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How does Zillow reach it's Zestimate?

  • March 17 - Myrtle Beach
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Answers (1)

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If you want "specifics", you can read their patent:
US Patent #8,140,421

If you just want the "overview", I would suggest their FAQ on the subject:
http://www.zillow.com/wikipages/What-is-a-Zestimate/

(Lots of variables, not an "equation", and very dependent on last price sold and property tax records).  A non-linear neural network learning model, by County, using non-distressed recently sold data.
  • March 17
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