Hollywood, FL


Highest Appreciating Hollywood Neighborhoods Since 2000

Hollywood, FL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Hollywood Housing Market Information

With 149,728 people, 55,823 houses or apartments, and a median cost of homes of $239,248, Hollywood real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Hollywood, accounting for 44.04% of the city's housing units. Other types of housing that are prevalent in Hollywood include large apartment complexes or high rise apartments ( 40.78%), duplexes, homes converted to apartments or other small apartment buildings ( 9.04%), and a few row houses and other attached homes ( 4.90%).

People in Hollywood primarily live in small (one, two or no bedroom) single-family detached homes. Hollywood has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Hollywood's housing was primarily built during this period, from the '40s through the '60s. A full 52.03% of the city's housing hails from this era. Other housing ages represented in Hollywood include homes built between 1970-1999 ( 39.64%) and housing constructed between 2000 and later ( 6.32%). There's also some housing in Hollywood built before 1939 ( 2.01%).

Vacant housing appears to be an issue in Hollywood. Fully 20.53% of the housing stock is classified as vacant. Left unchecked, vacant Hollywood homes and apartments can be a drag on the real estate market, holding Hollywood real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Hollywood Home Appreciation Rates

Hollywood's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hollywood during the period has been just -1.73%, which is lower than 80% of US communities.

Appreciation rates are so strong in Hollywood that despite a nationwide downturn in the housing market, Hollywood real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Hollywood appreciation rates continue to be some of the highest in America, at 8.58%, which is higher than appreciation rates in 89.28% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Hollywood. Hollywood appreciation rates in the latest quarter were at 1.80%, which equates to an annual appreciation rate of 7.39%.

Importantly, this makes Hollywood one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Florida, our data show that Hollywood's latest annual appreciation rate is lower than 50% of the other cities and towns in Florida.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Hollywood differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hollywood - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Hollywood real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,392,000 1.5
$1,044,001 - $1,392,000 1.0
$696,001 - $1,044,000 3.2
$557,001 - $696,000 3.2
$418,001 - $557,000 9.6
$278,001 - $418,000 19.8
$139,001 - $278,000 35.3
$70,001 - $139,000 17.4
$0 - $70,000 9.0

High for FL
High for Nation

Value Relative to Nation Value Relative to State
24.2177428805813 34.6153846153846

Number Of Homes And Apartments:

Hollywood Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
109.97% 4.39% 9 10
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,437 / per month

Homeownership Rate

Owners 58.11
Renters 41.89
Vacant 20.53

Housing Market Details


Age of Homes

AGE OF Hollywood HOMES
2000 or Newer 6.3
1970 - 1999 39.6
1940 - 1969 52.0
1939 or Older 2.0

Types of Homes

Single-Family 44.0
Townhomes 4.9
Small Apt. Buildings 9.0
Apt. Complexes 40.8
Mobile Homes 1.2
Other 0.0

Home Size

No Bedroom 4.76
1 Bedroom 22.31
2 Bedrooms 35.36
3 Bedrooms 29.43
4 Bedrooms 6.76
5 or more bedrooms 1.38