Hollywood, Los Angeles, CA90038

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$1,051,000
7.2% YoY Growth
Median Household Income
$61,600
54.0% 5-Year Growth
Days on Market
52
11.0% Shorter than last year
Home Price Forecast
-0.5%
Median Rent
$2,800
8.3% YoY Growth
1-Bed Rent
$2,200
6.4% YoY Growth
2-Bed Rent
$3,200
3.1% YoY Growth
3-Bed Rent
$4,200
4.0% YoY Growth

Property Listings — Hollywood, Los Angeles, CA

As of Aug '25 and according to Realtor.com, the median days on market for a home in Hollywood, Los Angeles, CA is 52. This is an decrease of -11.0% from last year. This indicates that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 12.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$1,250,000-3.0%
Listing Count
36N/A
Listings as % of Homes0.1%N/A
Days on Market
52-11.0%
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Demographics — Hollywood, Los Angeles, CA

MetricLatest CensusYoY % Change
Population
27,8000.5%
% Under 18
11.7%-30.4%
% Under 5N/AN/A
% Seniors
10.0%19.0%
% WFH
17.9%148.6%
% w/ College Degree
40.9%28.2%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
31.4%5.0%
% Black
7.0%16.7%
% Hispanic
48.7%-11.9%
% Asian
7.8%44.4%
% Foreign Born
38.6%-16.5%
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Mortgage and Risk — Hollywood, Los Angeles, CA

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Hollywood, Los Angeles, CA in that year was 84. 98.0% of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was 55.0%. Of those, 4.0% were >90% loan to value. This is considered normal, suggesting that mortgage risk is small in Hollywood, Los Angeles, CA. Investor activity in Hollywood, Los Angeles, CA is low, as 5.0% of all loans are originated by investors. In 2023, 7.0% of all loans were cash-out refinances, suggesting few homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
84N/AN/A
% Conventional Loans
98.0%N/AN/A
% Government Loans
2.0%N/AN/A
% Investor Loans
5.0%N/AN/A
% Second Loans
5.0%N/AN/A
% Cash Out Refinance
7.0%N/AN/A
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Rentals and Section 8 — Hollywood, Los Angeles, CA

As of 2024, the percent of homes in Hollywood, Los Angeles, CA under the Section 8 program is 9.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
1,130
Total Units Section 8
1,116
% Rentals under Section 8
9.4%
% Occupied Section 8
87.1%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$110$2,200$2,310
2 Bedroom-$290$3,200$2,910
3 Bedroom-$500$4,200$3,700
4 Bedroom-$2,130$6,230$4,100

Affordability — Hollywood, Los Angeles, CA

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio20.2N/AN/A
Median Home Price$1,051,000N/AN/A
Median Household Income$61,600N/AN/A

Hollywood, Los Angeles, CA — ZIP Code Boundary Map

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