In the Houston metro there is "absolutely" a correlation between school districts and home prices. "People flock to the better neighborhoods because of schools," said Danny Frank of Keller Williams, adding sellers can demand a 10 percent or 15 percent higher sales price if their home is located in one of the metro's top school districts. According to Niche.com, the Katy, Friendswood and Pearland Independent schools districts are tops. [graphiq id="6JE9F0EbSGV" title="Katy Public School Ratings vs. Home Sale Prices" width="600" height="638" url="https://w.graphiq.com/w/6JE9F0EbSGV" link="http://places.findthehome.com/l/94795/Katy-TX" link_text="Katy Public School Ratings vs. Home Sale Prices | FindTheHome"] Recent findings from the Texas Education Agency (TEA) also suggest this, as no schools within these districts made the agency's Public Education Grant list, which is comprised of schools that have either received an "improvement required" rating during the past three ...
- Sellers can command a 10 percent to 15 percent higher sales prices if in a top school district.
- The Houston Independent School District stands out as the worst performing in the metro.
- Three of the top four school districts are located adjacent to each other.