DataLifestyle

Matching highly rated school districts with high-priced homes

A good school doesn't need to cost a lot, but it can in these neighborhoods
  • Beverly Hills is home to the most expensive school district in the country. Median List Price in this school district is over 600 percent higher than the Los Angeles county median list price.
  • Some top-rated school districts have lower than the metro area median list prices, like Clear Creek in Harris County (Houston).
  • Marin County's Reed Union Elementary School District, which holds a 10 rating, has a median list price of $3.175 million -- more than $1 million higher than second place Tamalpais Union High School District.

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rSnapshotPhotos / Shutterstock.com What came first: the increased price of homes, or the higher rated school districts? A Realtor.com report sheds light on the higher-price/higher-education rumors. Javier Vivas, manager of economic research for Realtor.com, published a report that shows homes within the boundaries of highly rated public school districts are 49 percent more expensive on average than the national median list price of $269,000. Furthermore, he found that that those same homes are 77 percent more expensive than homes within the boundaries of lower rated schools. The schools are rated based on data from GreatSchools.org. The homes are picked based on 2016 listings inside the boundaries of a school that has received either a nine or a 10 rating from GreatSchools.org's 10-point scale. Out of the 872 schools used in the data pool -- schools rated 8.5 or higher by GreatSchools.org -- only 81 received a 10-point rating. San Francisco There are four school ...