Compare: Michigan vs Illinois
Home Values in Michigan and Illinois
|Zillow Home Value IndexWhat's this?||$98,500||vs||$141,000|
|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.
Demographics in Michigan and Illinois
|Median Household Income||$46,339||vs||$49,192|
|Homes with Kids||30.7%||vs||32.1%|
|Average Household Size||2.6||vs||2.6|
|Average Commute Time (Minutes)||25||vs||29|
At $49,192, the median income in Illinois is $2,853 more than in Michigan, and $4,680 higher than the national average. Michigan has an older median age, at 35, compared to 35 in Illinois, and a shorter average commute. The average commute in Illinois is 29 minutes and the average commute in Michigan is 25 minutes.
Homes for Sale in Michigan and Illinois
Michigan vs Illinois