Hollywood Home Prices & Values

$194,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 16.8% 1-year change
  • 4.4% 1-year forecast

Market Temperature: NeutralWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Hollywood is $194,200. Hollywood home values have gone up 16.8% over the past year and Zillow predicts they will rise 4.4% within the next year. The median list price per square foot in Hollywood is $165, which is higher than the Miami-Fort Lauderdale Metro average of $159. The median price of homes currently listed in Hollywood is $229,000 while the median price of homes that sold is $214,750. The median rent price in Hollywood is $1,700, which is lower than the Miami-Fort Lauderdale Metro median of $1,800.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Hollywood is 16.8%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Hollywood homeowners underwater on their mortgage is 17.8%, which is lower than Miami-Fort Lauderdale Metro at 21.9%.

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Relative ZHVI
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Hollywood Market Overview

Data through Aug 31, 2014
  • $194,200 ZHVI
  • 4.4% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $229,000 Median listing price
  • $214,750 Median sale price
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Hollywood Market Health

Data through Aug 31, 2014
  • 4.2/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 17.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 16.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Neighborhoods in Hollywood

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Lake of Emerald Hills $480,000 Oakridge $380,200 Hollywood Hills $290,400
Emerald Hills $270,200 Park East $235,300 Royal Poinciana $167,800
Highland Garden $146,200 Playland $139,600 North Central $133,400

Listings & Sales

Data through Aug 31, 2014
  • $165 Median list price / sq ft
  • $148 Median sale price / sq ft
  • 29.6% Listings with price cut
19.7%
Sold below listing
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Hollywood Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,697 Hollywood
$1,769 Miami-Fort Lauderdale Metro
$1,328 United States
  • 1.2 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $1,700 Rent list price
  • $1.46 Rent list price / sq ft
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