Zip Code: 48062 (Richmond, Michigan) - 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 48062 Zip Code (Richmond, Michigan) in February 2026 was $298,297.369. The month over month percentage change (MoM) was 0.36%, and the year over year percentage change (YoY) was 4.37%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 48062 zip code (Richmond, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 48062 zip code (Richmond, Michigan).

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

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: 48062 (Richmond, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 48062 (Richmond, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 158832.9990831167 0.40 6.18
Feb 2015 159809.78505593026 0.62 5.93
Mar 2015 160563.43870756368 0.47 5.74
Apr 2015 161194.4707741727 0.39 5.44
May 2015 161727.43903014122 0.33 5.07
Jun 2015 162847.19658434443 0.69 4.76
Jul 2015 163373.2221118106 0.32 4.09
Aug 2015 163521.5563375751 0.09 3.72
Sep 2015 162951.94911604092 -0.35 3.36
Oct 2015 163115.74604194844 0.10 3.54
Nov 2015 163382.06439947788 0.16 3.57
Dec 2015 164321.62285434085 0.57 3.87
Jan 2016 165714.32327461452 0.85 4.33
Feb 2016 167352.241852271 0.99 4.72
Mar 2016 168299.66736077194 0.57 4.82
Apr 2016 169168.46511477747 0.52 4.95
May 2016 169961.04795228378 0.47 5.09
Jun 2016 171411.5257356607 0.85 5.26
Jul 2016 171999.23826941865 0.34 5.28
Aug 2016 172487.11650334715 0.28 5.48
Sep 2016 172573.79309947536 0.05 5.91
Oct 2016 173191.48329470228 0.36 6.18
Nov 2016 173968.3091636732 0.45 6.48
Dec 2016 175273.67477706468 0.75 6.67
Jan 2017 176736.82994091313 0.84 6.65
Feb 2017 178596.24156404278 1.05 6.72
Mar 2017 180468.43354543913 1.05 7.23
Apr 2017 182418.57993978148 1.08 7.83
May 2017 184069.57830780256 0.91 8.30
Jun 2017 185797.16601226153 0.94 8.39
Jul 2017 187078.19626014176 0.69 8.77
Aug 2017 188085.02400434366 0.54 9.04
Sep 2017 188514.40214092832 0.23 9.24
Oct 2017 189424.8852675355 0.48 9.37
Nov 2017 190679.1795016667 0.66 9.61
Dec 2017 192485.32693423773 0.95 9.82
Jan 2018 194266.26105968145 0.93 9.92
Feb 2018 196082.66950232346 0.94 9.79
Mar 2018 197789.18012846107 0.87 9.60
Apr 2018 199340.7693419198 0.78 9.28
May 2018 200580.98384649074 0.62 8.97
Jun 2018 201875.3218215053 0.65 8.65
Jul 2018 202798.147153258 0.46 8.40
Aug 2018 202912.56953749852 0.06 7.88
Sep 2018 202400.32489514703 -0.25 7.37
Oct 2018 201776.06914058514 -0.31 6.52
Nov 2018 201621.89387827544 -0.08 5.74
Dec 2018 201735.29485084544 0.06 4.81
Jan 2019 203026.664963661 0.64 4.51
Feb 2019 205215.71131679174 1.08 4.66
Mar 2019 207740.8387742821 1.23 5.03
Apr 2019 209496.26508240637 0.85 5.10
May 2019 210663.23878157823 0.56 5.03
Jun 2019 211423.66115781784 0.36 4.73
Jul 2019 211387.62844856235 -0.02 4.24
Aug 2019 210706.00498609524 -0.32 3.84
Sep 2019 209860.18454308787 -0.40 3.69
Oct 2019 209584.42755631564 -0.13 3.87
