I often talk about the effect the quality of a public school district has on home prices so decided to take a look at a few of the larger (and many of the top ranked) districts to see how home price appreciation has been during the past year. As the table below illustrates, I took the median sales price of homes sold in each district during July 2014 and compared it with homes sold in July 2015.
While I wasn’t surprised to see Clayton at the top of the list of the districts I selected with an increase of 31..67% in home prices from a year ago, I was surprised, however, to see Rockwood at the bottom of my list with a decline of 3.15% in home prices in that district from a year ago.
If you would like to know how home prices have done in a district I have not shown here, please contact me and I’ll be happy to get you the info.
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