Elk River (City), Minnesota - 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 Elk River (City), Minnesota in February 2026 was $296,632.858. The month over month percentage change (MoM) was 0.22%, and the year over year percentage change (YoY) was 1.86%.

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

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

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.

Related Topics: Elk River, Minnesota - Zillow House Inventory Topic List

Data Source: Zillow.

Elk River (City), MN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)

Elk River (City), MN - 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	144175.99453399482	0.73	9.14
Feb 2015	144828.93231980762	0.45	8.80
Mar 2015	145675.7288017406	0.59	8.48
Apr 2015	146602.9338416067	0.64	8.10
May 2015	147713.5593683046	0.76	7.72
Jun 2015	148579.10929523123	0.59	7.33
Jul 2015	149149.48491610572	0.38	7.15
Aug 2015	149874.01553658443	0.49	7.22
Sep 2015	150917.70535321292	0.70	7.41
Oct 2015	152116.04565619945	0.79	7.64
Nov 2015	153580.9135639404	0.96	7.92
Dec 2015	154983.7475624309	0.91	8.28
Jan 2016	156635.42041872494	1.07	8.64
Feb 2016	157919.9013408631	0.82	9.04
Mar 2016	159202.94569040425	0.81	9.29
Apr 2016	160669.21687389884	0.92	9.60
May 2016	162143.84249286435	0.92	9.77
Jun 2016	163396.16431912404	0.77	9.97
Jul 2016	164035.78647735986	0.39	9.98
Aug 2016	164780.31709484957	0.45	9.95
Sep 2016	165846.21421908672	0.65	9.89
Oct 2016	167037.22656476646	0.72	9.81
Nov 2016	168373.74343219414	0.80	9.63
Dec 2016	169550.2436455367	0.70	9.40
Jan 2017	170680.19681397642	0.67	8.97
Feb 2017	171554.8813532633	0.51	8.63
Mar 2017	172546.81107952085	0.58	8.38
Apr 2017	173710.5766981908	0.67	8.12
May 2017	174734.5393438549	0.59	7.77
Jun 2017	175587.12899944014	0.49	7.46
Jul 2017	176371.31782760881	0.45	7.52
Aug 2017	177388.27196223396	0.58	7.65
Sep 2017	178682.78820917755	0.73	7.74
Oct 2017	180036.94872296823	0.76	7.78
Nov 2017	181512.41302307474	0.82	7.80
Dec 2017	183011.1636308624	0.83	7.94
Jan 2018	184471.0801954626	0.80	8.08
Feb 2018	185726.48877989882	0.68	8.26
Mar 2018	187164.64369747267	0.77	8.47
Apr 2018	188675.53021818292	0.81	8.62
May 2018	190321.2209468954	0.87	8.92
Jun 2018	191483.56119979804	0.61	9.05
Jul 2018	192769.06157189654	0.67	9.30
Aug 2018	193952.13851429507	0.61	9.34
Sep 2018	195184.4843391494	0.64	9.24
Oct 2018	196082.06953166876	0.46	8.91
Nov 2018	197169.2349914174	0.55	8.63
Dec 2018	198424.61878091772	0.64	8.42
Jan 2019	200154.44786629712	0.87	8.50
Feb 2019	201920.86966733597	0.88	8.72
Mar 2019	203581.64399860252	0.82	8.77
Apr 2019	204919.68856686712	0.66	8.61
May 2019	205855.64195565588	0.46	8.16
Jun 2019	206562.23561652921	0.34	7.88
Jul 2019	206934.17353231422	0.18	7.35
Aug 2019	207472.1099231172	0.26	6.97
Sep 2019	208073.93746236293	0.29	6.60
Oct 2019	208695.76511061555	0.30	6.43
