10 cities with top schools: a range of real estate prices Premium Content

Report: Median home value runs from $148K to $1.3M

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Pella, Iowa. Flickr image courtesy of <a href="http://www.flickr.com/photos/carlwwycoff/3514832834/">cwwycoff1</a>.Pella, Iowa. Flickr image courtesy of cwwycoff1.

A list of the nation's top 10 cities with top-performing public schools challenges the idea that the best schools can only be found in the most expensive housing markets, announced a report from school ratings site GreatSchools and business magazine Forbes.com.

"The two biggest life stage decisions a family makes are finding a great place to live and excellent schools for their kids," said Bill Jackson, CEO and president of GreatSchools, in a statement.

"Great schools exist within every housing budget. This is good news to Realtors who want to help their clients when relocating to a new area," the report added. 

The Northeast, the West and the South each accounted for three cities in the top 10 list. The Midwest accounted for one. That city, Pella, Iowa, had the lowest median home value among the ten: $148,200. Manhattan Beach, Calif. had the highest: $1,278,980.

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