Methodology

Explore the methods behind Zillow’s housing market data, metrics and research. Learn how we turn millions of data points into consistent measures that help make sense of housing trends across markets and over time.

Zillow Home Value Index

The Zillow Home Value Index measures typical home values across regions using a neural network approach. It provides insights into home price trends and helps buyers and sellers understand market valuations at various geographic levels.

Updated monthly

Zillow Observed Rent Index

The Zillow Observed Rent Index measures rent trends across U.S. housing markets using a repeat-rent approach. It provides insights into rental market dynamics and helps researchers understand rent growth patterns in different geographies.

Updated monthly

Buy vs. Rent Breakeven

The Zillow Buy vs. Rent Breakeven measures the time horizon required for buying to become more cost-effective than renting. It provides insights into housing affordability trade-offs and helps consumers make informed decisions about homeownership.

Updated monthly

ZHVI by Race

The Zillow Home Value Index by Race measures home value trends across neighborhoods with different racial compositions. It provides insights into housing equity and helps researchers understand valuation patterns in racially diverse communities.

Updated annually

Market Heat Index

The Zillow Market Heat Index measures market competitiveness across metro areas by analyzing listing views, time on market, and price changes. It provides insights into buyer demand intensity and helps home shoppers identify competitive markets.

Updated monthly

Zillow Observed Rent Forecast

The Zillow Observed Rent Forecast measures future rent trends using time-series forecasting models. It provides insights into expected rental market conditions and helps renters and investors anticipate future rent changes. Updated monthly with 12-month forward projections.

Updated monthly

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