Zip Code: 56338 (Hillman, 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 56338 Zip Code (Hillman, Minnesota) in January 2026 was $348,652.893. The month over month percentage change (MoM) was 0.41%, and the year over year percentage change (YoY) was 1.99%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 56338 zip code (Hillman, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 56338 zip code (Hillman, 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: 56338 (Hillman, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 56338 (Hillman, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 164213.17645512737 1.27 4.18
Feb 2015 166302.38638478506 1.27 5.37
Mar 2015 167975.6948525808 1.01 6.35
Apr 2015 169011.55044382316 0.62 7.03
May 2015 170058.6527752412 0.62 7.41
Jun 2015 171146.39185281424 0.64 8.00
Jul 2015 172065.28542440158 0.54 8.56
Aug 2015 172776.48843115952 0.41 9.03
Sep 2015 173800.81743461467 0.59 9.32
Oct 2015 174784.49371964773 0.57 9.43
Nov 2015 175531.98592170692 0.43 9.17
Dec 2015 175810.71131004495 0.16 8.43
Jan 2016 176637.9080104018 0.47 7.57
Feb 2016 177542.12185038906 0.51 6.76
Mar 2016 178378.714344366 0.47 6.19
Apr 2016 178829.40711631044 0.25 5.81
May 2016 178749.7989244607 -0.04 5.11
Jun 2016 178245.13473701818 -0.28 4.15
Jul 2016 177578.12297207917 -0.37 3.20
Aug 2016 177543.72485192446 -0.02 2.76
Sep 2016 178226.39048432084 0.39 2.55
Oct 2016 178950.35770918138 0.41 2.38
Nov 2016 179471.69072943064 0.29 2.24
Dec 2016 180404.8640457854 0.52 2.61
Jan 2017 181510.02168697552 0.61 2.76
Feb 2017 182835.38924063815 0.73 2.98
Mar 2017 183559.60677325775 0.40 2.90
Apr 2017 184342.7728177682 0.43 3.08
May 2017 184983.7967456918 0.35 3.49
Jun 2017 185308.0094832289 0.18 3.96
Jul 2017 185192.06903380912 -0.06 4.29
Aug 2017 184484.13550680745 -0.38 3.91
Sep 2017 183978.83478956608 -0.27 3.23
Oct 2017 183976.70114136327 0.00 2.81
Nov 2017 184582.23866434462 0.33 2.85
Dec 2017 185140.3113423496 0.30 2.63
Jan 2018 185226.28858854828 0.05 2.05
Feb 2018 185147.8752488627 -0.04 1.26
Mar 2018 185661.40719259274 0.28 1.15
Apr 2018 186606.56643899018 0.51 1.23
May 2018 187340.2472161073 0.39 1.27
Jun 2018 187892.63942702368 0.30 1.40
Jul 2018 188889.91105367438 0.53 2.00
Aug 2018 190607.93876818276 0.91 3.32
Sep 2018 192436.463909367 0.96 4.60
Oct 2018 193965.88431295476 0.80 5.43
Nov 2018 195352.67452855618 0.72 5.84
Dec 2018 195993.14417923536 0.33 5.86
Jan 2019 196240.4760103327 0.13 5.95
Feb 2019 196033.44733956037 -0.10 5.88
Mar 2019 196065.3200708354 0.02 5.60
Apr 2019 195991.56605204972 -0.04 5.03
May 2019 196043.33164203205 0.03 4.65
Jun 2019 196540.01725311702 0.25 4.60
Jul 2019 197328.16083446724 0.40 4.47
Aug 2019 197746.87623414156 0.21 3.75
Sep 2019 197361.74633152646 -0.19 2.56
Oct 2019 197353.59097442418 0.00 1.75
Nov 2019 198291.6435723248 0.48 1.50
