Compare: Michigan vs Illinois
Home Values in Michigan and Illinois
| Michigan | vs | Illinois | ||||
|---|---|---|---|---|---|---|
| Zillow Home Value IndexWhat's this? | $98,500 | vs | $141,000 | |||
| 1-Year Change | +8.4% | vs | -0.7% | |||
| Median List Price | $111,000 | vs | $159,000 | |||
| Median Sale Price | $106,400 | vs | $166,100 | |||
| Total Homes Sold in Mar | 7471 homes | vs | 15170 homes | |||
Michigan tends to be less expensive for home buyers than Illinois. During the last year, Michigan home values have risen by 8.4%, while Illinois home values have fallen by 0.7%. The median sale price in Michigan is $106,400, but the median listing price was $111,000, a 4.1% discount. Meanwhile in Illinois, the median selling price is $166,100, and the starting price had a median of $159,000, a 4.5% increase. In March, Michigan home sellers managed to move 7471 houses, while Illinois saw 15170 transactions.



