Tallahassee Housing Report For Each Public High School
When we work with homebuyers, the topic of school zones often becomes one of great interest.
High school zones, in particular, seem to hold the most weight of concern these days, so we keep an eye on the housing market in each of Tallahassee's five public high school zones.
Tallahassee Housing Report By High School Zone
The following graph shows how the homes in each high school zone fared in 2018.
Each high school is shown with both the number of homes sold in 2018 (measured on the left vertical axis) as well as the average home price (measured on the right vertical axis).
The Godby High School zone had the most sales and the lowest prices, while the Chiles High School zone had the fewest sales and highest prices.
Home Price Change From 2017 To 2018
Each high school zone was more expensive for buyers last year:
- Godby: +6.5%
- Rickards: +9.7%
- Leon: +8.5%
- Chiles: +9.6%
- Lincoln: +8.7%
Shop Homes For Sale By High School Zone
We have created the following convenient links to allow you to shop homes for sale by your targeted high school zone:
- Godby: Link For Listings
- Rickards: Link For Listings
- Leon: Link For Listings
- Chiles: Link For Listings
- Lincoln: Link For Listings
Get Our Free Market Update
Other buyers, sellers, lenders, and real estate agents have this critical information, and now you can too!
Get immediate access to our most recent newsletter.
Let more than 30 years of experience work for you with charts, graphs, and analysis of the Tallahassee housing market.
Each Monday morning we send out a simple, one-page report that provides a snapshot of the Tallahassee housing market. It only takes 2 minutes to read, but it gives you better market intelligence than most real estate agents possess. Just tell us where to send it below!
Thoughts On School Zones And Homebuying
If there is a high school that you would like your child to attend, it is wise to buy a home in that zone. Even though school choice is a policy that allows your student to attend out-of-zone schools, there must be a seat available for it to happen. The safest way to assure an available seat is to own a home in the appropriate school zone.
But what if you do not have school-aged children or perhaps you wish to send your children to private schools, should you still target a particular school zone to guarantee the future value of your home for when it comes time to sell?
This is an important topic to consider before buying a home. I have often seen people with no plans on utilizing a school pay more for a home in a perceived "good school zone," instead of buying a much better value in a perceived "not as good school zone." Their rationale was it would help resale value. I believe this is a huge mistake.
If you buy a home in the perceived good school zone, then you are assuming the perception will be the same in ten or so years when you sell it. But what happens if new schools are built and the new perception is that your school zone is no longer the best?
Similarly, if you buy a home in the perceived "not so good" school zone, then one day when you sell it, you are expecting it to remain "not so good." But what if the schools improve?
The fact is that homes in school zones with great ratings have no upside potential (based upon school perception changes), yet those in the "not so good" zones have the potential to improve. Why pay for being in a perceived good school zone if you are not going to use the schools?
There are criteria other than school zones that you will include when buying a home, and they are important too. But if school zones are not important for you, you should open yourself up to the other opportunities around Tallahassee that could very well get you more house for the money and better upside potential for beating the market appreciation rate during your time of ownership.
Your Local Expert In Tallahassee
When moving to, in, or from Tallahassee, you will fare better if you work with a local expert. We are here to help. If you have further questions on the Tallahassee real estate market, you can leave a comment below, give us a call at (850) 366-8917, or drop us a note and we'll give you the local information needed to ensure a successful, smooth transaction.
As a local born and raised in Tallahassee with a focus on customer service, I promise you'll find great success when working with Joe Manausa Real Estate, just as have our past customers. You can read thousands of their reviews reported on Google, Facebook and Zillow right here: Real Estate Agent Reviews Tallahassee.
Have you heard about my new book "The Business of Getting Business?" It's a comprehensive guide for small businesses to help them make the move to digital. For those of us who want to survive and thrive in a world where large corporations are taking over, it is a must-read. It's also the perfect guide for how to sell a home in the digital age. You can find The Business Of Getting Business by clicking on any of the trusted retailers below.
Think all REALTORS are alike?
Read what people are saying about working with Joe Manausa Real Estate! You can see thousands of real customer reviews reported on Google, Facebook and Zillow at this link: CLICK HERE FOR REAL ESTATE AGENT REVIEWS.
Post a Comment