Central Ohio Home Source

Photo via Flickr

The Ohio Department of Education just released their latest rankings of all school districts in Columbus and Central Ohio.    Not much has changed since last years’ rankings.  Our focus today is how the “quality” of the school district correlates to the average home price in that community.  We have been saying for years that school district is an important consideration when selecting a neighborhood in which to live, even if the buyer is single, or newly married, and does not have children yet.   Although some communities can vary from this trend, just look at the list (one was published in the 8/25 Columbus Dispatch), and it is fairly clear to see that there is a connection.  

The #1 Ranked School district in Central Ohio is Upper Arlington, which posted an “excellent with distinction”, meeting all the states required standards.  Upper Arlington real estate has also seen the most minimal effect in value over the past 3 years.  (stats to follow)  Is this sheer coincidence?  No, clearly not. 

When it comes to home values in Central Ohio, school district matters.    Always keep that in mind when shopping for a home.  (oh, and don’t forget to note what your property taxes will be in that new home as well!)

Photo posted via Creative Commons, courtesy krispdk