HOME VALUES Zillow Home Value Index (ZHVI): A smoothed, seasonally adjusted 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. The raw version of that mid-tier ZHVI time series is also available. Zillow publishes top-tier ZHVI ($, typical value for homes within the 65th to 95th p