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Zillow has never had my current (soon to be former) house priced correctly and has fluctuated like crazy in the time Ive been in it. But since January of 2020 when it was shown at its lowest, its gone up 45% in valuation according to them. Thats about where it was actually appraised for 6 years ago though.
The house I bought at auction in August, was shown on zillow for 50% more than what I paid, but appraised at only 10% more. Zillow shows that it went way down in value when I bought it but climbed back up past its peak in the last 3 months. Im a few months away from getting it appraised again for a new loan for more improvements.
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