Real Estate Market Reports

Real Estate Market Reports  |  Negative Equity  |  Zillow Home Price Expectations Survey  |  Zillow Housing Confidence Index  |  Breakeven Horizon  |  Affordability Research

The Zillow Real Estate Market Reports are a monthly overview of the national and local real estate markets. The reports are compiled by Zillow Real Estate Research and are released on a monthly and quarterly basis 2-3 weeks after the close of the period. The report includes forecasting, foreclosures, home value changes and rents. For more information, visit

The data in Zillow's Real Estate Market Reports is aggregated from public sources by a number of data providers for 930 metropolitan and micropolitan areas dating back to 1996. Mortgage and home loan data is typically recorded in each county and publicly available through a county recorder's office. All current monthly data at the national, state, metro, city, ZIP code and neighborhood level can be accessed at  

To download the comprehensive research brief, visit 

Highlights (December 2014)

  • Home values in the bottom one-third of all homes rose 6.8 percent year-over-year in 2014, outpacing the 6.6 percent annual growth in all homes over the same period.
  • Inventory of for-sale homes was up 12.2 percent year-over-year in December.
  • Home values are expected to grow another 3 percent in 2015, according to the Zillow Home Value Forecast.

Past Reports: