Zillow Group Inc Stock Price, News & Analysis

Zillow Group (NASDAQ: Z, ZG) has scheduled its second-quarter 2025 financial results announcement for August 6, 2025, after market close. The company will host a conference call and webcast to discuss the results at 2 p.m. PT / 5 p.m. ET on the same day.

Investors can access the live webcast, financial results, and replay through Zillow's Investor Relations website. Pre-registration for the event is available through a dedicated registration link.

Zillow (NYSE:ZG) has unveiled five new features to enhance the home shopping experience. The centerpiece is SkyTour, a revolutionary drone-like 3D viewing technology for property exteriors, powered by Gaussian splatting technology. Other innovations include Offer Insights for analyzing offer strength, Rentals Costs & Fees Breakdown for transparent pricing, Tour Itineraries for streamlined home viewing, and enhanced BuyAbility tools for affordability assessment.

The BuyAbility feature has already attracted over 1.5 million users since launch. The new tools aim to address key pain points in real estate, with 94% of buyers using online tools for home searches and 64% preferring online tour scheduling. These features are now available nationwide on Zillow's website and mobile apps.

Zillow (NYSE:ZG) reports that America's housing shortage reached a record 4.7 million units in 2023, with the deficit growing by 159,000 homes despite robust construction activity. While 1.4 million new homes were added to the housing stock in 2023, this failed to match the formation of 1.8 million new families.

The analysis reveals that 8.1 million families are currently "doubled up," sharing homes with non-relatives, with Millennials representing 38% of these arrangements. The largest housing deficits are concentrated in major metros like New York (402,361 units), Los Angeles (338,750 units), and Boston (150,541 units).

Despite record construction levels of 1.45 million completed units in 2023 and 1.63 million in 2024, affordability remains a challenge. A median-income family now needs a $17,670 raise to afford a typical home compared to 2019 levels.

Zillow (NYSE:ZG) released a comprehensive analysis revealing that pet-friendly rental listings are significantly more successful in attracting tenants. Based on data from over 11 million rental listings, properties that welcome pets are leased 8 days faster and receive 9% more views, 12% more saves, and 11% more shares than non-pet-friendly listings.

The study highlights that 58% of renters now have pets, a substantial increase from 46% in 2019. Texas cities lead in pet-friendly rentals, with Austin (80%), Dallas (79%), and San Antonio (78%) having the highest share of pet-friendly listings. Notably, New York City showed the most significant impact, with pet-friendly units renting 26 days faster than those that don't accept pets.

Zillow (NYSE:ZG) released a comprehensive analysis revealing a significant affordability gap in the U.S. housing market. The study shows that median-income households now need a $17,670 annual raise to afford mortgage payments on a typical U.S. home valued at $367,969, even with a substantial $73,594 (20%) down payment.

The analysis highlights severe affordability challenges in California markets, where median earners need six-figure salary increases to afford typical homes, with San Jose requiring the highest raise at over $250,000. Currently, only 11 major markets remain affordable for median-income households, dramatically down from 39 markets five years ago.

The report also reveals that buyers are increasingly relying on multiple sources for down payments, with 72% using savings, 46% using proceeds from previous home sales, and 38% receiving gifts or loans from family or friends. The affordability crisis has led to increased demand for single-family rentals, which have seen a 41% price increase over the past five years, compared to 30% for multifamily units.

Zillow (NYSE:Z) has released new research highlighting common mistakes homeowners make when selling their properties. According to a survey conducted by The Harris Poll, sellers often invest in wrong improvements, with 23% believing additions offer the best ROI when simpler updates like fresh paint prove more effective.

The study identifies five key misconceptions: investing in wrong projects, underestimating online presence (40% still prioritize curb appeal), inadequate agent research, misidentifying valuable features, and misunderstanding disclosure requirements. Notably, homes with natural materials can sell for up to 3.5% more, while Zillow Showcase listings command a 2% premium.

The research also reveals what sellers get right: 70% understand the importance of listing on major real estate portals, and most recognize that private listings typically result in $5,000 lower sale prices.

New Zillow research reveals that specific paint colors can significantly boost home sale prices in 2025. Dark olive green kitchens can increase value by $1,597, while navy blue bedrooms can add $1,815 to the sale price. Charcoal gray living rooms continue to be popular, potentially adding $2,593 to home values. The study, conducted by Zillow's behavioral science team surveying 4,200+ buyers, shows that darker, dramatic shades are preferred over traditional white and light colors. However, certain colors can negatively impact sale prices - daisy yellow kitchens or living rooms could decrease value by approximately $4,000, while fire hydrant red in living rooms or bedrooms could reduce prices by about $2,000.

According to Zillow's latest market report, the housing market showed signs of balancing in May 2025, with newly pending sales rising 3.5% from April and standing 0.9% above last year. Available homes increased to 1.3 million, the highest since July 2020, giving buyers more options. Home values declined in 22 of 50 largest metros, with sellers cutting prices on 26% of listings nationwide. The market is experiencing less competition, with homes taking 17 days to sell. Notably, renting a starter home is now approximately $100 cheaper monthly than a mortgage payment on a typical U.S. home with 10% down, contrasting with six years ago when renting was $373 more expensive than buying. The shift toward a more balanced market is attributed to stable economic conditions, lower mortgage rates than last year, and increased inventory, though affordability remains a significant challenge for buyers.

The luxury housing market showed signs of slowing in April 2025, with the typical luxury home (top 5% most valuable) valued at $1.8 million nationwide. Despite the slowdown, luxury home values increased 2.7% year-over-year, outpacing the broader market's 1.4% growth. New listings fell 5% from March and 3.4% year-over-year, while pending sales dropped 12% month-over-month. California dominates the luxury market, with San Jose ($5.9M), Los Angeles ($5.1M), and San Francisco ($4.8M) leading. The hottest luxury markets include Cincinnati (7.3% growth) and Columbus (6.8%), while Austin (-2.1%), Tampa (-1.7%), and Miami (-0.5%) saw declines. Financial volatility and economic uncertainty have caused both buyers and sellers to proceed cautiously, though limited supply continues to support prices.