Zip Code: 08109 (Merchantville, New Jersey) - 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 the 08109 Zip Code (Merchantville, New Jersey) in February 2026 was $341,272.247. The month over month percentage change (MoM) was 0.78%, and the year over year percentage change (YoY) was 8.32%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 08109 zip code (Merchantville, New Jersey). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 08109 zip code (Merchantville, New Jersey).

You can see similar information for other New Jersey zip codes, and for New Jersey.

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.
Zip Code: 08109 (Merchantville, New Jersey) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 08109 (Merchantville, New Jersey) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 151499.7734294855 0.20 -0.43
Feb 2015 152399.97541246508 0.59 -0.60
Mar 2015 153350.32389141567 0.62 -0.70
Apr 2015 154036.7668042915 0.45 -1.04
May 2015 154660.74435937777 0.41 -1.11
Jun 2015 155537.627389434 0.57 -0.37
Jul 2015 157138.272844131 1.03 1.11
Aug 2015 158693.18433218964 0.99 2.82
Sep 2015 159919.62416466893 0.77 4.23
Oct 2015 160419.7256211048 0.31 5.36
Nov 2015 160230.82369875748 -0.12 5.86
Dec 2015 159638.74377892123 -0.37 5.58
Jan 2016 158822.17110071334 -0.51 4.83
Feb 2016 157956.01297158035 -0.55 3.65
Mar 2016 157228.2753427825 -0.46 2.53
Apr 2016 157097.28367712323 -0.08 1.99
May 2016 157840.91599069058 0.47 2.06
Jun 2016 158655.68003690647 0.52 2.01
Jul 2016 159279.97618549882 0.39 1.36
Aug 2016 159623.98014828085 0.22 0.59
Sep 2016 159735.17416674635 0.07 -0.11
Oct 2016 159830.59324402013 0.06 -0.37
Nov 2016 160123.94765976144 0.18 -0.07
Dec 2016 160839.5062577615 0.45 0.75
Jan 2017 160816.62186091128 -0.01 1.26
Feb 2017 159950.21820869143 -0.54 1.26
Mar 2017 159001.0780230414 -0.59 1.13
Apr 2017 158490.34188927308 -0.32 0.89
May 2017 158055.45015540774 -0.27 0.14
Jun 2017 157818.59468635925 -0.15 -0.53
Jul 2017 157926.45707118302 0.07 -0.85
Aug 2017 158426.97062585937 0.32 -0.75
Sep 2017 158852.49372888828 0.27 -0.55
Oct 2017 159160.95003287386 0.19 -0.42
Nov 2017 159837.32974374134 0.43 -0.18
Dec 2017 160789.57778493367 0.60 -0.03
Jan 2018 161799.8093530836 0.63 0.61
Feb 2018 162498.52130303063 0.43 1.59
Mar 2018 162917.118333831 0.26 2.46
Apr 2018 162749.71567242427 -0.10 2.69
May 2018 162357.40496842374 -0.24 2.72
Jun 2018 161611.46948212353 -0.46 2.40
Jul 2018 161783.54596784714 0.11 2.44
Aug 2018 162501.18785080218 0.44 2.57
Sep 2018 163629.02390611309 0.69 3.01
Oct 2018 164430.18957707266 0.49 3.31
Nov 2018 165156.09628810541 0.44 3.33
Dec 2018 165883.6136659917 0.44 3.17
Jan 2019 166889.95109254992 0.61 3.15
Feb 2019 168304.05727052197 0.85 3.57
Mar 2019 170414.6191386848 1.25 4.60
Apr 2019 172823.48035662484 1.41 6.19
May 2019 174840.71659370628 1.17 7.69
Jun 2019 176136.86142417343 0.74 8.99
Jul 2019 176545.47339010562 0.23 9.12
Aug 2019 176689.33882244598 0.08 8.73
