Zillow Group IR Blog

Category Archives: Market Report

September 2018 Real Estate Market Report

Rents Drop Year-Over-Year for the First Time Since 2012 Because of a small decline earlier this year, the median rent nationwide is now down 0.2 percent from September 2017 – about $3 a month. Rents last turned down in July 2012, then climbed steadily to peak growth of 6.6 percent in July 2015. After reaching […]

August 2018 Real Estate Market Report

Rents Flat Year-Over-Year for First Time Since 2012 • The median rent nationwide is $1,440, unchanged from a year ago – marking a sixth consecutive month of slowing and 27 months of sub-3 percent annual growth. • The median U.S. home is worth $216,700, up 6.5 percent over the past year. • The number of […]

July 2018 Real Estate Market Report

Home-Value Growth Slowing in Several Hot Markets The median U.S. home value climbed 8 percent over the last year to $218,000, but growth is slowing in 20 of the 35 largest U.S. housing markets, with Seattle and Tampa, Fla., reporting the greatest slowdowns. One reason for the slowdowns is a greater number of homes for […]

June 2018 Real Estate Market Report

Half of Homes Have Regained Peak Values, But the Recovery Is Uneven  Half of all U.S. homes (50.4 percent) are currently worth as much or more than they were at the peak of the housing bubble, but the recovery has been uneven. 57.1 percent of homes in the top value tier have met or exceeded […]

May 2018 Real Estate Market Report

When Rent Growth Signals Stability, Not Stress The U.S. Zillow Rent Index rose 2.1 percent year-over-year in May, to $1,440 per month, a faster pace than a year ago but still well within the range that is considered sustainable over the long term. The U.S. Zillow Home Value Index rose 8.1 percent over the past […]

April 2018 Real Estate Market Report

Home Values Climbing at Fastest Rate in 12 Years  The median U.S. home value rose 8.7 percent to $215,600 in April, the fastest year-over-year climb since June 2006, when the housing market was slowing from its bubble-driven, double-digit growth. By September 2007, the median home value had begun to decrease. By contrast, the current gain […]

March 2018 Real Estate Market Report

Inventory Remains at Historic Lows; Majority of Homes For Sale are Higher End By Svenja Gudell  Home shoppers have almost 9 percent fewer homes to choose from than a year ago, and more than half of them are high-end homes. Home values across the U.S. rose 8 percent since last March, to a median of […]

February 2018 Real Estate Market Report

Rent Growth Accelerating at Fastest Pace in 21 Months By Aaron Terrazas Median rent nationwide is accelerating at its fastest annual pace in 21 months, climbing 2.8 percent year-over-year to $1,445 in February. Home values rose 7.6 percent year-over-year to a median of $210,200, with the San Jose, Calif., metro posting astonishing annual home value […]