Zillow Group IR Blog

Category Archives: Market Report

November 2019 Real Estate Market Report

U.S. home values grew 3.8% year over year to $243,225. This is the smallest annual growth since January 2013, but quarterly growth has reaccelerated in recent months. Rent growth accelerated for the fifth straight month, up 2.3% annually to $1,600. For-sale inventory fell 6.4% from a year ago. There are 102,463 fewer homes on the […]

October 2019 Real Estate Market Report

Rents grew 2.3% year-over-year in October, driving the median U.S. rent up to $1,600. The typical home in the U.S. is worth $231,700, 4.7% higher than a year ago. That’s the lowest annual growth since February 2013. Inventory fell 6.3% year-over-year, the most in 18 months after a brief period of gains earlier this year. […]

September 2019 Real Estate Market Report

For-sale inventory continued to fall in September after a mild recovery earlier this year. There are 102,112 fewer homes on the market in the U.S. than there were last year, a 6.4% year-over-year drop. The median home in the U.S. is worth $231,000, up 4.8% from this time last year. Accelerating quarterly growth indicates that […]

August 2019 Real Estate Market Report

The median home in the U.S. was worth $229,600 in August, up 4.9% from a year ago. Quarterly growth reached an annualized rate of 3.4% – up from 0.4% in May – suggesting the market may be re-accelerating even as annual growth continues to slow. Rent growth continued to accelerate, up 2% year-over-year to $1,595. […]

July 2019 Real Estate Market Report

Home Value Growth Continues Steady Normalization as Inventory Creeps Up The rate of year-over-year home value growth has fallen in each of the past seven months. The median U.S. home is worth $229,000, up 5.2% from this time last year. Rents grew 1.9% on an annual basis. The median monthly rent in the U.S. is […]

June 2019 Real Estate Market Report

U.S. Rent Growth Accelerates as Home Values Stabilize Rents grew for the ninth straight month, and are now up 3% year-over-year. The median monthly rent in the U.S. is $1,483. Home values grew 5.2% year-over-year, down from 7.6% annual growth at this time last year. For-sale inventory in the U.S. fell 0.8% annually. There are […]

May 2019 Real Estate Market Report

Housing Market Continues to Cool and Normalize  The typical U.S. home was worth $226,800 in May, up 5.4% from a year earlier but down 0.1% from April. The median monthly U.S. rent is $1,479, up 2.7% year-over-year. For-sale inventory in the U.S. fell 0.5% from a year ago, but rose in 23 of the 35 […]

April 2019 Real Estate Market Report

Home Values Dip Month-Over-Month for First Time in Seven Years In April, the median home value fell 0.1% from March, the first time the market has posted a monthly decline in seven years. A more stable metric—year-over-year appreciation—shows U.S. home values up just 6.1% from last April. That’s below annual growth of 7.5% in April […]

March 2019 Real Estate Market Report

Home Value Cooling Is More About Changes in Demand Than Supply The market has begun to cool, with the median home value nationally climbing in March by less than 7% annually (to $226,700) for the first time in more than two years. Home values are growing especially slowly in some markets that until recently were […]

February 2019 Real Estate Market Report

Rent Growth Climbs Again After Short-Lived Correction For a while last year, it looked like the U.S. rental market might be headed for a serious slowdown. Year-over-year rent growth dipped below 1 percent – and then it stopped growing altogether. In September and October, the U.S. median rent was lower than it had been the […]

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