
Oak Grove/Pine Banks, MA Housing Market
$820,125
2.9% 1-yrThe average Oak Grove/Pine Banks, MA home value is $820,125, up 2.9% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Oak Grove/Pine Banks Key Takeaways
Typical Home Values: $820,125
1-Year Value Change: +2.9%
(Data through August 31, 2026)
Oak Grove/Pine Banks Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Wyoming$864,844
- Forestdale$682,454
- Downtown$698,532
- West End$761,563
- Cedar Park$1,029,780
- East Side$998,780
- Maplewood$666,837
- Mount Hood$906,933
- Faulkner$573,504
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Oak Grove/Pine Banks Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are the most expensive neighborhoods in Melrose, MA?
The neighborhoods with the highest median home values in Melrose, MA include: Cedar Park ($1,029,780), East Side ($998,780), Mount Hood ($906,933), Melrose Highlands ($897,881), Wyoming ($864,844).
What are the most affordable neighborhoods in Melrose, MA?
The neighborhoods with the lowest median home values in Melrose, MA include: Downtown ($698,532), Oak Grove/Pine Banks ($820,125), Wyoming ($864,844), Melrose Highlands ($897,881), Mount Hood ($906,933).
Which Melrose, MA neighborhoods have the fastest growing home values?
Neighborhoods with the highest year-over-year value growth in Melrose, MA include: Wyoming (5.9%), Cedar Park (5.7%), Downtown (4.3%), Melrose Highlands (3.9%), East Side (3.8%).
