Schools & the Homebuying Decision

Overview

Of all the local neighborhood amenities that can influence a buyer's decision to purchase a home, proximity to good quality schools is one of the most influential. According to the National Association of REALTORS® 2015 Profile of Home Buyers and Sellers, 25% of home buyers listed school quality and 20% listed proximity to schools as deciding factors in their home purchase. 

References

NAR Library & Archives has already done the research for you. References (formerly Field Guides) offer links to articles, eBooks, websites, statistics, and more to provide a comprehensive overview of perspectives. EBSCO articles (E) are available only to NAR members and require a password.


schools and the homebuying decision

Schools an​d the Home Buying Decision

When the Back to School Shopping List Includes a House (National Association of REALTORS®, Aug. 12, 2019)

How to Help Buyers Who Want to Ask About School Districts (Texas REALTORS®, Jul. 3, 2019)

What to do if Schools are Important in Your Home Search Handout (Texas REALTORS®, Jun. 18, 2019)

2019 Moving with Kids Report (National Association of REALTORS®, 2019)

Steering, Schools, and Equal Professional Service (National Association of REALTORS®, Jun. 9, 2014)

Impact of Schools on Property Values

Public School Enrollment Trends and Home Prices (National Association of REALTORS®, Nov. 25, 2019)

Money Matters: How School Funding Inequities Affect Students, Taxpayers (Chicago Sun-Times, Oct. 1, 2019)

How Local Schools Could Impact Your Future Home’s Value (RIS Media – House Call Blog, Sep. 17, 2019)

Here’s Why That Neighbored is So Expensive (House Beautiful, Jul. 31, 2019)

Schools: What​ to Consider When Selecting a Home

What is it with Real Estate Agents and Location? (The Balance, Oct. 22, 2019)

What Families with Young Kids Need in Their Next Home (REALTOR® Magazine, Aug. 12, 2019)

Should You Buy a Home Near a School? (RISMedia, Jan. 10. 2019)

Buyers Say Garages, Updated Kitchens Aren’t as Important as This (REALTOR® Magazine, Jul. 25, 2018)

School Quality Information on the Web

There are numerous sources on the Web offering data on schools and school districts. The reports they provide vary in detail and cost, but almost always have useful information for home buyers and REALTORS®. Many states and local areas also make their school district information available online. Websites of the state departments of education are a good start, along with those of local newspapers. The following are a few sample websites:

National Center for Education Statistics

Publishes information on all levels of education, from preschool to graduate school.

State and loca​l sources

Many states and local areas also make their school district info available online. Websites of the state departments of education are a good start, along with those of local newspapers. For example:

  • GreatSchools: Your community resource to find and share information about schools.
  • Neighborhood Scout: Receive patented school ratings and other data.
  • Private School Review: Learn about private schools, find schools, get admissions tips, and financial aid help.
  • Project Appleseed: The national campaign for public school improvement.
  • School Digger: Ranks schools on a 5-star system, and also shows rankings by test scores.

eBooks & Other Resources

eBooks.realtor.org

The following eBooks and digital audiobooks are available to NAR members:

Community Builders: A Tale of Neighborhood Mobilization in Two Cities (eBook)

Community by Design: New Urbanism for Suburbs and Small Communities (eBook)

Community Conversations: Mobilizing the Ideas, Skills, and Passion of Community Organizations, Governments, Businesses, and People (Kindle, eBook)

Defending Community: The Struggle for Alternative Redevelopment in Cedar-Riverside (eBook)

In The Neighborhood: The Search for Community on an American Street, One Sleepover at a Time (Kindle, eBook)

Love Your Neighborhood (eBook)

Neighbors & Neighborhoods (Audiobook, eBook)

The Pocket Idiot’s Guide to Home Buying Checklists (Kindle, eBook)

Tips & Traps When Buying a Home (Kindle, Audiobook, eBook)


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The inclusion of links on this page does not imply endorsement by the National Association of REALTORS®. NAR makes no representations about whether the content of any external sites which may be linked in this page complies with state or federal laws or regulations or with applicable NAR policies. These links are provided for your convenience only and you rely on them at your own risk.

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