Bah, Humbug! Holiday Streets Have Lower Zestimates

• The median Zestimate of a home on Holiday is $268,042. This is 18% lower compared to the median Zestimate of a home on a non holiday-themed street, or a nearly $60,000 difference.
• In Austin, an address containing Merry is associated with a nearly 92% premium compared to addresses without a holiday theme.

If you love the holidays enough to live on a holiday-themed street, you may be disappointed to hear that the Grinch stole your home values along with Christmas. 

Nationwide, the median house on a street with “holiday” in the name is worth $268,042 or 18% less than the median home on a normal street, whose median value is $327,257. Addresses containing “merry” and “holly” are not associated with a significant premium compared to non-holiday-themed streets, having a median home value difference of only $367 and -$26 respectively. 

None of these street names are very common, though. Addresses containing holly are the most common, and are about 0.1% of total addresses.

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Miami is the most lacking in holiday spirit, where homes with addresses containing “holiday” have a median Zestimate 69% lower compared to homes without a holiday-themed name, over a $300,000 gap. Contrast that with snowy Detroit, where addresses containing “holiday” come with a 63% premium when compared to homes without holiday-themed street addresses.

San Antonio homes on “merry” street have a median Zestimate 35% lower than homes on normal streets, and the merriest homeowners live in Austin, where the median Zestimate of homes was 92% higher than their neighbors.

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