Home Values in Michigan and Illinois
|Zillow Home Value Index||$117,400||vs||$155,000|
|Median List Price||$129,500||vs||$177,500|
|Median Sale Price||$137,600||vs||$167,600|
Michigan tends to be less expensive for home buyers than Illinois. During the last year, Michigan home values have fallen by 0.6%, while Illinois home values have risen by 1.9%. The median sale price in Michigan is $137,600, but the median listing price was $129,500, a 6.3% increase. Meanwhile in Illinois, the median selling price is $167,600, and the starting price had a median of $177,500, a 5.6% discount.