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ipropertymanagement.com › research › zillow-statisticsZillow Statistics [2024]: Traffic, Market, & Real Estate Trends
Zillow Home Value Index (ZHVI): A measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.
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On Google, more people enter the search term “Zillow” than “real estate.”. 1. Zillow Group, Inc.’s annual revenue was $8.15 billion for 2021. 2. The company’s gross profit was $1.75 billion. 3. Annual reported sales growth in 2021 was 18.99%. 4. Zillow’s annual sales growth peaked in 2021, growing 143.99%. 5. Zillow has a $7.22 billion market rate ...
Zillow.com launched in 2006, predating Zillow Group by 8 years. 1. Zillow.com receives 93.2 million unique visitors per month. 2. The average user spends 6 minutes and 21 seconds on Zillow.com per visit 3. Users look at an average of 16.33 pages per visit. 4. 37.17% of Zillow.com traffic is from a search engine. 5. 93.49% of Zillow’s search engine ...
Zillow’s mobile applications, or “apps,” continue to grow in users. 1. 58.46% of Zillow visits come from mobile users. 2. Users view 157 homes per second on Zillow mobile apps. 3. The Zillow app has been downloaded over 10 million times on GooglePlay. 4. 6.5 million Apple users give the app 4.8 stars out of 5. 5. Every Zillow app has a user score o...
Despite elimination of its iBuyerprogram, Zillow remains an important tool for homeowners, buyers, and shoppers. 1. 95% of people interested in buying a home research the process online first. 2. 51% of home buyers find their home online. 3. 28% of home buyers find their home through their realtor. 4. Zillow apps and websites log over 10.2 billion ...
Zillow Group is the parent to companies and various business segments, such as Zillow Homes and Zillow Research, and acquisitions are now operating under the Zillow brand. 1. Zillow Home Loans(formerly Mortgage Lenders of America)is a matching service for prospective home-buyers and lenders. 2. Zillow Research gives individuals and real estate comp...
Homeowners and real estate professionals use Zillow to evaluate and advertise homes. 1. Zillow generated 16.9 million leads for agent advertisers in one year. 2. 2 million real estate professionals have listings on Zillow. 3. 92,366 are Zillow Premier Agents. 4. 80 million homes on Zillow have been updated by users.
Zillow has 135 million properties listed in its database and 48.11% of real estate website traffic. Learn more about Zillow's revenue, users, programs, acquisitions, and market share.
Feb 22, 2024 · Key Zillow Stats. By visitor traffic, Zillow is the largest real estate website in the U.S., averaging 57 million monthly visitors in 2023. Zillow Group-owned Trulia is ranked third for real estate websites in the U.S., averaging 9.8 million monthly visitors in 2023.
Jul 7, 2021 · In order to gain a comprehensive understanding of U.S. homeowners, Zillow Group Population Science conducted a nationally representative survey of more than 2,300 homeowners. The study was fielded between March and May 2021.
Jun 18, 2024 · According to the U.S. Census Bureau, roughly 1.45 million homes were completed in 2023. The increase over 2022 is a sign of progress, but much more needs to be done. Reforming zoning rules to allow for more density is key for more homes to be built.
Zillow internal transaction data show that the share of home transactions in the first half of 2020 were about 15% non-single-family detached houses, growing to 17% in the same period in 2021.
Zillow found that nearly two million renters unable to afford homes in metro areas could now afford to buy farther out because they no longer had to commute to work. As a result, many renters became homebuyers and home and rental prices diverged around the time the pandemic hit the United States.
