School quality doesn’t just impact families with kids – it affects every homeowner. Strong districts drive up demand and prices. Weak districts can hold them back.
Why it matters: A school district’s rating is one of the most powerful factors influencing home value and resale potential.
The Impact of Schools on Home Prices
Homes near top-rated schools cost more than those near low-rated schools. Demand and inventory drive up price.
Every dollar spent on schools can raise community home values by $20 according to National Bureau of Economic Research.
Resale Advantage
Homes in strong districts are easier to sell and more resilient to market swings.
Properties in weaker districts may lag in demand, offer fewer amenities, and attract more renters than buyers.
What Buyers Should Consider
Not all homes in high-rated districts are expensive, and not all low-rated districts are poor choices.
Visit schools, meet administrators, and ask about programs like magnet or charter schools.
Some lower-performing schools still offer strong specialized programs and may come with lower housing costs.
Visit GreatSchools.org and local district websites to compare.
Bottom line: A good school district can boost your home’s value and marketability – even if you do not have kids. Do your homework on both the schools and the community before buying.
Use our most complete new home listings to find the ideal home.
Julie Gordey
A lifelong educator, Julie Gordey, is a retired school administrator. After years of focusing on education, this University of Texas graduate now travels and enjoys freelance writing for BDX and NewHomeSource.com.