Zip Code: 95037 (Morgan Hill, California) - 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 95037 Zip Code (Morgan Hill, California) in February 2026 was $1,334,408.549. The month over month percentage change (MoM) was 0.05%, and the year over year percentage change (YoY) was -0.10%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 95037 zip code (Morgan Hill, California). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 95037 zip code (Morgan Hill, California).

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

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: 95037 (Morgan Hill, California) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 95037 (Morgan Hill, California) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 693444.192219299 1.07 8.79
Feb 2015 698172.4118851246 0.68 8.90
Mar 2015 700656.9167419923 0.36 9.06
Apr 2015 702003.0705620159 0.19 9.07
May 2015 703596.297299676 0.23 9.04
Jun 2015 706249.6339756945 0.38 9.23
Jul 2015 711235.2140361051 0.71 9.59
Aug 2015 717815.7411826573 0.93 9.93
Sep 2015 727074.5176031678 1.29 10.19
Oct 2015 736602.2603806243 1.31 10.33
Nov 2015 745609.2375334711 1.22 10.12
Dec 2015 753484.8713089563 1.06 9.82
Jan 2016 761287.7646825411 1.04 9.78
Feb 2016 768718.6748748122 0.98 10.10
Mar 2016 772203.6730946271 0.45 10.21
Apr 2016 773125.3039310519 0.12 10.13
May 2016 771923.2872782502 -0.15 9.71
Jun 2016 772127.9852797934 0.03 9.33
Jul 2016 770563.0700051775 -0.20 8.34
Aug 2016 766605.3611763358 -0.51 6.80
Sep 2016 760601.4920204477 -0.78 4.61
Oct 2016 756654.2294085417 -0.52 2.72
Nov 2016 755319.8669306673 -0.18 1.30
Dec 2016 756113.9586071844 0.11 0.35
Jan 2017 761356.2812993327 0.69 0.01
Feb 2017 771678.6233359253 1.36 0.39
Mar 2017 784671.000222497 1.68 1.62
Apr 2017 795057.7062495816 1.32 2.84
May 2017 802120.9882935736 0.89 3.91
Jun 2017 807688.8043835605 0.69 4.61
Jul 2017 808963.3970847434 0.16 4.98
Aug 2017 806625.6922636208 -0.29 5.22
Sep 2017 804549.1393894436 -0.26 5.78
Oct 2017 806790.6079968531 0.28 6.63
Nov 2017 811050.065032967 0.53 7.38
Dec 2017 817137.4100954329 0.75 8.07
Jan 2018 829166.5329054013 1.47 8.91
Feb 2018 850150.6414723018 2.53 10.17
Mar 2018 874859.7136039819 2.91 11.49
Apr 2018 897927.6444833135 2.64 12.94
May 2018 916092.7077732277 2.02 14.21
Jun 2018 928572.8798725257 1.36 14.97
Jul 2018 938090.6157351598 1.02 15.96
Aug 2018 946513.9296375391 0.90 17.34
Sep 2018 955173.5454260997 0.92 18.72
Oct 2018 962084.0099631274 0.72 19.25
Nov 2018 965358.0194245573 0.34 19.03
Dec 2018 966329.9733401324 0.10 18.26
Jan 2019 961931.367410976 -0.45 16.01
Feb 2019 954323.7619533461 -0.79 12.25
Mar 2019 944207.8325543621 -1.06 7.93
Apr 2019 935747.6128239911 -0.90 4.21
May 2019 930304.7003841406 -0.58 1.55
Jun 2019 925563.6371244555 -0.51 -0.32
Jul 2019 923491.4556527348 -0.22 -1.56
Aug 2019 922921.0102509327 -0.06 -2.49
Sep 2019 925806.6327224509 0.31 -3.07
Oct 2019 929473.9944509495 0.40 -3.39
