / Pine Banks

What is it like to live in Oak Grove / Pine Banks, Melrose, MA?

Oak Grove / Pine Banks offers a mix of suburban comfort and access to natural spaces. Residents enjoy parks and easy transportation options. The community has a friendly atmosphere, with local shops and dining nearby.

Is Oak Grove / Pine Banks, Melrose, MA expensive?

Oak Grove / Pine Banks is considered moderately priced compared to nearby areas. The housing market includes both single-family homes and multi-family units. Prices can vary based on the home's size and location within the neighborhood.

What is the weather of Oak Grove / Pine Banks, Melrose, MA?

Oak Grove / Pine Banks experiences cold winters with snowfall. Summers are warm and can be humid. Spring and fall provide mild and pleasant weather.

How safe is Oak Grove / Pine Banks, Melrose, MA?

Oak Grove and Pine Banks are generally considered safe neighborhoods. The area has a low crime rate compared to other regions. Residents typically feel secure walking in the community.