Zip Code: 48240 (Redford, Michigan) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)
Updated on February 21, 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 48240 Zip Code (Redford, Michigan) in January 2026 was $148,120.797. The month over month percentage change (MoM) was -0.05%, and the year over year percentage change (YoY) was 0.97%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 48240 zip code (Redford, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 48240 zip code (Redford, 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: 48240 (Redford, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 48240 (Redford, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 45803.77310815698 0.43 11.95
Feb 2015 46086.08609475966 0.62 10.69
Mar 2015 46636.31302510208 1.19 10.71
Apr 2015 47508.94866114104 1.87 11.40
May 2015 48694.99218660598 2.50 12.31
Jun 2015 49845.52678689393 2.36 13.15
Jul 2015 50836.48894831966 1.99 14.19
Aug 2015 51660.47060780463 1.62 15.23
Sep 2015 52269.593741325334 1.18 16.10
Oct 2015 52735.48135909417 0.89 16.59
Nov 2015 53121.524281184575 0.73 17.04
Dec 2015 53561.29379559771 0.83 17.43
Jan 2016 54240.545664939826 1.27 18.42
Feb 2016 54889.33511056765 1.20 19.10
Mar 2016 55604.29780249307 1.30 19.23
Apr 2016 56220.95374132937 1.11 18.34
May 2016 56895.88613401549 1.20 16.84
Jun 2016 57510.1824546078 1.08 15.38
Jul 2016 58076.09462882295 0.98 14.24
Aug 2016 58618.02987754075 0.93 13.47
Sep 2016 59180.43953448654 0.96 13.22
Oct 2016 59836.945970512 1.11 13.47
Nov 2016 60534.58214869162 1.17 13.96
Dec 2016 61055.91983795858 0.86 13.99
Jan 2017 61580.07517575414 0.86 13.53
Feb 2017 62088.52062849677 0.83 13.12
Mar 2017 62803.21049595277 1.15 12.95
Apr 2017 63319.22036802081 0.82 12.63
May 2017 63827.91733044741 0.80 12.18
Jun 2017 64502.300462080864 1.06 12.16
Jul 2017 65528.717581652774 1.59 12.83
Aug 2017 66655.90758945873 1.72 13.71
Sep 2017 67792.65373251044 1.71 14.55
Oct 2017 68844.89800893939 1.55 15.05
Nov 2017 69939.961903347 1.59 15.54
Dec 2017 71278.13526898212 1.91 16.74
Jan 2018 72421.18262080177 1.60 17.61
Feb 2018 73515.03868662611 1.51 18.40
Mar 2018 74433.21631143735 1.25 18.52
Apr 2018 75231.39138642854 1.07 18.81
May 2018 76193.52464097524 1.28 19.37
Jun 2018 77016.31161092083 1.08 19.40
Jul 2018 78428.87752617069 1.83 19.69
Aug 2018 79740.00524512102 1.67 19.63
Sep 2018 81075.69553662307 1.68 19.59
Oct 2018 81798.9512958812 0.89 18.82
Nov 2018 82458.03138846015 0.81 17.90
Dec 2018 83308.614331064 1.03 16.88
Jan 2019 84768.01850752189 1.75 17.05
Feb 2019 86510.89553566805 2.06 17.68
Mar 2019 88250.39894270991 2.01 18.56
Apr 2019 89469.1300564008 1.38 18.93
May 2019 90434.11339863297 1.08 18.69
Jun 2019 91309.1645150952 0.97 18.56
Jul 2019 92483.0335433904 1.29 17.92
Aug 2019 93270.51228648446 0.85 16.97
Sep 2019 93548.2431728909 0.30 15.38
Oct 2019 93485.45714749402 -0.07 14.29
