Zip Code: 48223 (Detroit, Michigan) - 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 48223 Zip Code (Detroit, Michigan) in February 2026 was $84,952.846. The month over month percentage change (MoM) was 0.10%, and the year over year percentage change (YoY) was 3.19%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 48223 zip code (Detroit, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 48223 zip code (Detroit, Michigan).

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

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: 48223 (Detroit, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 48223 (Detroit, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 29789.0350382679 -0.30 13.73
Feb 2015 29870.483527106782 0.27 13.69
Mar 2015 30049.863876822248 0.60 13.85
Apr 2015 30079.869180817943 0.10 13.20
May 2015 30280.052167641737 0.67 11.91
Jun 2015 30581.03256353163 0.99 10.79
Jul 2015 31318.17094915404 2.41 10.21
Aug 2015 31917.677177201636 1.91 10.06
Sep 2015 32601.37612806202 2.14 10.49
Oct 2015 33129.92213295196 1.62 11.56
Nov 2015 33578.54508365065 1.35 12.51
Dec 2015 33673.38013460505 0.28 12.70
Jan 2016 33830.56571532034 0.47 13.57
Feb 2016 34248.18419559184 1.23 14.66
Mar 2016 34971.66237462492 2.11 16.38
Apr 2016 35652.46808481098 1.95 18.53
May 2016 36261.75224648578 1.71 19.76
Jun 2016 36882.52839604175 1.71 20.61
Jul 2016 37468.64396134763 1.59 19.64
Aug 2016 37849.09260070376 1.01 18.58
Sep 2016 38211.15656081692 0.96 17.21
Oct 2016 38664.17312684717 1.19 16.70
Nov 2016 38824.03320427493 0.41 15.62
Dec 2016 38679.5617490237 -0.37 14.87
Jan 2017 38335.82237219485 -0.89 13.32
Feb 2017 38526.830065384405 0.50 12.49
Mar 2017 38854.59636384198 0.85 11.10
Apr 2017 39111.7626145684 0.66 9.70
May 2017 39225.344819191785 0.29 8.17
Jun 2017 39666.317227748914 1.12 7.55
Jul 2017 40539.09158448004 2.20 8.20
Aug 2017 41588.845697611956 2.59 9.88
Sep 2017 42534.34029619453 2.27 11.31
Oct 2017 43100.420162117305 1.33 11.47
Nov 2017 43390.21816420668 0.67 11.76
Dec 2017 43762.05069213399 0.86 13.14
Jan 2018 44342.94317969435 1.33 15.67
Feb 2018 45082.370586964884 1.67 17.02
Mar 2018 46191.79553960098 2.46 18.88
Apr 2018 47303.95504437879 2.41 20.95
May 2018 48566.60131558621 2.67 23.81
Jun 2018 49519.845279188965 1.96 24.84
Jul 2018 50937.838653635175 2.86 25.65
Aug 2018 52013.994543687404 2.11 25.07
Sep 2018 53174.666962679206 2.23 25.02
Oct 2018 54053.88711036631 1.65 25.41
Nov 2018 55392.39734857405 2.48 27.66
Dec 2018 56431.53445600503 1.88 28.95
Jan 2019 57316.51040651201 1.57 29.26
Feb 2019 57826.96013561334 0.89 28.27
Mar 2019 58624.872385878254 1.38 26.92
Apr 2019 59448.61504322991 1.41 25.67
May 2019 60563.8821295171 1.88 24.70
Jun 2019 61699.83204881803 1.88 24.60
Jul 2019 62360.91699618876 1.07 22.43
Aug 2019 62558.069101932284 0.32 20.27
Sep 2019 62058.9916478297 -0.80 16.71
Oct 2019 61590.23657296283 -0.75 13.94
