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I saw this question about homes zoned for Chiles High School on a forum the other day, and before I could answer it, another forum member pointed them to the 
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18 Comments on Can A High School Impact The Real Estate Market?
Joe, We see similar behavior here. School districts drive buyer selection and property values are closely related. We're fortunate that most of our county's school districts are very good. Posts we've done related to schools seem to get a lot of consumer views and even some direct contacts to us.
That's great Liz and Bill, I'm hoping to find the same thing here.
Yes good school districts help in increasing property values. Even those who do not have kids in school like to buy in certain school districts because they feel it will be easier to sell.
Joe,
I have a lot of buyers who direct me to look for homes in a particular school district. The danger around here is that schools are re-districted pretty frequently due to over crowding. You can't project that into the future.
I'm not sure whether school districts drive prices, or higher priced neighborhoods just have better schools.
Rich
Our school districts here do dictate a lot about the real estate market. The better schools command better real estate prices.
New residents in a DESIRABLE new townhouse complex in our are going to be sent to another elementary school this September * growth was expected in the area that did not happen so they are REdirecting new students. This will impact renting and selling in the project
Schools mean a lot for families but for those without children they often just mean higher property taxes. But either way it is unwise to buy in districts with underperforming school unless you are just buying a vacation home.
Schools are a major force in real estate decision making even if the buyer has no school age children. The reason - good schools impact home value.
Joe, the same here. School districts seem to drive buyers into specific areas.
Good subject to bring to the awareness...Yes to your post. Everyone around my neck of the woods knows the premiere High School as well as they know their own name
I agree with the other commenters here. A desirable school district is an important element in the home buying decision.
Our local high school is called New Trier - people absolutely want to live within the borders of this school district. I have people contact me all the time with that request. As the #1 public high school in the state, it has helped keep property values up.
In fact, about fifteen years ago there was discussion about splitting the school in two because of overcrowding. That idea was roundly defeated - partly because people living in what would be the "new" high school were very unhappy about what it would do to property values. Scary but true.
Hi Joe, area schools certainly drive residents to a particular area, for sure. They only want to live within certain districts. And some homes are directly marketed as being is "x" school district.
Joe, in the Kansas City area, schools definitely effect buyer preference & home values.
Great post with tons of info going on. Hope you're including this in the AR hyperlocalism -- PERFECT example of mixing in a FAQ, with your local knowledge and nice graphic.
We have about 4 or 5 really good high schools here in SIlicon Valley-- they always make the top 500 list for the nation. Prices are outrageous there, and people move from all over the world just to get thied kids into one of those schools. They don't buy a house, they buy into a school zone.
Add me to the list of school advocates. I purposely lived in the Cupertino School District in Silicon Valley when my kids were in school even though I wanted to live elsewhere. When it came time for them to start high school I moved to a district and school in the east bay that seemed to place a higher percentage of students into U.C, Berkeley where they wanted to go. The luckiest thing I did by accident was buy the house next door to the dean of admissions. my plan worked.
Go Cal !!! Plus resale values were always good when I moved.