Generally, Zillow’s predicted market value is not any better now than it was 18 months ago.
The Zestimate is within 5 percent of the actual sales price roughly half the time.
In September 2012, the Zestimate was just as likely to be too low as too high; now, it is roughly twice as likely to be too low.
How accurate are zestimates?
According to Zillow, “the vast majority of Zestimates are within 10 percent of the selling price of the home.” But Zestimates are only as accurate as the data behind them, so if the number of bedrooms or bathrooms in a home, its square footage, or its lot size are inaccurate on Zillow, the Zestimate will be off.
Why is my zillow zestimate so low?
Zillow often lacks accurate, up-to-date information about a property, which can cause the site to calculate a Zestimate that is lower than it should be. Luckily, it’s easy to add missing information to your Zillow listing and potentially increase your home’s Zestimate.
What is the most accurate site for home values?
Is Zillow a good estimate of home value?
The Zillow Zestimate of Value Accuracy
Zillow never claims to be 100 percent accurate all the time or even 80 percent accurate most of the time in all areas.