https://www.businessinsider.com/what-is-a-zestimate-zillow-home-value-algorithm-history-accuracy-2021-11?op=1
Zestimates are home valuations determined by a secret combination of public and user-submitted data. The feature is always what set Zillow apart from competitors. Here's a look at the tool's history.

https://listwithclever.com/real-estate-blog/how-accurate-is-a-zillow-zestimate-5-things-to-know/
What is a Zestimate? A Zestimate is Zillow's estimated market value for a home. Zillow has calculated Zestimates for around 100 million US homes. Estimator tools are a good starting point to determine your home's value. Knowing your Zestimate can be helpful, but you'll want to compare it with estimates from other top home value estimators.

https://www.msn.com/en-us/money/realestate/how-accurate-are-zillow-zestimates-really/ar-BB1p0KMM
To simplify, two apartments could be identical in layout and size. On Zillow and Trulia both could have the same valuation. However, one may be on the front side of the building, looking over a

https://www.zillow.com/z/zestimate/
The Zestimate® home valuation model is Zillow's estimate of a home's market value. A Zestimate incorporates public, MLS and user-submitted data into Zillow's proprietary formula, also taking into account home facts, location and market trends. It is not an appraisal and can't be used in place of an appraisal.

https://www.seattletimes.com/business/real-estate/does-zillow-hit-the-mark-we-put-zestimates-to-the-test/
That's one reason Zillow assigns homes a value range as well as a Zestimate. The Gastons' home had a value range of $588,507 to $759,584 — a $171,077 spread. Accuracy varies from area to area

https://www.zillow.com/how-much-is-my-home-worth/
A Zestimate is Zillow's estimated market value for a home, computed using a proprietary formula including public and user-submitted data, such as details about a home (bedrooms, bathrooms, home age, etc.), location, property tax assessment information and sales histories of the subject home as well as other homes that have recently sold in the area.

https://naffzigerrealtyconsultants.com/blog/how-accurate-are-zillows-zestimate-and-other-automated-valuation-models-avm/
One of the most well-known online real estate marketplaces, Zillow, created the Zestimate or Zillow Estimate, which provides home value information. The Zestimate is essentially an automated valuation model (AVM) and it's a widely recognized feature in the real estate industry. In this blog, we'll take a deeper look at what an automated

https://marketrealist.com/p/are-zillow-estimates-accurate/
Zillow has its own home valuation tool called a Zestimate. According to the company's website , the tool "incorporates public and user-submitted data, taking into account home facts, location and

https://www.tampabay.com/news/business/realestate/how-accurate-are-those-zestimates-from-zillow-we-put-them-to-the-test/2329653/
Tampa agent Vince Arcuri calls Zillow's valuations "very inaccurate,'' as shown by the $580,081 Zestimate on a home he listed in Lutz's popular Cheval East area. The house sold in June for

https://www.zillow.com/tech/home-value-estimates/
For example, consider a home with three submodel estimates: $40,000, $50,000 and $100,000. The modeling system may determine that the $50,000 estimate or some blend of the $40,000 and $50,000 estimates are the most accurate value for the Zestimate. However, if the home is then listed for sale at $95,000, the system will look for a submodel that

https://www.simplyhomes.com/blog/5-reasons-why-zillow-home-estimates-might-be-misleading-you
Zillow's special system refreshes its collection of property values three times per week, using details from public and user-submitted data. However, while the site claims most Zestimates are "within 10 percent of the selling price of the home," if any details are incorrect or missing (like the current condition of the home), this affects

https://www.baileybrauneckerrealtor.com/blog/how-accurate-are-zillow-zestimates-what-you-should-know
Special upgrades, renovations, or custom features may not be adequately considered in the algorithm since Zillow hasn't seen the inside of your home and know these features exist. 3. Neighborhood Variability: Zestimates are based on broad comparisons with nearby properties, but neighborhoods can vary significantly. A Zestimate might not

https://fieldguided.com/how-accurate-is-zillow-vs-appraisal/
The Zestimate algorithm is based on a range of factors, including the location and size of the home, recent sales of similar homes in the area, as well as other data such as the number of bedrooms and bathrooms. Zillow claims that the accuracy of the Zestimate varies, but on average it is within 10% of the final sale price.

