“Zestimates” are estimated home values based on 7.5 million statistical and machine learning models that analyze hundreds of data points on each property. And, by continually improving the median margin of error (from 14% at the onset to 5% today)
Zillow Prize, a competition with a one million dollar grand prize, is challenging the data science community to help push the accuracy of the Zestimate even further.
... participants will develop an algorithm that makes predictions about the future sale prices of homes.
...qualifying round which opens May 24, 2017 and the private round for the 100 top qualifying teams that opens on Feb 1st, 2018"