Zip Code: 48240 (Redford, 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 48240 Zip Code (Redford, Michigan) in February 2026 was $150,943.518. The month over month percentage change (MoM) was -0.11%, and the year over year percentage change (YoY) was 0.42%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 48240 zip code (Redford, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 48240 zip code (Redford, 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: 48240 (Redford, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 48240 (Redford, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 46729.93510242823 0.43 11.95
Feb 2015 47017.95651741874 0.62 10.69
Mar 2015 47579.30915284018 1.19 10.71
Apr 2015 48469.589666279055 1.87 11.40
May 2015 49679.61524305324 2.50 12.31
Jun 2015 50853.41389666197 2.36 13.15
Jul 2015 51864.413522894494 1.99 14.19
Aug 2015 52705.05626606769 1.62 15.23
Sep 2015 53326.4959983709 1.18 16.10
Oct 2015 53801.803962453996 0.89 16.59
Nov 2015 54195.65275419958 0.73 17.04
Dec 2015 54644.314501344874 0.83 17.43
Jan 2016 55337.30098736227 1.27 18.42
Feb 2016 55999.20909300542 1.20 19.10
Mar 2016 56728.62848200293 1.30 19.23
Apr 2016 57357.75333454081 1.11 18.34
May 2016 58046.3330031693 1.20 16.84
Jun 2016 58673.050525482475 1.08 15.38
Jul 2016 59250.40556373014 0.98 14.24
Aug 2016 59803.29885796818 0.93 13.47
Sep 2016 60377.0805573054 0.96 13.22
Oct 2016 61046.86169252663 1.11 13.47
Nov 2016 61758.60422200034 1.17 13.96
Dec 2016 62290.48346977254 0.86 13.99
Jan 2017 62825.23733952341 0.86 13.53
Feb 2017 63343.96366701795 0.83 13.12
Mar 2017 64073.10471497747 1.15 12.95
Apr 2017 64599.54841595845 0.82 12.63
May 2017 65118.53133871604 0.80 12.18
Jun 2017 65806.55064011704 1.06 12.16
Jul 2017 66853.72213125943 1.59 12.83
Aug 2017 68003.70415978138 1.72 13.71
Sep 2017 69163.4355506279 1.71 14.55
Oct 2017 70236.9564292096 1.55 15.05
Nov 2017 71354.16274751545 1.59 15.54
Dec 2017 72719.39426205178 1.91 16.74
Jan 2018 73885.55427344226 1.60 17.61
Feb 2018 75001.52834061503 1.51 18.40
Mar 2018 75938.27171148571 1.25 18.52
Apr 2018 76752.5860555604 1.07 18.81
May 2018 77734.17384831033 1.28 19.37
Jun 2018 78573.59774506859 1.08 19.40
Jul 2018 80014.72604233048 1.83 19.69
Aug 2018 81352.36504147729 1.67 19.63
Sep 2018 82715.06327359562 1.68 19.59
Oct 2018 83452.9434175039 0.89 18.82
Nov 2018 84125.35024915925 0.81 17.90
Dec 2018 84993.1321590306 1.03 16.88
Jan 2019 86482.04579706331 1.75 17.05
Feb 2019 88260.1641678898 2.06 17.68
Mar 2019 90034.8407022787 2.01 18.56
Apr 2019 91278.21481723657 1.38 18.93
May 2019 92262.71032704867 1.08 18.69
Jun 2019 93155.4551624366 0.97 18.56
Jul 2019 94353.06007112951 1.29 17.92
Aug 2019 95156.46180121046 0.85 16.97
Sep 2019 95439.80846496821 0.30 15.38
Oct 2019 95375.75289283863 -0.07 14.29
Nov 2019 95519.96620393806 0.15 13.55
