Zip Code: 51038 (Merrill, Iowa) - 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 51038 Zip Code (Merrill, Iowa) in February 2026 was $264,781.408. The month over month percentage change (MoM) was 0.51%, and the year over year percentage change (YoY) was 2.59%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 51038 zip code (Merrill, Iowa). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 51038 zip code (Merrill, Iowa).

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

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: 51038 (Merrill, Iowa) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 51038 (Merrill, Iowa) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 137627.06315197493 Infinity Infinity
Feb 2015 138349.13007622142 0.53 Infinity
Mar 2015 139204.25528132377 0.62 Infinity
Apr 2015 140755.44560741048 1.11 Infinity
May 2015 141563.92963980266 0.57 Infinity
Jun 2015 141722.32640701273 0.11 Infinity
Jul 2015 141248.3755995695 -0.33 Infinity
Aug 2015 141286.18036933927 0.03 Infinity
Sep 2015 141850.45315367883 0.40 Infinity
Oct 2015 142523.30403640075 0.47 Infinity
Nov 2015 143085.1409454906 0.39 Infinity
Dec 2015 143111.85729306497 0.02 Infinity
Jan 2016 143494.42721520748 0.27 4.26
Feb 2016 144030.2416787724 0.37 4.11
Mar 2016 144391.25414142004 0.25 3.73
Apr 2016 144457.7036668789 0.05 2.63
May 2016 144337.3535596002 -0.08 1.96
Jun 2016 144741.99550186712 0.28 2.13
Jul 2016 145081.31526943212 0.23 2.71
Aug 2016 145713.78090956228 0.44 3.13
Sep 2016 146923.40198574006 0.83 3.58
Oct 2016 149078.3322550628 1.47 4.60
Nov 2016 151026.92639094964 1.31 5.55
Dec 2016 152170.68931633522 0.76 6.33
Jan 2017 152792.5622872284 0.41 6.48
Feb 2017 153280.7716300513 0.32 6.42
Mar 2017 153434.2681269655 0.10 6.26
Apr 2017 153567.73094337506 0.09 6.31
May 2017 153961.37635765728 0.26 6.67
Jun 2017 155120.9502860669 0.75 7.17
Jul 2017 156153.60881201507 0.67 7.63
Aug 2017 157048.6227706262 0.57 7.78
Sep 2017 157551.39726774735 0.32 7.23
Oct 2017 158210.1683603228 0.42 6.13
Nov 2017 158966.49278299467 0.48 5.26
Dec 2017 159350.0847158871 0.24 4.72
Jan 2018 159223.5109218224 -0.08 4.21
Feb 2018 158945.7119486264 -0.17 3.70
Mar 2018 158740.1432986074 -0.13 3.46
Apr 2018 158640.70953674984 -0.06 3.30
May 2018 158157.11571521012 -0.30 2.73
Jun 2018 157951.63019439398 -0.13 1.83
Jul 2018 158170.37883728696 0.14 1.29
Aug 2018 158642.23873758933 0.30 1.01
Sep 2018 159336.73504865248 0.44 1.13
Oct 2018 159951.84838297617 0.39 1.10
Nov 2018 161208.8528154009 0.79 1.41
Dec 2018 162312.34807711904 0.69 1.86
Jan 2019 163281.27466073926 0.60 2.55
Feb 2019 164017.43683273462 0.45 3.19
Mar 2019 164652.23925021148 0.39 3.72
Apr 2019 165173.73556521768 0.32 4.12
May 2019 165499.32113375588 0.20 4.64
Jun 2019 166307.16107819334 0.49 5.29
Jul 2019 167120.1431314768 0.49 5.66
Aug 2019 168301.08222854463 0.71 6.09
Sep 2019 169210.1293359823 0.54 6.20
