Zip Code: 48806 (Ashley, 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 48806 Zip Code (Ashley, Michigan) in January 2026 was $182,180.018. The month over month percentage change (MoM) was 2.58%, and the year over year percentage change (YoY) was 12.28%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 48806 zip code (Ashley, Michigan). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 48806 zip code (Ashley, 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: 48806 (Ashley, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 48806 (Ashley, Michigan) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 0 NaN NaN
Feb 2015 0 NaN NaN
Mar 2015 0 NaN NaN
Apr 2015 0 NaN NaN
May 2015 0 NaN NaN
Jun 2015 0 NaN NaN
Jul 2015 0 NaN NaN
Aug 2015 0 NaN NaN
Sep 2015 0 NaN NaN
Oct 2015 0 NaN NaN
Nov 2015 0 NaN NaN
Dec 2015 0 NaN NaN
Jan 2016 0 NaN NaN
Feb 2016 0 NaN NaN
Mar 2016 0 NaN NaN
Apr 2016 0 NaN NaN
May 2016 0 NaN NaN
Jun 2016 0 NaN NaN
Jul 2016 0 NaN NaN
Aug 2016 0 NaN NaN
Sep 2016 0 NaN NaN
Oct 2016 0 NaN NaN
Nov 2016 0 NaN NaN
Dec 2016 0 NaN NaN
Jan 2017 0 NaN NaN
Feb 2017 110837.30900354506 Infinity Infinity
Mar 2017 111088.12299373427 0.23 Infinity
Apr 2017 110968.66279335755 -0.11 Infinity
May 2017 111564.32323974768 0.54 Infinity
Jun 2017 112417.21595662287 0.76 Infinity
Jul 2017 114455.6300297196 1.81 Infinity
Aug 2017 115945.14572490123 1.30 Infinity
Sep 2017 117550.77484211714 1.39 Infinity
Oct 2017 118664.11051694595 0.95 Infinity
Nov 2017 119823.99696896598 0.98 Infinity
Dec 2017 121007.10486582345 0.99 Infinity
Jan 2018 122005.06377522826 0.83 Infinity
Feb 2018 122511.03477137229 0.42 10.53
Mar 2018 122843.02080508844 0.27 10.58
Apr 2018 122801.21173202591 -0.03 10.66
May 2018 123612.70466964801 0.66 10.80
Jun 2018 125108.02479087938 1.21 11.29
Jul 2018 128075.89114161702 2.37 11.90
Aug 2018 130230.31668159888 1.68 12.32
Sep 2018 130641.14204825783 0.32 11.14
Oct 2018 128115.34761744516 -1.93 7.97
Nov 2018 125603.85313238642 -1.96 4.82
Dec 2018 124108.58104502823 -1.19 2.56
Jan 2019 123099.36278613591 -0.81 0.90
Feb 2019 121339.2695655101 -1.43 -0.96
Mar 2019 118968.03304929583 -1.95 -3.15
Apr 2019 117544.83473865868 -1.20 -4.28
May 2019 118188.75503604389 0.55 -4.39
Jun 2019 119582.47484465149 1.18 -4.42
Jul 2019 121193.9369730208 1.35 -5.37
Aug 2019 121906.12232850939 0.59 -6.39
Sep 2019 122057.18386787262 0.12 -6.57
Oct 2019 122752.58401379752 0.57 -4.19
Nov 2019 122902.15354165639 0.12 -2.15
Dec 2019 122812.16349173331 -0.07 -1.04
Jan 2020 122621.10106223713 -0.16 -0.39
Feb 2020 124090.20927931681 1.20 2.27
Mar 2020 126178.71409217328 1.68 6.06
Apr 2020 129017.36098265043 2.25 9.76
