Independence (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 Independence (City), Minnesota in February 2026 was $770,525.39. The month over month percentage change (MoM) was 0.47%, and the year over year percentage change (YoY) was 2.91%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for Independence (City), MN. The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for Independence (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.
Independence (City), MN - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Independence (City), MN - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 427834.3387557375 0.19 2.34
Feb 2015 428376.80961226724 0.13 2.08
Mar 2015 429608.0676976652 0.29 1.85
Apr 2015 430996.75346243236 0.32 1.82
May 2015 431893.70803318755 0.21 1.89
Jun 2015 431874.8942577765 0.00 2.08
Jul 2015 432919.62117722287 0.24 2.35
Aug 2015 434854.52684037015 0.45 2.81
Sep 2015 437535.162324463 0.62 3.08
Oct 2015 439450.0965192982 0.44 3.34
Nov 2015 441687.464413027 0.51 3.55
Dec 2015 443756.27743031917 0.47 3.92
Jan 2016 445519.39406772604 0.40 4.13
Feb 2016 446555.89451297716 0.23 4.24
Mar 2016 447088.5937029791 0.12 4.07
Apr 2016 446666.6532712521 -0.09 3.64
May 2016 445071.6471054659 -0.36 3.05
Jun 2016 443081.41218370013 -0.45 2.60
Jul 2016 442686.93066326407 -0.09 2.26
Aug 2016 443640.2643570125 0.22 2.02
Sep 2016 444923.8012083461 0.29 1.69
Oct 2016 446507.32177593047 0.36 1.61
Nov 2016 448010.79621010553 0.34 1.43
Dec 2016 450450.03819480585 0.54 1.51
Jan 2017 453066.32799265377 0.58 1.69
Feb 2017 455759.08453947754 0.59 2.06
Mar 2017 457637.54930771305 0.41 2.36
Apr 2017 459819.6885228281 0.48 2.95
May 2017 461851.30467638443 0.44 3.77
Jun 2017 464610.6400215929 0.60 4.86
Jul 2017 467108.09711282374 0.54 5.52
Aug 2017 469622.0376829249 0.54 5.86
Sep 2017 470848.85129458597 0.26 5.83
Oct 2017 471108.1959372721 0.06 5.51
Nov 2017 471660.0788856221 0.12 5.28
Dec 2017 473226.0003446548 0.33 5.06
Jan 2018 476174.16584641783 0.62 5.10
Feb 2018 480745.9451296863 0.96 5.48
Mar 2018 487233.6392337024 1.35 6.47
Apr 2018 494335.2770824779 1.46 7.51
May 2018 500204.61449879996 1.19 8.30
Jun 2018 504358.37493049173 0.83 8.56
Jul 2018 507909.4311950764 0.70 8.74
Aug 2018 510949.61764288874 0.60 8.80
Sep 2018 512673.08691897755 0.34 8.88
Oct 2018 511852.8255785616 -0.16 8.65
Nov 2018 510123.64209998056 -0.34 8.15
Dec 2018 509727.94398202753 -0.08 7.71
Jan 2019 510093.1121156045 0.07 7.12
Feb 2019 512004.3694509913 0.38 6.50
Mar 2019 513372.1838891274 0.27 5.37
Apr 2019 514567.0940416166 0.23 4.09
May 2019 512994.62025966606 -0.31 2.56
Jun 2019 510396.4761789876 -0.51 1.20
Jul 2019 507936.3199654513 -0.48 0.01
Aug 2019 506658.65790488664 -0.25 -0.84
Sep 2019 506158.94568094023 -0.10 -1.27
Oct 2019 506891.82032990205 0.14 -0.97
Nov 2019 508568.68653399224 0.33 -0.30
