Zip Code: 28723 (Cullowhee, North Carolina) - 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 28723 Zip Code (Cullowhee, North Carolina) in February 2026 was $422,635.798. The month over month percentage change (MoM) was 0.03%, and the year over year percentage change (YoY) was 0.80%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 28723 zip code (Cullowhee, North Carolina). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 28723 zip code (Cullowhee, North Carolina).

You can see similar information for other North Carolina zip codes, and for North Carolina.

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: 28723 (Cullowhee, North Carolina) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 28723 (Cullowhee, North Carolina) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 212383.70952219158 0.04 3.21
Feb 2015 212917.5527806571 0.25 3.41
Mar 2015 213606.99457639226 0.32 3.39
Apr 2015 214035.68394138486 0.20 3.18
May 2015 214870.56375971925 0.39 3.04
Jun 2015 215853.58627669592 0.46 3.47
Jul 2015 217179.82005215995 0.61 3.86
Aug 2015 218187.9247872356 0.46 4.17
Sep 2015 218967.844809272 0.36 3.92
Oct 2015 219542.05150678483 0.26 3.72
Nov 2015 218851.5430287487 -0.31 3.12
Dec 2015 218269.09599858907 -0.27 2.81
Jan 2016 217824.0695362438 -0.20 2.56
Feb 2016 218703.5007345603 0.40 2.72
Mar 2016 218573.83553378386 -0.06 2.33
Apr 2016 217320.58433352516 -0.57 1.54
May 2016 214463.0707710837 -1.31 -0.19
Jun 2016 211909.28236870826 -1.19 -1.83
Jul 2016 210127.1183548408 -0.84 -3.25
Aug 2016 209348.74613694925 -0.37 -4.05
Sep 2016 209450.95078283641 0.05 -4.35
Oct 2016 209942.34264871254 0.24 -4.37
Nov 2016 211066.12149856242 0.54 -3.56
Dec 2016 211755.31727922507 0.33 -2.98
Jan 2017 212287.14692534937 0.25 -2.54
Feb 2017 212413.13182101553 0.06 -2.88
Mar 2017 213336.54370559336 0.44 -2.40
Apr 2017 215059.78990616847 0.81 -1.04
May 2017 217316.975986151 1.05 1.33
Jun 2017 219173.78130632173 0.85 3.43
Jul 2017 220278.48164294063 0.50 4.83
Aug 2017 220937.90163347326 0.30 5.54
Sep 2017 221307.9709157526 0.17 5.66
Oct 2017 222141.01285217828 0.38 5.81
Nov 2017 223082.30089225774 0.42 5.69
Dec 2017 224400.1032914728 0.59 5.97
Jan 2018 225943.45959386215 0.69 6.43
Feb 2018 227239.01196313254 0.57 6.98
Mar 2018 228909.41502606872 0.74 7.30
Apr 2018 230574.5719913413 0.73 7.21
May 2018 232966.81359092428 1.04 7.20
Jun 2018 234813.36427578042 0.79 7.14
Jul 2018 236077.492115465 0.54 7.17
Aug 2018 236290.78753421968 0.09 6.95
Sep 2018 236161.81366565055 -0.05 6.71
Oct 2018 236448.53445556713 0.12 6.44
Nov 2018 237736.22608008437 0.55 6.57
Dec 2018 239374.8292734711 0.69 6.67
Jan 2019 240232.45692413594 0.36 6.32
Feb 2019 240469.8994236806 0.10 5.82
Mar 2019 240538.68989455883 0.03 5.08
Apr 2019 240797.96634749774 0.11 4.43
May 2019 240779.9996968295 -0.01 3.35
Jun 2019 240594.10153994485 -0.08 2.46
Jul 2019 240805.1126953341 0.09 2.00
Aug 2019 241149.218319363 0.14 2.06
