How Much Have Home Values Changed in Fredericksburg?

By MARC TORRENCE (Patch National Staff)

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.

Home values in the 22401 zip code in Fredericksburg increased more than $26,000 compared to values in 2004.

Click here and punch in any zip code to find how home values compare to 2004.

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.