Oak Grove-Pine Banks
Victorians, Cape Cods and Colonials in a fast-paced market
Single-family homes here can cost between $625,000 and $865,000, though some newly remodeled homes here can climb to prices ranging from $1 million to $1.6 million. Colonial Revivals and Cape Cods are the dominant styles, with some Victorian and ranch-style homes sprinkled throughout as well. “You have gorgeous houses,” Leeman says. “People love the architecture.” Small, tidy lawns and mid-size trees characterize the lots, and sidewalks line many streets. Condos and townhomes can cost between $535,000 and $840,000. Homes spend an average of 11 days on the market, meaning the market moves almost four times faster than the national average.
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Natural areas right in residents’ backyards
Pine Banks Park and Oakdale Park sandwich the southern portion of the neighborhood, providing residents huge amounts of green space practically in their backyards. The former offers a mix of wooded hiking trails and sports facilities, while the latter abuts the Middlesex Fells Reservation, 2,600 acres of natural area, with trails, scenic overlooks and water features. Foss Park provides pickleball courts at its small neighborhood park. The community also provides recreation options for its older citizens. “The Milano Family Senior Center has a lot of activities for seniors,” Leeman says. “They’ve been there over 40 years.” Offerings include yoga, bingo, art classes and more.
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Melrose School District gets high marks and offers choice
The Melrose School District, which earns an A-minus from Niche, uses a school choice model, so residents with children can apply to several elementary schools. Lincoln Elementary earns an A-minus and is the closest school to this area. Melrose Veteran’s Memorial Middle School also scores an A-minus, and Melrose High School does as well. Melrose High students build and maintain a digital portfolio of their work, which includes a senior capstone project. Seniors also get the chance to explore career paths through a senior internship program. Leeman appreciates how students can walk or ride to school, especially on Fridays when some groups bike to school. “Someone will walk with the kids on their bikes, and they’ll play music on a loudspeaker,” Leeman says.
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Commuter rail, bus service and two main highways nearby
Boston is about 10 miles via Interstate 93 or 12 miles away via U.S. Route 1, two thoroughfares running on either side of the neighborhood. Rail service runs right through the center of the neighborhood; the Haverhill Line stops at both Oak Grove and Wyoming transit stations. “It’s like a 3-minute walk to Oak Grove from some parts of the neighborhood,” Leeman says. Buses also serve several major streets in Oak Grove-Pine Banks. Logan International Airport is just over 11 miles away, and the MelroseWakefield Hospital is no more than 2 miles away.A mix of local businesses in walkable downtown Melrose
Downtown Melrose has a bevy of shopping and dining choices along Main Street. Barber shops and salons rub shoulders with fitness centers, cafes and restaurants, plus a florist and bookstore. “People love to walk and have coffee in the morning,” Leeman says. “That walkability is huge.” Turner’s Seafood Grill & Market combines a fish market and oyster bar, while Rising Eagle Publick House serves fast casual food in an atmosphere that celebrates the area’s Revolutionary War history. For groceries, Shaw’s is under 2 miles away.
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Traditional city events, cultural offerings and markets throughout the year
Melrose residents can take part in myriad events and activities. The city’s long-running Victorian Fair is now in its 43rd year. “All the restaurants, all the hairdressers, all the local high school sports, all the real estate agents, we all have booths with giveaways and talk about how we give back to the community,” Leeman says. The Melrose Symphony Orchestra offers classical programs, and an annual open studio tour allows residents to engage with local artists. The city hosts a farmer’s market on Thursdays, outdoors from June through October and indoors for November and December.
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Written By
Ty Phelps
Photography Contributed By
Amanda Beattie
Video By
David Strayer
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Agents Specializing in this Area
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Pete Castrichini
Pete Castrichini
Barry Realty Group
(978) 736-4170
27 Total Sales
1 in Oak Grove-Pine Banks
$679,000 Price
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Michael Sokolowski
Michael Sokolowski
Torii, Inc.
(475) 476-1764
50 Total Sales
1 in Oak Grove-Pine Banks
$740,000 Price
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Jose Rojas
Jose Rojas
William Raveis R.E. & Home Services
(781) 404-3627
73 Total Sales
1 in Oak Grove-Pine Banks
$650,000 Price
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Virginia Todd
Virginia Todd
Responds QuicklyLeading Edge Real Estate
(857) 323-6892
74 Total Sales
1 in Oak Grove-Pine Banks
$670,000 Price
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ZhiChao Chen
ZhiChao Chen
Responds QuicklySpace Realty
(855) 528-1854
162 Total Sales
2 in Oak Grove-Pine Banks
$850K - $970K Price Range
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Team Tringali
TT
Team Tringali
Responds QuicklyKeller Williams Gateway Realty
(844) 720-1128
315 Total Sales
1 in Oak Grove-Pine Banks
$730,000 Price
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Parks in this Area
Melrose Dog Park
- Dog Park
Pine Banks Park
Middlesex Fells Reservation
- Bike Trails
- Fishing
- Picnic Area
Pine Banks Park Pond
Foss Park
The Cascade
Jerry Jingle Park
Lynde Park
Pine Banks Dog Park
Transit
Oak Grove-Pine Banks Demographics and Home Trends
On average, homes in Oak Grove-Pine Banks, Melrose sell after 60 days on the market compared to the national average of 70 days. The median sale price for homes in Oak Grove-Pine Banks, Melrose over the last 12 months is $300,000, down 41% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$318,500
Median Sale Price
$300,000
Median Single Family Sale Price
$546,690
Median Townhouse Sale Price
$300,000
Median 2 Bedroom Sale Price
$285,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
13
Median Home Sale Price YoY Change
-41%
Average Price Per Sq Ft
$357
Neighborhood Facts
Number of Homes in Neighborhood
846
Number of Homes for Sale
2
Median Year Built
1940
Months of Supply
1.80
Average Single Family Home Size Sq Ft
1,730
Below the national average
1,924
Average Townhouse Size Sq Ft
2,445
Average 2 Bedroom Size Sq Ft
1,254
Average 1 Bedroom Size Sq Ft
1,064
Median Lot Size Sq Ft
6,098
Distribution of Home Values
Homes for Sale
Homes for Rent
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$3,149 - $12,933 per month
- The Washingtons
- 1-3 Beds
- 1-3 Baths
- 792+ Sq Ft
- 2 Washington St
- Melrose, MA
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$2,760 - $7,774 per month
- Windsor Radio Factory
- Studio-3 Beds
- 1-2 Baths
- 522+ Sq Ft
- 1000 Stone Place
- Melrose, MA
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
5,205
Median Age
38
Population under 18
21.4%
On par with the national average
23.8%
Population over 65
13.7%
Below the national average
19.1%
Finances
Median Household Income
$114,552
Significantly above the national average
$71,702
Average Household Income
$129,103
Education and Workforce
High School Graduates
94%
College Graduates
53.9%
Above the national average
34.1%
Advanced Degrees
25.9%
% Population in Labor Force
80.5%
Above the national average
65.1%
Weather
Annual Precipitation
43''
Average Winter Low Temperature
23°F
Average Summer High Temperature
82°F
Annual Snowfall
12''
Area Factors
Somewhat Bikeable
Bike Score®
32
/ 100
Somewhat Walkable
Walk Score®
65
/ 100
Good Transit
Transit Score®
52
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
Oak Grove
Suburb just outside downtown Boston with older home styles and modern amenities
Downtown Melrose
Transportation and dining option in the core of Melrose
Forestdale
Access to the Boston area in desirable Malden neighborhood
Waitts Mount
A desirable pocket of Malden with views of the Boston skyline
Cedar Park
Larger Melrose homes near parks and downtown activity
Melrose East Side
Plentiful parks, well-regarded schools and proximity to Boston
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