Ely (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 Ely (City), Minnesota in February 2026 was $141,039.816. The month over month percentage change (MoM) was 0.68%, and the year over year percentage change (YoY) was 7.21%.

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

Data Source: Zillow.
Ely (City), MN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)
Ely (City), MN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier
Items per page:
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 68560.06461881765 0.53 4.16
Feb 2015 68584.51321979902 0.04 3.64
Mar 2015 68462.58850718709 -0.18 3.23
Apr 2015 68684.02446857111 0.32 2.97
May 2015 68955.33724299147 0.40 2.95
Jun 2015 68854.67448927258 -0.15 1.89
Jul 2015 68408.66216535353 -0.65 1.02
Aug 2015 67875.09486607007 -0.78 0.82
Sep 2015 67364.81280921312 -0.75 0.62
Oct 2015 66842.69505657135 -0.77 -0.12
Nov 2015 66334.30295631608 -0.76 -1.69
Dec 2015 66140.38888517201 -0.29 -3.02
Jan 2016 65976.4013800258 -0.25 -3.77
Feb 2016 65570.5774400046 -0.61 -4.39
Mar 2016 64653.94994683038 -1.40 -5.56
Apr 2016 64051.85330231648 -0.93 -6.74
May 2016 63657.82184480294 -0.61 -7.68
Jun 2016 64005.674125413265 0.55 -7.04
Jul 2016 64306.152951520635 0.47 -6.00
Aug 2016 64898.70203803884 0.92 -4.38
Sep 2016 65482.68735445035 0.90 -2.79
Oct 2016 65979.17674491915 0.76 -1.29
Nov 2016 66095.65953185908 0.18 -0.36
Dec 2016 65763.10637527071 -0.50 -0.57
Jan 2017 65464.2416277372 -0.45 -0.78
Feb 2017 65225.592688006065 -0.36 -0.53
Mar 2017 65058.66371895463 -0.26 0.63
Apr 2017 65071.59362947353 0.02 1.59
May 2017 65289.95962849344 0.34 2.56
Jun 2017 65966.09083442335 1.04 3.06
Jul 2017 67018.73453876995 1.60 4.22
Aug 2017 68301.88698034546 1.92 5.24
Sep 2017 69425.33681868315 1.65 6.02
Oct 2017 70104.61065742256 0.98 6.25
Nov 2017 70229.1998674031 0.18 6.25
Dec 2017 70129.98454242594 -0.14 6.64
Jan 2018 69967.78797003493 -0.23 6.88
Feb 2018 70046.01172862115 0.11 7.39
Mar 2018 70429.68986283538 0.55 8.26
Apr 2018 71018.29037568225 0.84 9.14
May 2018 71717.51408957447 0.99 9.85
Jun 2018 72289.05730151098 0.80 9.59
Jul 2018 72770.12058430865 0.67 8.58
Aug 2018 72825.75715686362 0.08 6.62
Sep 2018 73096.03742560603 0.37 5.29
Oct 2018 73445.35022278219 0.48 4.76
Nov 2018 74234.9857539715 1.08 5.70
Dec 2018 74690.64041796575 0.61 6.50
Jan 2019 75374.20355071795 0.92 7.73
Feb 2019 76209.2979042664 1.11 8.80
Mar 2019 77378.56506810836 1.53 9.87
Apr 2019 78196.56364777783 1.06 10.11
May 2019 78579.91916074506 0.49 9.57
Jun 2019 78651.83288961573 0.09 8.80
Jul 2019 78421.05020637688 -0.29 7.77
Aug 2019 77936.25216457351 -0.62 7.02
Sep 2019 77200.72215059622 -0.94 5.62
Oct 2019 76865.96889926499 -0.43 4.66
Nov 2019 77144.4758305372 0.36 3.92
Dec 2019 77716.8021423884 0.74 4.05
Jan 2020 78243.50978808833 0.68 3.81
