Elk River (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 Elk River (City), Minnesota in February 2026 was $388,095.352. The month over month percentage change (MoM) was 0.26%, and the year over year percentage change (YoY) was 2.27%.

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

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

Data Source: Zillow.

Elk River (City), MN - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)

Elk River (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	202540.89973180005	0.56	8.12
Feb 2015	203457.74431935526	0.45	7.96
Mar 2015	204846.38531881908	0.68	7.80
Apr 2015	206330.16945526772	0.72	7.49
May 2015	207953.76238017823	0.79	7.06
Jun 2015	209097.6892979785	0.55	6.62
Jul 2015	209823.47688986082	0.35	6.45
Aug 2015	210617.2740761893	0.38	6.50
Sep 2015	211896.4737634077	0.61	6.69
Oct 2015	213295.20417021587	0.66	6.87
Nov 2015	215069.058089619	0.83	7.17
Dec 2015	216639.63422281272	0.73	7.56
Jan 2016	218570.64592794317	0.89	7.91
Feb 2016	219896.4038458056	0.61	8.08
Mar 2016	221305.7666131386	0.64	8.04
Apr 2016	222920.22030847167	0.73	8.04
May 2016	224813.0912308947	0.85	8.11
Jun 2016	226387.39031004347	0.70	8.27
Jul 2016	227166.31185241402	0.34	8.27
Aug 2016	227932.20424564413	0.34	8.22
Sep 2016	229082.50117374226	0.51	8.11
Oct 2016	230409.79292743022	0.58	8.02
Nov 2016	231835.86396039024	0.62	7.80
Dec 2016	233085.39804733708	0.54	7.59
Jan 2017	234430.73313477138	0.58	7.26
Feb 2017	235515.42599778087	0.46	7.10
Mar 2017	236756.40467221724	0.53	6.98
Apr 2017	238159.701334424	0.59	6.84
May 2017	239476.92071913695	0.55	6.52
Jun 2017	240532.16980559172	0.44	6.25
Jul 2017	241338.60184744987	0.34	6.24
Aug 2017	242348.8149364706	0.42	6.33
Sep 2017	243772.25460589278	0.59	6.41
Oct 2017	245215.5365197343	0.59	6.43
Nov 2017	246793.1072561112	0.64	6.45
Dec 2017	248247.55084719733	0.59	6.51
Jan 2018	249626.17009922527	0.56	6.48
Feb 2018	250772.8413357652	0.46	6.48
Mar 2018	252293.0329926176	0.61	6.56
Apr 2018	254041.89703701794	0.69	6.67
May 2018	255976.65212969552	0.76	6.89
Jun 2018	257356.84170673907	0.54	7.00
Jul 2018	258939.41489246037	0.62	7.29
Aug 2018	260347.87293171577	0.54	7.43
Sep 2018	261683.44221023784	0.51	7.35
Oct 2018	262456.4759087874	0.30	7.03
Nov 2018	263352.6560077008	0.34	6.71
Dec 2018	264578.7879153103	0.47	6.58
Jan 2019	266256.4536567836	0.63	6.66
Feb 2019	267990.94769995945	0.65	6.87
Mar 2019	269368.66094458464	0.51	6.77
Apr 2019	270594.99931739323	0.46	6.52
May 2019	271584.4597971907	0.37	6.10
Jun 2019	272618.4479485129	0.38	5.93
Jul 2019	273263.3970268458	0.24	5.53
Aug 2019	273969.50467803463	0.26	5.23
Sep 2019	274519.17622590833	0.20	4.91
Oct 2019	275268.1542697786	0.27	4.88
Nov 2019	276315.31107695267	0.38	4.92
Dec 2019	278087.1446900884	0.64	5.11
