Buyer's MarketMay 2026

Hollywood Housing Market Report

Live MLS data · 200 active listings · $550K median · Updated May 2026

TL;DR

The Hollywood housing market has 200 active listings with a median asking price of $550K as of May 2026. 7% of listings have had a price reduction. Average price per square foot is $543, with homes spending an average of 165 days on market — a buyer's market.

200

Active Listings

$550K

Median Price

$543

Avg $/sqft

165

Avg Days on Market

7%

Price Reduced

Price Distribution

Under $300K
38 (19%)
$300K–$500K
53 (27%)
$500K–$750K
54 (27%)
$750K–$1M
30 (15%)
$1M–$2M
17 (9%)
$2M+
8 (4%)

By Property Type

Condos
$475K
Single-Family
$650K
Townhouses
$550K
Hotel/motel
$790K
Stock cooperative
$215K

Median Price by Bedrooms — Hollywood

BedroomsActive ListingsMedian Price
Studio/1 BR67$399K
2 BR85$599K
3 BR34$655K
4 BR10$840K
5+ BR4$5M

ELLA AI Market Analysis — Hollywood

The Hollywood real estate market currently has 200 active listings as of May 2026, with a median asking price of $550K and an average of $543/sqft. Homes are spending an average of 165 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.

Stock cooperative represent the best value in Hollywood right now, with an average price per square foot of $349 and a median asking price of $215K. There are currently 5 active stock cooperative listings available.

With 7% of listings having seen a price reduction, there is meaningful negotiating room in Hollywood. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.

Frequently Asked Questions — Hollywood Real Estate Market

What is the average home price in Hollywood right now?

As of May 2026, the median asking price in Hollywood is $550K, with an average of $719K. Prices range from $110K to $8.7M. The average price per square foot is $543.

Is Hollywood a buyer's or seller's market?

Hollywood is currently a buyer's market. Homes average 165 days on market and 7% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.

How long do homes stay on the market in Hollywood?

As of May 2026, homes in Hollywood spend an average of 165 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.

What is the most affordable property type in Hollywood?

Stock cooperative are currently the most affordable by price per square foot in Hollywood, averaging $349/sqft with a median price of $215K. There are 5 active stock cooperative listings available.

How much can I save buying in Hollywood with Casa Simple?

Based on the median home price of $550K in Hollywood, Casa Simple buyers typically receive a rebate of $4K–$7K at closing. This is cash back from the buyer's agent commission — you pay nothing extra. The exact rebate depends on purchase price and plan.

What is the average HOA fee in Hollywood?

HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.

Ready to buy in Hollywood?

ELLA analyzes every listing in Hollywood with an AI-powered IQ score. Get up to $7K back at closing.