Home Values in Michigan and Minnesota
|Zillow Home Value Index||$117,400||vs||$180,700|
|Median List Price||$129,500||vs||$199,900|
|Median Sale Price||$137,600||vs||$195,500|
Michigan tends to be less expensive for home buyers than Minnesota. During the last year, Michigan home values have fallen by 0.6%, while Minnesota home values have risen by 3.4%. The median sale price in Michigan is $137,600, but the median listing price was $129,500, a 6.3% increase. Meanwhile in Minnesota, the median selling price is $195,500, and the starting price had a median of $199,900, a 2.2% discount.