Zip Code: 38560 (Elmwood, Tennessee) - 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 38560 Zip Code (Elmwood, Tennessee) in February 2026 was $280,906.195. The month over month percentage change (MoM) was 0.84%, and the year over year percentage change (YoY) was 3.29%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 38560 zip code (Elmwood, Tennessee). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 38560 zip code (Elmwood, Tennessee).

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

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: 38560 (Elmwood, Tennessee) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 38560 (Elmwood, Tennessee) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 98686.909781384 0.53 4.69
Feb 2015 99862.7072699394 1.19 5.26
Mar 2015 101697.92722234891 1.84 7.46
Apr 2015 104028.62207429194 2.29 10.05
May 2015 105985.27184791828 1.88 12.47
Jun 2015 107492.29096956697 1.42 13.15
Jul 2015 109073.42626047398 1.47 13.59
Aug 2015 110569.28320374478 1.37 13.96
Sep 2015 112246.24718697993 1.52 15.21
Oct 2015 114073.53114757204 1.63 17.17
Nov 2015 115609.61588415102 1.35 18.43
Dec 2015 116782.33377110749 1.01 18.96
Jan 2016 117923.73948499328 0.98 19.49
Feb 2016 118173.50673877464 0.21 18.34
Mar 2016 118003.60218118898 -0.14 16.03
Apr 2016 117640.59213618348 -0.31 13.09
May 2016 117942.41111208685 0.26 11.28
Jun 2016 118669.7057005792 0.62 10.40
Jul 2016 119706.86448220396 0.87 9.75
Aug 2016 121285.15862290886 1.32 9.69
Sep 2016 122908.74378667364 1.34 9.50
Oct 2016 124258.07937776118 1.10 8.93
Nov 2016 125635.88673437697 1.11 8.67
Dec 2016 127176.51216778904 1.23 8.90
Jan 2017 128456.94853258065 1.01 8.93
Feb 2017 129386.87610783061 0.72 9.49
Mar 2017 130598.86618493313 0.94 10.67
Apr 2017 132418.21694811163 1.39 12.56
May 2017 134815.71070754097 1.81 14.31
Jun 2017 136451.7838809389 1.21 14.99
Jul 2017 137929.3680149906 1.08 15.22
Aug 2017 138802.8326393642 0.63 14.44
Sep 2017 140086.41844502953 0.93 13.98
Oct 2017 141352.63788428574 0.90 13.76
Nov 2017 142292.73945149008 0.67 13.26
Dec 2017 143222.8616941829 0.65 12.62
Jan 2018 144325.2346731611 0.77 12.35
Feb 2018 145683.89276047822 0.94 12.60
Mar 2018 147627.39774964124 1.33 13.04
Apr 2018 148984.82257981625 0.92 12.51
May 2018 150199.89281805445 0.82 11.41
Jun 2018 150249.38451695998 0.03 10.11
Jul 2018 151002.6085588632 0.50 9.48
Aug 2018 152211.60142306387 0.80 9.66
Sep 2018 153800.04670233058 1.04 9.79
Oct 2018 154501.5930390485 0.46 9.30
Nov 2018 154963.84136722423 0.30 8.90
Dec 2018 155180.89721876613 0.14 8.35
Jan 2019 156348.1097927109 0.75 8.33
Feb 2019 157933.0653742845 1.01 8.41
Mar 2019 159640.0626273023 1.08 8.14
Apr 2019 160662.37169800242 0.64 7.84
May 2019 161093.58535161582 0.27 7.25
Jun 2019 161747.25604591912 0.41 7.65
Jul 2019 162315.60001855937 0.35 7.49
Aug 2019 163622.37304217202 0.81 7.50
Sep 2019 165287.2422937013 1.02 7.47
Oct 2019 167549.25182510188 1.37 8.45