Jan 2020	280361.99503418425	0.82	5.30
Feb 2020	282816.35780084925	0.88	5.53
Mar 2020	284838.17478004	0.72	5.74
Apr 2020	286561.6630529342	0.61	5.90
May 2020	287206.1898827746	0.23	5.75
Jun 2020	287416.9573606271	0.07	5.43
Jul 2020	287465.46971663064	0.02	5.20
Aug 2020	288567.53500414296	0.38	5.33
Sep 2020	291056.9411476724	0.86	6.02
Oct 2020	294656.557881541	1.24	7.04
Nov 2020	298906.870580289	1.44	8.18
Dec 2020	303109.51923942775	1.41	9.00
Jan 2021	307192.7542767764	1.35	9.57
Feb 2021	311645.81643981364	1.45	10.19
Mar 2021	316190.7828979722	1.46	11.01
Apr 2021	321136.59187123016	1.56	12.07
May 2021	325852.3961855416	1.47	13.46
Jun 2021	330194.97270134365	1.33	14.88
Jul 2021	333807.42731949425	1.09	16.12
Aug 2021	336399.40920017153	0.78	16.58
Sep 2021	338382.6779185738	0.59	16.26
Oct 2021	340104.98760023975	0.51	15.42
Nov 2021	342446.27674892213	0.69	14.57
Dec 2021	345342.6144123623	0.85	13.93
Jan 2022	349387.50195247127	1.17	13.74
Feb 2022	354095.459297439	1.35	13.62
Mar 2022	359426.31200918526	1.51	13.67
Apr 2022	364891.5602480676	1.52	13.63
May 2022	369712.50045342155	1.32	13.46
Jun 2022	372892.0464685696	0.86	12.93
Jul 2022	373183.4542203508	0.08	11.80
Aug 2022	371016.118745948	-0.58	10.29
Sep 2022	367940.3957796176	-0.83	8.74
Oct 2022	365915.47816721705	-0.55	7.59
Nov 2022	365037.41478515096	-0.24	6.60
Dec 2022	364729.4697734129	-0.08	5.61
Jan 2023	364097.74445819744	-0.17	4.21
Feb 2023	363727.2775891307	-0.10	2.72
Mar 2023	363784.95052804146	0.02	1.21
Apr 2023	364432.9338546594	0.18	-0.13
May 2023	365482.3551777198	0.29	-1.14
Jun 2023	366665.0951583306	0.32	-1.67
Jul 2023	367942.70666578965	0.35	-1.40
Aug 2023	369401.2317698623	0.40	-0.43
Sep 2023	370892.30243941146	0.40	0.80
Oct 2023	372041.80971657176	0.31	1.67
Nov 2023	372600.50895588944	0.15	2.07
Dec 2023	373152.99175458675	0.15	2.31
Jan 2024	373873.91975976346	0.19	2.69
Feb 2024	375187.65980156354	0.35	3.15
Mar 2024	376894.665428415	0.46	3.60
Apr 2024	377792.6397231606	0.24	3.67
May 2024	377282.4084542562	-0.13	3.23
Jun 2024	375250.54955320177	-0.54	2.34
Jul 2024	373725.94197513233	-0.41	1.57
Aug 2024	373339.71630763914	-0.10	1.07
Sep 2024	374271.19257359067	0.25	0.91
Oct 2024	375679.9482553597	0.38	0.98
Nov 2024	376958.6310276473	0.34	1.17
Dec 2024	378076.4216861246	0.30	1.32
Jan 2025	378938.4368796786	0.23	1.36
Feb 2025	379489.4477495672	0.14	1.15
Mar 2025	379162.3415331926	-0.09	0.60
Apr 2025	378866.0272065815	-0.08	0.28
May 2025	378577.3179506141	-0.08	0.34
Jun 2025	378830.60206903936	0.07	0.95
Jul 2025	379629.24710664275	0.21	1.58
Aug 2025	380782.7790431036	0.30	1.99
Sep 2025	382144.9675110122	0.36	2.10
Oct 2025	383350.7623508006	0.32	2.04
Nov 2025	384566.02411350684	0.32	2.02
Dec 2025	385966.7106083718	0.36	2.09
Jan 2026	387103.09501311305	0.29	2.15
Feb 2026	388095.35179926315	0.26	2.27