Elwell (City), Michigan - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Top Tier Zillow home value index (ZHVI) for All Homes in Elwell (City), Michigan in February 2026 was $280,666.861. The month over month percentage change (MoM) was 1.30%, and the year over year percentage change (YoY) was 8.76%.

The chart below shows the trend of the top tier ZHVI for all homes in Elwell (City), MI. The table below shows the trend of the top tier ZHVI, and the MoM and YoY percentage changes for all homes in Elwell (City), MI.

You can see similar information for other Michigan cities, and for Michigan.

Note: The Top Tier Zillow Home Value Index (ZHVI) for all Homes 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 65th to 95th percentile range.

Data Source: Zillow.
Elwell (City), MI - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier ($)
Elwell (City), MI - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 164534.73881526935 0.06 1.12
Feb 2015 163954.18976592665 -0.35 0.53
Mar 2015 163869.22901528972 -0.05 0.09
Apr 2015 164357.45781939264 0.30 0.02
May 2015 165270.39461137683 0.56 0.74
Jun 2015 166720.6416288207 0.88 1.07
Jul 2015 168072.96273064415 0.81 1.22
Aug 2015 169824.027135283 1.04 1.73
Sep 2015 170647.31007183553 0.49 2.59
Oct 2015 171166.5839747688 0.30 3.76
Nov 2015 172170.60909956077 0.59 4.60
Dec 2015 173737.78802180008 0.91 5.66
Jan 2016 175830.66589049165 1.21 6.87
Feb 2016 177387.63303444613 0.89 8.19
Mar 2016 178689.66017087662 0.73 9.04
Apr 2016 179648.20143705656 0.54 9.30
May 2016 180891.40066946376 0.69 9.45
Jun 2016 182358.80754986146 0.81 9.38
Jul 2016 183749.015227961 0.76 9.33
Aug 2016 185135.78530025002 0.76 9.02
Sep 2016 186908.062652673 0.96 9.53
Oct 2016 189057.9824106105 1.15 10.45
Nov 2016 191727.24629150948 1.41 11.36
Dec 2016 194317.89576623263 1.35 11.85
Jan 2017 196242.33397879152 0.99 11.61
Feb 2017 197003.6870628247 0.39 11.06
Mar 2017 197447.57761797274 0.23 10.50
Apr 2017 197718.5069330556 0.14 10.06
May 2017 197447.4318765054 -0.14 9.15
Jun 2017 196864.58454126367 -0.29 7.96
Jul 2017 197406.43030056768 0.28 7.43
Aug 2017 198045.3257943422 0.32 6.97
Sep 2017 198270.23026858238 0.11 6.08
Oct 2017 198108.49556910023 -0.08 4.79
Nov 2017 199007.36431922938 0.45 3.80
Dec 2017 200099.6531187879 0.55 2.98
Jan 2018 200834.56595883003 0.37 2.34
Feb 2018 200291.44770524604 -0.27 1.67
Mar 2018 200750.17773929282 0.23 1.67
Apr 2018 200973.25310017774 0.11 1.65
May 2018 201839.88637022578 0.43 2.23
Jun 2018 202346.44868637086 0.25 2.79
Jul 2018 203342.38293600993 0.49 3.01
Aug 2018 203397.6882561055 0.03 2.70
Sep 2018 201882.402501651 -0.74 1.82
Oct 2018 198847.16970194396 -1.50 0.37
Nov 2018 196755.82128750064 -1.05 -1.13
Dec 2018 196617.32564777773 -0.07 -1.74
Jan 2019 197242.24692467772 0.32 -1.79
Feb 2019 197685.91690774003 0.23 -1.30
Mar 2019 197100.52988037502 -0.30 -1.82
Apr 2019 196307.563297641 -0.40 -2.32
May 2019 196793.8027796784 0.25 -2.50
Jun 2019 198249.53580883332 0.74 -2.02
Jul 2019 200626.40474565933 1.20 -1.34
