I don't know where you're looking. I'm looking in relatively small midwestern towns (Illinois, Michigan, Wisconsin, Minnesota) and I see listing for homes value

I don't know where you're looking. I'm looking in relatively small midwestern towns (Illinois, Michigan, Wisconsin, Minnesota) and I see listing for homes valued 20% greater or more compared with last year. A small four-plex that would have listed at $400k and sold for $380k (or so) last year is likely to have listed over $500k and may sell over-asking this year. It's ridiculous.