Nov 2019 61060.45854898734 -0.86 10.23
Dec 2019 61005.58256929035 -0.09 8.11
Jan 2020 61110.47846625544 0.17 6.62
Feb 2020 61548.65791678611 0.72 6.44
Mar 2020 62231.37878712537 1.11 6.15
Apr 2020 63398.69647085876 1.88 6.65
May 2020 64560.91286205052 1.83 6.60
Jun 2020 64808.769903779576 0.38 5.04
Jul 2020 64768.84997437647 -0.06 3.86
Aug 2020 64882.96919352053 0.18 3.72
Sep 2020 66075.4485335042 1.84 6.47
Oct 2020 68000.41795211736 2.91 10.41
Nov 2020 70145.11443889311 3.15 14.88
Dec 2020 72221.94082302997 2.96 18.39
Jan 2021 73829.8066638295 2.23 20.81
Feb 2021 75609.28101789182 2.41 22.85
Mar 2021 77594.77623916282 2.63 24.69
Apr 2021 79473.66142642853 2.42 25.36
May 2021 81246.04109150532 2.23 25.84
Jun 2021 83010.59440299521 2.17 28.09
Jul 2021 84449.4656874161 1.73 30.39
Aug 2021 85356.09902128774 1.07 31.55
Sep 2021 85288.39708799354 -0.08 29.08
Oct 2021 85006.67349652725 -0.33 25.01
Nov 2021 84631.7218834707 -0.44 20.65
Dec 2021 84582.32285403709 -0.06 17.11
Jan 2022 84992.10198317653 0.48 15.12
Feb 2022 86313.84357194118 1.56 14.16
Mar 2022 88385.15665434317 2.40 13.91
Apr 2022 90304.15108396555 2.17 13.63
May 2022 92175.16588294129 2.07 13.45
Jun 2022 93742.56807719456 1.70 12.93
Jul 2022 94591.77215753104 0.91 12.01
Aug 2022 93718.76422875944 -0.92 9.80
Sep 2022 91656.14774314627 -2.20 7.47
Oct 2022 89875.63721763184 -1.94 5.73
Nov 2022 88667.34882511107 -1.34 4.77
Dec 2022 87617.48735551482 -1.18 3.59
Jan 2023 86647.59563753485 -1.11 1.95
Feb 2023 86169.74843955785 -0.55 -0.17
Mar 2023 86120.92981122942 -0.06 -2.56
Apr 2023 86183.00253895542 0.07 -4.56
May 2023 85365.00935510115 -0.95 -7.39
Jun 2023 84129.27443422853 -1.45 -10.25
Jul 2023 83038.88408185086 -1.30 -12.21
Aug 2023 82597.34644532549 -0.53 -11.87
Sep 2023 82700.71492410515 0.13 -9.77
Oct 2023 82924.76059520348 0.27 -7.73
Nov 2023 83555.45158285556 0.76 -5.76
Dec 2023 83954.7682161111 0.48 -4.18
Jan 2024 84373.2025155724 0.50 -2.62
Feb 2024 84559.17957137576 0.22 -1.87
Mar 2024 85146.266646624 0.69 -1.13
Apr 2024 85736.93719223268 0.69 -0.52
May 2024 85920.22998169296 0.21 0.65
Jun 2024 85823.95517820287 -0.11 2.01
Jul 2024 85589.08945557104 -0.27 3.07
Aug 2024 85962.29435471166 0.44 4.07
Sep 2024 86024.5316876964 0.07 4.02
Oct 2024 85857.04147258135 -0.19 3.54
Nov 2024 84886.71991471281 -1.13 1.59
Dec 2024 83864.04771467722 -1.20 -0.11
Jan 2025 82863.37224984953 -1.19 -1.79
Feb 2025 82328.9100431264 -0.64 -2.64
Mar 2025 82591.78435647157 0.32 -3.00
Apr 2025 83336.89717324621 0.90 -2.80
May 2025 84426.9297607864 1.31 -1.74
Jun 2025 85120.10955099079 0.82 -0.82
Jul 2025 85690.72105895625 0.67 0.12
Aug 2025 85906.90478197666 0.25 -0.06
Sep 2025 85982.87936127135 0.09 -0.05
Oct 2025 85556.77330282702 -0.50 -0.35
Nov 2025 85180.43471121989 -0.44 0.35
Dec 2025 84927.98344694915 -0.30 1.27
Jan 2026 84871.96565272835 -0.07 2.42
Feb 2026 84952.8462373581 0.10 3.19