Relationship Between Public School Enrollment and Housing Prices

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One of the key drivers of a home’s sale price is the quality of the local school system.  Interestingly, recent analysis from the National Association of Realtors illustrates the positive relationship between public school enrollment and rising house prices.  They say that over the last 7 years, counties with increased public school enrollment  experienced higher price appreciation, than those that did not.  The graph below shows the positive relationship between public school enrollment and housing prices.  Indeed…

“Across the country, hallways and classrooms are full of activity. More than three-fourths of the school-aged population, 48.2 million students, were enrolled in a public elementary and secondary school in 2018.”

Click on the graph to make it interactive

Click here to read the full report at the National Association of Realtors.

 

About Author

Director of Education & Outreach, National Real Estate Investors Association