Home Values in Michigan and Illinois
|Zillow Home Value Index||$117,900||vs||$155,900|
|Median List Price||$139,000||vs||$185,000|
|Median Sale Price||$151,500||vs||$197,900|
Michigan tends to be less expensive for home buyers than Illinois. During the last year, Michigan home values have risen by 3.9%, while Illinois home values have risen by 6.6%. The median sale price in Michigan is $151,500, but the median listing price was $139,000, a 9.0% increase. Meanwhile in Illinois, the median selling price is $197,900, and the starting price had a median of $185,000, a 7.0% increase.