39 Forest St, Melrose, MA 02176
OFF MARKET

$776,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,883 sqft

39 Forest St, Melrose, MA 02176

Oak Grove/Pine Banks
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Home Value

Trulia Estimate
$777K
Since last month
Decreased$4K (-0.5%)
Since last year
Increased$29K (+3.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +83% in the last 10 years
MonthEstimated value
2026
August 2026$778K
August 2026$777K
July 2026$782K
June 2026$775K
May 2026$792K
April 2026$768K
March 2026$766K
February 2026$733K
January 2026$715K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5 S Mountain Ave, Melrose, MA
0.08
Single-Family Home
$785,000
08/12/26
3
2
1,540
40 Bratley St, Melrose, MA
0.19
Single-Family Home
$810,000
11/28/25
3
2
1,836
46 Lebanon St, Melrose, MA
0.14
Single-Family Home
$710,000
12/17/25
3
2
1,616
28 N Mountain Ave, Melrose, MA
0.11
Single-Family Home
$705,000
08/19/26
3
2
1,344
26 Lanark Rd, Malden, MA
0.29
Single-Family Home
$720,000
11/03/25
3
2
1,568
16 Floral Ave, Malden, MA
0.25
Single-Family Home
$630,000
08/21/26
3
2
1,336
301 Forest St, Malden, MA
0.27
Single-Family Home
$640,000
05/15/26
3
1.5
1,482
153 Cherry St, Malden, MA
0.30
Single-Family Home
$825,000
10/29/25
4
1.5
1,855
8 Hancock St, Melrose, MA
0.23
Single-Family Home
$700,000
12/16/25
3
1.5
1,520
17 Swains Pond Ave, Melrose, MA
0.33
Single-Family Home
$775,000
10/17/25
3
2
1,585

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
91 Lebanon St, Melrose, MA 02176
0.05
$1,010,800
4
2.5
2,492
Off Market
69 Forest St, Melrose, MA 02176
0.07
$728,200
3
1.5
1,400
Off Market
89 Lebanon St, Melrose, MA 02176
0.06
$851,500
3
1.5
1,919
Off Market
17 Forest St, Melrose, MA 02176
0.04
$769,300
3
2
1,757
Off Market
75 Forest St, Melrose, MA 02176
0.08
$845,200
3
1
1,447
Off Market
125 Lebanon St #3, Melrose, MA 02176
0.11
$536,000
3
1
1,372
Off Market
5 S Mountain Ave, Melrose, MA 02176
0.08
$785,000
3
2
1,540
Recently Sold
28 N Mountain Ave, Melrose, MA 02176
0.11
$705,000
3
2
1,344
Recently Sold
53-53 Lebanon St #R, Melrose, MA 02176
0.13
-
4
2
1,504
Off Market
41 N Mountain Ave, Melrose, MA 02176
0.15
$929,600
2
2
1,650
Off Market
8 Church St, Melrose, MA 02176
0.15
$922,200
3
1.5
1,654
Off Market
7 Cargill St, Melrose, MA 02176
0.13
$698,100
2
1
1,015
Off Market

Local Information

  • Map ViewExplore the area around 39 Forest St.
  • Schools1 Preschool School6 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1953
1,883 sqft
$412/sqft

About this House

This single-family home is located at 39 Forest St, Melrose, MA. 39 Forest St is in the Oak Grove/Pine Banks neighborhood in Melrose, MA and in ZIP code 02176. This property has 3 bedrooms, 2 bathrooms and approximately 1,883 sqft of floor space. This property has a lot size of 5227 sqft and was built in 1953.
39 Forest St, Melrose, MA 02176 is a 3 bedroom, 2 bathroom, 1,883 sqft single-family home in Oak Grove/Pine Banks, built in 1953. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $776,600, with a rent estimate of $3,753/month.

