Merrill (City), Michigan - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Bottom Tier Zillow home value index (ZHVI) for All Homes in Merrill (City), Michigan in February 2026 was $122,673.199. The month over month percentage change (MoM) was 1.44%, and the year over year percentage change (YoY) was 10.06%.

The chart below shows the trend of the bottom tier ZHVI for all homes in Merrill (City), MI. The table below shows the trend of the bottom tier ZHVI, and the MoM and YoY percentage changes for all homes in Merrill (City), MI.

You can see similar information for other Michigan cities, and for Michigan.

Note: The Bottom Tier Zillow Home Value Index (ZHVI) for all Homes is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 5th to 35th percentile range.

Data Source: Zillow.
Merrill (City), MI - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)
Merrill (City), MI - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 44515.535684963506 1.60 5.11
Feb 2015 45061.48758261531 1.23 6.30
Mar 2015 45690.18729362405 1.40 8.45
Apr 2015 45950.7493866495 0.57 9.66
May 2015 45983.376876313785 0.07 10.37
Jun 2015 45711.97170189795 -0.59 9.94
Jul 2015 45675.159047608664 -0.08 10.11
Aug 2015 46163.18547711202 1.07 10.16
Sep 2015 46963.36277283681 1.73 10.57
Oct 2015 47399.14939239533 0.93 10.32
Nov 2015 47405.168552988216 0.01 9.16
Dec 2015 47009.676203360046 -0.83 7.29
Jan 2016 46785.89765691821 -0.48 5.10
Feb 2016 46566.46768334478 -0.47 3.34
Mar 2016 46383.395421815374 -0.39 1.52
Apr 2016 46289.57015740504 -0.20 0.74
May 2016 46292.070073061834 0.01 0.67
Jun 2016 46479.82145740282 0.41 1.68
Jul 2016 46760.306088729034 0.60 2.38
Aug 2016 47358.58233953987 1.28 2.59
Sep 2016 47840.5640083405 1.02 1.87
Oct 2016 47989.17633266465 0.31 1.25
Nov 2016 47995.433430017896 0.01 1.25
Dec 2016 48381.59271376691 0.81 2.92
Jan 2017 49133.285830809305 1.55 5.02
Feb 2017 49799.84426501789 1.36 6.94
Mar 2017 50213.98453199134 0.83 8.26
Apr 2017 50516.486697504595 0.60 9.13
May 2017 51025.78375334826 1.01 10.23
Jun 2017 51415.72503466023 0.76 10.62
Jul 2017 51672.50565426566 0.50 10.51
Aug 2017 51833.816426320234 0.31 9.45
Sep 2017 52389.8445094481 1.07 9.51
Oct 2017 53164.06629216931 1.48 10.78
Nov 2017 53876.69211435062 1.34 12.25
Dec 2017 54511.32303727359 1.18 12.67
Jan 2018 55147.96400074657 1.17 12.24
Feb 2018 55573.48689301997 0.77 11.59
Mar 2018 56155.69708709021 1.05 11.83
Apr 2018 56638.40734719255 0.86 12.12
May 2018 57187.39699516512 0.97 12.08
Jun 2018 57326.76142802005 0.24 11.50
Jul 2018 57634.37551524849 0.54 11.54
Aug 2018 57930.38927637546 0.51 11.76
Sep 2018 58116.08166122871 0.32 10.93
Oct 2018 57660.53212389678 -0.78 8.46
Nov 2018 57216.0073458096 -0.77 6.20
Dec 2018 56912.71486157476 -0.53 4.41
Jan 2019 57476.48636272125 0.99 4.22
Feb 2019 58420.49116130202 1.64 5.12
Mar 2019 59600.816339289944 2.02 6.14
Apr 2019 60448.756606508134 1.42 6.73
May 2019 61217.39606097548 1.27 7.05
Jun 2019 62139.47479083165 1.51 8.40
Jul 2019 62795.812052215195 1.06 8.96
