Is Zillow Accurate? - The Zillow Pill
Many Realtors have an absolute love-hate relationship with Zillow over several issues, but the main pill is always "is Zillow accurate". Zillow has certainly done a bang up job when it comes to buyer traffic and enticing sellers to want their homes on their real estate site.
Take your meds, but check the side effects first.
Answering the question is Zillow accurate is easy and the answer generally no. But depends on local MLS cooperation in your area. Zillow often over-estimates and under-estimates house values. Either way, it's bad for buyers, sellers and for agents trying to serve their clients.
Using some homes from the Cincinnati MLS, let's take a look at a few properties and ask is Zillow accurate…