May 2020 130729.4348724733 1.33 10.61
Jun 2020 131275.25183943368 0.42 9.78
Jul 2020 130700.88300178286 -0.44 7.84
Aug 2020 130955.28238139034 0.20 7.42
Sep 2020 133968.91007977762 2.30 9.76
Oct 2020 137562.0342380785 2.68 12.06
Nov 2020 140118.94631179605 1.86 14.01
Dec 2020 140921.2418634213 0.57 14.75
Jan 2021 141394.34974047414 0.34 15.31
Feb 2021 143304.74721311324 1.35 15.48
Mar 2021 146263.98897024774 2.07 15.92
Apr 2021 149226.49254058508 2.03 15.66
May 2021 152445.50887729184 2.16 16.61
Jun 2021 156111.1302138585 2.40 18.92
Jul 2021 159663.27866137508 2.28 22.16
Aug 2021 162002.3858218297 1.47 23.71
Sep 2021 163955.67030802052 1.21 22.38
Oct 2021 166331.93131237896 1.45 20.91
Nov 2021 169614.5386710948 1.97 21.05
Dec 2021 171762.02328643485 1.27 21.89
Jan 2022 173498.5621789121 1.01 22.71
Feb 2022 174280.8314215527 0.45 21.62
Mar 2022 174892.62990427428 0.35 19.57
Apr 2022 175613.7441493365 0.41 17.68
May 2022 175380.62522787033 -0.13 15.05
Jun 2022 174249.8368779358 -0.64 11.62
Jul 2022 171394.75279524317 -1.64 7.35
Aug 2022 169173.3345043854 -1.30 4.43
Sep 2022 167909.56395444545 -0.75 2.41
Oct 2022 167559.58178405493 -0.21 0.74
Nov 2022 166295.15333666187 -0.75 -1.96
Dec 2022 165746.82277376312 -0.33 -3.50
Jan 2023 167712.1239636805 1.19 -3.33
Feb 2023 170646.62096334712 1.75 -2.08
Mar 2023 173291.25858140175 1.55 -0.92
Apr 2023 174640.9707160258 0.78 -0.55
May 2023 176209.20788660602 0.90 0.47
Jun 2023 176499.2716796405 0.17 1.29
Jul 2023 175535.72595800913 -0.55 2.42
Aug 2023 173795.75409673224 -0.99 2.73
Sep 2023 171713.23374083033 -1.20 2.27
Oct 2023 169095.1756433531 -1.52 0.92
Nov 2023 166625.40815751467 -1.46 0.20
Dec 2023 164148.2309995892 -1.49 -0.96
Jan 2024 161863.85166456536 -1.39 -3.49
Feb 2024 161316.96984549836 -0.34 -5.47
Mar 2024 162856.04435855563 0.95 -6.02
Apr 2024 166191.02912373366 2.05 -4.84
May 2024 167507.68347718727 0.79 -4.94
Jun 2024 168099.20881414285 0.35 -4.76
Jul 2024 167292.25515188367 -0.48 -4.70
Aug 2024 166679.24290107694 -0.37 -4.09
Sep 2024 165776.40537913862 -0.54 -3.46
Oct 2024 165584.09247441334 -0.12 -2.08
Nov 2024 164649.81353916624 -0.56 -1.19
Dec 2024 163303.2757529409 -0.82 -0.51
Jan 2025 162257.46767107316 -0.64 0.24
Feb 2025 163260.2561079985 0.62 1.21
Mar 2025 165564.94535984122 1.41 1.66
Apr 2025 168433.20498243268 1.73 1.35
May 2025 169630.0596041647 0.71 1.27
Jun 2025 169186.0731566831 -0.26 0.65
Jul 2025 167596.849075951 -0.94 0.18
Aug 2025 166687.40036789232 -0.54 0.01
Sep 2025 167382.35442330115 0.42 0.97
Oct 2025 169194.80578245304 1.08 2.18
Nov 2025 172888.14333046606 2.18 5.00
Dec 2025 177600.89284017417 2.73 8.76
Jan 2026 182180.01826043785 2.58 12.28