Aug 2019 63299.73507446353 0.80 9.27
Sep 2019 63403.603785331536 0.16 9.10
Oct 2019 63883.01791639949 0.76 10.79
Nov 2019 64112.25651903955 0.36 12.05
Dec 2019 64070.223984887154 -0.07 12.58
Jan 2020 63540.65086880685 -0.83 10.55
Feb 2020 63372.17296375174 -0.26 8.48
Mar 2020 63853.746332001254 0.76 7.14
Apr 2020 65016.83849263393 1.82 7.56
May 2020 65873.25583786803 1.32 7.61
Jun 2020 66404.31709734892 0.81 6.86
Jul 2020 66937.43399562372 0.80 6.60
Aug 2020 68270.913165516 1.99 7.85
Sep 2020 70566.82344714679 3.36 11.30
Oct 2020 72955.17467368215 3.39 14.20
Nov 2020 74936.43520519794 2.72 16.88
Dec 2020 76208.29397734335 1.70 18.95
Jan 2021 77356.0209227701 1.51 21.74
Feb 2021 78789.79230963369 1.85 24.33
Mar 2021 80428.7224931625 2.08 25.96
Apr 2021 81546.72565973438 1.39 25.42
May 2021 82993.50079555366 1.77 25.99
Jun 2021 84287.54722908576 1.56 26.93
Jul 2021 85266.44496016427 1.16 27.38
Aug 2021 84913.32493043948 -0.41 24.38
Sep 2021 83921.29653159525 -1.17 18.93
Oct 2021 83587.91113761916 -0.40 14.57
Nov 2021 83929.46613649577 0.41 12.00
Dec 2021 84232.23747740226 0.36 10.53
Jan 2022 84972.50990452881 0.88 9.85
Feb 2022 86187.20407469213 1.43 9.39
Mar 2022 88052.73921456783 2.17 9.48
Apr 2022 90109.1608932449 2.34 10.50
May 2022 91817.83041698579 1.90 10.63
Jun 2022 93909.70521423314 2.28 11.42
Jul 2022 95223.62435126137 1.40 11.68
Aug 2022 95807.12865006847 0.61 12.83
Sep 2022 95191.24042520573 -0.64 13.43
Oct 2022 94497.2864831172 -0.73 13.05
Nov 2022 94291.90747121027 -0.22 12.35
Dec 2022 94457.21643608173 0.18 12.14
Jan 2023 94821.93670070714 0.39 11.59
Feb 2023 95262.711703019 0.47 10.53
Mar 2023 95615.14466965177 0.37 8.59
Apr 2023 95974.02051114735 0.38 6.51
May 2023 96477.92049738085 0.53 5.08
Jun 2023 97518.3220613021 1.08 3.84
Jul 2023 98614.27698772815 1.12 3.56
Aug 2023 99625.9877950088 1.03 3.99
Sep 2023 100279.28116972196 0.66 5.35
Oct 2023 100993.49799127642 0.71 6.87
Nov 2023 101783.6816333568 0.78 7.95
Dec 2023 102628.55118910914 0.83 8.65
Jan 2024 102879.55187236588 0.25 8.50
Feb 2024 103250.89491174318 0.36 8.39
Mar 2024 104015.98436933612 0.74 8.79
Apr 2024 105411.53853906255 1.34 9.83
May 2024 106266.19391153917 0.81 10.15
Jun 2024 106907.31348319759 0.60 9.63
Jul 2024 106823.76633295718 -0.08 8.32
Aug 2024 106683.70185436342 -0.13 7.08
Sep 2024 106189.44123935641 -0.46 5.89
Oct 2024 105920.26816364679 -0.25 4.88
Nov 2024 106252.32768536881 0.31 4.39
Dec 2024 107629.81170000254 1.30 4.87
Jan 2025 109704.80268124759 1.93 6.63
Feb 2025 111458.82171387204 1.60 7.95
Mar 2025 112483.37238230342 0.92 8.14
Apr 2025 112938.36091985732 0.40 7.14
May 2025 113552.37293091971 0.54 6.86
Jun 2025 114326.90649328603 0.68 6.94
Jul 2025 115547.71309558512 1.07 8.17
Aug 2025 116408.40290368143 0.75 9.12
Sep 2025 116816.1743615514 0.35 10.01
Oct 2025 117189.65809853749 0.32 10.64
Nov 2025 117837.98228316258 0.55 10.90
Dec 2025 119230.83023743081 1.18 10.78
Jan 2026 120933.11785640226 1.43 10.24
Feb 2026 122673.19937967604 1.44 10.06