Nov 2019 169773.82664955323 1.33 9.56
Dec 2019 171328.7429117673 0.92 10.41
Jan 2020 172266.3242989933 0.55 10.18
Feb 2020 173085.17369575068 0.48 9.59
Mar 2020 174815.0365308999 1.00 9.51
Apr 2020 176902.87731769515 1.19 10.11
May 2020 178912.14508054793 1.14 11.06
Jun 2020 180288.1291228097 0.77 11.46
Jul 2020 181353.80095386333 0.59 11.73
Aug 2020 182999.13778199124 0.91 11.84
Sep 2020 185583.47221030705 1.41 12.28
Oct 2020 188938.9062042076 1.81 12.77
Nov 2020 192055.74422238985 1.65 13.12
Dec 2020 194944.83780086882 1.50 13.78
Jan 2021 198433.40244836753 1.79 15.19
Feb 2021 202400.27492854526 2.00 16.94
Mar 2021 206570.76504467602 2.06 18.17
Apr 2021 210793.16903155358 2.04 19.16
May 2021 215701.5928020546 2.33 20.56
Jun 2021 220742.0904515568 2.34 22.44
Jul 2021 224816.44252191306 1.85 23.97
Aug 2021 226896.70449660812 0.93 23.99
Sep 2021 227260.389965037 0.16 22.46
Oct 2021 227815.8535633254 0.24 20.58
Nov 2021 230274.90322420874 1.08 19.90
Dec 2021 233985.5149346626 1.61 20.03
Jan 2022 240135.7119758573 2.63 21.02
Feb 2022 247018.38128661178 2.87 22.04
Mar 2022 254007.18785598906 2.83 22.96
Apr 2022 258835.5725957075 1.90 22.79
May 2022 261142.17630269914 0.89 21.07
Jun 2022 262166.17868608487 0.39 18.77
Jul 2022 261181.13784007003 -0.38 16.18
Aug 2022 258687.42669131266 -0.95 14.01
Sep 2022 255039.71877354616 -1.41 12.22
Oct 2022 252026.52229652661 -1.18 10.63
Nov 2022 250470.48445817805 -0.62 8.77
Dec 2022 249420.8346169207 -0.42 6.60
Jan 2023 248718.56416636365 -0.28 3.57
Feb 2023 248308.1626491621 -0.16 0.52
Mar 2023 248633.7102970093 0.13 -2.12
Apr 2023 250219.1366297646 0.64 -3.33
May 2023 252153.127093441 0.77 -3.44
Jun 2023 254952.70284572904 1.11 -2.75
Jul 2023 256175.853765251 0.48 -1.92
Aug 2023 256011.20661057765 -0.06 -1.03
Sep 2023 255107.9332697998 -0.35 0.03
Oct 2023 253386.4579592395 -0.67 0.54
Nov 2023 252108.18899265848 -0.50 0.65
Dec 2023 251257.6795092538 -0.34 0.74
Jan 2024 251649.3676211758 0.16 1.18
Feb 2024 253445.98994514885 0.71 2.07
Mar 2024 255952.51843846348 0.99 2.94
Apr 2024 259143.95847184493 1.25 3.57
May 2024 262180.1574816072 1.17 3.98
Jun 2024 264876.56072380865 1.03 3.89
Jul 2024 266846.8533901982 0.74 4.17
Aug 2024 267360.441387435 0.19 4.43
Sep 2024 266671.2986378641 -0.26 4.53
Oct 2024 266139.92338622524 -0.20 5.03
Nov 2024 265803.79108831845 -0.13 5.43
Dec 2024 267371.8972417968 0.59 6.41
Jan 2025 269346.6964449852 0.74 7.03
Feb 2025 271948.48163810157 0.97 7.30
Mar 2025 272462.0895463295 0.19 6.45
Apr 2025 271698.9828485286 -0.28 4.85
May 2025 270542.65775144345 -0.43 3.19
Jun 2025 269231.592976018 -0.48 1.64
Jul 2025 268476.5746624199 -0.28 0.61
Aug 2025 268213.7729099579 -0.10 0.32
Sep 2025 269407.18237009365 0.45 1.03
Oct 2025 271017.65963802213 0.60 1.83
Nov 2025 273220.92193424 0.81 2.79
Dec 2025 275521.52701155725 0.84 3.05
Jan 2026 278574.87464734964 1.11 3.43
Feb 2026 280906.194964511 0.84 3.29