Nov 2019 933311.8625162184 0.41 -3.32
Dec 2019 937036.8558627138 0.40 -3.03
Jan 2020 941086.3030809984 0.43 -2.17
Feb 2020 945714.3189156704 0.49 -0.90
Mar 2020 949202.4292079415 0.37 0.53
Apr 2020 948970.6384705276 -0.02 1.41
May 2020 943762.579046657 -0.55 1.45
Jun 2020 937322.2026839774 -0.68 1.27
Jul 2020 934262.6269120472 -0.33 1.17
Aug 2020 939030.9952801192 0.51 1.75
Sep 2020 952197.5760182323 1.40 2.85
Oct 2020 971112.3987721656 1.99 4.48
Nov 2020 994507.7726565554 2.41 6.56
Dec 2020 1018687.7966246954 2.43 8.71
Jan 2021 1038888.740365716 1.98 10.39
Feb 2021 1054409.0275225996 1.49 11.49
Mar 2021 1065873.319425476 1.09 12.29
Apr 2021 1081245.676750157 1.44 13.94
May 2021 1099861.3365166867 1.72 16.54
Jun 2021 1120726.6435794337 1.90 19.57
Jul 2021 1139331.7571549958 1.66 21.95
Aug 2021 1154704.4719366694 1.35 22.97
Sep 2021 1167125.003406694 1.08 22.57
Oct 2021 1178140.0722518882 0.94 21.32
Nov 2021 1190180.964821148 1.02 19.68
Dec 2021 1205837.5340927795 1.32 18.37
Jan 2022 1229732.2814527703 1.98 18.37
Feb 2022 1260796.469676925 2.53 19.57
Mar 2022 1296097.7579677047 2.80 21.60
Apr 2022 1328345.2162107236 2.49 22.85
May 2022 1351379.7762704007 1.73 22.87
Jun 2022 1359003.6417027514 0.56 21.26
Jul 2022 1349170.3664301408 -0.72 18.42
Aug 2022 1325704.078191493 -1.74 14.81
Sep 2022 1298784.4190227098 -2.03 11.28
Oct 2022 1277993.4396998074 -1.60 8.48
Nov 2022 1265367.6583935746 -0.99 6.32
Dec 2022 1257188.1269331845 -0.65 4.26
Jan 2023 1243784.4943188187 -1.07 1.14
Feb 2023 1228401.5052305695 -1.24 -2.57
Mar 2023 1215030.087929438 -1.09 -6.25
Apr 2023 1210602.1525944022 -0.36 -8.86
May 2023 1213376.5483772857 0.23 -10.21
Jun 2023 1221035.8556087918 0.63 -10.15
Jul 2023 1236085.9448885736 1.23 -8.38
Aug 2023 1253562.6861904263 1.41 -5.44
Sep 2023 1271000.2261453741 1.39 -2.14
Oct 2023 1283947.5436044226 1.02 0.47
Nov 2023 1292255.3107989754 0.65 2.13
Dec 2023 1296482.386609378 0.33 3.13
Jan 2024 1293152.9392682675 -0.26 3.97
Feb 2024 1289262.5059326065 -0.30 4.95
Mar 2024 1290028.284252398 0.06 6.17
Apr 2024 1299621.8411189083 0.74 7.35
May 2024 1311847.7160730984 0.94 8.12
Jun 2024 1321078.6587416138 0.70 8.19
Jul 2024 1324894.458617767 0.29 7.19
Aug 2024 1326912.7674531622 0.15 5.85
Sep 2024 1328471.121237613 0.12 4.52
Oct 2024 1331655.4365257556 0.24 3.72
Nov 2024 1336485.0541208333 0.36 3.42
Dec 2024 1341267.0308867693 0.36 3.45
Jan 2025 1340911.579737002 -0.03 3.69
Feb 2025 1335744.4441213813 -0.38 3.61
Mar 2025 1326630.8728116006 -0.68 2.84
Apr 2025 1318848.0717804008 -0.59 1.48
May 2025 1309562.9932623068 -0.70 -0.17
Jun 2025 1300836.5125351355 -0.67 -1.53
Jul 2025 1294769.0588836567 -0.47 -2.27
Aug 2025 1292175.1169934645 -0.20 -2.62
Sep 2025 1294588.3864783307 0.19 -2.55
Oct 2025 1301693.515129666 0.55 -2.25
Nov 2025 1313823.2870589255 0.93 -1.70
Dec 2025 1326292.5797145884 0.95 -1.12
Jan 2026 1333686.639094521 0.56 -0.54
Feb 2026 1334408.5490987047 0.05 -0.10