There are 4 zip codes for Evergreen: 95121 (northwest evergreen), 95138 (southwest evergreen), 95148 (northeast evergreen), 95135 (southeast evergreen).
95121 schools are rated from 5 to 10 (James Franklin Elem). Ave price sold in 11/1/11 was $370K
95148 schools rated from 4 to 10 (carolyn clark elem). Ave price sold in 11/1/11 $430K
95138 only 2 schools - rated at 7 & 10 (Silver Creek Elem). Ave price sold in 11/1/11 was $640K
95135 only 3 schools all rated at "10" (Matsumoto, Evergreen, Chaboya). Ave price sold in 11/1/11 - $530K
In answer to your question, the stats show there is a noticeable difference in property values and demand due to higher school ratings in the evergreen area.
If you want to see for yourself, go to: http://www.buyorsellhomesinthebayareaca.com/mischool/zip/95135/.
This link will bring you directly to the stats for 95135. To see the stats of the other zip codes, just enter the other zip codes in the window beside the "Enter a zip code to get started Search" window. Hope this helps.
If you want more information about the Evergreen area or are interested in previewing Evergreen homes and need my opinion on whether the homes match your criteria, call me at 408-316-0793 or email - firstname.lastname@example.org