Aug 2019 202103.0497385408 0.74 -0.64
Sep 2019 203494.0867528921 0.69 0.80
Oct 2019 205698.1956251976 1.08 3.45
Nov 2019 207785.75027747554 1.01 5.61
Dec 2019 208806.12165381227 0.49 6.20
Jan 2020 210030.68737643457 0.59 6.48
Feb 2020 212693.09118197477 1.27 7.59
Mar 2020 216335.1325002916 1.71 9.76
Apr 2020 218434.69709742526 0.97 11.27
May 2020 217799.12244124908 -0.29 10.67
Jun 2020 214803.81522584977 -1.37 8.35
Jul 2020 211393.5797444318 -1.59 5.37
Aug 2020 210222.4810105083 -0.55 4.02
Sep 2020 212813.4988391213 1.23 4.58
Oct 2020 217091.83411847078 2.01 5.54
Nov 2020 220819.38607683676 1.72 6.27
Dec 2020 223505.53890631712 1.22 7.04
Jan 2021 226318.4662681846 1.26 7.76
Feb 2021 230407.89168633285 1.81 8.33
Mar 2021 234102.85364939042 1.60 8.21
Apr 2021 237080.48346520192 1.27 8.54
May 2021 239596.91304824429 1.06 10.01
Jun 2021 243193.12975234864 1.50 13.22
Jul 2021 247259.50040825442 1.67 16.97
Aug 2021 250184.11857914997 1.18 19.01
Sep 2021 252437.88835915082 0.90 18.62
Oct 2021 254754.6795133633 0.92 17.35
Nov 2021 258609.80619199123 1.51 17.11
Dec 2021 261501.5904847195 1.12 17.00
Jan 2022 264476.17775792145 1.14 16.86
Feb 2022 266722.27642386785 0.85 15.76
Mar 2022 269247.0401367189 0.95 15.01
Apr 2022 272104.92240807036 1.06 14.77
May 2022 273278.81706092454 0.43 14.06
Jun 2022 273550.1175694636 0.10 12.48
Jul 2022 271337.2947024766 -0.81 9.74
Aug 2022 269633.6242257057 -0.63 7.77
Sep 2022 267907.37547575927 -0.64 6.13
Oct 2022 266384.13472030003 -0.57 4.57
Nov 2022 264015.7037881399 -0.89 2.09
Dec 2022 262455.3218196518 -0.59 0.37
Jan 2023 264933.3410665924 0.94 0.17
Feb 2023 268313.5305846413 1.28 0.60
Mar 2023 272647.38526173396 1.62 1.26
Apr 2023 275079.02350649616 0.89 1.09
May 2023 277218.06728553487 0.78 1.44
Jun 2023 276847.6759193961 -0.13 1.21
Jul 2023 274027.2217943988 -1.02 0.99
Aug 2023 271075.01862517075 -1.08 0.54
Sep 2023 268499.8637982199 -0.95 0.22
Oct 2023 266044.3960199955 -0.91 -0.13
Nov 2023 263767.56698481936 -0.86 -0.09
Dec 2023 260864.36545772562 -1.10 -0.61
Jan 2024 258838.24993433678 -0.78 -2.30
Feb 2024 258793.1816610023 -0.02 -3.55
Mar 2024 261650.38349712707 1.10 -4.03
Apr 2024 265744.4856842842 1.57 -3.39
May 2024 267431.0480120894 0.64 -3.53
Jun 2024 267850.5420284363 0.16 -3.25
Jul 2024 266277.3477057406 -0.59 -2.83
Aug 2024 264637.4885696142 -0.62 -2.37
Sep 2024 262332.6091731829 -0.87 -2.30
Oct 2024 261187.52398597615 -0.44 -1.83
Nov 2024 260663.91305125318 -0.20 -1.18
Dec 2024 259438.0201330064 -0.47 -0.55
Jan 2025 258225.06089391967 -0.47 -0.24
Feb 2025 258058.78875091393 -0.06 -0.28
Mar 2025 259074.0524472174 0.39 -0.98
Apr 2025 260072.62779924655 0.39 -2.13
May 2025 259559.3008449745 -0.20 -2.94
Jun 2025 258400.96805501636 -0.45 -3.53
Jul 2025 257886.0663039129 -0.20 -3.15
Aug 2025 258197.76984683715 0.12 -2.43
Sep 2025 260484.906493495 0.89 -0.70
Oct 2025 263301.19108385785 1.08 0.81
Nov 2025 267660.58374959946 1.66 2.68
Dec 2025 272660.4268382475 1.87 5.10
Jan 2026 277064.2832842911 1.62 7.30
Feb 2026 280666.86080126214 1.30 8.76