Housing in Hollywood, AL is a great investment and offers excellent value for money. The median value of houses in Hollywood is $158,600, which is much lower than the US median value of $338,100. In addition to the low cost of housing, there has also been an impressive house appreciation rate of 14.36% over the past year, significantly higher than the 8.27% national average. This makes investing in real estate in Hollywood a very attractive option for people looking to purchase or rent property.
The median home cost in Hollywood is $158,600. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Hollywood is up 23.2%.
Average Age of Homes
- The median age of Hollywood real estate is 39 years old
The Rental Market in Hollywood
- Renters make up 17.2% of the Hollywood population
- 0.0% of houses and apartments in Hollywood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.