Market Overview
Home Prices in Hollywood, AL
The median home value in Hollywood, AL is $187,087 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2.3% compared to a year ago and down 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hollywood are priced54% below average. Hollywood is part of the Scottsboro, AL metro area.
Over the past five years, Hollywood home values have risen by approximately24.3%, reflecting strong long-term appreciation in this market.
Price History
Hollywood Home Price Trend
City Comparison
Hollywood vs. National Median
At $187,087, homes in Hollywood cost 54% below the national median of $410,000. This makes Hollywood a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hollywood?
20% Down Payment
$37,417
on $187,087
Monthly P&I
$976/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,240/mo
incl. taxes & insurance
Income Needed
$49,600
gross annual (30% rule)
10% Down Option
$18,709
+ PMI applies
Loan Amount (20% dn)
$149,670
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hollywood, AL?
The median home value in Hollywood is $187,087 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2.3% year-over-year.
How much have home prices changed in Hollywood?
Over the past year, home values in Hollywood have decreased by 2.3%. Over five years, prices have risen approximately 24.3%.
How much do I need to earn to buy a home in Hollywood?
To comfortably afford the median home price of $187,087 with a 20% down payment ($37,417) at today's rates (6.8%), you'd need a gross annual income of approximately $49,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Hollywood compare to the national average home price?
The national median home value is approximately $410,000. At $187,087, homes in Hollywood are 54% below the national average.
What metro area is Hollywood part of?
Hollywood is part of the Scottsboro, AL metropolitan area. Home prices and market conditions can vary across the broader metro region.