Feb 2020 78519.75257907964 0.35 3.03
Mar 2020 78855.3185863186 0.43 1.91
Apr 2020 79172.4500759814 0.40 1.25
May 2020 79519.11272689051 0.44 1.20
Jun 2020 79670.86414584659 0.19 1.30
Jul 2020 80014.01230594619 0.43 2.03
Aug 2020 80849.05164787995 1.04 3.74
Sep 2020 82599.88365209536 2.17 6.99
Oct 2020 84966.95262626838 2.87 10.54
Nov 2020 87592.23064942664 3.09 13.54
Dec 2020 89624.99359874935 2.32 15.32
Jan 2021 91372.81223024313 1.95 16.78
Feb 2021 92830.41154976742 1.60 18.23
Mar 2021 94418.60607189697 1.71 19.74
Apr 2021 96017.88835145543 1.69 21.28
May 2021 98098.6639821015 2.17 23.37
Jun 2021 100661.11137279724 2.61 26.35
Jul 2021 102554.36579451535 1.88 28.17
Aug 2021 103427.79347689463 0.85 27.93
Sep 2021 103422.06128689837 -0.01 25.21
Oct 2021 103630.86951763705 0.20 21.97
Nov 2021 104474.39351085864 0.81 19.27
Dec 2021 106138.35076789673 1.59 18.43
Jan 2022 108845.45113891672 2.55 19.12
Feb 2022 111907.6560074488 2.81 20.55
Mar 2022 114630.60613457942 2.43 21.41
Apr 2022 116781.04721959535 1.88 21.62
May 2022 118629.42171762315 1.58 20.93
Jun 2022 120654.10779997207 1.71 19.86
Jul 2022 122223.18867435683 1.30 19.18
Aug 2022 122607.31467019323 0.31 18.54
Sep 2022 122102.67342820387 -0.41 18.06
Oct 2022 121904.79151104466 -0.16 17.63
Nov 2022 122170.29512023547 0.22 16.94
Dec 2022 122977.96350822499 0.66 15.87
Jan 2023 123280.10044935976 0.25 13.26
Feb 2023 124365.08455625224 0.88 11.13
Mar 2023 125465.83461362422 0.89 9.45
Apr 2023 127037.51575125178 1.25 8.78
May 2023 128328.64874642552 1.02 8.18
Jun 2023 129210.08527740049 0.69 7.09
Jul 2023 129844.93850294808 0.49 6.24
Aug 2023 129905.533589917 0.05 5.95
Sep 2023 130036.34929570061 0.10 6.50
Oct 2023 130323.48707104095 0.22 6.91
Nov 2023 131227.01964932063 0.69 7.41
Dec 2023 132034.9568578738 0.62 7.37
Jan 2024 132453.39382629297 0.32 7.44
Feb 2024 132806.26862377787 0.27 6.79
Mar 2024 133681.61069817175 0.66 6.55
Apr 2024 134774.65370467515 0.82 6.09
May 2024 135746.78416002708 0.72 5.78
Jun 2024 136500.14772159993 0.56 5.64
Jul 2024 136872.38432021177 0.27 5.41
Aug 2024 136994.7471975544 0.09 5.46
Sep 2024 136632.75034377875 -0.26 5.07
Oct 2024 136383.73798439634 -0.18 4.65
Nov 2024 135357.13797405438 -0.75 3.15
Dec 2024 134291.71719565976 -0.79 1.71
Jan 2025 132636.60407911774 -1.23 0.14
Feb 2025 131560.0837779521 -0.81 -0.94
Mar 2025 130355.68666932562 -0.91 -2.49
Apr 2025 129524.23425249675 -0.64 -3.90
May 2025 129297.3840154194 -0.17 -4.75
Jun 2025 129709.19115667795 0.32 -4.97
Jul 2025 131149.92097585875 1.11 -4.18
Aug 2025 132916.6844172028 1.35 -2.98
Sep 2025 134923.45786850326 1.51 -1.25
Oct 2025 136557.76256880685 1.21 0.13
Nov 2025 137698.93569857677 0.84 1.73
Dec 2025 138841.49018763343 0.83 3.39
Jan 2026 140089.063658771 0.90 5.62
Feb 2026 141039.81647492546 0.68 7.21