Education is very important and every parent wants to give the best they can offer to their kids. Therefore higher ranking schools have values capitalized into single family home prices. In addition to school ranking, the closer the proximity to schools (especially elementary) the more desirable and higher the home prices

Take for example the highest ranking schools in Fremont CA, Mission San Jose. Home Sales for a 1600-2000 sq ft home built 1055-1970range from 800,000-1,000,000 in the Mission San Jose School area.

Home in a fair ranking school area in Fremont Ca but within close proximity to the school sold from $600,000-850,000 for the same type and age of home

Homes in a fair ranking school are in Fremont CA without close proximately to schools ranges from 450,000-600,000

The difference between property values in top rated schools vs. fair ranking schools can range 100,000-200,000

Private school on the other hand can range from $16,000 for elementary. Financially may make more sense to find a high rated private school than pay 100,000’s of the average for a school that the district could change the boundaries at anytime.