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Is the benefit of great school district overrated?

August 11, 2016 by Nick & Cindy Davis

Sending kids to public school might cost parents hundreds of thousands of dollars. The main reason: Homes in good public school districts cost 77% more than homes in average or below-average districts, in accordance with data from ATTOM Data Solutions.

Top reasons School Ratings Matter When House Hunting

Is the benefit of great school district overrated?

The real estate research firm analyzed home prices and test scores in more than 4,400 postal codes in the country. It defined good public school districts as districts having a minimum of one public school in which student test scores were at least one-third higher than the state average.

In a good school district, the typical home cost $427,402 in July 2016, compared with $241,096 for other districts. This is because a function of supply and demand, explains Daren Blomquist, ATTOM’s senior vice president: “There’s more demand for these homes, and that drives up the price for these homes.”

In some regions of the country, it could cost parents less overall to buy a home within a low-rated school district and pay separately for private school.

Still, there are a few places where homes in good school districts are priced reasonably, including two in Florida: Tampa-St. Petersburg (33712) and Orlando (32835) have two zip codes out of 10 ATTOM lists with good schools with homes that are also some of the best bargain-home buying opportunities.

Nick & Cindy Davis are here to assist you in finding your new home here in the Tampa Bay and Surrounding areas. We are always a click here or call to 813-300-7116 away.

Here are a few homes for sale in the 33712 Zip Code, or if you prefer you can click here and search by schools.

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  • 2075 Lakewood Club Drive S #6A, St Petersburg, FL
    2075 Lakewood Club Drive S #6A
    St Petersburg, FL
    Photo of 2075 Lakewood Club Drive S #6A, St Petersburg, FL 33712 (MLS # TB8405602)
    $229,900
    • Lot Size

    • Home Size
      1,280 sqft

    • Beds
      2 Beds

    • Baths
      3 Baths

    • Year Built
      1976

    • Days on Market
      1

  • 1221 30th Street S, St Petersburg, FL
    1221 30th Street S
    St Petersburg, FL
    Photo of 1221 30th Street S, St Petersburg, FL 33712 (MLS # TB8405657)
    $239,000
    • Lot Size
      5,663 sqft

    • Home Size
      878 sqft

    • Beds
      3 Beds

    • Baths
      1 Bath

    • Year Built
      1954

    • Days on Market
      1

  • 2929 18th Avenue S, St Petersburg, FL
    2929 18th Avenue S
    St Petersburg, FL
    Photo of 2929 18th Avenue S, St Petersburg, FL 33712 (MLS # O6315480)
    $245,000
    • Lot Size
      7,406 sqft

    • Home Size
      900 sqft

    • Beds
      3 Beds

    • Baths
      1 Bath

    • Year Built
      1922

    • Days on Market
      1

  • 6261 20th Street S, St Petersburg, FL
    6261 20th Street S
    St Petersburg, FL
    Photo of 6261 20th Street S, St Petersburg, FL 33712 (MLS # TB8405091)
    $407,000
    • Lot Size
      7,406 sqft

    • Home Size
      2,164 sqft

    • Beds
      4 Beds

    • Baths
      2 Baths

    • Year Built
      1965

    • Days on Market
      2

    View Virtual Tour
  • 4900 Alcazar Way S, St Petersburg, FL
    4900 Alcazar Way S
    St Petersburg, FL
    Photo of 4900 Alcazar Way S, St Petersburg, FL 33712 (MLS # TB8393560)
    $500,000
    • Lot Size
      19,167 sqft

    • Home Size
      1,678 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      1925

    • Days on Market
      3

  • 6024 Anchorage Way S, St Petersburg, FL
    6024 Anchorage Way S
    St Petersburg, FL
    Photo of 6024 Anchorage Way S, St Petersburg, FL 33712 (MLS # TB8404286)
    $669,000
    • Lot Size
      872 sqft

    • Home Size
      1,934 sqft

    • Beds
      3 Beds

    • Baths
      3 Baths

    • Year Built
      2014

    • Days on Market
      3

    View Virtual Tour
  • 2120 Bonita Way S, St Petersburg, FL
    2120 Bonita Way S
    St Petersburg, FL
    Photo of 2120 Bonita Way S, St Petersburg, FL 33712 (MLS # A4658099)
    $495,000
    • Lot Size
      9,148 sqft

    • Home Size
      1,320 sqft

    • Beds
      4 Beds

    • Baths
      2 Baths

    • Year Built
      1956

    • Days on Market
      4

    View Virtual Tour
  • 2700 4th Avenue S, St Petersburg, FL
    2700 4th Avenue S
    St Petersburg, FL
    Photo of 2700 4th Avenue S, St Petersburg, FL 33712 (MLS # TB8404254)
    $750,000
    • Lot Size
      5,663 sqft

    • Home Size
      1,736 sqft

    • Beds
      3 Beds

    • Baths
      2 Baths

    • Year Built
      2020

    • Days on Market
      7

    View Virtual Tour
  • 1511 27th Street S, St Petersburg, FL
    1511 27th Street S
    St Petersburg, FL
    Photo of 1511 27th Street S, St Petersburg, FL 33712 (MLS # TB8403722)
    $225,000
    • Lot Size
      6,099 sqft

    • Home Size
      704 sqft

    • Beds
      2 Beds

    • Baths
      1 Bath

    • Year Built
      1954

    • Days on Market
      7

    View Virtual Tour
  • 3167 6th Avenue S, St Petersburg, FL
    3167 6th Avenue S
    St Petersburg, FL
    Photo of 3167 6th Avenue S, St Petersburg, FL 33712 (MLS # TB8403971)
    $225,000
    • Lot Size
      3,921 sqft

    • Home Size
      644 sqft

    • Beds
      2 Beds

    • Baths
      1 Bath

    • Year Built
      1956

    • Days on Market
      7

    View Virtual Tour

See all Real estate matching your search.
(all data current as of 7/10/2025)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Filed Under: 2017

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813-300-7116

813-695-6475

 

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