Not exact matches
In 2016, the
median error rate for Zillow's Zestimate ™ dropped from 8 percent to 4.5 percent.
«Overall, the Zestimate is incredibly accurate — with a
median error rate of 4.5 percent — but occasionally human
error does occur,» Zillow spokesman Viet Shelton said
in a statement.
The company admits to having a
median error rate of 8.8 percent
in Atlanta, and when that shows up at the top of the search results, it hits home with buyers.
You can see from the table above that the accuracy varies from city to city but overall the
median error rate for all Zillow Zestimates
in the U.S. is 6.1 %, according to Zillow.
Let's look at the
error rate in monetary value with an estimate based on the
median home value.
In the top metros, Zillow says accuracy ranges from a median error rate of 5 % in Washington, D.C. to 9.5 % in Pittsburg
In the top metros, Zillow says accuracy ranges from a
median error rate of 5 %
in Washington, D.C. to 9.5 % in Pittsburg
in Washington, D.C. to 9.5 %
in Pittsburg
in Pittsburgh.
Zillow noted
in court documents that the
median error rate of home values is 5.6 percent and 3.6 percent
in the Chicago area.