Home Values in Michigan and Illinois
|Zillow Home Value Index||$118,000||vs||$156,300|
|Median List Price||$129,900||vs||$179,000|
|Median Sale Price||$142,100||vs||$179,000|
Michigan tends to be less expensive for home buyers than Illinois. During the last year, Michigan home values have risen by 2.3%, while Illinois home values have risen by 4.5%. The median sale price in Michigan is $142,100, but the median listing price was $129,900, a 9.4% increase. Meanwhile in Illinois, the median selling price is $179,000, and the starting price had a median of $179,000, a -0.0% discount.