Zip Code: 98541 (Elma, Washington) - 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 98541 Zip Code (Elma, Washington) in January 2026 was $355,844.462. The month over month percentage change (MoM) was 0.04%, and the year over year percentage change (YoY) was -0.94%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 98541 zip code (Elma, Washington). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 98541 zip code (Elma, Washington).

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

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: 98541 (Elma, Washington) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 98541 (Elma, Washington) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
Items per page:
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 147984.6521246422 0.39 1.61
Feb 2015 148310.23745833305 0.22 2.84
Mar 2015 148322.66552598844 0.01 3.38
Apr 2015 149331.30798169583 0.68 3.83
May 2015 151426.06625856555 1.40 4.72
Jun 2015 154369.2877532993 1.94 6.18
Jul 2015 157114.90563693384 1.78 7.60
Aug 2015 159042.2457620922 1.23 8.52
Sep 2015 160518.50853315942 0.93 9.27
Oct 2015 161806.5229979958 0.80 10.24
Nov 2015 163186.88002428992 0.85 11.11
Dec 2015 164559.8807771757 0.84 11.63
Jan 2016 166067.6615243452 0.92 12.22
Feb 2016 167413.5459320212 0.81 12.88
Mar 2016 168552.99522768942 0.68 13.64
Apr 2016 169556.22813856395 0.60 13.54
May 2016 170440.7504139519 0.52 12.56
Jun 2016 171317.47707354504 0.51 10.98
Jul 2016 171859.94417167606 0.32 9.39
Aug 2016 172296.11723176748 0.25 8.33
Sep 2016 172419.65951227778 0.07 7.41
Oct 2016 172865.11726674112 0.26 6.83
Nov 2016 173712.14163113953 0.49 6.45
Dec 2016 174899.69066544052 0.68 6.28
Jan 2017 176567.43973052906 0.95 6.32
Feb 2017 178481.40514456728 1.08 6.61
Mar 2017 180797.2787376264 1.30 7.26
Apr 2017 182828.41383978244 1.12 7.83
May 2017 184675.72185898712 1.01 8.35
Jun 2017 186664.95695681954 1.08 8.96
Jul 2017 188854.39743113608 1.17 9.89
Aug 2017 191118.06434890162 1.20 10.92
Sep 2017 193369.06977466808 1.18 12.15
Oct 2017 195453.1564029818 1.08 13.07
Nov 2017 197508.33619140927 1.05 13.70
Dec 2017 199677.17261291968 1.10 14.17
Jan 2018 201887.8005960382 1.11 14.34
Feb 2018 204321.60137246386 1.21 14.48
Mar 2018 207030.34961064195 1.33 14.51
Apr 2018 209938.02464573804 1.40 14.83
May 2018 212101.77461423245 1.03 14.85
Jun 2018 213184.33181078875 0.51 14.21
Jul 2018 214723.5128436977 0.72 13.70
Aug 2018 216893.75167729464 1.01 13.49
Sep 2018 219424.60112840333 1.17 13.48
Oct 2018 220812.9845302573 0.63 12.98
Nov 2018 222153.83373471684 0.61 12.48
Dec 2018 223750.13439616564 0.72 12.06
Jan 2019 225409.67111705904 0.74 11.65
Feb 2019 227031.86663903832 0.72 11.12
Mar 2019 229036.1742960885 0.88 10.63
Apr 2019 231532.09989822368 1.09 10.29
May 2019 233656.91542195177 0.92 10.16
Jun 2019 235696.6304120623 0.87 10.56
Jul 2019 237723.65380777922 0.86 10.71
Aug 2019 240337.24628029825 1.10 10.81
