Compare: Michigan vs Illinois
Home Values in Michigan and Illinois
|Zillow Home Value IndexWhat's this?||$105,000||vs||$148,700|
|Median List Price||$124,900||vs||$164,900|
|Median Sale Price||$139,900||vs||$198,000|
|Total Homes Sold in Oct||23487 homes||vs||17372 homes|
Michigan tends to be less expensive for home buyers than Illinois. During the last year, Michigan home values have risen by 9.4%, while Illinois home values have risen by 4.9%. The median sale price in Michigan is $139,900, but the median listing price was $124,900, a 12.0% increase. Meanwhile in Illinois, the median selling price is $198,000, and the starting price had a median of $164,900, a 20.1% increase. In October, Michigan home sellers managed to move 23487 houses, while Illinois saw 17372 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