Could COVID-19 potentially impact Zestimates?
Zillow publishes Zestimate home valuations for 97.5 million homes across the country. To calculate a Zestimate for any given home, Zillow uses computer models that incorporate data such as county and tax assessor records, feeds from hundreds of listing services and brokerages, and home facts and features. As the data changes, so does the Zestimate.
Recent home sales and new for-sale listings also affect the Zestimate. Both sales and listings have slowed due to COVID-19 concerns, making it harder to calculate Zestimates.
As local housing markets adapt to the new conditions, Zestimates and forecasts may change too. To learn more about the Zestimate and how it’s calculated, please see our Zestimate FAQ.