Sell My House Fast in Hollywood, Florida with an iBuyer

Hollywood Real Estate Market Overview

Average Monthly Rent:

$1,739

Percentage Change in Home Price/Value:

23.4%

Median Home Value:

$437,900

Best Time To Sell Home:

August

Affordability Index:

98

Days To Sell House:

70

Job Market:

Fair

Public School Ranking:

18

Location & Weather

Hollywood is located on the east coast of Florida in Broward County, between Fort Lauderdale and Miami. This beachfront community possesses over 60 parks, several golf courses and up to seven miles worth of beaches along the Atlantic Ocean for residents and tourists alike to enjoy.

This cultural city has the ideal beach weather for the majority of the year, with clear skies and almost 250 days of sun. Hollywood’s most pleasant months are said to be February, March and December.

Population, Job Market & Cost of Living

Hollywood has a population of 156,125, with a growth rate of 0.28%. The job market has increased by 1.9% over the last year. In ten years, job growth is predicted to be 41.2%. There are over 10,000 different companies flourishing in this city. One of which is the Royal Caribbean cruise line that docks at Port Everglades. This city is home to the Memorial Healthcare System, which is the fifth-largest healthcare network in the nation. In turn, healthcare is the leading industry here, with tourism, aerospace, business services and national trade following closely behind.

Hollywood also has over 40 public, charter and private schools. Barry University and Nova Southeastern University are two of the nationally acclaimed schools located here. Hollywood’s a fairly expensive place to live, with a cost of living higher than Florida’s average.

Hottest Neighborhoods:

Hollywood Hills, Highland Gardens, Hollywoof Lakes, Hollywood South Central Beach

Average Monthly Rent in Hollywood

The average monthly rent in Hollywood is $1,739 for an average apartment size of 873 sq. feet.

Change in Home Value and Median Home Value

There has been a 23.4% increase in Hollywood’s median home value over the last year. As of 2022, the median home value is $437,900.

Days to Sell a House

On average, homes in Hollywood sell after 70 days on the market.

Best Time to Sell a House in Hollywood

In Hollywood, the month of August can provide homeowners with the highest valued sale and the month of September can provide the fastest sale.

Affordability Index

The affordability index in Hollywood is 98. This number indicates decreased affordability in this city.

Hollywood Public School Ranking

The top ranked public schools are Beachside Montessori Village, Hollywood Academy of Arts and Science Middle School, Sheridan Technical College, Ben Gamla Charter School North Campus. This information is based on data from The U.S. Department of Education, The U.S. Census Bureau and the Florida Department of Education.

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