Ely (City), Minnesota - 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 Ely (City), Minnesota in February 2026 was $505,683.869. The month over month percentage change (MoM) was 0.85%, and the year over year percentage change (YoY) was 4.62%.

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

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

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.
Ely (City), MN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier ($)
Ely (City), MN - Trend of Zillow Home Value Index (ZHVI) for All Homes - Top Tier
1 – 10 of 134
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 295517.600664896 0.38 -1.66
Feb 2015 296729.01203956053 0.41 -1.55
Mar 2015 297469.2950722321 0.25 -1.37
Apr 2015 298109.8676209192 0.22 -1.16
May 2015 298401.65303850354 0.10 -1.09
Jun 2015 298373.1352967522 -0.01 -1.19
Jul 2015 297811.98268628604 -0.19 -1.15
Aug 2015 296253.9176725954 -0.52 -0.89
Sep 2015 294870.8460789929 -0.47 -0.36
Oct 2015 293761.1051023044 -0.38 -0.06
Nov 2015 293426.9749585168 -0.11 -0.07
Dec 2015 294119.5077057011 0.24 -0.09
Jan 2016 295294.3673183087 0.40 -0.08
Feb 2016 296618.65333219245 0.45 -0.04
Mar 2016 296502.0254917986 -0.04 -0.32
Apr 2016 295888.87611067604 -0.21 -0.74
May 2016 295039.57895601494 -0.29 -1.13
Jun 2016 295058.914283952 0.01 -1.11
Jul 2016 294897.1179725768 -0.05 -0.98
Aug 2016 294164.6370131481 -0.25 -0.70
Sep 2016 293292.41319317906 -0.30 -0.53
Oct 2016 292737.8682324439 -0.19 -0.35
Nov 2016 293212.5934549768 0.16 -0.07
Dec 2016 294129.097394608 0.31 0.00
Jan 2017 295638.8093415697 0.51 0.12
Feb 2017 296746.39623050956 0.38 0.04
Mar 2017 297331.7596050081 0.20 0.28
Apr 2017 298038.1118430926 0.24 0.73
May 2017 299234.72427680343 0.40 1.42
Jun 2017 301244.7614276515 0.67 2.10
Jul 2017 303715.8064445531 0.82 2.99
Aug 2017 305029.0660906622 0.43 3.69
Sep 2017 304824.1977141661 -0.07 3.93
Oct 2017 302835.1506961106 -0.65 3.45
Nov 2017 300965.59742761 -0.62 2.64
Dec 2017 299628.85619028495 -0.44 1.87
Jan 2018 298885.3884747764 -0.25 1.10
Feb 2018 298670.67882002564 -0.07 0.65
Mar 2018 299589.99526442727 0.31 0.76
Apr 2018 300882.6177530665 0.43 0.95
May 2018 302743.61448819726 0.62 1.17
Jun 2018 304091.3791557876 0.45 0.95
Jul 2018 305338.95843336877 0.41 0.53
Aug 2018 306134.6060305485 0.26 0.36
Sep 2018 307770.34276697686 0.53 0.97
Oct 2018 309287.9397720169 0.49 2.13
Nov 2018 310996.7279539501 0.55 3.33
Dec 2018 312007.1384036259 0.33 4.13
Jan 2019 313427.0977202177 0.46 4.87
Feb 2019 314341.00869649573 0.29 5.25
Mar 2019 315383.18187956105 0.33 5.27
Apr 2019 315919.16102662246 0.17 5.00
May 2019 316787.2857443648 0.28 4.64
Jun 2019 317921.28812469024 0.36 4.55
Jul 2019 319264.12985868653 0.42 4.56
Aug 2019 320067.06410103507 0.25 4.55
Sep 2019 319642.3596847689 -0.13 3.86
Oct 2019 319699.84496751585 0.02 3.37
Nov 2019 321096.95853472594 0.44 3.25