Nov 2019 210037.1776438499 0.22 4.17
Dec 2019 210787.56302790286 0.36 4.49
Jan 2020 211946.35538714865 0.55 4.39
Feb 2020 213388.1029478618 0.68 3.98
Mar 2020 214891.2272871865 0.70 3.44
Apr 2020 215876.4989059033 0.46 3.05
May 2020 215959.55542886443 0.04 2.51
Jun 2020 215924.14224563024 -0.02 2.13
Jul 2020 216460.55355111626 0.25 2.40
Aug 2020 217639.1158433374 0.54 3.29
Sep 2020 219461.79033021952 0.84 4.58
Oct 2020 221588.2729773574 0.97 5.73
Nov 2020 224141.70201582034 1.15 6.72
Dec 2020 226714.89868888728 1.15 7.56
Jan 2021 229542.88375542665 1.25 8.30
Feb 2021 232901.84797629868 1.46 9.15
Mar 2021 236662.03246223376 1.61 10.13
Apr 2021 240551.95729171147 1.64 11.43
May 2021 244423.5252964394 1.61 13.18
Jun 2021 248228.0177134024 1.56 14.96
Jul 2021 251251.98888038204 1.22 16.07
Aug 2021 252764.7611621418 0.60 16.14
Sep 2021 252997.5616639438 0.09 15.28
Oct 2021 253031.66396817556 0.01 14.19
Nov 2021 253471.8426774208 0.17 13.09
Dec 2021 254194.91720225298 0.28 12.12
Jan 2022 256145.7731644367 0.77 11.59
Feb 2022 259598.87112384345 1.35 11.46
Mar 2022 264455.2301137934 1.87 11.74
Apr 2022 269359.2287075 1.85 11.98
May 2022 273191.1143953248 1.42 11.77
Jun 2022 275894.6481160882 0.99 11.15
Jul 2022 276493.05482525664 0.22 10.05
Aug 2022 275565.3586954178 -0.34 9.02
Sep 2022 273465.4103747119 -0.76 8.09
Oct 2022 271799.35407179344 -0.61 7.42
Nov 2022 270380.9517023651 -0.52 6.67
Dec 2022 269630.2014076965 -0.28 6.07
Jan 2023 269049.25639180007 -0.21 5.04
Feb 2023 268387.92459326755 -0.25 3.39
Mar 2023 268199.787479494 -0.07 1.42
Apr 2023 268341.592071647 0.05 -0.38
May 2023 270176.5315135529 0.68 -1.10
Jun 2023 272000.2558247222 0.68 -1.41
Jul 2023 273637.139197488 0.60 -1.03
Aug 2023 274239.2151260292 0.22 -0.48
Sep 2023 274206.87976004573 -0.01 0.27
Oct 2023 273963.9360017798 -0.09 0.80
Nov 2023 273586.5951762237 -0.14 1.19
Dec 2023 273207.2485468555 -0.14 1.33
Jan 2024 272999.5693891167 -0.08 1.47
Feb 2024 273986.4530208817 0.36 2.09
Mar 2024 275880.1272002785 0.69 2.86
Apr 2024 278292.49471542914 0.87 3.71
May 2024 279736.00044871785 0.52 3.54
Jun 2024 280372.71780094755 0.23 3.08
Jul 2024 280285.0357195433 -0.03 2.43
Aug 2024 280285.8611151427 0.00 2.21
Sep 2024 280816.151369141 0.19 2.41
Oct 2024 281759.69645678997 0.34 2.85
Nov 2024 282542.6909824949 0.28 3.27
Dec 2024 283625.50457206665 0.38 3.81
Jan 2025 284789.4141810644 0.41 4.32
Feb 2025 285797.6876751994 0.35 4.31
Mar 2025 285960.3152926113 0.06 3.65
Apr 2025 285959.3517501315 0.00 2.76
May 2025 286489.86207398673 0.19 2.41
Jun 2025 287329.3559706474 0.29 2.48
Jul 2025 288439.610869673 0.39 2.91
Aug 2025 289162.1307036522 0.25 3.17
Sep 2025 290113.4606266347 0.33 3.31
Oct 2025 291403.91588460706 0.45 3.42
Nov 2025 293463.1253900006 0.71 3.87
Dec 2025 295698.47908853024 0.76 4.26
Jan 2026 297236.34001383925 0.52 4.37
Feb 2026 298297.36870125245 0.36 4.37