More Than 1,000 Schools Closed Last Year—Nearby Home Values Could Feel It

More than 1,000 public schools across 700 communities closed last year, according to new data—shuttering a prized neighborhood amenity and potentially putting nearby home values at risk.

Just ask Virginia Morris. She and her family moved to their neighborhood in Oro Valley, AZ, because they saw the local school as a “package deal.”

Copper Creek Elementary was A-rated, close enough to walk to, and deeply tied to the surrounding community—exactly the kind of feature that has shaped homebuying decisions for decades…

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