170 million monthly visitors
Avg. listing price: $415,000
Conversion rate: 9.1%
68 million monthly visitors
Avg. listing price: $398,000
Conversion rate: 12.4%
Metric | Zillow | Redfin |
---|---|---|
Monthly visitors | 170 million | 68 million |
Average home-sale price listed | $415,000 | $398,000 |
Lead conversion rate | 9.1% | 12.4% |
Mobile-app rating (iOS/Android) | 4.5 / 4.4 | 4.7 / 4.6 |
Commission model for agents | Traditional 2.5-3% split | 1% + $5,000 fee |
Revenue (FY 2024) | $3.1 billion | $1.1 billion |
When you type "homes for sale" into a search engine, Zillow almost always appears on the first page. That dominance makes the question "who is the biggest competitor of Zillow?" more than a trivia item - it’s a real decision point for buyers, sellers, and agents who rely on online tools to move property. This article breaks down the major players, explains why one of them consistently edges out the rest, and gives you a clear way to pick the platform that fits your goals.
Zillow was founded in 2006 and quickly grew into the go‑to online real‑estate marketplace in the United States. Its core strengths lie in massive data aggregation - the "Zestimate" valuation engine, auser‑friendly mobile app, and arobust advertising network for agents. As of Q22025, Zillow reports about 170million monthly visitors and aportfolio that includes Trulia (acquired in 2015) and the iBuyer arm Zillow Offers.
Those numbers are impressive, but they don’t tell the whole story. Industry analysts focus on three performance pillars: traffic volume, lead‑conversion efficiency, and revenue per lead. While Zillow wins on traffic, its conversion rates have slipped as agents and buyers grow wary of the Zestimate’s occasional inaccuracies.
Every major competitor can be grouped into two buckets: pure‑listing aggregators and hybrid broker‑tech platforms that also act as abrokerage.
Internationally, sites like Rightmove (UK) and Realestate.com.au (Australia) dominate their markets, but they rarely compete directly with Zillow for U.S. users.
Redfin’s claim to being Zillow’s biggest competitor isn’t just marketing fluff - the numbers back it up. Here are the three data points that analysts cite most often:
These strengths translate into a$13.2billion market cap (as of August2025) that’s still shy of Zillow’s $22billion, but growth‑rate momentum is higher for Redfin - 18% YoY revenue growth versus Zillow’s 6%.
Even if Redfin leads the pack, the landscape is nuanced. Each platform brings something unique:
Metric | Zillow | Redfin |
---|---|---|
Monthly visitors | 170million | 68million |
Average home‑sale price listed | $415,000 | $398,000 |
Lead conversion rate | 9.1% | 12.4% |
Mobile‑app rating (iOS/Android) | 4.5/4.4 | 4.7/4.6 |
Commission model for agents | Traditional 2.5‑3% split | 1% + $5,000 fee |
Revenue (FY2024) | $3.1billion | $1.1billion |
The table shows why Redfin often beats Zillow on the metrics that matter most to active home‑buyers and agents - conversion and user experience. Zillow’s sheer size still gives it the advantage in advertising reach and brand recall, but the gap is narrowing as Redfin invests heavily in AI‑driven search filters and virtual tours.
Deciding between Zillow, Redfin, or another site isn’t a binary choice. Here’s a quick decision tree you can apply:
Most buyers end up using two or three platforms side‑by‑side - for example, browsing Zillow for breadth, then switching to Redfin for deeper data before contacting an agent through Realtor.com. The key is not to get locked into asingle site, but to use each tool where it shines.
Realtor.com pulls data directly from MLS feeds every few minutes, making it the freshest source. Zillow and Redfin also update frequently, but Realtor.com typically leads in real‑time accuracy.
Redfin’s commission model (1% + $5,000) can save sellers 1‑2% compared with the traditional 2.5‑3% split used by many Zillow‑listed agents. Savings depend on the home price, but the structure is transparent.
iBuyers have carved out aniche for rapid cash sales, but they still represent less than 5% of total U.S. home transactions. Zillow’s iBuyer arm, Zillow Offers, competes directly with Opendoor, keeping the overall market share impact moderate.
Yes. Most agents can syndicate alisting to Zillow, Trulia, Realtor.com, and Redfin at no extra cost. The only fees usually come from premium advertising upgrades or iBuyer services.
Redfin’s mobile app consistently rates higher (4.7/5 on iOS, 4.6/5 on Android) compared with Zillow’s 4.5/4.4. The higher rating stems from smoother search filters and faster loading of virtual tours.
Write a comment