Home Values in Michigan and Illinois
|Zillow Home Value Index||$117,600||vs||$155,600|
|Median List Price||$127,000||vs||$170,000|
|Median Sale Price||$139,000||vs||$174,700|
Michigan tends to be less expensive for home buyers than Illinois. During the last year, Michigan home values have risen by 0.3%, while Illinois home values have risen by 2.9%. The median sale price in Michigan is $139,000, but the median listing price was $127,000, a 9.4% increase. Meanwhile in Illinois, the median selling price is $174,700, and the starting price had a median of $170,000, a 2.8% increase.