Nov 2019 93626.81222890587 0.15 13.55
Dec 2019 93962.05767992012 0.36 12.79
Jan 2020 94379.05111949162 0.44 11.34
Feb 2020 95122.59348283103 0.79 9.95
Mar 2020 96034.57978612599 0.96 8.82
Apr 2020 97143.73041200485 1.16 8.58
May 2020 97782.83523604831 0.66 8.13
Jun 2020 98044.10291650402 0.27 7.38
Jul 2020 98178.69672004522 0.14 6.16
Aug 2020 98624.18900874288 0.45 5.74
Sep 2020 99714.00289036996 1.11 6.59
Oct 2020 101231.13446560845 1.52 8.29
Nov 2020 103130.70614067659 1.88 10.15
Dec 2020 105041.92911385138 1.85 11.79
Jan 2021 107138.82308598475 2.00 13.52
Feb 2021 109469.7090720578 2.18 15.08
Mar 2021 111867.8079308875 2.19 16.49
Apr 2021 114030.32876995935 1.93 17.38
May 2021 115974.19218963811 1.71 18.60
Jun 2021 117793.86908907052 1.57 20.14
Jul 2021 119296.9257110614 1.28 21.51
Aug 2021 120212.30994012988 0.77 21.89
Sep 2021 120680.48946444587 0.39 21.03
Oct 2021 120993.76434700469 0.26 19.52
Nov 2021 121453.58562297176 0.38 17.77
Dec 2021 122275.04844105465 0.68 16.41
Jan 2022 124105.69693684888 1.50 15.84
Feb 2022 126941.23463686014 2.29 15.96
Mar 2022 129909.70522886247 2.34 16.13
Apr 2022 132135.67762819154 1.71 15.88
May 2022 133572.9178023863 1.09 15.18
Jun 2022 134770.447519318 0.90 14.41
Jul 2022 135477.83961616384 0.53 13.56
Aug 2022 135428.5271382561 -0.04 12.66
Sep 2022 134917.61310832793 -0.38 11.80
Oct 2022 134508.78986989244 -0.30 11.17
Nov 2022 134291.18261635318 -0.16 10.57
Dec 2022 134109.79998951082 -0.13 9.68
Jan 2023 133991.63580546135 -0.09 7.97
Feb 2023 133990.15648397998 0.00 5.55
Mar 2023 134125.9430349164 0.10 3.25
Apr 2023 134248.5270511992 0.09 1.60
May 2023 134468.45367791282 0.16 0.67
Jun 2023 134874.0562760108 0.30 0.08
Jul 2023 135632.83513416126 0.56 0.11
Aug 2023 136614.21434495124 0.72 0.88
Sep 2023 137650.35635570553 0.76 2.03
Oct 2023 138765.26595353233 0.81 3.16
Nov 2023 139829.5217857949 0.77 4.12
Dec 2023 140695.28282562437 0.62 4.91
Jan 2024 141122.25690149373 0.30 5.32
Feb 2024 141665.1832557443 0.39 5.73
Mar 2024 142636.63954174498 0.69 6.35
Apr 2024 144276.71241423243 1.15 7.47
May 2024 145767.6956160495 1.03 8.40
Jun 2024 146338.13876680256 0.39 8.50
Jul 2024 145947.59622922668 -0.27 7.61
Aug 2024 145476.99871256753 -0.32 6.49
Sep 2024 145487.870065751 0.01 5.69
Oct 2024 145850.76773366999 0.25 5.11
Nov 2024 146071.01093849313 0.15 4.46
Dec 2024 146341.6522690547 0.19 4.01
Jan 2025 146694.85640942416 0.24 3.95
Feb 2025 147337.1363280576 0.44 4.00
Mar 2025 147719.90687025923 0.26 3.56
Apr 2025 147869.15551343848 0.10 2.49
May 2025 147636.7037655641 -0.16 1.28
Jun 2025 147499.41402583223 -0.09 0.79
Jul 2025 147596.35563811834 0.07 1.13
Aug 2025 147693.08345323047 0.07 1.52
Sep 2025 147747.29835728492 0.04 1.55
Oct 2025 147736.4678430874 -0.01 1.29
Nov 2025 147834.62475602233 0.07 1.21
Dec 2025 148197.7546301057 0.25 1.27
Jan 2026 148120.796902162 -0.05 0.97