Compare: Michigan vs Iowa
Home Values in Michigan and Iowa
|Zillow Home Value IndexWhat's this?||$117,100||vs||$126,600|
|Median List Price||$115,000||vs||$129,900|
|Median Sale Price||$134,800||vs||$144,700|
Michigan tends to be less expensive for home buyers than Iowa. During the last year, Michigan home values have risen by 11.3%, while Iowa home values have risen by 3.2%. The median sale price in Michigan is $134,800, but the median listing price was $115,000, a 17.2% increase. Meanwhile in Iowa, the median selling price is $144,700, and the starting price had a median of $129,900, a 11.4% increase.
Demographics in Michigan and Iowa
|Median Household Income||$46,339||vs||$40,427|
|Homes with Kids||30.7%||vs||29.3%|
|Average Household Size||2.6||vs||2.5|
|Average Commute Time (Minutes)||25||vs||20|
At $40,427, the median income in Iowa is $5,912 less than in Michigan, and $4,085 lower than the national average. Michigan has a younger median age, at 35, compared to 37 in Iowa, and a longer average commute. The average commute in Iowa is 20 minutes and the average commute in Michigan is 25 minutes.
Homes for Sale in Michigan and Iowa
Michigan vs Iowa