Elbow Lake (City), Minnesota - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in Elbow Lake (City), Minnesota in February 2026 was $198,052.817. The month over month percentage change (MoM) was 1.50%, and the year over year percentage change (YoY) was 6.26%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for Elbow Lake (City), MN. The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for Elbow Lake (City), MN.

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

Note: Zillow Home Value Index (ZHVI) 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 35th to 65th percentile range.

Data Source: Zillow.
Elbow Lake (City), MN - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Elbow Lake (City), MN - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 89989.25731641456 0.27 6.06
Feb 2015 90181.58739596648 0.21 5.71
Mar 2015 90730.27537733753 0.61 6.21
Apr 2015 91261.75867151783 0.59 6.25
May 2015 92255.98337118475 1.09 7.02
Jun 2015 93238.77969695098 1.07 7.17
Jul 2015 94481.95090754399 1.33 7.36
Aug 2015 95793.99694411886 1.39 7.28
Sep 2015 96500.74905723747 0.74 7.06
Oct 2015 97138.52571605792 0.66 7.83
Nov 2015 97631.79114095467 0.51 8.73
Dec 2015 98901.60971124742 1.30 10.20
Jan 2016 100169.84234639151 1.28 11.31
Feb 2016 101077.43342628468 0.91 12.08
Mar 2016 101309.29507583992 0.23 11.66
Apr 2016 101530.40849120957 0.22 11.25
May 2016 102011.82233602127 0.47 10.58
Jun 2016 102992.30352343085 0.96 10.46
Jul 2016 103923.8232926844 0.90 9.99
Aug 2016 105042.12241857666 1.08 9.65
Sep 2016 106081.17138455802 0.99 9.93
Oct 2016 107311.84349706897 1.16 10.47
Nov 2016 108360.18135326142 0.98 10.99
Dec 2016 109182.71092416179 0.76 10.40
Jan 2017 109792.3192495921 0.56 9.61
Feb 2017 110182.60404069745 0.36 9.01
Mar 2017 110284.8552054522 0.09 8.86
Apr 2017 110336.68413642193 0.05 8.67
May 2017 110436.38939247117 0.09 8.26
Jun 2017 110820.31712335751 0.35 7.60
Jul 2017 111435.53055391701 0.56 7.23
Aug 2017 111885.40242485625 0.40 6.52
Sep 2017 111957.11162891636 0.06 5.54
Oct 2017 111951.74112587508 0.00 4.32
Nov 2017 112368.05874842759 0.37 3.70
Dec 2017 112982.48994271945 0.55 3.48
Jan 2018 113457.76782853855 0.42 3.34
Feb 2018 113914.33911776294 0.40 3.39
Mar 2018 114837.52217254194 0.81 4.13
Apr 2018 115732.6152872836 0.78 4.89
May 2018 116706.6767762444 0.84 5.68
Jun 2018 117065.31588070815 0.31 5.64
Jul 2018 117534.38678201968 0.40 5.47
Aug 2018 117653.5589405808 0.10 5.16
Sep 2018 117945.07189076133 0.25 5.35
Oct 2018 117978.61686710113 0.03 5.38
Nov 2018 118088.66992232222 0.09 5.09
Dec 2018 118234.51430883683 0.12 4.65
Jan 2019 118590.63139377705 0.30 4.52
Feb 2019 118735.26567142688 0.12 4.23
Mar 2019 119295.51029392784 0.47 3.88
Apr 2019 120079.04195679755 0.66 3.76
May 2019 121312.12145845995 1.03 3.95
Jun 2019 122280.6048551707 0.80 4.46
Jul 2019 123082.734085751 0.66 4.72
Aug 2019 123594.10647747805 0.42 5.05
Sep 2019 124106.37880973273 0.41 5.22
