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This has generally been the case for me too. Realtor.com has some other models, but I have no confidence in their accuracy. My general belief is that given RedFins business model is more tied to facilitating sales, they are more likely to overrepresent sales prices
I spoke to my lender yesterday. when I tried to refi in 2020 (denied due to covid salary cut), my loan lady explained that the gov entities are waiving appraisals based on what they estimate the values of homes are as COVID precaution. The amount she got a waiver on was much closer to what Zillow was reporting at the time. I guess I will track Zillow.