Sep 2019 240872.51570295065 -0.11 2.00
Oct 2019 239710.78607323463 -0.48 1.38
Nov 2019 238807.9664967055 -0.38 0.45
Dec 2019 239274.7914243961 0.20 -0.04
Jan 2020 240493.44483391815 0.51 0.11
Feb 2020 242370.3519845516 0.78 0.79
Mar 2020 244046.19862984307 0.69 1.46
Apr 2020 246020.95266437533 0.81 2.17
May 2020 247077.7991730663 0.43 2.62
Jun 2020 248207.87078830568 0.46 3.17
Jul 2020 249637.15307462763 0.58 3.67
Aug 2020 252922.77961869165 1.32 4.88
Sep 2020 257549.2908266626 1.83 6.92
Oct 2020 264022.64707756904 2.51 10.14
Nov 2020 271665.058609451 2.90 13.76
Dec 2020 279723.0518029519 2.97 16.91
Jan 2021 286515.9030670612 2.43 19.14
Feb 2021 292737.7643130103 2.17 20.78
Mar 2021 298569.5311058079 1.99 22.34
Apr 2021 305730.2178131709 2.40 24.27
May 2021 314127.1746967204 2.75 27.14
Jun 2021 323968.606357184 3.13 30.52
Jul 2021 331722.58128506 2.39 32.88
Aug 2021 335866.46024132293 1.25 32.79
Sep 2021 336786.2639017466 0.27 30.77
Oct 2021 337288.0173115491 0.15 27.75
Nov 2021 338740.60583724244 0.43 24.69
Dec 2021 340075.1263761536 0.39 21.58
Jan 2022 344070.07768481714 1.18 20.09
Feb 2022 349999.803134558 1.72 19.56
Mar 2022 358956.13845968136 2.56 20.23
Apr 2022 368383.7563569388 2.63 20.49
May 2022 376734.6856021422 2.27 19.93
Jun 2022 382537.131627856 1.54 18.08
Jul 2022 384396.4111705434 0.49 15.88
Aug 2022 384020.92539889296 -0.10 14.34
Sep 2022 381363.6242283105 -0.69 13.24
Oct 2022 379071.087718364 -0.60 12.39
Nov 2022 376516.1520816556 -0.67 11.15
Dec 2022 374811.6640361882 -0.45 10.21
Jan 2023 372123.1529690412 -0.72 8.15
Feb 2023 370583.24322219373 -0.41 5.88
Mar 2023 370315.43014788884 -0.07 3.17
Apr 2023 372140.1668173371 0.49 1.02
May 2023 374980.5491014581 0.76 -0.47
Jun 2023 379162.0224409839 1.12 -0.88
Jul 2023 383487.93345732644 1.14 -0.24
Aug 2023 386755.66847603914 0.85 0.71
Sep 2023 389259.42066572746 0.65 2.07
Oct 2023 391314.0319114937 0.53 3.23
Nov 2023 394575.43321536685 0.83 4.80
Dec 2023 396140.3866276567 0.40 5.69
Jan 2024 395111.72034206503 -0.26 6.18
Feb 2024 391864.11443057377 -0.82 5.74
Mar 2024 391159.6871069434 -0.18 5.63
Apr 2024 393087.3226878731 0.49 5.63
May 2024 397147.8468562565 1.03 5.91
Jun 2024 401021.2477542961 0.98 5.77
Jul 2024 405048.4099947934 1.00 5.62
Aug 2024 408374.64876768534 0.82 5.59
Sep 2024 410597.0780327264 0.54 5.48
Oct 2024 412671.1347884312 0.51 5.46
Nov 2024 413694.70276586944 0.25 4.85
Dec 2024 415767.6318869697 0.50 4.96
Jan 2025 417289.6649190413 0.37 5.61
Feb 2025 419272.0289784839 0.48 6.99
Mar 2025 419210.9652081551 -0.01 7.17
Apr 2025 418670.4316196239 -0.13 6.51
May 2025 417895.33994354383 -0.18 5.22
Jun 2025 417825.7346732829 -0.02 4.19
Jul 2025 419524.8438989593 0.41 3.57
Aug 2025 421603.0635156615 0.50 3.24
Sep 2025 423981.79928812734 0.56 3.26
Oct 2025 424638.0326893467 0.16 2.90
Nov 2025 424032.57399719465 -0.14 2.50
Dec 2025 423206.3988933869 -0.19 1.79
Jan 2026 422515.3319553928 -0.16 1.25
Feb 2026 422635.7981288382 0.03 0.80