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What is the Zillow Home Value Index and how is it calculated?

April 26, 2017calculated home value index zillow

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What is the Zillow Home Value Index and how is it calculated?

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A. The Zillow Home Value Index is the median value of all homes in a geographic area. It is a valuation index calculated as the median value (Zestimate) of all homes in a particular geographic area. At the national level, this data is then weighted according to population in each area.