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Oak Grove-Pine Banks Home for Sale

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    $1,800,000

    • Land
    • 2.40 Acres
    • $750,000 per Acre

    0 S Mountain Avenue & O Cargil, Malden, MA 02148

    Conceptual 9 lot subdivision. Great builder opportunity to build up to 9 homes on from 6,000 sq. ft to 22,000 sq. ft. Make an offer today! Plug in your nav 50 South Mountain Avenue Melrose.

    Nikki Martin Compass

    0 S Mountain Avenue & O Cargil, Malden, MA 02148

Why Live in Oak Grove-Pine Banks

Sandwiched by the Middlesex Fells Reservation and Pine Banks Park, the Oak Grove-Pine Banks neighborhood stretches across the southern half of Melrose, Massachusetts, a suburb north of Boston. “People love this area because you can hop right on the ...

Frequently Asked Questions

Is Oak Grove-Pine Banks a good place to live?
Oak Grove-Pine Banks is a good place to live. Oak Grove-Pine Banks is considered somewhat walkable and somewhat bikeable with good transit options. Oak Grove-Pine Banks has 9 parks for recreational activities. It has a median age of 38. The average household income is $129,103 which is above the national average. College graduates make up 53.9% of residents. A majority of residents in Oak Grove-Pine Banks are renters, with 64.3% of residents renting and 35.7% of residents owning their home. A local real estate agent serving Oak Grove-Pine Banks can help you decide if this neighborhood is the right one for you. Learn more on our Oak Grove-Pine Banks neighborhood guide.
How much do you need to make to afford a house in Oak Grove-Pine Banks?
The median home price in Oak Grove-Pine Banks is $318,500. If you put a 20% down payment of $63,700 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,650 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $71K a year to afford the median home price in Oak Grove-Pine Banks. The average household income in Oak Grove-Pine Banks is $129K.
What are the best public schools in Oak Grove-Pine Banks?
The best public schools that serve Oak Grove-Pine Banks are:
What are the best private schools in Oak Grove-Pine Banks?
The best private schools that serve Oak Grove-Pine Banks are:
What are the most popular zip codes in Oak Grove-Pine Banks, Melrose, MA?
The most popular zip codes in Oak Grove-Pine Banks, Melrose, MA include 02176, 02180, 02148, 02155 and 01880.
What are the most popular neighborhoods near Oak Grove-Pine Banks, Melrose, MA?
The most popular neighborhoods near Oak Grove-Pine Banks, Melrose, MA are Oak Grove-Pine Banks, Haywardville, Downtown Melrose, Melrose East Side and Melrose Highlands.
Are home prices dropping in Oak Grove-Pine Banks?
Yes, home prices in Oak Grove-Pine Banks are down 24% in the last 12 months.

Home Trends in Oak Grove-Pine Banks, MA

Housing Trends

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
Average Price Per Sq Ft
$356
Number of Homes for Sale
3
Last 12 months Home Sales
13
Months of Supply
2.80
Median List Price
$318,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-44%
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