Zillow Group Inc Stock Price, News & Analysis

Zillow (NYSE:ZG) reports that the U.S. housing market has reached a record value of $55.1 trillion, marking a substantial $20 trillion increase since 2020. Despite high costs cooling buyer demand, the market gained $862 billion in the past year.

The geographic landscape of housing wealth is shifting significantly, with New York leading gains at $216 billion, while traditional growth markets experienced declines, including Florida (-$109 billion) and California (-$106 billion). Nine metro areas now exceed $1 trillion in housing wealth, collectively representing 31.9% of the national total.

New construction has contributed $2.5 trillion to housing value since early 2020, with states like Utah (23%), Texas (22%), and Idaho (22%) seeing the largest share of gains from new development.

Zillow (NYSE:Z) released a new analysis revealing that attending a wedding and bachelor/bachelorette party costs approximately $2,010, nearly equivalent to the typical U.S. monthly rent of $2,072. The study found that 45% of Gen Z and millennials have made housing sacrifices to afford wedding events.

Key findings show that 59% of Gen Z and millennials attended at least one wedding last year, with 28% attending two or more. Common housing trade-offs include choosing smaller homes (15%) and living with roommates (11%). Notably, 25% have declined wedding invitations due to costs.

The report also highlights that a record 36% of rentals offered concessions in July 2025, providing opportunities for renters to balance celebration costs with housing expenses.

Zillow (NASDAQ:ZG) has announced a strategic partnership with Berkshire Hathaway HomeServices to provide its U.S.-based network members access to Zillow Showcase, an AI-powered premium listing experience. This follows a successful initial partnership with HomeServices of America, Berkshire Hathaway HomeServices' parent company.

The Showcase platform offers enhanced features including interactive listing design, high-resolution scrolling images, room-by-room organization, and prominent agent branding. Properties listed through Showcase have demonstrated 2% higher selling prices and are more likely to go pending within the first 14 days compared to non-Showcase listings. The platform includes SkyTour functionality and performance analytics dashboard for tracking listing metrics.

Zillow Group (NASDAQ: Z, ZG), a leader in digital real estate services, announced its participation in the upcoming Goldman Sachs Communacopia + Technology Conference in San Francisco. Chief Financial Officer Jeremy Hofmann will engage in a fireside chat on September 10, 2025 at 2:25 p.m. PT / 5:25 p.m. ET.

Investors can access both live and recorded versions of the webcast through Zillow Group's Investor Relations website under the Events & Presentations section.

Zillow (NYSE:ZG) has announced its flagship event, Unlock 2025, scheduled for November 3-5, 2025, at Fontainebleau Las Vegas. The conference will host up to 2,500 real estate professionals and feature notable speakers including Jessica Alba, Alison Levine, and Kacey Musgraves.

The three-day event will offer over 50 sessions focused on market insights, technology training, and networking opportunities. The conference centerpiece, "The Hub," will provide direct access to product leaders, data scientists, economists, and property-technology companies. The event will conclude with an exclusive performance by Kacey Musgraves at Allegiant Stadium.

Zillow (NYSE:ZG) reports a significant shift in the U.S. housing market, with home values falling in half of the nation's largest markets while rising in others, particularly in the Midwest and Northeast. The national average shows minimal growth of 0.2% year-over-year, with Cleveland leading value increases at 4.7% while Tampa sees the largest decline at -6.2%.

Buyers are gaining leverage across markets, with 27 major metros now in buyers' favor or neutral, up from 24 last month. A record 27.4% of listings have price cuts, and the median listing time has reached 60 days, the longest for any July in Zillow's data. Despite these advantages, high costs continue to keep many buyers sidelined, with monthly mortgage payments still nearly $1,000 higher than pre-pandemic levels.

Zillow (NYSE:ZG) reveals that while the median U.S. mansion (5,000+ square feet) is valued at $1.4 million, four major markets offer these luxury homes for under $1 million: Buffalo ($825,500), Indianapolis ($965,500), Cleveland ($995,200), and Memphis ($996,700).

The analysis shows a significant shift in mansion affordability, with only 30.3% of U.S. mansions now valued under $1 million, down from 45.1% in June 2021. Atlanta leads with over 21,000 mansions under $1 million, while California markets command the highest prices, topped by San Jose with a median mansion value of $6.5 million.

Zillow Group (NASDAQ: Z) reported strong Q2 2025 financial results, with revenue increasing 15% year-over-year to $655 million, exceeding company guidance. Key performance metrics include For Sale revenue up 9% to $482 million, Rentals revenue up 36% to $159 million, and Mortgages revenue growing 41% to $48 million.

The company achieved net income of $2 million and Adjusted EBITDA of $155 million with a 24% margin. Traffic metrics showed positive momentum with 243 million average monthly unique users, up 5% year-over-year. Cash and investments stood at $1.2 billion, reflecting the settlement of $419 million in convertible notes and $150 million in share repurchases.

Zillow (NYSE:ZG) reports a significant shift in the U.S. housing market, with inventory reaching 1.36 million homes in June 2025, the highest level since November 2019. The market is experiencing a notable rebalancing, with 28 of the 50 largest U.S. metros now favoring buyers or showing neutral conditions.

A record-high 26.6% of listings saw price cuts in June, particularly in Sun Belt and Mountain West markets, with Denver leading at 38% price reductions. While inventory remains 21% below pre-pandemic averages, Zillow forecasts levels to approach pre-pandemic norms by year-end. Home sales are showing a seasonal decline, with newly pending sales dropping 4.9% from May, though slightly above last year's levels.