Zip Code: 48367 (Leonard, 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 48367 Zip Code (Leonard, Michigan) in January 2026 was $474,864.01. The month over month percentage change (MoM) was 0.56%, and the year over year percentage change (YoY) was 4.81%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 48367 zip code (Leonard, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 48367 zip code (Leonard, 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: 48367 (Leonard, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 48367 (Leonard, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 254959.93718800694 0.27 5.33
Feb 2015 256402.5276233326 0.57 4.92
Mar 2015 258019.1140791072 0.63 4.26
Apr 2015 259694.65885869053 0.65 3.63
May 2015 261684.31479869923 0.77 3.02
Jun 2015 263788.57613725343 0.80 2.79
Jul 2015 264772.12293620384 0.37 2.83
Aug 2015 265503.14383277023 0.28 3.17
Sep 2015 265747.663094587 0.09 3.50
Oct 2015 265401.03498077317 -0.13 3.67
Nov 2015 264937.18241108203 -0.17 3.89
Dec 2015 264361.343987885 -0.22 3.97
Jan 2016 265292.63016684144 0.35 4.05
Feb 2016 266425.2517775131 0.43 3.91
Mar 2016 267980.4262761027 0.58 3.86
Apr 2016 269812.7662711322 0.68 3.90
May 2016 271763.4567621109 0.72 3.85
Jun 2016 273976.26851359237 0.81 3.86
Jul 2016 275825.5833568307 0.68 4.18
Aug 2016 277390.83966243634 0.57 4.48
Sep 2016 278596.9945954219 0.44 4.84
Oct 2016 279216.7180446223 0.22 5.21
Nov 2016 280290.03540267766 0.38 5.80
Dec 2016 282122.2067982933 0.65 6.72
Jan 2017 284557.29685905954 0.86 7.26
Feb 2017 286840.86834280775 0.80 7.66
Mar 2017 289137.8497722658 0.80 7.90
Apr 2017 291708.3146697206 0.89 8.12
May 2017 294220.28271352855 0.86 8.26
Jun 2017 296145.30961216247 0.65 8.09
Jul 2017 297216.18491524685 0.36 7.76
Aug 2017 298597.46917594445 0.47 7.65
Sep 2017 300642.57143413415 0.69 7.91
Oct 2017 302710.21737484884 0.69 8.41
Nov 2017 304559.67074387585 0.61 8.66
Dec 2017 305760.68038293446 0.39 8.38
Jan 2018 307125.10587758437 0.45 7.93
Feb 2018 307825.2515352485 0.23 7.32
Mar 2018 308864.37048987026 0.34 6.82
Apr 2018 310082.4377711791 0.39 6.30
May 2018 311836.0628122168 0.57 5.99
Jun 2018 313410.8462240879 0.51 5.83
Jul 2018 315194.1895758533 0.57 6.05
Aug 2018 316506.10650324036 0.42 6.00
Sep 2018 317853.23125439434 0.43 5.73
Oct 2018 318166.999316515 0.10 5.11
Nov 2018 317961.0571815698 -0.06 4.40
Dec 2018 317041.43692726997 -0.29 3.69
Jan 2019 316696.21076089446 -0.11 3.12
Feb 2019 316936.02001784014 0.08 2.96
Mar 2019 318238.3715854127 0.41 3.04
Apr 2019 319555.142150514 0.41 3.06
May 2019 320825.52563148964 0.40 2.88
Jun 2019 321327.0933304389 0.16 2.53
Jul 2019 321710.8031337205 0.12 2.07
Aug 2019 322314.6727002689 0.19 1.84
Sep 2019 322714.1093410794 0.12 1.53
Oct 2019 322572.3005816938 -0.04 1.39
Nov 2019 322075.4920630739 -0.15 1.29
