In the Houston metro there is “absolutely” a correlation between school districts and home prices. 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 years or have a 50 percent or lower passing rate for recent standardized testing.
- 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.
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Inman Connect New York | January 29 - February 1, 2019