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Zillow Home Value Index (ZHVI): A measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range. Available as a smoothed, seasonally adjusted measure and as a raw measure.
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The Zillow Home Value Index is available for many different geographic regions, including states, cities, counties, neighborhoods and ZIP codes. The Zillow Home Value Index can be used to compare the typical value of a home in one region versus another region.
The Zillow Economic Research team publishes a variety of real estate metrics including median home values and rents, inventory, sale prices and volumes, negative equity, home value forecasts and many more. Most datasets are available at the neighborhood, ZIP code, city, county, metro, state and national levels, and many include data as far back ...
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.
To calculate a Zestimate, Zillow uses a sophisticated neural network-based model that incorporates data from county and tax assessor records and direct feeds from hundreds of multiple listing services and brokerages.