What cities is Zillow Offers iBuying homes?
Zillow Offers launched initially in 12 markets:
Phoenix
Median home value $242,100
Las Vegas
Median home value $274,100
Atlanta
Median home value $257,700
Denver
Median home value $422,700
Charlotte
Median home value $226,100
Raleigh
Median home value $277,400
Houston
Median home value $186,700
Riverside
Median home value $409,800
Dallas
Median home value $409,800
Fort Worth
Median home value $197,500
Minneapolis
Median home value $267,100
Orlando
Median home value $241,500
Portland
Median home value $417,600
Zillow Offers is aggressively expanding and are in the process of adding:
Nashville
Median home value $263,000
Miami
Median home value $335,000
San Diego
Median home value $634,100
San Antonio
Median home value $177,400
Austin
Median home value $370,700
Sacramento
Median home value $326,400
Tampa
Median home value $218,900
Los Angeles
Median home value $688,700
How many homes has Zillow Offers purchased?
Zillow Offers has purchased well over 700 homes in 2018 and is expected to more than 5X that over the next couple of years.
What is the medium cost per home?
Zillow Offers gravitates to homes in the $200K - $400K range. It really depends on the city and obviously the market conditions.
How quickly do they make an offer?
Zillow Offers typically respond within 72 hours
How quickly do they typically take to close?
Since they pay cash and there isn’t any real estate agent involved, they can close within a week.
