Compare: Michigan vs Minnesota
Home Values in Michigan and Minnesota
|Zillow Home Value IndexWhat's this?||$117,100||vs||$173,500|
|Median List Price||$115,000||vs||$174,000|
|Median Sale Price||$134,800||vs||$198,000|
Michigan tends to be less expensive for home buyers than Minnesota. During the last year, Michigan home values have risen by 11.3%, while Minnesota home values have risen by 6.6%. The median sale price in Michigan is $134,800, but the median listing price was $115,000, a 17.2% increase. Meanwhile in Minnesota, the median selling price is $198,000, and the starting price had a median of $174,000, a 13.8% 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