Has your zip code recovered from the housing crisis?

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The real estate market appears to be thriving in many cities across America – a complete turnaround from the peak of the housing crisis just a few years ago.

But the extent of the recovery depends on many factors, including where you live.

Read more: Do real estate agents really matter anymore?

Housing market: Has your neighborhood recovered?

The Washington Post crunched the numbers, analyzing housing data provided by Black Knight Financial Services from 2004 to 2015.

Here are a few key findings:

  • The typical single-family home gained less than 14% in value since 2004.
  • Zip codes where minorities are the largest population group are more likely to have homes worth less than in 2004.
  • Metro areas that are still feeling the most pain include California’s Central Valley, the upper Midwest, the suburban Northeast and Florida.
  • Home values are up most in a broad band from Texas up to the Northwest.

A closer look at the data

The Washington Post has an interactive tool on its website that lets you plug in your zip code to see how home values have changed.

Here are the results for some major metro areas across the U.S.:

Washington, DC (20005)

Avg. 2015 value Change from 2004
$622,152 + 53%

Atlanta, GA (30339)

Avg. 2015 value Change from 2004
$388,516 +9%

Ft. Lauderdale, FL (33321)

Avg. 2015 value Change from 2004
$183,455  0%

Detroit, MI (48221)

Avg. 2015 value Change from 2004
$42,607 -69%

San Francisco, CA (94107)

Avg. 2015 value Change from 2004
$1.4 million +85%

Chicago, IL (60607)

Avg. 2015 value Change from 2004
$447,266 +13%

Houston, TX (77002)

Avg. 2015 value Change from 2004
$411,951 +39%

Sacramento, CA (95814)

Avg. 2015 value Change from 2004
$414,482 +10%

Philadelphia, PA (19131)

Avg. 2015 value Change from 2004
$171,079 +28%

Denver, CO (80216)

Avg. 2015 value Change from 2004
$182,729 +28%

Phoenix, AZ (85007)

Avg. 2015 value Change from 2004
$269,832 +22%

Kansas City, MO (64108)

Avg. 2015 value Change from 2004
$202,624 +2%

Read more: 6 ways to win a real estate bidding war

Check your neighborhood’s home value

Even within these major cities, the numbers can be vastly different, and the disparity widens as you go into the suburbs –so these numbers might not reflect the reality where you live. 

If you’re curious, you can enter your zip code on the Post’s website.

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