Home Values in Michigan and Illinois
|Zillow Home Value Index||$118,500||vs||$156,900|
|Median List Price||$128,600||vs||$174,000|
|Median Sale Price||$136,800||vs||$177,600|
Michigan tends to be less expensive for home buyers than Illinois. During the last year, Michigan home values have risen by 1.8%, while Illinois home values have risen by 4.4%. The median sale price in Michigan is $136,800, but the median listing price was $128,600, a 6.4% increase. Meanwhile in Illinois, the median selling price is $177,600, and the starting price had a median of $174,000, a 2.1% increase.