Zip Code: 47224 (Madison, Indiana) - 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 47224 Zip Code (Madison, Indiana) in February 2026 was $324,557.499. The month over month percentage change (MoM) was 0.51%, and the year over year percentage change (YoY) was 9.83%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 47224 zip code (Madison, Indiana). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 47224 zip code (Madison, Indiana).

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

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: 47224 (Madison, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 47224 (Madison, Indiana) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 129906.83920459816 0.96 6.61
Feb 2015 130758.56010845944 0.66 7.62
Mar 2015 131671.96837175975 0.70 8.74
Apr 2015 132734.1799257924 0.81 9.93
May 2015 133636.41715821187 0.68 10.44
Jun 2015 133971.2707187998 0.25 9.71
Jul 2015 134290.18376873303 0.24 8.55
Aug 2015 135376.25391276047 0.81 8.12
Sep 2015 136868.63472644574 1.10 8.23
Oct 2015 137944.18071860904 0.79 8.71
Nov 2015 138209.08479698744 0.19 8.42
Dec 2015 138180.1115966969 -0.02 7.39
Jan 2016 139292.78186622122 0.81 7.23
Feb 2016 140895.03824624995 1.15 7.75
Mar 2016 141665.46978030997 0.55 7.59
Apr 2016 141361.99650047618 -0.21 6.50
May 2016 140348.07154777748 -0.72 5.02
Jun 2016 140330.9846767128 -0.01 4.75
Jul 2016 139843.83246117074 -0.35 4.14
Aug 2016 140352.2713933922 0.36 3.68
Sep 2016 140981.0030975689 0.45 3.01
Oct 2016 142506.51527708108 1.08 3.31
Nov 2016 143650.44064399294 0.80 3.94
Dec 2016 144787.075368071 0.79 4.78
Jan 2017 146049.32336558794 0.87 4.85
Feb 2017 148453.30426921597 1.65 5.36
Mar 2017 151416.3083968055 2.00 6.88
Apr 2017 154923.45090998968 2.32 9.59
May 2017 156937.6205399918 1.30 11.82
Jun 2017 156653.58676740577 -0.18 11.63
Jul 2017 155533.07739037985 -0.71 11.22
Aug 2017 155026.7432655968 -0.33 10.46
Sep 2017 155890.8597046378 0.56 10.58
Oct 2017 157153.4909935793 0.81 10.28
Nov 2017 158572.12299519824 0.90 10.39
Dec 2017 160072.45709680888 0.95 10.56
Jan 2018 161622.09890506792 0.97 10.66
Feb 2018 162871.6424541578 0.77 9.71
Mar 2018 164507.18244167045 1.00 8.65
Apr 2018 165717.89001144096 0.74 6.97
May 2018 167144.2764582889 0.86 6.50
Jun 2018 168112.03131313936 0.58 7.32
Jul 2018 168426.88696366176 0.19 8.29
Aug 2018 168584.2322941088 0.09 8.74
Sep 2018 168884.0180482303 0.18 8.34
Oct 2018 169048.9529694062 0.10 7.57
Nov 2018 168868.22973919826 -0.11 6.49
Dec 2018 168174.92100037803 -0.41 5.06
Jan 2019 166664.09668556196 -0.90 3.12
Feb 2019 163745.37235638313 -1.75 0.54
Mar 2019 160775.43885847263 -1.81 -2.27
Apr 2019 158690.75108449117 -1.30 -4.24
May 2019 158174.79129194384 -0.32 -5.37
Jun 2019 158354.23881562788 0.11 -5.80
Jul 2019 159624.76564498988 0.80 -5.23
Aug 2019 161350.05331116403 1.08 -4.29
Sep 2019 162730.69961895174 0.86 -3.64
Oct 2019 163920.92212964347 0.73 -3.03
