Zillow Group Stock Price, News & Analysis

Zillow (NYSE:ZG) reports a significant shift in the housing market dynamics for August 2025, with new listings hitting a record low. The market shows signs of balancing between buyers and sellers, with home value appreciation flattening to 0% year-over-year. While total inventory is up 15.3% year-over-year, it decreased 1.3% month-over-month due to sellers' retreat.

The typical home now takes 27 days to sell, a week longer than last year. Price cuts have moderated to 26% of listings, down from July's peak of 27%. Regional variations are stark, with the South becoming more buyer-friendly while the Northeast and San Francisco Bay Area remain seller-friendly markets.

Zillow (NYSE:ZG) has launched an AI-powered Virtual Staging feature integrated into Zillow Showcase, its premium listing platform. The new technology allows home shoppers to instantly visualize rooms in different design styles through an interactive interface. Virtual Staging represents the first major integration from Zillow's October 2024 acquisition of Virtual Staging AI (VSAI).

The feature demonstrates significant business impact, as Showcase agents win 30% more listings than non-Showcase agents, and Showcase listings sell for an average of $7,000 more than comparable non-Showcase properties. This launch follows Zillow's Summer introduction of SkyTour, an interactive aerial view feature, marking continued innovation in the digital home shopping experience.

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.