Zillow uses advanced AI and machine learning models to analyze millions of data points (public records, tax assessments, MLS data, images) to generate real-time home value estimates ("Zestimates") with high accuracy. AI also powers photo analysis for more precise valuations and search recommendations.
- Zestimate covers 116M+ U.S. homes
- Median error rate 1.94% on-market, 7.06% off-market
- Real-time updates daily
- High user engagement and trust
Traditional home valuations were slow, manual, and lacked real-time accuracy
Developed Zestimate using neural networks and machine learning, integrating diverse data sources and image analysis for continuous real-time valuation updates
- Instant, reliable home valuations
- Improved market transparency
- Enhanced agent tools
- Continuous accuracy improvements