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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, a charming neighborhood in Melrose, boasts a welcoming community atmosphere blended with suburban tranquility. The area features beautiful parks, including Pine Banks Park, ideal for outdoor activities and family gatherings. Residents benefit from various amenities, such as local shops, cafes, and schools known for their quality education. Commuters enjoy convenient access to public transportation options, making trips to Boston and surrounding areas seamless. With its picturesque setting and vibrant local culture, this district offers a balanced lifestyle for families, professionals, and nature enthusiasts alike.

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

Featured Buildings

Melrose Crossing

306 MAIN STREET,MELROSE,MA

0 unit available

44 Main

44 MAIN,STONEHAM,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

Featured Buildings

Redstone Village

100-1 MAIN STRET,STONEHAM,MA

0 unit available

Mt Vernon Condominium

12 MT. VERNON ST.,MELROSE,MA

0 unit available

12 Mt Vernon St

12 MT VERNON ST,MELROSE,MA

0 unit available

View 2-Bedroom Condos

3+ Bedroom Condos

AVG PPSF$457.92 /sqft

AVG SOLD PRICE$841,166.67

AVG DAYS ON MARKET61 Days

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.

Visit the search page to set up an email alert to be notified of new pet-friendly condos listings or contact a HelloCondo agent for off-market listings.

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:

Approximately 29.2% of the population holds a bachelor's degree or higher.
The average age of residents is around 40 years.

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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?

Living in Oak Grove / Pine Banks offers a suburban atmosphere with access to parks and outdoor recreation. The area features a mix of single-family homes and access to public transportation, making it convenient for commuters. Residents enjoy a close-knit community with local shops and schools nearby.

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

Oak Grove / Pine Banks in Melrose, MA is considered to be on the higher end of the cost of living scale, with housing prices reflecting demand for suburban proximity to Boston. Median home prices are higher than the national average, driven by desirable school ratings and community amenities.

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

Oak Grove / Pine Banks experiences a humid continental climate, characterized by cold winters with average snowfall and warm, humid summers. Temperatures can range from below freezing in winter to the high 80s°F in summer.

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

Oak Grove / Pine Banks in Melrose has a relatively low crime rate compared to state and national averages, contributing to a sense of safety among residents. The area is generally considered a family-friendly community with active neighborhood watch programs.