Compare: Michigan vs Minnesota
Home Values in Michigan and Minnesota
|Zillow Home Value IndexWhat's this?||$99,400||vs||$161,700|
|Median List Price||$119,900||vs||$175,000|
|Median Sale Price||$115,300||vs||$184,000|
|Total Homes Sold in Apr||8540 homes||vs||Data Unavailable.|
Michigan tends to be less expensive for home buyers than Minnesota. During the last year, Michigan home values have risen by 8.5%, while Minnesota home values have risen by 9.0%. The median sale price in Michigan is $115,300, but the median listing price was $119,900, a 3.8% discount. Meanwhile in Minnesota, the median selling price is $184,000, and the starting price had a median of $175,000, a 5.1% increase.
Demographics in Michigan and Minnesota
|Median Household Income||$46,339||vs||$48,439|
|Homes with Kids||30.7%||vs||30.8%|
|Average Household Size||2.6||vs||2.5|
|Average Commute Time (Minutes)||25||vs||23|
At $48,439, the median income in Minnesota is $2,100 more than in Michigan, and $3,927 higher than the national average. Michigan has an older median age, at 35, compared to 35 in Minnesota, and a longer average commute. The average commute in Minnesota is 23 minutes and the average commute in Michigan is 25 minutes.
Homes for Sale in Michigan and Minnesota
Michigan vs Minnesota