Oct 2019 124861.53005156787 0.61 5.83
Nov 2019 125610.56221799261 0.60 6.37
Dec 2019 126201.09463483749 0.47 6.74
Jan 2020 126113.7173299348 -0.07 6.34
Feb 2020 125876.23535719367 -0.19 6.01
Mar 2020 125782.21778147185 -0.07 5.44
Apr 2020 126204.40620087931 0.34 5.10
May 2020 127155.01397427548 0.75 4.82
Jun 2020 128585.36231449705 1.13 5.16
Jul 2020 130544.89889284526 1.52 6.06
Aug 2020 132702.50175181494 1.65 7.37
Sep 2020 134784.71960859047 1.57 8.60
Oct 2020 136340.90245480815 1.16 9.19
Nov 2020 137552.22956167322 0.89 9.51
Dec 2020 138553.64689943506 0.73 9.79
Jan 2021 139959.5632143654 1.01 10.98
Feb 2021 142031.07311021406 1.48 12.83
Mar 2021 144126.58982230016 1.48 14.58
Apr 2021 146069.76265452057 1.35 15.74
May 2021 148048.66210424295 1.36 16.43
Jun 2021 151050.63799440375 2.03 17.47
Jul 2021 154770.09938109887 2.46 18.56
Aug 2021 158222.90393745105 2.23 19.23
Sep 2021 161043.93459840966 1.78 19.48
Oct 2021 162863.4816004882 1.13 19.45
Nov 2021 164501.94091994318 1.01 19.59
Dec 2021 165592.47029040742 0.66 19.52
Jan 2022 167224.31517328764 0.99 19.48
Feb 2022 168836.97478732676 0.96 18.87
Mar 2022 171003.47316656736 1.28 18.65
Apr 2022 173394.75592159815 1.40 18.71
May 2022 176092.42022400827 1.56 18.94
Jun 2022 178828.3176671001 1.55 18.39
Jul 2022 180757.13677896222 1.08 16.79
Aug 2022 181078.00441088036 0.18 14.45
Sep 2022 180276.55253993897 -0.44 11.94
Oct 2022 178698.17908494952 -0.88 9.72
Nov 2022 177143.67526978013 -0.87 7.69
Dec 2022 175462.1387627011 -0.95 5.96
Jan 2023 174617.57349397082 -0.48 4.42
Feb 2023 174841.90272902107 0.13 3.56
Mar 2023 176191.3084365132 0.77 3.03
Apr 2023 177837.24989905165 0.93 2.56
May 2023 179492.32605513322 0.93 1.93
Jun 2023 179894.98518941656 0.22 0.60
Jul 2023 179093.68391455236 -0.44 -0.92
Aug 2023 177095.85820030526 -1.12 -2.20
Sep 2023 175271.2125926178 -1.03 -2.78
Oct 2023 174138.38274282767 -0.65 -2.55
Nov 2023 173965.3851465606 -0.10 -1.79
Dec 2023 173763.01566071602 -0.12 -0.97
Jan 2024 173965.2914347753 0.12 -0.37
Feb 2024 175139.87308355956 0.68 0.17
Mar 2024 177882.19448277008 1.57 0.96
Apr 2024 180575.17522029855 1.51 1.54
May 2024 182387.0028983831 1.00 1.61
Jun 2024 183363.94774591396 0.54 1.93
Jul 2024 183532.14363839096 0.09 2.48
Aug 2024 183584.2775707685 0.03 3.66
Sep 2024 183151.74679888505 -0.24 4.50
Oct 2024 183349.16585090477 0.11 5.29
Nov 2024 183668.29322922288 0.17 5.58
Dec 2024 184613.92224209962 0.52 6.25
Jan 2025 185412.6734563109 0.43 6.58
Feb 2025 186387.87303509624 0.53 6.42
Mar 2025 187106.48545360207 0.39 5.19
Apr 2025 187972.06284886666 0.46 4.10
May 2025 188409.03424341648 0.23 3.30
Jun 2025 188979.75287097905 0.30 3.06
Jul 2025 189855.91202005648 0.46 3.45
Aug 2025 191035.41384560624 0.62 4.06
Sep 2025 191734.96508544838 0.37 4.69
Oct 2025 191681.97291661068 -0.03 4.55
Nov 2025 191816.6119060698 0.07 4.44
Dec 2025 192893.74673215553 0.56 4.49
Jan 2026 195120.51695163394 1.15 5.24
Feb 2026 198052.8172681844 1.50 6.26