Compare: Michigan vs Illinois

Home Values in Michigan and Illinois

Michigan
vsIllinois
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Zillow Home Value Index
Mid-point of Zestimate valuations for Michigan. Half the Zestimates are above this number and half are below it.
$98,500vs$141,000
1-Year Change+8.4%vs-0.7%
Median List Price$111,000vs$159,000
Median Sale Price$106,400vs$166,100
Total Homes Sold in Mar7471 homes vs15170 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

Michigan
vsIllinois
Population9,295,297vs11,430,602
Median Household Income$46,339vs$49,192
Median Age35vs35
Homes with Kids30.7%vs32.1%
Average Household Size2.6vs2.6
Average Commute Time (Minutes)25vs29
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

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Why is Illinois more expensive than Michigan?

Michigan

Map of Michigan
Michigan is a state in US with a population of 9,295,297. The median household income is $46,339.

Illinois

Map of Illinois
Illinois is a state in US with a population of 11,430,602. The median household income is $49,192.