How School Ratings Influence Home Prices

The real estate search engine Zillow rates local schools.

Conventional wisdom says good public schools boost home values. The reverse is also true. The Zillow real estate search engine rated some local schools.

See how Castro Valley schools stack up according to Zillow.

Now check out the median price of $456,400 (check out the graph for the price trend but be prepared for a stomach-dropping plunge.)

Now take a gander at Pleasanton's school ratings, according to Zillow's calculations. 

And, no surprise, Pleasanton enjoys a median home price of $676,900 (see the trend here). Not in particular how much more steeply prices have climbed back.

Comments? Thoughts? Observations?


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