https://www.modernlivingsonoma.com/why-using-zestimates-can/
We just listed a home in Occidental, 7001 Bohemian Hwy for $749,000. Prior to us putting it on the market, Zillow estimated its value at $673k while Redfin estimated its value at $816k. Now we have listed it for $749k Zillow has adjusted its valuation to $817k, within $1000 of the original Redfin estimate.

https://zillow.zendesk.com/hc/en-us/articles/1500002001701-What-is-a-Zestimate-home-value
Updated. (Pronounced ZEST-ti-met ) The Zestimate® home valuation model is Zillow's estimate of a home's market value. The Zestimate incorporates public, MLS and user-submitted data into Zillow's proprietary formula. It also takes into account home facts, location and market trends. It is not an appraisal and can't be used in place of an

https://www.zillow.com/tech/introducing-a-new-and-improved-zestimate-algorithm/
Stan Humphries • Jun 27 2019. The algorithm that powers Zillow's signature home valuation tool — the Zestimate — is getting an upgrade. Now more accurate than ever, the new Zestimate uses computer vision to analyze photos of a home to understand not just its facts and figures, but its quality and curb appeal. The Zestimate also now

https://www.myhomemysale.com/post/the-zillow-zestimate-navigating-accuracy-in-home-valuations
Local Market Dynamics: Zestimates can be more accurate in areas with a high volume of home sales and readily available data. In contrast, accuracy might be lower in less active markets. Property-Specific Details: The accuracy of a Zestimate can be influenced by the availability and accuracy of property details.

https://blog.topagent.com/2017/02/09/zillow-home-value-zestimates-purposefully-inflated/
He noticed it went up over $100,000 last month and wondered if the real estate market was that good right now. Of course, his value didn't change $100,000 last month. Perhaps you've heard the story of Zillow CEO Spencer Rascoff. His home was valued at $1,750,405 on March 1, 2015. The funny thing is, it sold 1 day earlier for $1,050,000.

https://money.stackexchange.com/questions/87524/how-much-can-i-trust-zillows-zestimate-of-my-homes-value
My wife and I purchased a townhouse almost two years ago. I've signed up at Zillow to receive occasional (monthly?) "Home Report" emails which includes a "Zestimate" of my current home's value, as well as other info like nearby homes that are for sale or sold, how much they think I could ask for monthly rent, etc. I'm quite surprised that our home's value according to their Zestimate is about

https://www.zillow.com/learn/influencing-your-zestimate/
A Zestimate valuation is a proprietary Zillow tool for getting a free, instant estimate of a home's market value. The Zestimate is calculated through a Zillow algorithm that crunches data from public property records, tax records, recent home sales in the area, and user-submitted information to come up with an approximate market value for a home.

https://yourhomesoldguaranteedrealty-scottcoldwell.com/zestimate-accuracy/
For accuracy, Zillow encourages homeowners to verify details like square footage, beds/baths, renovations, customized features and more. If outdated or incorrect data is used, Zestimates will be skewed. Additionally, the model won't capture hyperlocal influences on values - issues only seasoned local real estate professionals can analyze

https://www.reddit.com/r/RealEstate/comments/6erwkl/recent_lawsuits_against_zillow_over_zestimates/
Recent lawsuits against Zillow over Zestimates. There are a couple recent lawsuits filed against Zillow over its Zestimate tool. A builder is filing a class action suit, on the grounds that it amounts to an unlicensed appraisal. The builder claimed that the Zestimate for a newly built house was lower than the construction costs.

https://www.zillow.com/z/c/why-doesnt-my-house-have-a-zestimate/
If your home doesn't have a Zestimate, there are two possible reasons: Non-disclosure state — Your home is in a "non-disclosure" state (Idaho, Indiana, Kansas, Louisiana, Mississippi, Montana, New Mexico, Texas, Utah, and Wyoming) where transactions are not publicly reported and therefore, we do not have enough data to create a