Dec 2019 321696.21396708064 -0.12 1.47
Jan 2020 321739.39682692307 0.01 1.59
Feb 2020 322598.83231519914 0.27 1.79
Mar 2020 324052.6970171158 0.45 1.83
Apr 2020 325803.1958446069 0.54 1.96
May 2020 326654.1991127038 0.26 1.82
Jun 2020 327601.1729318337 0.29 1.95
Jul 2020 328678.27073493536 0.33 2.17
Aug 2020 331255.2457966697 0.78 2.77
Sep 2020 335057.52434334334 1.15 3.83
Oct 2020 339688.33530258766 1.38 5.31
Nov 2020 344405.2819834055 1.39 6.93
Dec 2020 348658.6263779692 1.24 8.38
Jan 2021 352852.8039575327 1.20 9.67
Feb 2021 357893.0474361445 1.43 10.94
Mar 2021 363449.4317568159 1.55 12.16
Apr 2021 370374.4020335595 1.91 13.68
May 2021 376973.8424563233 1.78 15.41
Jun 2021 383067.9587236258 1.62 16.93
Jul 2021 386795.01149339793 0.97 17.68
Aug 2021 388245.73027449107 0.38 17.20
Sep 2021 388751.6484267831 0.13 16.02
Oct 2021 389084.3110690711 0.09 14.54
Nov 2021 390527.74044967553 0.37 13.39
Dec 2021 392274.83550204575 0.45 12.51
Jan 2022 395884.9467830428 0.92 12.20
Feb 2022 401325.54997895355 1.37 12.14
Mar 2022 408826.65082756843 1.87 12.49
Apr 2022 417331.3922050766 2.08 12.68
May 2022 424362.47605577175 1.69 12.57
Jun 2022 429646.24697231106 1.25 12.16
Jul 2022 431219.2258660449 0.37 11.49
Aug 2022 429966.0214240633 -0.29 10.75
Sep 2022 426401.22336553567 -0.83 9.69
Oct 2022 423411.0304695607 -0.70 8.82
Nov 2022 421642.4317481961 -0.42 7.97
Dec 2022 420529.6064110853 -0.26 7.20
Jan 2023 418758.84003941965 -0.42 5.78
Feb 2023 417515.8226677019 -0.30 4.03
Mar 2023 417637.87281189254 0.03 2.15
Apr 2023 419741.0125758112 0.50 0.58
May 2023 422843.4986525439 0.74 -0.36
Jun 2023 425881.50295481976 0.72 -0.88
Jul 2023 428004.48702978034 0.50 -0.74
Aug 2023 429146.0590826189 0.27 -0.19
Sep 2023 429761.2925534486 0.14 0.79
Oct 2023 429995.6402908434 0.06 1.56
Nov 2023 430378.214503703 0.09 2.07
Dec 2023 430896.8592449567 0.12 2.47
Jan 2024 431508.81582612306 0.14 3.05
Feb 2024 432955.18956406927 0.34 3.70
Mar 2024 435452.8579828117 0.58 4.27
Apr 2024 438272.0458966622 0.65 4.42
May 2024 440490.6669473827 0.51 4.17
Jun 2024 441270.59107771266 0.18 3.61
Jul 2024 441784.18244514725 0.12 3.22
Aug 2024 442539.1603690314 0.17 3.12
Sep 2024 444122.172559523 0.36 3.34
Oct 2024 446247.61133117555 0.48 3.78
Nov 2024 448211.0590293035 0.44 4.14
Dec 2024 450699.7392224408 0.56 4.60
Jan 2025 453056.233500945 0.52 4.99
Feb 2025 455236.52593815845 0.48 5.15
Mar 2025 456338.8087181486 0.24 4.80
Apr 2025 457248.9196464089 0.20 4.33
May 2025 458369.23127073125 0.25 4.06
Jun 2025 459978.78122251434 0.35 4.24
Jul 2025 462379.62944615324 0.52 4.66
Aug 2025 463956.81684011506 0.34 4.84
Sep 2025 465241.41277093906 0.28 4.76
Oct 2025 466747.98334032967 0.32 4.59
Nov 2025 469124.0022901804 0.51 4.67
Dec 2025 472234.8862779094 0.66 4.78
Jan 2026 474864.0103072783 0.56 4.81