Dec 2019 511271.5182019157 0.53 0.30
Jan 2020 514389.80941369926 0.61 0.84
Feb 2020 518177.6236266002 0.74 1.21
Mar 2020 522006.1006672932 0.74 1.68
Apr 2020 525281.9818335758 0.63 2.08
May 2020 526692.9349944264 0.27 2.67
Jun 2020 526184.7200448917 -0.10 3.09
Jul 2020 525031.3008596826 -0.22 3.37
Aug 2020 526727.7286762755 0.32 3.96
Sep 2020 531816.3583265938 0.97 5.07
Oct 2020 540260.5544288597 1.59 6.58
Nov 2020 549252.5927757997 1.66 8.00
Dec 2020 558316.7069498746 1.65 9.20
Jan 2021 564958.2231084554 1.19 9.83
Feb 2021 571509.7088968382 1.16 10.29
Mar 2021 578286.5690713731 1.19 10.78
Apr 2021 588896.295856038 1.84 12.11
May 2021 601450.8938966513 2.13 14.19
Jun 2021 615067.5288710017 2.26 16.89
Jul 2021 627138.8664168925 1.96 19.45
Aug 2021 635130.1196360424 1.27 20.58
Sep 2021 639370.8077006325 0.67 20.22
Oct 2021 641701.5760623078 0.37 18.78
Nov 2021 645595.8371474158 0.61 17.54
Dec 2021 650229.0483391219 0.72 16.46
Jan 2022 656504.4391268905 0.97 16.20
Feb 2022 663699.3104866784 1.10 16.13
Mar 2022 673774.7916271131 1.52 16.51
Apr 2022 686073.5896808906 1.83 16.50
May 2022 698564.2693016886 1.82 16.15
Jun 2022 710108.7901202835 1.65 15.45
Jul 2022 714420.6330172196 0.61 13.92
Aug 2022 712559.6758699218 -0.26 12.19
Sep 2022 705799.8831950197 -0.95 10.39
Oct 2022 701032.7625567907 -0.67 9.25
Nov 2022 698910.84949457 -0.30 8.26
Dec 2022 698744.1954331257 -0.02 7.46
Jan 2023 699486.8373566186 0.11 6.55
Feb 2023 701367.761038937 0.27 5.68
Mar 2023 702934.5939064767 0.22 4.33
Apr 2023 704705.545782784 0.25 2.72
May 2023 707826.6305908993 0.44 1.33
Jun 2023 712848.9611028195 0.71 0.39
Jul 2023 718110.6264153417 0.74 0.52
Aug 2023 721001.068403658 0.40 1.19
Sep 2023 722955.2567153504 0.27 2.43
Oct 2023 723124.9598195121 0.02 3.15
Nov 2023 723226.3110334651 0.01 3.48
Dec 2023 720666.0644001231 -0.35 3.14
Jan 2024 716845.6255676042 -0.53 2.48
Feb 2024 713900.1104459461 -0.41 1.79
Mar 2024 715996.1265814361 0.29 1.86
Apr 2024 718933.0300086202 0.41 2.02
May 2024 722408.7466851709 0.48 2.06
Jun 2024 722751.8969716277 0.05 1.39
Jul 2024 723915.5448772894 0.16 0.81
Aug 2024 725834.1582966056 0.27 0.67
Sep 2024 728970.628076789 0.43 0.83
Oct 2024 733536.8091563937 0.63 1.44
Nov 2024 737772.0247487329 0.58 2.01
Dec 2024 743331.2132145707 0.75 3.15
Jan 2025 747112.403080991 0.51 4.22
Feb 2025 748726.3254679063 0.22 4.88
Mar 2025 746937.4799456963 -0.24 4.32
Apr 2025 744471.1892604545 -0.33 3.55
May 2025 742230.0635605096 -0.30 2.74
Jun 2025 741646.3766515789 -0.08 2.61
Jul 2025 744745.5426629357 0.42 2.88
Aug 2025 748368.9548559505 0.49 3.11
Sep 2025 752403.6570709283 0.54 3.22
Oct 2025 755389.5056506352 0.40 2.98
Nov 2025 758761.809948125 0.45 2.85
Dec 2025 762802.1323445166 0.53 2.62
Jan 2026 766899.8898616657 0.54 2.65
Feb 2026 770525.390339111 0.47 2.91