Zip Code: 55731 (Ely, Minnesota) - 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 55731 Zip Code (Ely, Minnesota) in February 2026 was $267,145.029. The month over month percentage change (MoM) was 0.65%, and the year over year percentage change (YoY) was 4.95%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 55731 zip code (Ely, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 55731 zip code (Ely, Minnesota).

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

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: 55731 (Ely, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 55731 (Ely, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 154632.6099319654 0.32 1.14
Feb 2015 154655.0760663939 0.02 0.83
Mar 2015 154350.54896391017 -0.20 0.56
Apr 2015 154417.9429299053 0.04 0.42
May 2015 154604.73627899028 0.12 0.25
Jun 2015 154583.04866831607 -0.01 -0.34
Jul 2015 153939.97435212464 -0.42 -0.76
Aug 2015 153038.03288980544 -0.59 -0.61
Sep 2015 152013.53172890042 -0.67 -0.43
Oct 2015 151549.39123759116 -0.30 -0.47
Nov 2015 151233.2081792527 -0.21 -1.17
Dec 2015 151434.0039044366 0.13 -1.76
Jan 2016 151320.59892860035 -0.07 -2.14
Feb 2016 150708.7249517025 -0.40 -2.55
Mar 2016 149310.414612117 -0.93 -3.26
Apr 2016 148288.07846995126 -0.68 -3.97
May 2016 147601.22197683016 -0.46 -4.53
Jun 2016 148048.32453219453 0.30 -4.23
Jul 2016 148316.45502663462 0.18 -3.65
Aug 2016 148933.48269945374 0.42 -2.68
Sep 2016 149447.0760915031 0.35 -1.69
Oct 2016 150243.93343986932 0.53 -0.86
Nov 2016 150831.24727453545 0.39 -0.27
Dec 2016 150910.89244275735 0.05 -0.34
Jan 2017 150702.315491624 -0.14 -0.41
Feb 2017 150253.34176269834 -0.30 -0.30
Mar 2017 149708.32390878545 -0.36 0.27
Apr 2017 149694.42370780613 -0.01 0.95
May 2017 150145.2113642078 0.30 1.72
Jun 2017 151346.32252637396 0.80 2.23
Jul 2017 152692.70307999905 0.89 2.95
Aug 2017 153867.31155741107 0.77 3.31
Sep 2017 154553.63319317147 0.45 3.42
Oct 2017 154793.34212413276 0.16 3.03
Nov 2017 154728.57761667014 -0.04 2.58
Dec 2017 154537.24018243662 -0.12 2.40
Jan 2018 154026.31201842372 -0.33 2.21
Feb 2018 153682.14947698775 -0.22 2.28
Mar 2018 153827.61320093437 0.10 2.75
Apr 2018 154456.55683478448 0.41 3.18
May 2018 155378.05865109432 0.60 3.49
Jun 2018 156093.5801871987 0.46 3.14
Jul 2018 156566.5397592934 0.30 2.54
Aug 2018 156707.37778530925 0.09 1.85
Sep 2018 157430.05545941924 0.46 1.86
Oct 2018 158454.4708342271 0.65 2.37
Nov 2018 159980.07574213741 0.96 3.39
Dec 2018 160837.9699392796 0.54 4.08
Jan 2019 161780.16198146634 0.59 5.03
Feb 2019 162751.29871497533 0.60 5.90
Mar 2019 164044.11258924988 0.79 6.64
Apr 2019 165125.92907324902 0.66 6.91
May 2019 165747.24870830923 0.38 6.67
Jun 2019 166132.30366485336 0.23 6.43
Jul 2019 166126.03868021723 0.00 6.11
Aug 2019 165956.3580511117 -0.10 5.90
Sep 2019 165518.28318188342 -0.26 5.14
Oct 2019 165807.8784865367 0.18 4.64
