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Lessons in real estate


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  • | 11:00 a.m. August 19, 2016
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Three Florida ZIP codes, including two on the Gulf Coast, made the top 10 in a study of neighborhoods with at least one good school that represents the best home buying bargains nationwide.

The study is from data firm RealtyTrac, now owned by Attom Data Solutions. It looked at test scores for 18,968 elementary schools across the country in 4,435 ZIP codes with a combined 45.9 million single family homes and condos, according to a release. School test scores are from 2015 data from each state's department of education.

A good school, in the report, is defined as any with an overall test score at least one-third above the state average score of 1. The highest scoring school in each zip code was used for the ZIP code analysis. Home value data are from July, the release states, and median home prices are based on January to June 2016 sales compared to the same time period in previous years.

The survey found 117 ZIP codes nationwide that had at least one good school along with a year-to-date 2016 median home sales price of $150,000 or lower — the buying bargains. School scores and home prices have improved compared to one year ago and five years ago in all these ZIP codes, with the ranking based on 10-year home price appreciation, the release adds.

Here are the Florida ZIP codes on the list:

Good school/ 2015 school 2016 median
School City Zip bargain rank score sales price
Perkins St.
Elementary Petersburg 33712 5 1.53 $59,900

Windy Ridge K-8 Orlando 32835 6 1.68 $130,000

Pleasant Grove
Elementary Inverness 34452 9 1.36 $81,500

Source: RealtyTrac, Attom Data

 

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