Hollywood Home Prices: $441K, Down 6.2% — 3 ZIPs Analyzed (2026)
Prices dropped for the eleventh straight month in Hollywood. The median home is now worth $441,437 — down 6.2% from a year ago. That’s a loss of roughly $29,000 in equity for the average homeowner.
Quick answer: The average home price in Hollywood, FL is $441,437 as of February 2026, down 6.2% year over year according to Zillow.
Current Home Prices in Hollywood
Hollywood sits in the Miami-Fort Lauderdale-Pompano Beach metro, one of the most watched housing markets in the country. Here’s where prices stand right now.
| Metric | Value |
|---|---|
| Median Home Value | $441,437 |
| Year-over-Year Change | -6.2% |
| Lowest ZIP Median | $370,257 |
| Highest ZIP Median | $505,832 |
| ZIP Codes Tracked | 3 |
| Data as of | February 2026 |
A 6.2% annual decline is significant. That pace outstrips the national correction in many Sun Belt markets. Twelve months ago, the typical Hollywood home was worth about $470,000. The slide has been steady — no single month showed a rebound.
The price range across Hollywood’s three tracked ZIP codes spans $135,575 from bottom to top. That gap tells you the city isn’t one market. It’s at least three, each moving at a slightly different speed but all heading in the same direction: down.
For buyers, this is the most affordable Hollywood has been since mid-2024. For sellers, the window that opened during the post-pandemic surge is closing fast.
Hollywood Home Prices by Neighborhood
Three ZIP codes cover Hollywood proper. The price differences between them are stark.
| ZIP Code | Median Home Value | Average Rent |
|---|---|---|
| 33019 | $505,832 | $3,524/mo |
| 33021 | $448,223 | $2,163/mo |
| 33020 | $370,257 | $1,996/mo |
Most Expensive
33019 tops the list at $505,832 — 14.6% above the city median. This eastern ZIP carries the highest rents too, at $3,524 per month, reflecting its proximity to the beach and oceanfront properties.
Most Affordable
33020 comes in at $370,257, a full 16.1% below the city average. Rents here are the lowest in Hollywood at $1,996 per month. The gap between 33020 and 33019 is $135,575 — you could buy in the cheapest ZIP for 73 cents on the dollar compared to the most expensive.
33021 sits in the middle at $448,223, just $6,786 above the city median. Rents of $2,163 make it a moderate option for both buyers and renters.
Rent vs Buy in Hollywood
Rent data is available for all three Hollywood ZIP codes. Here’s how the numbers compare.
| ZIP Code | Median Home Value | Monthly Rent | Annual Rent |
|---|---|---|---|
| 33019 | $505,832 | $3,524 | $42,292 |
| 33021 | $448,223 | $2,163 | $25,956 |
| 33020 | $370,257 | $1,996 | $23,952 |
To put this in mortgage terms: a $441,437 home with 20% down ($88,287) leaves a $353,150 loan. At a 6.5% rate on a 30-year fixed mortgage, your monthly principal and interest payment would be roughly $2,232. Add property taxes, insurance (Florida’s insurance costs are notoriously high), and HOA fees where applicable, and you’re likely paying $2,800 to $3,200 per month all-in.
Compare that to the average rent across Hollywood’s ZIPs — about $2,561.
In 33020 and 33021, renting is cheaper month-to-month. In 33019, buying and renting are closer in cost, but the $3,524 rent is steep either way. With prices falling 6.2% annually, the math currently favors renting unless you plan to hold the property for five or more years.
Population Growth and Migration
Hollywood is growing, though not as fast as some Florida peers.
| Year | Population |
|---|---|
| 2020 | 152,820 |
| 2021 | 152,447 |
| 2022 | 154,149 |
| 2023 | 157,006 |
| 2024 | 159,073 |
The city added 6,253 residents between 2020 and 2024 — a 4.1% increase. Growth dipped slightly in 2021 before rebounding. The 2023-2024 jump of about 2,000 people shows the trend is accelerating.
How does that compare to other Florida cities?
| City | 2024 Population | Growth (2020-2024) |
|---|---|---|
| Port St. Lucie | 258,575 | 25.0% |
| Cape Coral | 233,025 | 19.2% |
| Miami | 487,014 | 10.0% |
| Orlando | 334,854 | 8.8% |
| Tampa | 414,547 | 6.7% |
| Hollywood | 159,073 | 4.1% |
Hollywood’s 4.1% growth trails every city on this list. Port St. Lucie and Cape Coral are growing six and five times faster, respectively. That relative slowdown may partly explain the price correction — demand hasn’t kept pace with supply in the way it has farther north along the coast.
Still, a growing population puts a floor under long-term housing demand. Hollywood isn’t shrinking.
