PUBLISHER: The Business Research Company | PRODUCT CODE: 1852598
PUBLISHER: The Business Research Company | PRODUCT CODE: 1852598
Real estate valuation service involves professionally assessing the current market value of a property by examining factors such as its location, physical condition, recent market trends, and comparable properties. This service supports critical decisions related to buying, selling, financing, taxation, and investment, ensuring fair pricing, informed choices, and reduced financial risk.
The main categories of real estate valuation services include residential, commercial, industrial, land, and special-purpose property valuation. Residential valuation determines the market value of a home based on factors such as location, condition, size, and recent sales of similar properties. These services integrate various technologies, including traditional valuation methods, automated valuation models (AVMs), hybrid valuation approaches, blockchain-based systems, and AI/ML-powered valuation tools. They are applied across activities such as property sales, mortgage and lending, investment analysis, and taxation, and are utilized by a range of end users including individuals, corporations, and government entities.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the professional services sector, particularly in legal, consulting, architectural, and engineering domains. Higher costs for imported technology, software licenses, office equipment, and digital infrastructure have raised operational expenses for firms reliant on global tools and platforms. International consulting projects are facing delays or cost overruns due to increased travel expenses and restricted access to foreign-sourced data and tools. Additionally, clients in manufacturing, construction, and logistics, heavily affected by tariffs are cutting back on outsourced services, squeezing demand for professional expertise. As a result, service providers are reevaluating pricing structures, expanding domestic supplier relationships, and investing in AI-driven solutions to sustain profitability and client engagement amid economic uncertainty.
The real estate valuation service market research report is one of a series of new reports from The Business Research Company that provides real estate valuation service market statistics, including real estate valuation service industry global market size, regional shares, competitors with a real estate valuation service market share, detailed real estate valuation service market segments, market trends and opportunities, and any further data you may need to thrive in the real estate valuation service industry. This real estate valuation service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The real estate valuation service market size has grown strongly in recent years. It will grow from $9.23 billion in 2024 to $9.94 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth observed during the historic period is driven by rising urbanization, increased foreign direct investment, higher home loan approvals, the expansion of smart city initiatives, and the development of luxury housing projects.
The real estate valuation service market size is expected to see strong growth in the next few years. It will grow to $13.19 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The projected growth during the forecast period is driven by an increasing volume of real estate transactions, higher demand for accurate tax assessments, rising construction activity, growing real estate investments, and escalating property values. Key trends expected during this period include the development of advanced valuation models, integration with investment analysis tools, adoption of AI-powered valuation platforms, implementation of blockchain-based valuation systems, and the emergence of hybrid valuation services.
The growing number of real estate transactions is expected to boost the real estate valuation service market in the coming years. Real estate transactions involve transferring property ownership or rights through activities such as buying, selling, or leasing. This growth is largely fueled by increasing housing demand, as expanding populations and rising income levels encourage more individuals to pursue property ownership. Real estate valuation services provide objective property value assessments, ensuring fair pricing, facilitating smoother transactions and loan approvals, and minimizing financial or legal risks. For example, in July 2025, the National Association of REALTORS, a US-based trade association, reported that international buyers purchased 78,100 properties, a 44% increase from the previous year. Consequently, the rising volume of real estate transactions is driving growth in the real estate valuation service market.
Leading companies in the real estate valuation services market are developing advanced solutions such as instant property valuation tools to provide real time insights for buyers, sellers, and investors. These tools use algorithms and up to date sales data to instantly estimate market value, allowing users to quickly assess properties without a physical appraisal. For example, in July 2024, Magicbricks, an India based proptech company, launched PropWorth, a machine learning based property valuation tool designed to deliver accurate property prices efficiently. PropWorth analyzes 15 years of real estate data and over 30 million listings to generate precise valuations. It provides estimates for a wide range of properties including apartments, villas, and independent houses, covering 50,000 projects across 5,500 localities in 30 major cities. With a 98 percent accuracy rate, users can input specific details such as location, property type, size, floor number, parking, direction, view, additional rooms, and amenities to receive reliable property value assessments and make informed decisions.
In July 2022, JLL, a US based real estate services company, acquired Metropolitan Valuation Services for an undisclosed amount. Through this acquisition, Metropolitan Valuation Services will strengthen JLL's valuation advisory capabilities in the New York metropolitan area while continuing to operate with its existing team and local market expertise. Metropolitan Valuation Services is a US based company specializing in commercial property appraisal and advisory services.
Major players in the real estate valuation service market are Jones Lang LaSalle Incorporated, Opendoor Technologies Inc., Knight Frank LLP, Colliers International, Savills Plc, Newmark Group Inc., Zillow Group Inc., CBIZ Inc., Marcus & Millichap Inc., Realtor.com, RE/MAX LLC, Valbridge Property Advisors Inc., Anarock Property Consultants Private Limited, Royal Institution of Chartered Surveyors, Magicbricks Realty Services Limited, CRE Matrix Private Limited, Quikr Realty, Houzeo Corp., PropertyRate LLC, Cotality
North America was the largest region in the real estate valuation service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in real estate valuation service report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the real estate valuation service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The real estate valuation service market includes revenues earned by entities through market value appraisal, loan and mortgage valuation, litigation support, and development feasibility studies. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Real Estate Valuation Service Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on real estate valuation service market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for real estate valuation service ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The real estate valuation service market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.