Dec 2019 199594.72278897077 0.66 1.84
Jan 2020 200501.81088298073 0.45 2.17
Feb 2020 201486.42176588214 0.49 2.78
Mar 2020 203133.1367278561 0.82 3.61
Apr 2020 205030.34823833514 0.93 4.61
May 2020 206488.29114492144 0.71 5.33
Jun 2020 207376.17670557884 0.43 5.51
Jul 2020 207860.08804551305 0.23 5.34
Aug 2020 209024.579584277 0.56 5.70
Sep 2020 211733.390792693 1.30 7.28
Oct 2020 215682.24019118378 1.87 9.29
Nov 2020 220401.22843649876 2.19 11.15
Dec 2020 224973.78506836633 2.08 12.72
Jan 2021 229444.35253984036 1.99 14.44
Feb 2021 233806.31812726078 1.90 16.04
Mar 2021 237788.22796501833 1.70 17.06
Apr 2021 242048.87562254525 1.79 18.06
May 2021 246158.57410349362 1.70 19.21
Jun 2021 251086.1115125039 2.00 21.08
Jul 2021 254276.73305671735 1.27 22.33
Aug 2021 255336.42347025414 0.42 22.16
Sep 2021 254409.5384057186 -0.36 20.16
Oct 2021 254096.4325925318 -0.12 17.81
Nov 2021 255495.0810098988 0.55 15.92
Dec 2021 257949.01397864195 0.96 14.66
Jan 2022 263313.4520735986 2.08 14.76
Feb 2022 269507.0105462387 2.35 15.27
Mar 2022 276449.47084686253 2.58 16.26
Apr 2022 282890.9071427562 2.33 16.87
May 2022 288520.17972735077 1.99 17.21
Jun 2022 293077.7895338621 1.58 16.72
Jul 2022 293894.87623472186 0.28 15.58
Aug 2022 293222.0363507527 -0.23 14.84
Sep 2022 291358.4517754885 -0.64 14.52
Oct 2022 290852.7259519061 -0.17 14.47
Nov 2022 290769.02802332764 -0.03 13.81
Dec 2022 291019.33394511975 0.09 12.82
Jan 2023 291807.6269861651 0.27 10.82
Feb 2023 292948.16633749165 0.39 8.70
Mar 2023 295323.3109642475 0.81 6.83
Apr 2023 298489.50592997926 1.07 5.51
May 2023 302299.7188966497 1.28 4.78
Jun 2023 305946.2104950947 1.21 4.39
Jul 2023 309009.73136370257 1.00 5.14
Aug 2023 311608.60311638477 0.84 6.27
Sep 2023 314075.8083834888 0.79 7.80
Oct 2023 315410.573470771 0.43 8.44
Nov 2023 316835.91026837163 0.45 8.97
Dec 2023 317862.570927347 0.32 9.22
Jan 2024 318074.13362677366 0.07 9.00
Feb 2024 318172.3257357905 0.03 8.61
Mar 2024 318750.9477108477 0.18 7.93
Apr 2024 321181.88855808805 0.76 7.60
May 2024 323539.76205503003 0.73 7.03
Jun 2024 325749.932658096 0.68 6.47
Jul 2024 327057.33086620603 0.40 5.84
Aug 2024 329782.882673896 0.83 5.83
Sep 2024 332723.63827311905 0.89 5.94
Oct 2024 336416.45004472515 1.11 6.66
Nov 2024 338083.8349365089 0.50 6.71
Dec 2024 340297.4121051091 0.66 7.06
Jan 2025 341839.819774528 0.45 7.47
Feb 2025 343717.63769798586 0.55 8.03
Mar 2025 343185.7887299365 -0.15 7.67
Apr 2025 342045.7772233133 -0.33 6.50
May 2025 340710.09260225174 -0.39 5.31
Jun 2025 340097.09420096525 -0.18 4.40
Jul 2025 340466.0280872342 0.11 4.10
Aug 2025 340703.4424687584 0.07 3.31
Sep 2025 342007.98644823063 0.38 2.79
Oct 2025 343514.7235680541 0.44 2.11
Nov 2025 345317.1335180532 0.53 2.14
Dec 2025 347218.03066655435 0.55 2.03
Jan 2026 348652.8931518617 0.41 1.99