Real Estate

Click Here to See How Much Five Towns Home Values Have Changed Since 2004

A Washington Post analysis looks at housing prices before and after the financial collapse.

Has your property value increased or decreased since 2004, when housing prices began to bubble only to collapse in 2007? How has your area recovered since then?

Those are the questions The Washington Post set out to answer, not just for the country overall but for individual towns and neighborhoods, a total 19,000 U.S. zip codes.

The results: One of the more impressive and useful interactive maps you'll ever use.

Find out what's happening in Five Townsfor free with the latest updates from Patch.

Overall in the Five Towns area, homes were worth more in 2015 compared to 2004.

In Lawrence, homes were worth 17 percent more–or $129,121–in 2015 compared to 2004, according to the maps. In Cedarhurst, homes were worth 21 percent more–or $112,29–over the same period. In Woodmere, homes were worth only 2 percent more-or 31,699-in 2015 while in Inwood, homes were worth 21 percent-or $65,932 more in that period. In Hewlett, home were worth 1 percent more or-$5,763-in 2015 compared to 2004 and in Valley Stream, homes were worth 10 percent more -or $35,938-last year.

Find out what's happening in Five Townsfor free with the latest updates from Patch.

Post staffers Ted Mellnik, Darla Cameron, Denise Lu, Emily Badger and Kat Downs used data from Black Knight Financial Services to compare home prices from 2004, just as real estate prices started to skyrocket, to 2015.

The data does not account for inflation but does correct for foreclosures and distressed sales to better reflect home values, the Post said.

In Brooklyn, New York, for example, home prices have increased by 146 percent since 2004. But in Decatur, Georgia, a suburb outside of Atlanta, prices are down 25 percent.

Click here and simply punch in your zip code to find out your home's worth last year compared to 2004.

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