Independence (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 Independence (City), Minnesota in February 2026 was $475,857.573. The month over month percentage change (MoM) was 0.45%, and the year over year percentage change (YoY) was 3.43%.

The chart below shows the trend of the bottom tier ZHVI for all homes in Independence (City), MN. The table below shows the trend of the bottom tier ZHVI, and the MoM and YoY percentage changes for all homes in Independence (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.
Independence (City), MN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier ($)
Independence (City), MN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Bottom Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 258513.9455610758 0.13 3.35
Feb 2015 258965.83470392835 0.18 3.05
Mar 2015 260160.45290853104 0.46 2.82
Apr 2015 261757.03834528112 0.61 2.95
May 2015 263355.4952587288 0.61 3.22
Jun 2015 264543.64211063384 0.45 3.69
Jul 2015 265937.16719879623 0.53 4.05
Aug 2015 267391.0037684979 0.55 4.38
Sep 2015 268854.0120444274 0.55 4.58
Oct 2015 270062.41558352107 0.45 4.87
Nov 2015 271545.1406203674 0.55 5.25
Dec 2015 273103.2389407021 0.57 5.78
Jan 2016 274532.2525610789 0.52 6.20
Feb 2016 275470.7815339091 0.34 6.37
Mar 2016 276183.05229116994 0.26 6.16
Apr 2016 276612.9926505033 0.16 5.68
May 2016 276672.6802255001 0.02 5.06
Jun 2016 276574.5133816737 -0.04 4.55
Jul 2016 276779.2190157936 0.07 4.08
Aug 2016 277365.74415153154 0.21 3.73
Sep 2016 277949.0279923967 0.21 3.38
Oct 2016 278907.87190165324 0.35 3.28
Nov 2016 279960.38292054343 0.38 3.10
Dec 2016 281453.6603382834 0.53 3.06
Jan 2017 283254.84447004483 0.64 3.18
Feb 2017 284953.4765027343 0.60 3.44
Mar 2017 286771.67667000653 0.64 3.83
Apr 2017 288831.83702397946 0.72 4.42
May 2017 291172.99209713464 0.81 5.24
Jun 2017 293844.6788240899 0.92 6.24
Jul 2017 296096.76224200573 0.77 6.98
Aug 2017 297983.60916101985 0.64 7.43
Sep 2017 298700.71011874295 0.24 7.47
Oct 2017 298902.02787888405 0.07 7.17
Nov 2017 299426.1896982184 0.18 6.95
Dec 2017 300708.23874674813 0.43 6.84
Jan 2018 303033.0289649326 0.77 6.98
Feb 2018 306605.6527565776 1.18 7.60
Mar 2018 311484.09624676267 1.59 8.62
Apr 2018 316144.6891276378 1.50 9.46
May 2018 319689.86340985243 1.12 9.79
Jun 2018 321895.169596175 0.69 9.55
Jul 2018 323994.74296736735 0.65 9.42
Aug 2018 325753.9707598156 0.54 9.32
Sep 2018 326803.55498604313 0.32 9.41
Oct 2018 326597.54527851584 -0.06 9.27
Nov 2018 325909.693201854 -0.21 8.85
Dec 2018 325884.34884507814 -0.01 8.37
Jan 2019 326142.66840050515 0.08 7.63
Feb 2019 328008.1002760865 0.57 6.98
Mar 2019 330030.1957295578 0.62 5.95
Apr 2019 332036.1217636452 0.61 5.03
May 2019 331389.6945383122 -0.19 3.66
Jun 2019 329508.4906161215 -0.57 2.37
Jul 2019 327579.0352643906 -0.59 1.11
Aug 2019 326561.12658575136 -0.31 0.25
Sep 2019 325970.8396529531 -0.18 -0.25
