Why Live in Bank Street
Bank Street in Fall River features a mix of architectural styles, including Federal, Greek Revival, ranch, and raised ranch homes, many dating back to 1900. Single-family homes are priced between $260,000 and $550,000, while multi-family homes range from $349,000 to over $2 million. Condos are available from $185,000 to $275,000. The neighborhood is bordered by the Fall River Expressway, with leafy trees providing a buffer for nearby homes. Residents enjoy several parks, such as the revitalized Thomas J. Giunta Tot Lot and the historic Ruggles Park, which includes a playground and softball field. The Jose Silva Dog Park is a few blocks east, and Vitality Obstacle Fitness offers indoor recreation classes. Dining options include New Boston Bakery, Graham’s Hot Dogs, and Portugalia Marketplace, with Stop & Shop grocery store less than a mile away. Oak Grove Cemetery, a historic site with Gothic Revival architecture, is a serene spot for strolls and draws tourists to Lizzie Borden’s gravesite. The neighborhood is well-connected, with Providence 18 miles away and Downtown Boston 50 miles away. Massachusetts Route 24 and Interstate 195 provide easy access to surrounding areas. The Charlton Memorial Hospital is nearby, which may result in frequent ambulance noise. Schools in the area include Spencer Borden Elementary and B.M.C Durfee High, both with high ratings, while Morton Middle has a moderate rating.
Frequently Asked Questions
Is Bank Street a good place to live?
Bank Street is a good place to live. Bank Street is considered car-dependent and somewhat bikeable with some transit options. Bank Street has 1 park for recreational activities. It has a median age of 42. The average household income is $76,936 which is below the national average. College graduates make up 21% of residents. A majority of residents in Bank Street are renters, with 57.5% of residents renting and 42.5% of residents owning their home. A
local real estate agent serving Bank Street can help you decide if this neighborhood is the right one for you. Learn more on our
Bank Street neighborhood guide.
Is Bank Street, MA a safe neighborhood?
Bank Street, MA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Bank Street?
The median home price in Bank Street is $799,000. If you put a 20% down payment of $159,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $4,140 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $177K a year to afford the median home price in Bank Street. The average household income in Bank Street is $77K.
What are the best public schools in Bank Street?
The best public schools that serve Bank Street are:
What are the best private schools in Bank Street?
The best private schools that serve Bank Street are:
What are the most popular zip codes in Bank Street, Fall River, MA?
What are the most popular neighborhoods near Bank Street, Fall River, MA?
Home Trends in Bank Street, MA
On average, homes in Bank Street, Fall River sell after 22 days on the market compared to the national average of 70 days. The median sale price for homes in Bank Street, Fall River over the last 12 months is $1,450,000, up 456% from the median home sale price over the previous 12 months.
Median Sale Price
$1,450,000
Median Single Family Sale Price
$600,000
Median 2 Bedroom Sale Price
$1,360,000
Average Price Per Sq Ft
$350
Number of Homes for Sale
8
Last 12 months Home Sales
40
Median List Price
$799,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
456%