Zip Code: 55940 (Hayfield, Minnesota) - 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 55940 Zip Code (Hayfield, Minnesota) in January 2026 was $304,649.287. The month over month percentage change (MoM) was 0.81%, and the year over year percentage change (YoY) was 8.19%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 55940 zip code (Hayfield, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 55940 zip code (Hayfield, Minnesota).

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

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: 55940 (Hayfield, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 55940 (Hayfield, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 139576.36429946907 -0.06 0.42
Feb 2015 139643.25050618907 0.05 -0.02
Mar 2015 139768.74732444182 0.09 -0.36
Apr 2015 139996.04415806461 0.16 -0.56
May 2015 140558.84959846354 0.40 -0.46
Jun 2015 141212.6407790057 0.47 -0.34
Jul 2015 141983.21903100322 0.55 -0.11
Aug 2015 142765.25054813197 0.55 0.46
Sep 2015 142992.5546568489 0.16 0.95
Oct 2015 142936.74846685238 -0.04 1.48
Nov 2015 142425.14576986118 -0.36 1.69
Dec 2015 142517.53170849106 0.07 2.04
Jan 2016 143083.5563984211 0.40 2.51
Feb 2016 144098.75063145996 0.71 3.19
Mar 2016 144596.77351527833 0.35 3.45
Apr 2016 144763.98022405486 0.12 3.41
May 2016 144640.65631988813 -0.08 2.90
Jun 2016 144975.87547065772 0.23 2.67
Jul 2016 145881.5843939474 0.63 2.75
Aug 2016 147300.0530204254 0.97 3.18
Sep 2016 149023.8769189714 1.17 4.22
Oct 2016 150832.9379324186 1.21 5.52
Nov 2016 152649.89103387712 1.21 7.18
Dec 2016 154462.31368904043 1.19 8.38
Jan 2017 156200.7096724317 1.13 9.17
Feb 2017 157838.34578164245 1.05 9.54
Mar 2017 159617.63248589085 1.13 10.39
Apr 2017 161386.84821760948 1.11 11.48
May 2017 163184.86954711482 1.11 12.82
Jun 2017 164461.52910553396 0.78 13.44
Jul 2017 165445.96490309623 0.60 13.41
Aug 2017 166137.70988644197 0.42 12.79
Sep 2017 166982.97008801816 0.51 12.05
Oct 2017 167987.07610518002 0.60 11.37
Nov 2017 169406.46831413638 0.85 10.98
Dec 2017 171229.2913301152 1.08 10.86
Jan 2018 173166.52269790915 1.13 10.86
Feb 2018 174738.59798964835 0.91 10.71
Mar 2018 176117.5872795675 0.79 10.34
Apr 2018 177813.6139697597 0.96 10.18
May 2018 180023.71329493588 1.24 10.32
Jun 2018 182207.1752155593 1.21 10.79
Jul 2018 183807.87891669013 0.88 11.10
Aug 2018 184991.8399474606 0.64 11.35
Sep 2018 185932.37020885976 0.51 11.35
Oct 2018 186600.79620074588 0.36 11.08
Nov 2018 187286.06445615823 0.37 10.55
Dec 2018 187910.53027976627 0.33 9.74
Jan 2019 188978.72181949182 0.57 9.13
Feb 2019 190480.03389701442 0.79 9.01
Mar 2019 192359.15164365747 0.99 9.22
Apr 2019 193816.3312549882 0.76 9.00
May 2019 194394.58068427918 0.30 7.98
Jun 2019 194657.1178777547 0.14 6.83
Jul 2019 194846.4265197577 0.10 6.01
Aug 2019 195197.75862188629 0.18 5.52
Sep 2019 195247.26012504598 0.03 5.01