Nov 2019 166734.38867551865 0.56 4.22
Dec 2019 167986.88818290108 0.75 4.45
Jan 2020 168825.27133859057 0.50 4.36
Feb 2020 169083.84262501504 0.15 3.89
Mar 2020 169219.89445423183 0.08 3.16
Apr 2020 169362.33028238374 0.08 2.57
May 2020 169693.94106833858 0.20 2.38
Jun 2020 169875.30618116906 0.11 2.25
Jul 2020 170282.668963674 0.24 2.50
Aug 2020 171288.642813689 0.59 3.21
Sep 2020 173593.50412026214 1.35 4.88
Oct 2020 176717.81859343965 1.80 6.58
Nov 2020 180470.50824655997 2.12 8.24
Dec 2020 183664.0097664244 1.77 9.33
Jan 2021 186289.08588081438 1.43 10.34
Feb 2021 188302.6658360475 1.08 11.37
Mar 2021 190081.14924008204 0.94 12.33
Apr 2021 192413.3453432425 1.23 13.61
May 2021 195682.71053013147 1.70 15.32
Jun 2021 200151.81509187547 2.28 17.82
Jul 2021 203978.95100261562 1.91 19.79
Aug 2021 206405.43476421162 1.19 20.50
Sep 2021 207335.71306686665 0.45 19.44
Oct 2021 208353.46944417353 0.49 17.90
Nov 2021 210329.1798396582 0.95 16.55
Dec 2021 213334.54833974922 1.43 16.16
Jan 2022 217572.83717989826 1.99 16.79
Feb 2022 221902.2523558721 1.99 17.84
Mar 2022 226001.74683314553 1.85 18.90
Apr 2022 229453.34446327874 1.53 19.25
May 2022 232472.87453736205 1.32 18.80
Jun 2022 235615.6944569923 1.35 17.72
Jul 2022 237390.54256602246 0.75 16.38
Aug 2022 237561.24699200797 0.07 15.09
Sep 2022 236071.4914064769 -0.63 13.86
Oct 2022 235489.5302269108 -0.25 13.02
Nov 2022 235636.17674555653 0.06 12.03
Dec 2022 236297.8801031854 0.28 10.76
Jan 2023 236108.5169085615 -0.08 8.52
Feb 2023 236518.55291331673 0.17 6.59
Mar 2023 237336.59294293378 0.35 5.01
Apr 2023 238998.21738033043 0.70 4.16
May 2023 240820.16775017374 0.76 3.59
Jun 2023 242824.60263208344 0.83 3.06
Jul 2023 244722.30832418674 0.78 3.09
Aug 2023 245753.87159723983 0.42 3.45
Sep 2023 246276.09001081344 0.21 4.32
Oct 2023 246526.76665576515 0.10 4.69
Nov 2023 247358.86616997552 0.34 4.97
Dec 2023 247958.03497812068 0.24 4.93
Jan 2024 248174.31364777335 0.09 5.11
Feb 2024 248605.12460259488 0.17 5.11
Mar 2024 250138.50672645916 0.62 5.39
Apr 2024 251999.94859386326 0.74 5.44
May 2024 253772.80212979869 0.70 5.38
Jun 2024 254990.42479732106 0.48 5.01
Jul 2024 256073.46189564312 0.43 4.64
Aug 2024 256854.9965604127 0.31 4.52
Sep 2024 257123.44962392942 0.11 4.41
Oct 2024 257237.971799704 0.05 4.35
Nov 2024 256389.9635290772 -0.33 3.65
Dec 2024 255831.89349883844 -0.22 3.18
Jan 2025 254816.7401515321 -0.40 2.68
Feb 2025 254539.13477413132 -0.11 2.39
Mar 2025 253857.1694571277 -0.27 1.49
Apr 2025 253595.7238310793 -0.10 0.63
May 2025 253547.95546288183 -0.02 -0.09
Jun 2025 253778.2671419033 0.09 -0.47
Jul 2025 255020.33718004022 0.49 -0.41
Aug 2025 256475.20284856568 0.57 -0.15
Sep 2025 258489.94752945114 0.79 0.53
Oct 2025 260368.93044776897 0.73 1.22
Nov 2025 262071.66754631652 0.65 2.22
Dec 2025 263824.13900739484 0.67 3.12
Jan 2026 265410.99819680746 0.60 4.16
Feb 2026 267145.0294766075 0.65 4.95