Nov 2019 164956.4809069274 0.63 -2.32
Dec 2019 166774.50105574905 1.10 -0.83
Jan 2020 169265.9610745547 1.49 1.56
Feb 2020 171847.85503076165 1.53 4.95
Mar 2020 173743.7296986894 1.10 8.07
Apr 2020 174780.80005225973 0.60 10.14
May 2020 174810.22828261365 0.02 10.52
Jun 2020 175020.69063477145 0.12 10.53
Jul 2020 176474.9025095779 0.83 10.56
Aug 2020 179846.7947242524 1.91 11.46
Sep 2020 184782.39980520037 2.74 13.55
Oct 2020 190153.61448733602 2.91 16.00
Nov 2020 196030.92407164976 3.09 18.84
Dec 2020 201664.44457010788 2.87 20.92
Jan 2021 206621.3675400183 2.46 22.07
Feb 2021 210713.9381790841 1.98 22.62
Mar 2021 214158.49896380096 1.64 23.26
Apr 2021 217731.99465071844 1.67 24.57
May 2021 221823.5761857673 1.88 26.89
Jun 2021 226168.95128595512 1.96 29.22
Jul 2021 228269.89579203408 0.93 29.35
Aug 2021 228880.828651721 0.27 27.26
Sep 2021 227510.94863678308 -0.60 23.12
Oct 2021 226907.20571542194 -0.26 19.33
Nov 2021 227773.5902343984 0.38 16.19
Dec 2021 229952.14951729172 0.96 14.03
Jan 2022 234902.39120737588 2.15 13.69
Feb 2022 240406.6155003706 2.34 14.09
Mar 2022 246893.66505530445 2.70 15.29
Apr 2022 253715.08862211797 2.76 16.53
May 2022 259601.7834439799 2.32 17.03
Jun 2022 265015.49883730937 2.09 17.18
Jul 2022 265960.5952902597 0.36 16.51
Aug 2022 264313.21990320017 -0.62 15.48
Sep 2022 259486.55307851438 -1.83 14.06
Oct 2022 255404.7206941558 -1.57 12.56
Nov 2022 252082.6345227667 -1.30 10.67
Dec 2022 250489.34724603876 -0.63 8.93
Jan 2023 249503.46872491238 -0.39 6.22
Feb 2023 248806.1341411468 -0.28 3.49
Mar 2023 250024.63788045835 0.49 1.27
Apr 2023 253664.50349162903 1.46 -0.02
May 2023 259869.24449637288 2.45 0.10
Jun 2023 264852.10750058765 1.92 -0.06
Jul 2023 268113.7737457498 1.23 0.81
Aug 2023 269340.8999134347 0.46 1.90
Sep 2023 269673.84776654834 0.12 3.93
Oct 2023 268937.3951077548 -0.27 5.30
Nov 2023 268492.6590419053 -0.16 6.51
Dec 2023 268664.4439162295 0.06 7.26
Jan 2024 269061.289288689 0.15 7.84
Feb 2024 269770.2688780436 0.26 8.43
Mar 2024 271291.8113223365 0.56 8.51
Apr 2024 273964.3675745051 0.99 8.00
May 2024 276493.7130357933 0.92 6.40
Jun 2024 279176.7899055924 0.97 5.41
Jul 2024 281868.86421767104 0.96 5.13
Aug 2024 284283.3855029364 0.86 5.55
Sep 2024 285959.3283855408 0.59 6.04
Oct 2024 287233.28315638273 0.45 6.80
Nov 2024 288614.3211422388 0.48 7.49
Dec 2024 291592.3891866834 1.03 8.53
Jan 2025 294088.7657160642 0.86 9.30
Feb 2025 295519.90321972826 0.49 9.55
Mar 2025 294198.23369055794 -0.45 8.44
Apr 2025 292827.369494962 -0.47 6.89
May 2025 293068.2104800334 0.08 6.00
Jun 2025 295682.1056131961 0.89 5.91
Jul 2025 300045.6405847952 1.48 6.45
Aug 2025 304434.7060605107 1.46 7.09
Sep 2025 308802.39000432246 1.44 7.99
Oct 2025 312889.3813147556 1.32 8.93
Nov 2025 317190.3038897516 1.38 9.90
Dec 2025 320823.7709938478 1.15 10.03
Jan 2026 322922.5753236437 0.65 9.80
Feb 2026 324557.4985070498 0.51 9.83