Hollywood Housing Market Trends
Here’s the month-by-month picture over the past year.
| Month | Average Value | Low (33020) | High (33019) |
|---|---|---|---|
| Mar 2025 | $470,731 | $390,024 | $542,924 |
| Apr 2025 | $467,533 | $388,288 | $538,431 |
| May 2025 | $463,493 | $386,166 | $532,789 |
| Jun 2025 | $459,269 | $384,158 | $526,452 |
| Jul 2025 | $454,653 | $381,368 | $520,015 |
| Aug 2025 | $451,035 | $379,181 | $515,026 |
| Sep 2025 | $448,263 | $377,499 | $511,448 |
| Oct 2025 | $446,393 | $376,265 | $509,385 |
| Nov 2025 | $444,601 | $374,461 | $508,055 |
| Dec 2025 | $443,064 | $372,387 | $507,269 |
| Jan 2026 | $441,976 | $371,056 | $506,417 |
| Feb 2026 | $441,437 | $370,257 | $505,832 |
Every single month declined. No exceptions.
The pace of decline has slowed, though. From March to April 2025, the average dropped $3,198. From January to February 2026, it dropped only $539. The market is still falling, but the descent is flattening.
The high-end ZIP (33019) lost $37,092 over the period — a 6.8% drop. The low-end ZIP (33020) lost $19,767 — a 5.1% drop. Expensive areas are correcting faster in both dollar and percentage terms.
Is Hollywood a Good Place to Buy in 2026?
The data points to a buyer’s market. Prices are down 6.2% year over year, and the decline has lasted at least 12 months. Sellers have lost pricing power.
If you’ve been waiting on the sidelines, you’re now buying at the lowest price point since the data hit these levels on the way up. The typical home costs $29,000 less than it did a year ago.
But there are risks. Florida’s insurance crisis adds thousands to annual ownership costs. Property taxes in Broward County aren’t cheap. And with prices still sliding — even if more slowly — you could buy today and see further declines over the next two to three quarters.
The strongest case for buying is in 33020, where the $370,257 median keeps your mortgage manageable and rent savings are minimal. If you’re looking at 33019, make sure the beach premium is worth $135,000 more than the cheapest alternative across town.
Hollywood Housing Market Outlook for 2026-2027
The monthly trend is clear: prices are falling, but the rate of decline is decelerating. The average monthly drop shrank from about $3,200 in spring 2025 to under $600 by early 2026.
If the current pace continues, Hollywood could see prices stabilize by mid-to-late 2026. The three-month trend from December through February shows losses of $1,627 total — roughly $542 per month. At that rate, the floor could be somewhere near $435,000 to $438,000.
A full rebound in 2027 is unlikely based on current momentum. The more probable scenario is a period of flat or near-flat prices after the bottom, followed by slow recovery. Population growth of 4.1% provides some demand support, but it’s not enough to reverse the correction quickly.
Watch mortgage rates. A meaningful drop in rates could accelerate the stabilization. Flat rates mean a slow grind.
Similar Markets in FL
If you’re shopping in South Florida, these nearby markets are worth comparing:
- Fort Lauderdale — Hollywood’s immediate neighbor to the north, typically priced higher with a more urban feel.
- Pembroke Pines — A suburban alternative just west of Hollywood, popular with families.
- Miramar — Another western suburb in the same corridor, often competing for the same buyer pool.
- Miami — The anchor of the metro, with far higher prices but stronger appreciation history.
- Hialeah — One of South Florida’s more affordable options within the Miami-Dade border.
Frequently Asked Questions
What is the average home price in Hollywood?
The average home price in Hollywood, FL is $441,437 as of February 2026. Prices vary widely by ZIP code, from $370,257 in 33020 to $505,832 in 33019. The city-wide median sits roughly in line with the broader South Florida market.
Are home prices going up or down in Hollywood?
Prices are going down. Hollywood’s median home value has fallen 6.2% year over year, dropping from roughly $470,000 in early 2025 to $441,437 in February 2026. Every month in the 12-month tracking period recorded a decline, though the pace has slowed considerably in recent months.
Is it cheaper to rent or buy in Hollywood?
In most cases, renting is currently cheaper. Average rents across Hollywood’s three ZIP codes range from $1,996 to $3,524 per month. A mortgage on a median-priced home (20% down, 6.5% rate) runs about $2,232 in principal and interest alone — before taxes, insurance, and HOA. With falling prices eroding equity, renting has the financial edge in the short term.
What is the most affordable neighborhood in Hollywood?
ZIP code 33020 is the most affordable, with a median home value of $370,257 — that’s $71,180 below the city average and 27% cheaper than the priciest ZIP. Average rent in 33020 is also the lowest at $1,996 per month.
Methodology
Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.