The Value Of Owning In A Good School District

August 12, 2016

The quality of the local school system has traditionally been a major factor in buying a house. But just how much are good schools worth to a home’s value?

Using scores from, found that homes in higher-rated public school districts are 49 percent more expensive than the national median, and 77 percent more expensive than homes located in lower-ranked districts in the area. That could be a difference of $131,000 when compared to the median and $175,000 compared to the low-end schools. also found the school districts with the highest premium, which included districts in the suburbs of Los Angeles, Chicago, and Cincinnati.

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