Zip Code: 48806 (Ashley, 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 48806 Zip Code (Ashley, Michigan) in February 2026 was $184,962.625. The month over month percentage change (MoM) was 2.24%, and the year over year percentage change (YoY) was 14.09%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 48806 zip code (Ashley, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 48806 zip code (Ashley, 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: 48806 (Ashley, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 48806 (Ashley, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 110065.18891777775 Infinity Infinity
Mar 2017 110314.25567572762 0.23 Infinity
Apr 2017 110195.62766462895 -0.11 Infinity
May 2017 110787.13859314384 0.54 Infinity
Jun 2017 111634.0898485777 0.76 Infinity
Jul 2017 113658.3038254875 1.81 Infinity
Aug 2017 115137.44318623217 1.30 Infinity
Sep 2017 116731.88709421805 1.39 Infinity
Oct 2017 117837.46699759713 0.95 Infinity
Nov 2017 118989.27339394939 0.98 Infinity
Dec 2017 120164.13946881563 0.99 Infinity
Jan 2018 121155.14634983172 0.83 Infinity
Feb 2018 121657.5926269759 0.42 10.53
Mar 2018 121987.26596393739 0.27 10.58
Apr 2018 121945.74814321013 -0.03 10.66
May 2018 122751.58802048433 0.66 10.80
Jun 2018 124236.49137221243 1.21 11.29
Jul 2018 127183.6828325014 2.37 11.90
Aug 2018 129323.1001117481 1.68 12.32
Sep 2018 129731.06356737555 0.32 11.14
Oct 2018 127222.8644447681 -1.93 7.97
Nov 2018 124728.86565095843 -1.96 4.82
Dec 2018 123244.0099984877 -1.19 2.56
Jan 2019 122241.82220339515 -0.81 0.90
Feb 2019 120493.99022711645 -1.43 -0.96
Mar 2019 118139.27233047836 -1.95 -3.15
Apr 2019 116725.9883709884 -1.20 -4.28
May 2019 117365.42296044987 0.55 -4.39
Jun 2019 118749.4337724404 1.18 -4.42
Jul 2019 120349.6700573825 1.35 -5.37
Aug 2019 121056.89415368221 0.59 -6.39
Sep 2019 121206.90336103037 0.12 -6.57
Oct 2019 121897.45917768437 0.57 -4.19
Nov 2019 122045.986767249 0.12 -2.15
Dec 2019 121956.62361025294 -0.07 -1.04
Jan 2020 121766.89216885791 -0.16 -0.39
Feb 2020 123225.76621503638 1.20 2.27
Mar 2020 125299.72198723385 1.68 6.06
Apr 2020 128118.5941619565 2.25 9.76
May 2020 129818.74132195767 1.33 10.61
Jun 2020 130360.7559930383 0.42 9.78
Jul 2020 129790.38835065445 -0.44 7.84
Aug 2020 130043.01552131384 0.20 7.42
Sep 2020 133035.64954439565 2.30 9.76
Oct 2020 136603.74311184025 2.68 12.06
Nov 2020 139142.84310416205 1.86 14.01
Dec 2020 139939.54966670324 0.57 14.75
Jan 2021 140409.3617573653 0.34 15.31
Feb 2021 142306.4509290931 1.35 15.48
Mar 2021 145245.0778768293 2.07 15.92
Apr 2021 148186.9439151715 2.03 15.66
May 2021 151383.53578856055 2.16 16.61
Jun 2021 155023.62150101087 2.40 18.92
Jul 2021 158551.0248045988 2.28 22.16
Aug 2021 160873.8371665096 1.47 23.71
Sep 2021 162813.51459025397 1.21 22.38
Oct 2021 165173.22197321017 1.45 20.91
Nov 2021 168432.96187783373 1.97 21.05
Dec 2021 170565.48658463496 1.27 21.89
Jan 2022 172289.92831803602 1.01 22.71
Feb 2022 173066.74807980997 0.45 21.62
Mar 2022 173674.28462310703 0.35 19.57
Apr 2022 174390.37540812904 0.41 17.68
May 2022 174158.88045068053 -0.13 15.05
Jun 2022 173035.96945184364 -0.64 11.62
Jul 2022 170200.7745904486 -1.64 7.35
Aug 2022 167994.83124838452 -1.30 4.43
Sep 2022 166739.8644364114 -0.75 2.41
Oct 2022 166392.32032831098 -0.21 0.74
Nov 2022 165136.70020196095 -0.75 -1.96
Dec 2022 164592.1894452724 -0.33 -3.50
Jan 2023 166543.7998614155 1.19 -3.33
Feb 2023 169457.85442977955 1.75 -2.08
Mar 2023 172084.0688486169 1.55 -0.92
Apr 2023 173424.37855495652 0.78 -0.55
May 2023 174981.69099784768 0.90 0.47
Jun 2023 175269.7341348163 0.17 1.29
Jul 2023 174312.9007108031 -0.55 2.42
Aug 2023 172585.04992351148 -0.99 2.73
Sep 2023 170517.03691906252 -1.20 2.27
Oct 2023 167917.21686129362 -1.52 0.92
Nov 2023 165464.6543861157 -1.46 0.20
Dec 2023 163004.7338564577 -1.49 -0.96
Jan 2024 160736.2680724208 -1.39 -3.49
Feb 2024 160193.19596725644 -0.34 -5.47
Mar 2024 161721.54890690392 0.95 -6.02
Apr 2024 165033.3013440322 2.05 -4.84
May 2024 166340.78355787453 0.79 -4.94
Jun 2024 166928.1881831491 0.35 -4.76
Jul 2024 166126.85595952382 -0.48 -4.70
Aug 2024 165518.1141035501 -0.37 -4.09
Sep 2024 164621.56597090804 -0.54 -3.46
Oct 2024 164430.59276540336 -0.12 -2.08
Nov 2024 163502.82224810775 -0.56 -1.19
Dec 2024 162165.66477687145 -0.82 -0.51
Jan 2025 161127.14205255275 -0.64 0.24
Feb 2025 162122.94481740714 0.62 1.21
Mar 2025 164411.57903436315 1.41 1.66
Apr 2025 167259.85765159 1.73 1.35
May 2025 168448.37468824812 0.71 1.27
Jun 2025 168007.48116008207 -0.26 0.65
Jul 2025 166429.32800704162 -0.94 0.18
Aug 2025 165526.2147434356 -0.54 0.01
Sep 2025 166216.32757715028 0.42 0.97
Oct 2025 168016.1529522228 1.08 2.18
Nov 2025 171683.76179814106 2.18 5.00
Dec 2025 176363.6811301017 2.73 8.76
Jan 2026 180910.90723104755 2.58 12.28
Feb 2026 184962.6247635076 2.24 14.09