Dec 2019 95861.99038898254 0.36 12.79
Jan 2020 96287.41552422852 0.44 11.34
Feb 2020 97045.99247164966 0.79 9.95
Mar 2020 97976.4193311716 0.96 8.82
Apr 2020 99107.99721764284 1.16 8.58
May 2020 99760.0248766018 0.66 8.13
Jun 2020 100026.57544489727 0.27 7.38
Jul 2020 100163.89076365535 0.14 6.16
Aug 2020 100618.39100079337 0.45 5.74
Sep 2020 101730.24114994817 1.11 6.59
Oct 2020 103278.04944699247 1.52 8.29
Nov 2020 105216.03086369233 1.88 10.15
Dec 2020 107165.8991702145 1.85 11.79
Jan 2021 109305.19278262247 2.00 13.52
Feb 2021 111683.20977705553 2.18 15.08
Mar 2021 114129.79870276917 2.19 16.49
Apr 2021 116336.04617126605 1.93 17.38
May 2021 118319.21492103428 1.71 18.60
Jun 2021 120175.68607281194 1.57 20.14
Jul 2021 121709.13481807262 1.28 21.51
Aug 2021 122643.02831014695 0.77 21.89
Sep 2021 123120.67452361307 0.39 21.03
Oct 2021 123440.28389065422 0.26 19.52
Nov 2021 123909.40285021935 0.38 17.77
Dec 2021 124747.47582048377 0.68 16.41
Jan 2022 126615.14041662567 1.50 15.84
Feb 2022 129508.01328954664 2.29 15.96
Mar 2022 132536.5069856922 2.34 16.13
Apr 2022 134807.4890184348 1.71 15.88
May 2022 136273.7904933839 1.09 15.18
Jun 2022 137495.53451484922 0.90 14.41
Jul 2022 138217.2302297311 0.53 13.56
Aug 2022 138166.9206430748 -0.04 12.66
Sep 2022 137645.67582324112 -0.38 11.80
Oct 2022 137228.58609232868 -0.30 11.17
Nov 2022 137006.57877402988 -0.16 10.57
Dec 2022 136821.5285520528 -0.13 9.68
Jan 2023 136700.9750631727 -0.09 7.97
Feb 2023 136699.46582949758 0.00 5.55
Mar 2023 136837.99801325586 0.10 3.25
Apr 2023 136963.06070431325 0.09 1.60
May 2023 137187.4342940033 0.16 0.67
Jun 2023 137601.23826254837 0.30 0.08
Jul 2023 138375.3597899331 0.56 0.11
Aug 2023 139376.5826962382 0.72 0.88
Sep 2023 140433.67571792263 0.76 2.03
Oct 2023 141571.12902397444 0.81 3.16
Nov 2023 142656.904334593 0.77 4.12
Dec 2023 143540.17124603083 0.62 4.91
Jan 2024 143975.7788281547 0.30 5.32
Feb 2024 144529.68326828934 0.39 5.73
Mar 2024 145520.78260616402 0.69 6.35
Apr 2024 147194.01809952874 1.15 7.47
May 2024 148715.14929750227 1.03 8.40
Jun 2024 149297.12692959324 0.39 8.50
Jul 2024 148898.687539184 -0.27 7.61
Aug 2024 148418.57444105743 -0.32 6.49
Sep 2024 148429.66561530504 0.01 5.69
Oct 2024 148799.90115093728 0.25 5.11
Nov 2024 149024.59772001326 0.15 4.46
Dec 2024 149300.71147560532 0.19 4.01
Jan 2025 149661.05747850772 0.24 3.95
Feb 2025 150316.32443314182 0.44 4.00
Mar 2025 150706.83467678414 0.26 3.56
Apr 2025 150859.1011591419 0.10 2.49
May 2025 150621.94918768824 -0.16 1.28
Jun 2025 150481.88342033865 -0.09 0.79
Jul 2025 150580.78521255904 0.07 1.13
Aug 2025 150679.46888458135 0.07 1.52
Sep 2025 150734.78002547938 0.04 1.55
Oct 2025 150723.7305159907 -0.01 1.29
Nov 2025 150823.87218249647 0.07 1.21
Dec 2025 151194.34461955095 0.25 1.27
Jan 2026 151115.83079004727 -0.05 0.97
Feb 2026 150943.51808098832 -0.11 0.42