Zip Code: 56572 (Pelican Rapids, 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 56572 Zip Code (Pelican Rapids, Minnesota) in January 2026 was $369,302.795. The month over month percentage change (MoM) was 0.59%, and the year over year percentage change (YoY) was 4.25%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 56572 zip code (Pelican Rapids, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 56572 zip code (Pelican Rapids, 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: 56572 (Pelican Rapids, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 56572 (Pelican Rapids, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
1 – 10 of 133
Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 179244.23106013902 0.66 4.93
Feb 2015 180199.34930920356 0.53 4.83
Mar 2015 181120.1484470757 0.51 4.92
Apr 2015 182867.0440566614 0.96 5.63
May 2015 184731.00465943568 1.02 6.69
Jun 2015 186358.622905649 0.88 7.79
Jul 2015 186459.29651891775 0.05 7.48
Aug 2015 186233.75198286632 -0.12 6.41
Sep 2015 185808.79811797533 -0.23 5.24
Oct 2015 186013.32650290822 0.11 5.05
Nov 2015 186465.24588835228 0.24 5.13
Dec 2015 187515.03663521982 0.56 5.31
Jan 2016 188969.67007473166 0.78 5.43
Feb 2016 190177.19833805875 0.64 5.54
Mar 2016 191194.06945616295 0.54 5.56
Apr 2016 192076.52683578435 0.46 5.04
May 2016 192721.602002405 0.34 4.33
Jun 2016 193478.99288852533 0.39 3.82
Jul 2016 194024.40947251618 0.28 4.06
Aug 2016 195037.42665240544 0.52 4.73
Sep 2016 195905.79304426583 0.45 5.43
Oct 2016 196877.41997450715 0.50 5.84
Nov 2016 198234.85196441226 0.69 6.31
Dec 2016 200084.10601322775 0.93 6.70
Jan 2017 202056.17184079622 0.99 6.93
Feb 2017 203437.96213005824 0.68 6.97
Mar 2017 204327.03112677575 0.44 6.87
Apr 2017 205363.64883422074 0.51 6.92
May 2017 206006.12270910872 0.31 6.89
Jun 2017 206331.36161986113 0.16 6.64
Jul 2017 205984.61198726148 -0.17 6.16
Aug 2017 205601.32080507578 -0.19 5.42
Sep 2017 205659.18346092876 0.03 4.98
Oct 2017 206131.2611882237 0.23 4.70
Nov 2017 207260.95946729873 0.55 4.55
Dec 2017 208344.07067774536 0.52 4.13
Jan 2018 209545.82203489065 0.58 3.71
Feb 2018 210564.3585041044 0.49 3.50
Mar 2018 212173.35777018522 0.76 3.84
Apr 2018 213849.69942487823 0.79 4.13
May 2018 215230.1918218627 0.65 4.48
Jun 2018 215519.41224906466 0.13 4.45
Jul 2018 215426.62101353332 -0.04 4.58
Aug 2018 216600.75598412412 0.55 5.35
Sep 2018 218822.25754102718 1.03 6.40
Oct 2018 221318.7457986317 1.14 7.37
Nov 2018 222911.25685999982 0.72 7.55
Dec 2018 223881.20187413692 0.44 7.46
Jan 2019 225068.5791345686 0.53 7.41
Feb 2019 226863.15676268877 0.80 7.74
Mar 2019 229354.2941530091 1.10 8.10
Apr 2019 231212.82689051566 0.81 8.12
May 2019 232249.13657134623 0.45 7.91
Jun 2019 232761.32215166083 0.22 8.00
Jul 2019 232941.36119200362 0.08 8.13
Aug 2019 232875.42704366313 -0.03 7.51
Sep 2019 232677.7064974997 -0.08 6.33
