Forbes: How Accurate Are Zillow Estimates?

Be careful about falling in love with home value estimates you see online because many are far above market value.


Those home sellers who “anchor” on inaccurately high estimates will overprice their homes for sale and then it's emotionally hard for them to lower the price.


Home listings that start out way overpriced can languish unsold and end up selling for less than if they were priced more accurately when they first hit the market and buyer interest was by far the highest...


Home sellers can get a quick glimpse into the inaccuracy of online home value estimators by comparing the estimates different websites give for the same house.


Check out the value estimates for your home on Zillow, Realtor.com, Redfin and Trulia, and you’ll likely be shocked at how much they differ.


Read the entire Forbes article >

June 14, 2026
Can I Trust the ‘Zestimate’ for My Home on Zillow? | New York Times Real Estate Q&A Pretty remarkable statement in the middle of this short article: A Sotheby's agent is quoted as saying, "He has never heard of a tax assessor relying on a Zestimate." Don't rely on algorithmic valuations for your property's value. These estimates are interesting, but anything but the final word. Read the paywalled article on NYTimes.com >
3 reasons online home value estimates fail
April 13, 2026
Why Your Zillow Estimate is Wrong | What Your Home is Actually Worth | Pauly Campanaro Discover the 3 reasons online home value estimates fail: they can't account for condition (your $40K kitchen remodel), they lag behind the market (using 60-90 day old data), and they don't know your competition (what's hitting the market this week). Learn why pricing right matters: homes priced correctly sell 19 days faster and for 3.8% more ($15K+ on a $400K home). Excerpted from this video posted by Pauly Campanaro:
Screenshot of a Twitter post by Ryan Lundquist, discussing a property's Zestimate history and price changes.
September 15, 2023
@SacAppraiser | Ryan Lundquist Zestimate history. This property in Roseville listed at $349K, and the Zestimate matched the list price at $349K despite comps being above $600K. After 11 days the price went to $699K (sold $638K). Today's Zestimate shows no history of $349K. Maybe a brief Zestimate gets erased?
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