Dec 2019 322901.7387451644 0.56 3.49
Jan 2020 323922.74565012375 0.32 3.35
Feb 2020 324539.99401168624 0.19 3.25
Mar 2020 325618.3939803778 0.33 3.25
Apr 2020 327069.0531065199 0.45 3.53
May 2020 328271.834610238 0.37 3.63
Jun 2020 328983.31143679057 0.22 3.48
Jul 2020 329694.9951220244 0.22 3.27
Aug 2020 331119.48218678747 0.43 3.45
Sep 2020 334121.44577732217 0.91 4.53
Oct 2020 338153.8915940404 1.21 5.77
Nov 2020 343706.0879924701 1.64 7.04
Dec 2020 349530.69578118576 1.70 8.25
Jan 2021 355236.39909306954 1.63 9.67
Feb 2021 360515.0049330902 1.49 11.09
Mar 2021 364952.5330681811 1.23 12.08
Apr 2021 371011.86244549084 1.66 13.44
May 2021 378975.57587152574 2.15 15.45
Jun 2021 388895.917156992 2.62 18.21
Jul 2021 396858.23703684466 2.05 20.37
Aug 2021 401095.6092950199 1.07 21.13
Sep 2021 402622.0139233954 0.38 20.50
Oct 2021 404069.7842649434 0.36 19.49
Nov 2021 407630.9693316121 0.88 18.60
Dec 2021 412323.709239329 1.15 17.97
Jan 2022 419422.6560627471 1.72 18.07
Feb 2022 426661.41109678993 1.73 18.35
Mar 2022 433910.22711878346 1.70 18.90
Apr 2022 440142.35001977225 1.44 18.63
May 2022 445433.4151834887 1.20 17.54
Jun 2022 451131.86356404045 1.28 16.00
Jul 2022 453893.0145055223 0.61 14.37
Aug 2022 453976.1379244847 0.02 13.18
Sep 2022 451354.20495150116 -0.58 12.10
Oct 2022 450050.5379305584 -0.29 11.38
Nov 2022 449117.2680354041 -0.21 10.18
Dec 2022 448134.28814442205 -0.22 8.69
Jan 2023 444872.2917662331 -0.73 6.07
Feb 2023 442243.4398514841 -0.59 3.65
Mar 2023 440611.89130236505 -0.37 1.54
Apr 2023 441920.47015953413 0.30 0.40
May 2023 444282.8633319203 0.54 -0.26
Jun 2023 448100.3159229154 0.86 -0.67
Jul 2023 452299.2026527386 0.94 -0.35
Aug 2023 456993.42840798787 1.04 0.67
Sep 2023 460854.74743614526 0.85 2.11
Oct 2023 463257.086286668 0.52 2.93
Nov 2023 465000.522877214 0.38 3.54
Dec 2023 465959.0633712909 0.21 3.98
Jan 2024 465948.92729003035 0.00 4.74
Feb 2024 466042.2719176435 0.02 5.38
Mar 2024 468439.0778538661 0.51 6.32
Apr 2024 472025.1269146628 0.77 6.81
May 2024 476290.86190368584 0.90 7.20
Jun 2024 478590.4040031253 0.48 6.80
Jul 2024 481006.2867089853 0.51 6.35
Aug 2024 483116.01588230225 0.44 5.72
Sep 2024 485674.1257716483 0.53 5.39
Oct 2024 487772.8371699438 0.43 5.29
Nov 2024 487101.2541000435 -0.14 4.75
Dec 2024 486032.02918841504 -0.22 4.31
Jan 2025 483989.73579930095 -0.42 3.87
Feb 2025 483365.9120595393 -0.13 3.72
Mar 2025 482215.0529495824 -0.24 2.94
Apr 2025 481985.4817648486 -0.05 2.11
May 2025 481701.510903855 -0.06 1.14
Jun 2025 480800.51490949624 -0.19 0.46
Jul 2025 480773.9819811286 -0.01 -0.05
Aug 2025 480838.2615025767 0.01 -0.47
Sep 2025 483201.9957970115 0.49 -0.51
Oct 2025 487198.7576286751 0.83 -0.12
Nov 2025 492187.4171068677 1.02 1.04
Dec 2025 497306.7876838408 1.04 2.32
Jan 2026 501412.54537178087 0.83 3.60
Feb 2026 505683.8692042579 0.85 4.62