Oct 2019 326210.69184107037 0.07 -0.12
Nov 2019 327450.2405382603 0.38 0.47
Dec 2019 329707.8174908225 0.69 1.17
Jan 2020 332098.4440230919 0.73 1.83
Feb 2020 334845.4180968396 0.83 2.08
Mar 2020 338019.9723564373 0.95 2.42
Apr 2020 340905.59823244944 0.85 2.67
May 2020 342104.2479688315 0.35 3.23
Jun 2020 341187.7230337586 -0.27 3.54
Jul 2020 339660.9349684503 -0.45 3.69
Aug 2020 340011.3788528109 0.10 4.12
Sep 2020 342776.8969798914 0.81 5.16
Oct 2020 347524.15408626077 1.39 6.53
Nov 2020 352631.76038168214 1.47 7.69
Dec 2020 357893.06634665467 1.49 8.55
Jan 2021 361531.36158572714 1.02 8.86
Feb 2021 364991.0919445213 0.96 9.00
Mar 2021 368492.2286874133 0.96 9.02
Apr 2021 374528.90542999835 1.64 9.86
May 2021 381912.2677825228 1.97 11.64
Jun 2021 390120.4894892532 2.15 14.34
Jul 2021 396459.91832889756 1.63 16.72
Aug 2021 399476.3274955054 0.76 17.49
Sep 2021 399312.78330030036 -0.04 16.49
Oct 2021 398678.85585925635 -0.16 14.72
Nov 2021 399770.68866230064 0.27 13.37
Dec 2021 402043.7943081875 0.57 12.34
Jan 2022 406405.45931166917 1.09 12.41
Feb 2022 412051.1680270709 1.39 12.89
Mar 2022 419397.8617156314 1.78 13.82
Apr 2022 426964.92331713834 1.80 14.00
May 2022 433952.71903906646 1.64 13.63
Jun 2022 440147.63947556686 1.43 12.82
Jul 2022 442636.5308261637 0.56 11.65
Aug 2022 441565.8471225553 -0.24 10.54
Sep 2022 437794.1021579811 -0.85 9.64
Oct 2022 435102.25237496983 -0.61 9.14
Nov 2022 433903.3459637603 -0.28 8.54
Dec 2022 433535.24203695153 -0.08 7.83
Jan 2023 433085.6488922313 -0.10 6.57
Feb 2023 433238.7023184481 0.04 5.14
Mar 2023 433614.54722820176 0.09 3.39
Apr 2023 434378.1688636484 0.18 1.74
May 2023 435995.11435696733 0.37 0.47
Jun 2023 438850.236147513 0.66 -0.29
Jul 2023 442271.4839321536 0.78 -0.08
Aug 2023 444561.7613672226 0.52 0.68
Sep 2023 446107.6334765553 0.35 1.90
Oct 2023 446390.76186740934 0.06 2.59
Nov 2023 446527.93623293564 0.03 2.91
Dec 2023 445136.08173191006 -0.31 2.68
Jan 2024 442798.6219481526 -0.52 2.24
Feb 2024 440705.0545168876 -0.47 1.72
Mar 2024 441282.9204684208 0.13 1.77
Apr 2024 442429.961883409 0.26 1.85
May 2024 443677.7209015806 0.28 1.76
Jun 2024 443381.7343824289 -0.07 1.03
Jul 2024 443815.649998863 0.10 0.35
Aug 2024 444881.5549336116 0.24 0.07
Sep 2024 446403.55572158383 0.34 0.07
Oct 2024 448847.6053707211 0.55 0.55
Nov 2024 451521.3047422078 0.60 1.12
Dec 2024 455657.52607259847 0.92 2.36
Jan 2025 458673.5688993879 0.66 3.59
Feb 2025 460066.7387330958 0.30 4.39
Mar 2025 458697.93142492464 -0.30 3.95
Apr 2025 456553.24087582395 -0.47 3.19
May 2025 454785.8877446693 -0.39 2.50
Jun 2025 454527.8316206357 -0.06 2.51
Jul 2025 457119.7902836017 0.57 3.00
Aug 2025 460333.9180579705 0.70 3.47
Sep 2025 463759.8116617694 0.74 3.89
Oct 2025 466072.47327828105 0.50 3.84
Nov 2025 468295.59226043336 0.48 3.72
Dec 2025 470919.46069622436 0.56 3.35
Jan 2026 473733.63753965235 0.60 3.28
Feb 2026 475857.57285158796 0.45 3.43