Sep 2019 176805.25716644374 0.07 8.05
Oct 2019 177400.74478524868 0.34 7.89
Nov 2019 178426.9532965663 0.58 8.04
Dec 2019 179826.36347969747 0.78 8.40
Jan 2020 181571.99081714568 0.97 8.80
Feb 2020 183248.1785765471 0.92 8.88
Mar 2020 185375.07210230237 1.16 8.78
Apr 2020 187832.70005496833 1.33 8.69
May 2020 190282.57138321773 1.30 8.83
Jun 2020 191808.46923215964 0.80 8.90
Jul 2020 192652.9790849962 0.44 9.12
Aug 2020 193420.93566231264 0.40 9.47
Sep 2020 194963.27590859926 0.80 10.27
Oct 2020 197482.48618824765 1.29 11.32
Nov 2020 200926.30208002942 1.74 12.61
Dec 2020 205124.2897545311 2.09 14.07
Jan 2021 209529.9770129318 2.15 15.40
Feb 2021 213997.6803553571 2.13 16.78
Mar 2021 218105.36489982216 1.92 17.66
Apr 2021 221621.61360788907 1.61 17.99
May 2021 224823.54670143628 1.45 18.15
Jun 2021 228242.79683273484 1.52 19.00
Jul 2021 232167.74232036 1.72 20.51
Aug 2021 235675.59994686363 1.51 21.85
Sep 2021 238127.02119332028 1.04 22.14
Oct 2021 239493.9096765481 0.57 21.27
Nov 2021 240907.36334868998 0.59 19.90
Dec 2021 242797.2682652917 0.78 18.37
Jan 2022 245874.2599132934 1.27 17.35
Feb 2022 249716.8875524057 1.56 16.69
Mar 2022 254039.2975979908 1.73 16.48
Apr 2022 257908.18059526186 1.52 16.37
May 2022 261882.28517035992 1.54 16.48
Jun 2022 265032.08299376804 1.20 16.12
Jul 2022 266409.24820249405 0.52 14.75
Aug 2022 265452.51900561474 -0.36 12.64
Sep 2022 263863.9630761668 -0.60 10.81
Oct 2022 262878.82720542164 -0.37 9.76
Nov 2022 262689.70851683995 -0.07 9.04
Dec 2022 262407.74079180806 -0.11 8.08
Jan 2023 262521.53541054943 0.04 6.77
Feb 2023 262668.9831217826 0.06 5.19
Mar 2023 264054.9204701683 0.53 3.94
Apr 2023 267031.8593306485 1.13 3.54
May 2023 271893.2167337415 1.82 3.82
Jun 2023 276928.5832647274 1.85 4.49
Jul 2023 280930.707238855 1.45 5.45
Aug 2023 283760.05108660756 1.01 6.90
Sep 2023 285841.2847497667 0.73 8.33
Oct 2023 287467.9773452503 0.57 9.35
Nov 2023 288757.6685878127 0.45 9.92
Dec 2023 290140.3897395879 0.48 10.57
Jan 2024 291979.32252671616 0.63 11.22
Feb 2024 294923.06377843797 1.01 12.28
Mar 2024 298496.65161752445 1.21 13.04
Apr 2024 301883.0698184332 1.13 13.05
May 2024 303450.4337786595 0.52 11.61
Jun 2024 303605.4433244337 0.05 9.63
Jul 2024 304057.6649605337 0.15 8.23
Aug 2024 305649.24661063735 0.52 7.71
Sep 2024 308402.59923797066 0.90 7.89
Oct 2024 310564.7588655546 0.70 8.04
Nov 2024 312002.4667284355 0.46 8.05
Dec 2024 312634.8770585589 0.20 7.75
Jan 2025 313540.2494921633 0.29 7.38
Feb 2025 315071.8783986429 0.49 6.83
Mar 2025 316835.90747260203 0.56 6.14
Apr 2025 318480.4410787316 0.52 5.50
May 2025 319695.51421052596 0.38 5.35
Jun 2025 320301.3359769045 0.19 5.50
Jul 2025 320519.0445250105 0.07 5.41
Aug 2025 320351.0192808649 -0.05 4.81
Sep 2025 320965.31225696945 0.19 4.07
Oct 2025 323902.72532587696 0.92 4.30
Nov 2025 328888.3275758873 1.54 5.41
Dec 2025 334630.2422080164 1.75 7.04
Jan 2026 338620.20925593894 1.19 8.00
Feb 2026 341272.2468415106 0.78 8.32