Oct 2019 170843.10481058652 0.97 6.81
Nov 2019 172260.818312414 0.83 6.86
Dec 2019 173238.27101388146 0.57 6.73
Jan 2020 172995.5594745304 -0.14 5.95
Feb 2020 172378.35967836095 -0.36 5.10
Mar 2020 171734.11905788828 -0.37 4.30
Apr 2020 171494.68928801894 -0.14 3.83
May 2020 171550.86700002404 0.03 3.66
Jun 2020 172101.28364007873 0.32 3.48
Jul 2020 173184.5680798403 0.63 3.63
Aug 2020 175456.34855963857 1.31 4.25
Sep 2020 179060.96876827205 2.05 5.82
Oct 2020 182550.85962142234 1.95 6.85
Nov 2020 185363.51607801323 1.54 7.61
Dec 2020 187041.35053141997 0.91 7.97
Jan 2021 188264.05903174498 0.65 8.83
Feb 2021 189635.91350470224 0.73 10.01
Mar 2021 190735.08606916966 0.58 11.06
Apr 2021 192602.8498839267 0.98 12.31
May 2021 194742.42609625772 1.11 13.52
Jun 2021 197418.7777013759 1.37 14.71
Jul 2021 200267.7533175041 1.44 15.64
Aug 2021 202552.68591140406 1.14 15.44
Sep 2021 203910.19194044944 0.67 13.88
Oct 2021 204963.64861290404 0.52 12.28
Nov 2021 206493.17231380948 0.75 11.40
Dec 2021 208794.8775791819 1.12 11.63
Jan 2022 211775.44352538543 1.43 12.49
Feb 2022 214433.70852341122 1.25 13.08
Mar 2022 216925.7626469613 1.16 13.73
Apr 2022 219874.67950340259 1.36 14.16
May 2022 223629.3380227119 1.71 14.83
Jun 2022 228007.26616547882 1.96 15.49
Jul 2022 231073.96029493635 1.35 15.38
Aug 2022 232326.11168609335 0.54 14.70
Sep 2022 232219.63592993552 -0.05 13.88
Oct 2022 232260.8987270149 0.02 13.32
Nov 2022 233006.45628040077 0.32 12.84
Dec 2022 233849.00159602283 0.36 12.00
Jan 2023 234347.69269794106 0.21 10.66
Feb 2023 234383.3596849338 0.02 9.30
Mar 2023 234706.19032987274 0.14 8.20
Apr 2023 235097.81350234116 0.17 6.92
May 2023 235939.70319380375 0.36 5.51
Jun 2023 237193.10822979186 0.53 4.03
Jul 2023 238538.6002314159 0.57 3.23
Aug 2023 239486.69883216 0.40 3.08
Sep 2023 239958.12925416138 0.20 3.33
Oct 2023 240206.44276291752 0.10 3.42
Nov 2023 239947.34881659274 -0.11 2.98
Dec 2023 239247.66838312076 -0.29 2.31
Jan 2024 238734.12877033037 -0.21 1.87
Feb 2024 239265.05427190536 0.22 2.08
Mar 2024 240897.59375322843 0.68 2.64
Apr 2024 243128.04322855896 0.93 3.42
May 2024 245289.5301778807 0.89 3.96
Jun 2024 246622.226124217 0.54 3.98
Jul 2024 247068.4952555216 0.18 3.58
Aug 2024 247221.47580218734 0.06 3.23
Sep 2024 247857.04413394604 0.26 3.29
Oct 2024 248981.04997975775 0.45 3.65
Nov 2024 250682.45326545657 0.68 4.47
Dec 2024 253279.76680050217 1.04 5.87
Jan 2025 255733.75971350865 0.97 7.12
Feb 2025 258102.50544640244 0.93 7.87
Mar 2025 259199.2877164112 0.43 7.60
Apr 2025 259671.03151200557 0.18 6.80
May 2025 259454.4586034224 -0.08 5.78
Jun 2025 259626.8370601531 0.07 5.27
Jul 2025 260596.66895110268 0.37 5.48
Aug 2025 261507.8011573723 0.35 5.78
Sep 2025 261790.96538084428 0.11 5.62
Oct 2025 260951.29742354082 -0.32 4.81
Nov 2025 260674.6189399646 -0.11 3.99
Dec 2025 261553.416323898 0.34 3.27
Jan 2026 263441.3866633466 0.72 3.01
Feb 2026 264781.40847131447 0.51 2.59