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Price Premium: What You Can Expect to Pay in Contra Costa’s Highest-Performing School Districts

A 2017 study from Realtor.com identified the price premium to buy a home in a strong public school district and provided market insights into the top districts garnering the highest home prices and demand from buyers.

The table below includes the 2016 median list price for homes in specific Contra Costa school districts as compared to home in the county as a whole.  Average school ratings are included for reference (provided by GreatSchools.org). 

For information about the potential positive value and financial impact of buying a home in a great school district, see my post at https://tomnevin.com/2019/05/30/buy-home-school-district-private-schools.

School District Median List Price
(District)
Median List Price
(County)
List Price Premium
(vs County)
Avg. School Rating
Lafayette Elementary School District $1,629,000 $540,000 302% 9.7
San Ramon Valley Unified School District $1,222,000 $540,000 226% 9.5
Acalanes Union High School District $799,000 $540,000 148% 9
Walnut Creek Elementary School District $618,000 $540,000 114% 8.8
Martinez Unified School District $549,000 $540,000 102% 8.2
Brentwood Union Elementary School District $559,000 $540,000 104% 7.4
Liberty Union High School District $525,000 $540,000 97% 6.8
Byron Union Elementary School District $719,000 $540,000 133% 6
Mt. Diablo Unified School District $570,000 $540,000 106% 6
Oakley Union Elementary School District $405,000 $540,000 75% 5.9
John Swett Unified School District $417,000 $540,000 77% 5.3
Pittsburg Unified School District $360,000 $540,000 67% 4.2
Antioch Unified School District $369,000 $540,000 68% 4.1
West Contra Costa Unified School District $453,000 $540,000 84% 3.7

* Source: Review of Housing Insights in Top Rated School Districts, Realtor.com

Granular school ratings provided by GreatSchools.org.

I have the area expertise to help you establish your priorities and navigate the East Bay market. Call me at (925) 699.0031 to discuss how I can help you find the best home for your needs.

 


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Copyright ©2019 Tom Nevin. All rights reserved.  Helping buy real estate in Lafayette, Alamo, Walnut Creek, Pleasant Hill, Rossmoor, and the greater East Bay Area.

 

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Posted on June 7, 2019 at 4:03 pm
Thomas Nevin | Category: All Blog Posts, Information on Buying a Home, Information on Selling a Home | Tagged , , , , , ,

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