Pelican Rapids (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 Pelican Rapids (City), Minnesota in February 2026 was $363,307.707. The month over month percentage change (MoM) was 0.86%, and the year over year percentage change (YoY) was 5.31%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for Pelican Rapids (City), MN. The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for Pelican Rapids (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.
Pelican Rapids (City), MN - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Pelican Rapids (City), MN - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 174505.79719260443 0.75 4.86
Feb 2015 175540.75626883798 0.59 4.79
Mar 2015 176522.431423545 0.56 4.90
Apr 2015 178257.59448395888 0.98 5.56
May 2015 180096.63543225615 1.03 6.55
Jun 2015 181838.7679757086 0.97 7.67
Jul 2015 182176.04190468695 0.19 7.53
Aug 2015 182272.07387303913 0.05 6.78
Sep 2015 182132.3832413338 -0.08 5.90
Oct 2015 182560.4922493183 0.24 5.99
Nov 2015 183227.97706184312 0.37 6.21
Dec 2015 184425.58488256342 0.65 6.48
Jan 2016 186024.99510001266 0.87 6.60
Feb 2016 187370.41384871677 0.72 6.74
Mar 2016 188513.62735175272 0.61 6.79
Apr 2016 189443.59970166264 0.49 6.28
May 2016 190189.87996764007 0.39 5.60
Jun 2016 191047.65928250758 0.45 5.06
Jul 2016 191676.15444609566 0.33 5.22
Aug 2016 192652.19290890612 0.51 5.70
Sep 2016 193478.00144177667 0.43 6.23
Oct 2016 194413.18372372587 0.48 6.49
Nov 2016 195749.19052251265 0.69 6.83
Dec 2016 197543.7667947366 0.92 7.11
Jan 2017 199429.95359253255 0.96 7.21
Feb 2017 200720.30125663953 0.65 7.13
Mar 2017 201533.39047459548 0.41 6.91
Apr 2017 202520.55456055934 0.49 6.90
May 2017 203239.54229680312 0.36 6.86
Jun 2017 203648.35771528105 0.20 6.60
Jul 2017 203428.50939422482 -0.11 6.13
Aug 2017 203096.1960619566 -0.16 5.42
Sep 2017 203209.0973686982 0.06 5.03
Oct 2017 203679.78386616148 0.23 4.77
Nov 2017 204743.0584016609 0.52 4.60
Dec 2017 205706.8875016733 0.47 4.13
Jan 2018 206777.78680033179 0.52 3.68
Feb 2018 207701.04915116983 0.45 3.48
Mar 2018 209205.38380334937 0.72 3.81
Apr 2018 210806.8336318253 0.77 4.09
May 2018 212166.3806732348 0.65 4.39
Jun 2018 212504.81136821033 0.16 4.35
Jul 2018 212437.72862297742 -0.03 4.43
Aug 2018 213518.22622413212 0.51 5.13
Sep 2018 215557.2269785992 0.96 6.08
Oct 2018 217833.31996658375 1.06 6.95
Nov 2018 219266.21551449728 0.66 7.09
Dec 2018 220123.0478585797 0.39 7.01
Jan 2019 221241.5927400474 0.51 7.00
Feb 2019 222927.91988242674 0.76 7.33
Mar 2019 225314.90137763965 1.07 7.70
Apr 2019 227110.98488009325 0.80 7.73
May 2019 228239.46709747566 0.50 7.58
Jun 2019 228891.39674364007 0.29 7.71
Jul 2019 229212.85808819454 0.14 7.90
Aug 2019 229203.01995542695 0.00 7.35
Sep 2019 229017.81410630638 -0.08 6.25
Oct 2019 229791.01538248465 0.34 5.49
Nov 2019 231403.26994906613 0.70 5.54
