Housing in Hollywood
Hollywood's housing market is best understood as several distinct submarkets under one citywide median, not a single uniform price point. The citywide figure ticked up modestly year over year even as the underlying submarkets vary by well over $200K.
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Learn moreThe citywide figure and its real submarket spread
Redfin's trailing 3-month snapshot (period ending April 2026) puts Hollywood's citywide median sale price at $485,000, up 3.1% year over year. Within that figure, Hollywood Beach ran $484K (up 1.3% YoY as of a January 2026 read) and West Hollywood ran $480K (down 1.1% YoY), while inland Hollywood Hills ran $636K (down 2.8% YoY) and Hollywood Lakes ran $700K (essentially flat YoY) -- a spread of roughly $220K between the cheapest and most expensive named submarket (Redfin, retrieved 2026-08-22).
Beachfront condos vs. inland single-family: different products, not just different prices
The Hollywood Beach and West Hollywood figures largely reflect condo inventory, while Hollywood Lakes and Hollywood Hills are inland single-family neighborhoods -- meaning the price gap reflects genuinely different housing products (condo vs. detached home), not just neighborhood desirability. Confirm which product type a specific budget is actually shopping for before comparing across submarkets.
Flood-zone exposure is a real, city-documented housing factor
The City of Hollywood's own FEMA flood-map guidance flags much of the city east of US-1 as high-risk Zone AE or VE, and third-party coverage cites roughly 35% of Hollywood properties in high-risk flood zones, with more than 11,000 properties newly added to a Special Flood Hazard Area when FEMA's updated maps took effect July 31, 2024 (hollywoodfl.org; Louis Law Group flood-insurance coverage, retrieved 2026-08-22) -- a real cost and insurability factor for any specific parcel near the coast.
Key takeaways
- Hollywood's citywide median sale price is $485,000 (up 3.1% YoY, trailing 3 months ending April 2026, Redfin), but that blends submarkets from $480K (West Hollywood) to $700K (Hollywood Lakes).
- The price spread reflects real product differences -- beachfront/coastal condos vs. inland single-family homes -- not just neighborhood prestige.
- Roughly 35% of Hollywood properties sit in high-risk FEMA flood zones, and over 11,000 were newly added to a Special Flood Hazard Area when FEMA remapped in July 2024 -- confirm a specific address's flood zone before buying.
- Always confirm which Hollywood submarket and housing type a listing represents before comparing it to the citywide median.
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