WP03
Hedonic Housing Price Models for the United States: A Multi-Method Comparison of Parametric, Quantile, and Machine Learning Approaches
This paper compares econometric and machine-learning approaches to hedonic housing valuation on 788,842 active Zillow listings covering all 50 U.S. states and the District of Columbia, and asks how much of the machine-learning advantage survives when models must price homes in markets they have not seen. A semi-log…