Dec 2019 232658.89168146718 0.54 5.70
Jan 2020 232995.52898873636 0.14 5.31
Feb 2020 232772.697722728 -0.10 4.42
Mar 2020 232978.64801759552 0.09 3.40
Apr 2020 233597.38516145863 0.27 2.86
May 2020 234365.49157008334 0.33 2.68
Jun 2020 235237.8802663316 0.37 2.77
Jul 2020 236618.56668256756 0.59 3.23
Aug 2020 238732.46769633787 0.89 4.16
Sep 2020 242230.642117518 1.47 5.77
Oct 2020 246584.02491491302 1.80 7.31
Nov 2020 251531.02422123216 2.01 8.70
Dec 2020 256011.66153149997 1.78 10.04
Jan 2021 259595.94155242151 1.40 11.42
Feb 2021 263171.6222007717 1.38 13.06
Mar 2021 265673.416412956 0.95 14.03
Apr 2021 268681.0340990251 1.13 15.02
May 2021 273119.2879091752 1.65 16.54
Jun 2021 279657.02101564355 2.39 18.88
Jul 2021 284523.43973050173 1.74 20.25
Aug 2021 286948.2521410358 0.85 20.20
Sep 2021 287652.0735762529 0.25 18.75
Oct 2021 289578.8913987794 0.67 17.44
Nov 2021 291811.3539761608 0.77 16.01
Dec 2021 293853.8232728071 0.70 14.78
Jan 2022 296782.9100048365 1.00 14.33
Feb 2022 299903.53614318446 1.05 13.96
Mar 2022 303776.8614135356 1.29 14.34
Apr 2022 307754.15458390076 1.31 14.54
May 2022 311708.45895817224 1.29 14.13
Jun 2022 316394.62732073275 1.50 13.14
Jul 2022 319762.27710734616 1.06 12.39
Aug 2022 321356.3554806852 0.50 11.99
Sep 2022 320534.12358664215 -0.26 11.43
Oct 2022 318982.34484474896 -0.48 10.15
Nov 2022 317660.1015038507 -0.41 8.86
Dec 2022 315964.74806959106 -0.53 7.52
Jan 2023 315699.69375346316 -0.08 6.37
Feb 2023 316446.8315501353 0.24 5.52
Mar 2023 318518.44623224076 0.66 4.85
Apr 2023 320681.4733431823 0.68 4.20
May 2023 323391.092297436 0.85 3.75
Jun 2023 325489.0705623667 0.65 2.87
Jul 2023 327057.8406414942 0.48 2.28
Aug 2023 326891.76087136276 -0.05 1.72
Sep 2023 326876.5990960793 0.00 1.98
Oct 2023 326195.9777500073 -0.21 2.26
Nov 2023 326683.0095079757 0.15 2.84
Dec 2023 327218.0128223351 0.16 3.56
Jan 2024 327544.9420462336 0.10 3.75
Feb 2024 326857.4390190226 -0.21 3.29
Mar 2024 327442.5373152617 0.18 2.80
Apr 2024 329517.3181090254 0.63 2.76
May 2024 332784.3482065631 0.99 2.91
Jun 2024 334833.2685003288 0.62 2.87
Jul 2024 337150.1812992326 0.69 3.09
Aug 2024 340954.2868380837 1.13 4.30
Sep 2024 344983.93619372626 1.18 5.54
Oct 2024 347164.38263311307 0.63 6.43
Nov 2024 346313.1651547288 -0.24 6.01
Dec 2024 345729.83130176464 -0.17 5.66
Jan 2025 344997.76302717975 -0.21 5.33
Feb 2025 344990.5325230127 0.00 5.55
Mar 2025 344806.5061992058 -0.05 5.30
Apr 2025 345783.9395170669 0.28 4.94
May 2025 347139.35510318336 0.39 4.31
Jun 2025 348003.9464722765 0.25 3.93
Jul 2025 349858.7990984244 0.53 3.77
Aug 2025 351533.6857299544 0.48 3.10
Sep 2025 353741.8670260659 0.63 2.54
Oct 2025 354701.01759378193 0.27 2.17
Nov 2025 355977.0500423788 0.36 2.79
Dec 2025 357987.2741993906 0.56 3.55
Jan 2026 360200.4705276059 0.62 4.41
Feb 2026 363307.70695668156 0.86 5.31