Home Details for 39 Forest St

Interior Features

Interior Details
BasementNumber of Rooms: 6
Heating & Cooling
Heating: Forced Air, OilHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood

Property Information

Year Built
Year Built: 1953
Property Type / Style
Property Type: Single Family HomeArchitecture: Cape Cod

Community

Units in Building: 1

Lot Information

Lot Area: 5227 sqft

Price and Tax history

YearProperty taxTax assessment
2025
$6,247
$631,000
Home facts updated by county records

Market trends in Melrose

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$922K
$33.33KMoM
Sale-to-List Price
108.5%
1.9%MoM
Price per sq ft
$528
$11MoM
Available listings
50
23MoM

Around this home

Neighborhood Overview

Oak Grove/Pine Banks
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Oak Grove/Pine Banks

At least 28 Trulia users voted on each feature.

  • 100 % Say it's dog friendly

  • 97 % Say streets are well-lit

  • 91 % Say kids play outside

  • 88 % Say there are sidewalks

  • 85 % Say yards are well-kept

  • 82 % Say people would walk alone at night

  • 81 % Say it's walkable to restaurants

  • 81 % Say there's holiday spirit

  • 80 % Say parking is easy

  • 74 % Say neighbors are friendly

  • 73 % Say car is needed

  • 72 % Say it's quiet

  • 71 % Say they plan to stay for at least 5 years

  • 71 % Say it's walkable to grocery stores

  • 62 % Say there's wildlife

  • 46 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Magalie Valcin
    "I’ve been leaving here for the past3 years. The area is quiet and most of the neighbors are nice and friendly."
    0
    Flag
  • Trulia User
    "All major highways are accessible to this area - 93, 128/95, rte 1 are all within. Stones throw to this area "
    0
    Flag
  • Trulia User
    "Great for families especially with young kids. Dog friendly. Low crime. Lots of great schools and parks."
    0
    Flag
  • Nicole
    "It is the safest, most friendly place to live. I can walk my dogs at midnight and still feel safe. Homes are well-maintained, center of town is 3 blocks away. Neighbors are extremely friendly. "
    7
    Flag
  • Stephanie M.
    "Easy to get around driving or on the bus or commuter rail. Buses go down most main streets taking you to many areas of Melrose."
    1
    Flag
  • bella g.
    "Dog owners would like that it's a great neighborhood to walk your dog."
    0
    Flag
  • bella g.
    "Oak Grove and Pine Banks are so unified because of their quiet positioning in Melrose and not a lot goes on."
    1
    Flag
  • bella g.
    "A typical commute to and from my neighborhood is usually very easy and not hard to get around and rarely has traffic."
    0
    Flag
  • bella g.
    "Oak Grove and Pine Banks area is a safe place to live and raise your family."
    0
    Flag
  • Teri S.
    "Dogs and cats are welcome. We have an enclosed dog park."
    0
    Flag
  • Teri S.
    "We have a great pool, gym, dog park, and children's park. We have several shops and restaurants. We are close to the subway and public transportation. Great community with lots of benefits."
    1
    Flag
  • Teri S.
    "Right on Main St. in the middle between Melrose and Malden centers."
    0
    Flag
  • Teri S.
    "Pine Banks Park is right opposite us. We have a day care on the premises."
    0
    Flag
  • Alesha S.
    "The small town feel just minutes from Boston, with easy access to the commuter rail and Orange Line. There’s also a ton of restaurants and an amazing farmer’s market on Thursdays in the summer. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 39 Forest St

  • What is 39 Forest St estimated to be worth?
    Trulia's estimated value for 39 Forest St in Melrose, MA is $776,600.
  • Is Melrose a buyer's or seller's market?
    Melrose is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Melrose?
    The median sale price in Melrose is $922K. That is up $33.33K from the prior month.
  • What do residents say about the Oak Grove/Pine Banks neighborhood?
    Residents describe the Oak Grove/Pine Banks neighborhood in Melrose, MA as dog-friendly, pedestrian-friendly, and well-kept. See recently sold homes in Oak Grove/Pine Banks, Melrose.
  • How big is the lot at 39 Forest St?
    The lot at 39 Forest St in Melrose, MA is about 0.12 acres (5,227 sq ft).

Explore by feature - Pet Friendly

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