Nov 2019	209420.09008303634	0.35	6.21
Dec 2019	210642.97903579913	0.58	6.16
Jan 2020	212379.3094684503	0.82	6.11
Feb 2020	214349.6789266688	0.93	6.16
Mar 2020	216105.16620667	0.82	6.15
Apr 2020	217809.97080568023	0.79	6.29
May 2020	218576.3216900298	0.35	6.18
Jun 2020	218703.0386926216	0.06	5.88
Jul 2020	218556.28033407815	-0.07	5.62
Aug 2020	219118.68169265345	0.26	5.61
Sep 2020	220729.8944625212	0.74	6.08
Oct 2020	223165.6341152145	1.10	6.93
Nov 2020	226268.8092204735	1.39	8.05
Dec 2020	229364.06260102926	1.37	8.89
Jan 2021	232264.8507569301	1.26	9.36
Feb 2021	235301.154126421	1.31	9.77
Mar 2021	238665.99965590585	1.43	10.44
Apr 2021	242551.73386170654	1.63	11.36
May 2021	246326.1659961861	1.56	12.70
Jun 2021	249650.53151597886	1.35	14.15
Jul 2021	252272.51626659333	1.05	15.43
Aug 2021	253970.57697870434	0.67	15.91
Sep 2021	255183.0826586984	0.48	15.61
Oct 2021	256104.23300919993	0.36	14.76
Nov 2021	257653.4207709968	0.61	13.87
Dec 2021	259602.56263584955	0.76	13.18
Jan 2022	262567.1667561682	1.14	13.05
Feb 2022	266118.54938728426	1.35	13.10
Mar 2022	270161.917931747	1.52	13.20
Apr 2022	274323.2564186418	1.54	13.10
May 2022	278078.63734315877	1.37	12.89
Jun 2022	280770.0618859539	0.97	12.47
Jul 2022	281368.0308932336	0.21	11.53
Aug 2022	279986.82109499205	-0.49	10.24
Sep 2022	277890.21652797743	-0.75	8.90
Oct 2022	276439.9317209506	-0.52	7.94
Nov 2022	275867.80427596887	-0.21	7.07
Dec 2022	275648.0264691095	-0.08	6.18
Jan 2023	275378.03569548944	-0.10	4.88
Feb 2023	275437.25815188786	0.02	3.50
Mar 2023	275860.6694189052	0.15	2.11
Apr 2023	276614.5371154388	0.27	0.84
May 2023	277566.03483657487	0.34	-0.18
Jun 2023	278760.27255132823	0.43	-0.72
Jul 2023	280114.433735365	0.49	-0.45
Aug 2023	281756.6061447148	0.59	0.63
Sep 2023	283305.6693982046	0.55	1.95
Oct 2023	284532.4132479965	0.43	2.93
Nov 2023	285349.93511796015	0.29	3.44
Dec 2023	285998.5144247993	0.23	3.76
Jan 2024	286615.75785601	0.22	4.08
Feb 2024	287407.003798482	0.28	4.35
Mar 2024	288475.3835127749	0.37	4.57
Apr 2024	289194.31542773795	0.25	4.55
May 2024	288966.80020861427	-0.08	4.11
Jun 2024	287829.72217362723	-0.39	3.25
Jul 2024	286848.80444191094	-0.34	2.40
Aug 2024	286693.6457699694	-0.05	1.75
Sep 2024	287275.86296230106	0.20	1.40
Oct 2024	288186.3060120646	0.32	1.28
Nov 2024	288968.42344757443	0.27	1.27
Dec 2024	289780.9331174654	0.28	1.32
Jan 2025	290546.7872480364	0.26	1.37
Feb 2025	291208.1738756792	0.23	1.32
Mar 2025	291079.16285584966	-0.04	0.90
Apr 2025	290973.14840201085	-0.04	0.62
May 2025	290938.1673169476	-0.01	0.68
Jun 2025	291394.07825064054	0.16	1.24
Jul 2025	292006.8266653129	0.21	1.80
Aug 2025	292704.2392014484	0.24	2.10
Sep 2025	293404.3761802516	0.24	2.13
Oct 2025	294060.11760595225	0.22	2.04
Nov 2025	294604.895921922	0.19	1.95
Dec 2025	295379.91013351944	0.26	1.93
Jan 2026	295977.9733243669	0.20	1.87
Feb 2026	296632.8581255165	0.22	1.86