Magnolia Property Solutions, LLC

Real Estate Investing

Study: $50 More Per Square Foot for Homes Near Good Schools

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Study: $50 More Per Square Foot for Homes Near Good Schools.

Home buyers are willing to pay a premium in order to live in a top-ranked school district, a new study finds. They’re forking over an average of $50 more per square foot for homes near top-notch schools, according to Redfin. The brokerage used MLS databases to calculate the median sales price and price per square foot of homes within school zones during the period of May 1 to July 31. 

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