Sep 2019 243331.38262849257 1.25 10.90
Oct 2019 246882.96623985283 1.46 11.81
Nov 2019 250358.64315479982 1.41 12.70
Dec 2019 253248.026203329 1.15 13.18
Jan 2020 255960.28834445679 1.07 13.55
Feb 2020 258117.77119112926 0.84 13.69
Mar 2020 260495.59019925015 0.92 13.74
Apr 2020 262939.4774994715 0.94 13.57
May 2020 265816.7575684873 1.09 13.76
Jun 2020 268385.4389492082 0.97 13.87
Jul 2020 271190.0668320683 1.05 14.08
Aug 2020 275407.2200486757 1.56 14.59
Sep 2020 281599.09256341006 2.25 15.73
Oct 2020 288355.55291158066 2.40 16.80
Nov 2020 294710.80351243855 2.20 17.72
Dec 2020 300821.037926304 2.07 18.79
Jan 2021 307125.959402887 2.10 19.99
Feb 2021 314104.23107505223 2.27 21.69
Mar 2021 320900.2439482423 2.16 23.19
Apr 2021 327884.8829350945 2.18 24.70
May 2021 335256.7675563702 2.25 26.12
Jun 2021 342627.6065647159 2.20 27.66
Jul 2021 349272.32271405373 1.94 28.79
Aug 2021 353126.1254648429 1.10 28.22
Sep 2021 354755.8470554117 0.46 25.98
Oct 2021 354641.2248498239 -0.03 22.99
Nov 2021 354506.23015284963 -0.04 20.29
Dec 2021 354990.356017428 0.14 18.01
Jan 2022 357396.7906178858 0.68 16.37
Feb 2022 361431.28118868795 1.13 15.07
Mar 2022 366548.63010278816 1.42 14.23
Apr 2022 370738.4390910578 1.14 13.07
May 2022 374359.7194957331 0.98 11.66
Jun 2022 377415.0607823248 0.82 10.15
Jul 2022 377861.479760413 0.12 8.19
Aug 2022 374910.5298424492 -0.78 6.17
Sep 2022 369069.58348927647 -1.56 4.04
Oct 2022 363837.43968225684 -1.42 2.59
Nov 2022 359410.67561615835 -1.22 1.38
Dec 2022 355166.882033928 -1.18 0.05
Jan 2023 351508.08128658513 -1.03 -1.65
Feb 2023 349171.8134044639 -0.66 -3.39
Mar 2023 349093.1071367485 -0.02 -4.76
Apr 2023 350698.5204702686 0.46 -5.40
May 2023 352912.36607823224 0.63 -5.73
Jun 2023 354435.3105953611 0.43 -6.09
Jul 2023 355156.64337854553 0.20 -6.01
Aug 2023 356090.8648162693 0.26 -5.02
Sep 2023 357279.386440918 0.33 -3.19
Oct 2023 358181.5456646374 0.25 -1.55
Nov 2023 358149.1701288181 -0.01 -0.35
Dec 2023 357165.46175542887 -0.28 0.56
Jan 2024 355506.5827808069 -0.46 1.14
Feb 2024 354938.04884326254 -0.16 1.65
Mar 2024 356092.52080802276 0.33 2.01
Apr 2024 359031.8038701356 0.83 2.38
May 2024 361967.7628946279 0.82 2.57
Jun 2024 363743.16002385534 0.49 2.63
Jul 2024 363723.93052962265 0.00 2.41
Aug 2024 362783.0838971313 -0.26 1.88
Sep 2024 362131.9518448634 -0.18 1.36
Oct 2024 361922.24623895093 -0.06 1.04
Nov 2024 361241.3417813736 -0.19 0.86
Dec 2024 360058.94175579585 -0.33 0.81
Jan 2025 359220.5938292082 -0.23 1.05
Feb 2025 359413.4972567232 0.05 1.26
Mar 2025 359428.0458932488 0.00 0.94
Apr 2025 359124.96397306834 -0.08 0.03
May 2025 358225.07986123813 -0.25 -1.03
Jun 2025 356811.9610202674 -0.39 -1.91
Jul 2025 355595.7905677992 -0.34 -2.23
Aug 2025 354889.88445220055 -0.20 -2.18
Sep 2025 355393.70522597735 0.14 -1.86
Oct 2025 355903.6324645919 0.14 -1.66
Nov 2025 355876.5858890962 -0.01 -1.48
Dec 2025 355717.91115357104 -0.04 -1.21
Jan 2026 355844.46156553394 0.04 -0.94