HOUSING PRICES - COMPARISON OF INDIANA, TENNESSEE AND ILLINOIS

Illinois house prices have not yet returned to pre-2008 recession levels, and in fact, saw a nominal decline in the last quarter. Indiana and Tennessee housing prices did not have significant declines during the recession and both states returned to pre-recession levels in the second-quarter of 2015. Tennessee housing prices have seen a rise of 29% since the first-quarter of 2008, and Indiana has seen an increase of 19%.