Home Values in Michigan and Illinois
|Zillow Home Value Index||$117,000||vs||$156,200|
|Median List Price||$137,900||vs||$182,500|
|Median Sale Price||$149,600||vs||$197,400|
Michigan tends to be less expensive for home buyers than Illinois. During the last year, Michigan home values have risen by 2.5%, while Illinois home values have risen by 6.1%. The median sale price in Michigan is $149,600, but the median listing price was $137,900, a 8.5% increase. Meanwhile in Illinois, the median selling price is $197,400, and the starting price had a median of $182,500, a 8.2% increase.