Oct 2019 195656.84004885182 0.21 4.85
Nov 2019 196564.2244373161 0.46 4.95
Dec 2019 197822.40498647734 0.64 5.28
Jan 2020 199531.7770898594 0.86 5.58
Feb 2020 201024.5232551808 0.75 5.54
Mar 2020 202563.77430004036 0.77 5.31
Apr 2020 203690.95037859795 0.56 5.10
May 2020 204249.6072287856 0.27 5.07
Jun 2020 204217.1110412879 -0.02 4.91
Jul 2020 204128.4691962245 -0.04 4.76
Aug 2020 205074.32173402267 0.46 5.06
Sep 2020 207591.8518863096 1.23 6.32
Oct 2020 211310.57265853183 1.79 8.00
Nov 2020 215632.21271658674 2.05 9.70
Dec 2020 220040.2015197122 2.04 11.23
Jan 2021 223557.93693863484 1.60 12.04
Feb 2021 226599.35858365902 1.36 12.72
Mar 2021 229260.66816747675 1.17 13.18
Apr 2021 232382.76024149885 1.36 14.09
May 2021 236000.80751241956 1.56 15.55
Jun 2021 240001.56470683194 1.70 17.52
Jul 2021 244069.82466849624 1.70 19.57
Aug 2021 247267.5132878906 1.31 20.58
Sep 2021 248933.2095959623 0.67 19.92
Oct 2021 250026.1747872856 0.44 18.32
Nov 2021 251618.33297253717 0.64 16.69
Dec 2021 253610.10453221167 0.79 15.26
Jan 2022 256358.39163998992 1.08 14.67
Feb 2022 259643.13517998662 1.28 14.58
Mar 2022 263626.40376953175 1.53 14.99
Apr 2022 267275.53584944905 1.38 15.02
May 2022 269462.9255434662 0.82 14.18
Jun 2022 271245.6162774565 0.66 13.02
Jul 2022 271697.22420645127 0.17 11.32
Aug 2022 270996.7091879209 -0.26 9.60
Sep 2022 269203.55564609665 -0.66 8.14
Oct 2022 268455.0691958676 -0.28 7.37
Nov 2022 268752.0866466688 0.11 6.81
Dec 2022 269127.91295629804 0.14 6.12
Jan 2023 268525.64625301625 -0.22 4.75
Feb 2023 267695.796284349 -0.31 3.10
Mar 2023 267847.6377910485 0.06 1.60
Apr 2023 268953.62480275374 0.41 0.63
May 2023 270803.24894543143 0.69 0.50
Jun 2023 272101.1733120763 0.48 0.32
Jul 2023 272538.0348415896 0.16 0.31
Aug 2023 272348.2079535029 -0.07 0.50
Sep 2023 272321.1080708423 -0.01 1.16
Oct 2023 272289.27656181506 -0.01 1.43
Nov 2023 272270.878940039 -0.01 1.31
Dec 2023 271478.09423072316 -0.29 0.87
Jan 2024 270616.36315440555 -0.32 0.78
Feb 2024 270565.3771091241 -0.02 1.07
Mar 2024 272189.093566347 0.60 1.62
Apr 2024 274610.20676415035 0.89 2.10
May 2024 276449.2655906693 0.67 2.09
Jun 2024 277430.4006637288 0.36 1.96
Jul 2024 277959.9551772948 0.19 1.99
Aug 2024 278612.1692734315 0.24 2.30
Sep 2024 279086.23457432864 0.17 2.48
Oct 2024 279798.0919899644 0.26 2.76
Nov 2024 279940.99350917526 0.05 2.82
Dec 2024 280791.4059177342 0.30 3.43
Jan 2025 281584.9039521459 0.28 4.05
Feb 2025 282852.8851155497 0.45 4.54
Mar 2025 283495.0616379326 0.23 4.15
Apr 2025 284602.25994144054 0.39 3.64
May 2025 286240.0742981981 0.57 3.54
Jun 2025 288510.44825453404 0.79 3.99
Jul 2025 290867.3613476807 0.82 4.64
Aug 2025 292847.47777866584 0.68 5.11
Sep 2025 294729.38513330376 0.64 5.61
Oct 2025 296913.8182730935 0.74 6.12
Nov 2025 299516.84458993137 0.88 6.99
Dec 2025 302192.1283857602 0.89 7.62
Jan 2026 304649.28747326176 0.81 8.19