Oct 2019 233504.0494487832 0.36 5.51
Nov 2019 235252.5126666606 0.75 5.54
Dec 2019 236624.82597281446 0.58 5.69
Jan 2020 237048.35323851672 0.18 5.32
Feb 2020 236900.98246524305 -0.06 4.43
Mar 2020 237190.71562742235 0.12 3.42
Apr 2020 237899.75866204486 0.30 2.89
May 2020 238668.75952611363 0.32 2.76
Jun 2020 239530.64488830394 0.36 2.91
Jul 2020 240895.90210014247 0.57 3.42
Aug 2020 243009.13967247796 0.88 4.35
Sep 2020 246479.62144618566 1.43 5.93
Oct 2020 250857.3800073884 1.78 7.43
Nov 2020 255870.50913098129 2.00 8.76
Dec 2020 260492.00845495472 1.81 10.09
Jan 2021 264234.2662112604 1.44 11.47
Feb 2021 267993.2724014612 1.42 13.13
Mar 2021 270584.00886391854 0.97 14.08
Apr 2021 273585.8554898926 1.11 15.00
May 2021 278065.4025447212 1.64 16.51
Jun 2021 284727.1478247344 2.40 18.87
Jul 2021 289755.6166857237 1.77 20.28
Aug 2021 292508.172959316 0.95 20.37
Sep 2021 293735.2104376994 0.42 19.17
Oct 2021 296308.4003279579 0.88 18.12
Nov 2021 298977.0687983251 0.90 16.85
Dec 2021 301238.99465630256 0.76 15.64
Jan 2022 304203.50754936127 0.98 15.13
Feb 2022 307283.75011311396 1.01 14.66
Mar 2022 311155.0931069039 1.26 14.99
Apr 2022 315162.0934570004 1.29 15.20
May 2022 319304.7107663111 1.31 14.83
Jun 2022 324212.33224403305 1.54 13.87
Jul 2022 327817.27618320327 1.11 13.14
Aug 2022 329460.70370736637 0.50 12.63
Sep 2022 328646.5703928457 -0.25 11.89
Oct 2022 327109.71053978364 -0.47 10.40
Nov 2022 325841.80740836146 -0.39 8.99
Dec 2022 324243.36695156794 -0.49 7.64
Jan 2023 324046.6927754157 -0.06 6.52
Feb 2023 324868.0764870271 0.25 5.72
Mar 2023 326824.55924472393 0.60 5.04
Apr 2023 328933.0561868955 0.65 4.37
May 2023 331644.24463481427 0.82 3.87
Jun 2023 333861.7389042762 0.67 2.98
Jul 2023 335547.14307359693 0.51 2.36
Aug 2023 335377.1168223351 -0.05 1.80
Sep 2023 335310.19732336607 -0.02 2.03
Oct 2023 334573.0681137861 -0.22 2.28
Nov 2023 335121.4982863465 0.16 2.85
Dec 2023 335792.1445280477 0.20 3.56
Jan 2024 336300.6714253481 0.15 3.78
Feb 2024 335656.22358417866 -0.19 3.32
Mar 2024 336225.3451040723 0.17 2.88
Apr 2024 338227.01780265005 0.60 2.83
May 2024 341522.7601383005 0.97 2.98
Jun 2024 343465.43611774535 0.57 2.88
Jul 2024 345705.00576800696 0.65 3.03
Aug 2024 349616.75997324026 1.13 4.25
Sep 2024 353930.21976826247 1.23 5.55
Oct 2024 356321.27736476203 0.68 6.50
Nov 2024 355514.99799116916 -0.23 6.09
Dec 2024 355006.8703075317 -0.14 5.72
Jan 2025 354251.34905525803 -0.21 5.34
Feb 2025 354139.31292524183 -0.03 5.51
Mar 2025 353885.7367405055 -0.07 5.25
Apr 2025 355007.8564046751 0.32 4.96
May 2025 356589.43607680936 0.45 4.41
Jun 2025 357566.13584398554 0.27 4.11
Jul 2025 359547.1341173485 0.55 4.00
Aug 2025 361211.33963424526 0.46 3.32
Sep 2025 363395.0988928228 0.61 2.67
Oct 2025 364119.2631635679 0.20 2.19
Nov 2025 365254.05804066145 0.31 2.74
Dec 2025 367138.1784520289 0.52 3.42
Jan 2026 369302.7946567629 0.59 4.25