Market · Hollywood

Hollywood, Florida Real Estate Market: Where Prices Stand in 2026

Hollywood, Florida Real Estate Market: Where Prices Stand in 2026
Quick answer As of mid-2026, the Hollywood, Florida real estate market has shifted in the buyer's favor across condos and townhomes while single-family homes hold steadier, so the right move depends heavily on which property type you're in.

If you’re trying to figure out where the Hollywood, Florida real estate market stands in 2026, here’s the short answer: it depends entirely on what you’re buying. Single-family homes in Hollywood are holding their value in a mostly balanced market, while condos and townhomes have tipped into buyer’s market territory, with more inventory sitting longer and more room to negotiate than at any point since 2019. If you’ve been watching Zillow estimates bounce around and wondering whether they mean anything, they don’t tell you the real story. The real story is playing out property type by property type, and neighborhood by neighborhood, across a city that sits between Fort Lauderdale and Miami and has quietly become one of the more interesting value plays in coastal Broward.

I work this market daily, and the number one mistake I see buyers and sellers make right now is treating “Hollywood real estate” like one market. It isn’t. A canal-front single-family home in Hollywood Lakes is behaving completely differently than a 1970s condo two blocks off the Broadwalk. Let’s break down what’s actually happening, segment by segment, so you can make a decision based on reality instead of a headline.

Hollywood, Florida Real Estate Market: Where Prices Stand in 2026

Hollywood sits inside Broward County, wedged between Fort Lauderdale to the north and Aventura and North Miami to the south. That geography matters for pricing because Hollywood has always traded at a discount to Fort Lauderdale for comparable square footage and lot size, while offering the same beach access, the same Intracoastal, and in some pockets, a shorter commute to Aventura and Miami.

Broward County as a whole is currently sitting closer to balanced than either Miami-Dade or Palm Beach County, but the story splits hard by property type. Across Broward, single-family homes are moving at a pace that still gives sellers some leverage in the right locations, while attached housing (condos and townhomes) has swung toward buyers. Hollywood mirrors that split almost exactly, and in some of its older condo buildings, the buyer’s market conditions are even more pronounced than the county average because of the insurance and assessment pressure I’ll cover below.

If you want the full picture on relocating to the city itself, not just the pricing, our Hollywood, Florida: The Complete Relocation Guide for 2026 walks through neighborhoods, commute times, and lifestyle in more depth. This post is focused specifically on the numbers and what they mean for your decision.

Why “Where Prices Stand” Is the Wrong Question by Itself

Ask a real estate site what the “median home price” is in Hollywood and you’ll get a single number that blends 900-square-foot 1960s condos with 4,000-square-foot new construction on the water. That number is close to useless for decision-making. What actually matters is where your specific price point and property type sits relative to supply, because supply is what determines your negotiating leverage, whether you’re buying or selling.

Broward County Context: How Hollywood Compares to Miami-Dade and Palm Beach

To understand Hollywood, it helps to see it against its neighboring counties, because buyers cross-shopping South Florida are comparing all three whether they realize it or not.

In Miami-Dade County, single-family homes are running around $678,000 with roughly 4.8 months of supply, which is balanced but still leaning toward sellers. Miami-Dade condos are averaging around $396,000 with 11.3 months of supply, a clear buyer’s market, and that number runs higher than Broward’s condo average largely because Miami-Dade carries more coastal high-rise inventory in the mix.

In Palm Beach County, single-family homes are the priciest of the three counties at roughly $685,000, with about 4.2 months of supply, balanced but leaning toward sellers. Palm Beach condos sit around $279,000 with 7.8 months of supply, a buyer’s market, but with a thinner inventory cushion than Miami-Dade or Broward.

Broward, where Hollywood sits, lands in between on single-family pricing but stands out on the condo side. Condo buyers get the most negotiating leverage anywhere in South Florida right now in Broward County, Hollywood included. If your budget is condo-range and you’re cross-shopping Fort Lauderdale, Hollywood, Miami, and West Palm Beach, Hollywood and greater Broward are where you’ll find the most room to negotiate on price, closing costs, or both.

That leverage isn’t free, though. It exists because of a specific, identifiable cost pressure hitting older buildings, which I’ll get into in the insurance section below. Understanding why the leverage exists is more important than just knowing it exists.

Price by Property Type: Single-Family, Townhomes, Condos

Single-Family Homes

Single-family homes in Hollywood remain the most resilient segment. Buyers want the land, the yard, and in the eastern sections, the canal or Intracoastal access, and that demand hasn’t gone anywhere. Sections like Hollywood Lakes, Emerald Hills, and parts of the Lakes Section continue to see homes go under contract in weeks rather than months when they’re priced correctly and updated. Older, unrenovated inventory in the same neighborhoods sits longer, because buyers in 2026 are less willing to take on a full renovation on top of current insurance and financing costs.

If you’re specifically hunting for canal frontage or Intracoastal access, our Waterfront Living in Hollywood, Florida: Canal Homes and Intracoastal Access guide breaks down which sections carry deep water access versus fixed bridges, which matters enormously for boat owners and for resale value.

Townhomes

Townhomes in Hollywood occupy the middle ground, and this is genuinely one of the more underrated segments in the market right now. You get more space than a condo, lower HOA exposure than an older high-rise, and in many cases no Milestone Inspection or structural reserve requirements to worry about because the buildings are newer or low-rise. First-time buyers priced out of single-family homes are increasingly landing here, a trend we cover in detail in First-Time Buyer in Hollywood, Florida: Coastal Broward at an Accessible Price.

Condos

Condos are where the real softening is happening. Buildings from the 1970s and 1980s, especially those near the Broadwalk and along US-1, are facing Florida’s post-Surfside structural inspection and reserve funding requirements, and many are passing the cost directly to owners through special assessments. That’s pushing monthly carrying costs up even when the sale price looks like a bargain, and it’s the single biggest thing keeping condo buyers cautious. Newer buildings with healthy reserves are the exception, they’re holding value better and moving faster than the older stock around them, because buyers have learned to ask for the building’s reserve study and inspection report before they’ll even write an offer.

Neighborhood-by-Neighborhood: Where the Money Goes in Hollywood

Pricing in Hollywood isn’t one curve, it’s several curves stacked on top of each other depending on location.

Hollywood Beach and the Broadwalk corridor command the highest per-square-foot prices in the city, driven by tourism, short-term rental potential, and direct beach access. This is also where the oldest condo stock and the sharpest insurance increases collide, so due diligence here matters more than anywhere else in Hollywood. If you’re weighing what daily life actually looks like in this corridor, not just the investment math, Life on the Hollywood Broadwalk: What It Is Actually Like to Live Here is worth reading before you commit.

Hollywood Lakes, just west of the beach, is the city’s premier single-family neighborhood, with canal-front lots, mature landscaping, and consistent demand from buyers trading up from Fort Lauderdale who want a quieter, more residential feel without leaving the coast.

Emerald Hills, further west, is known for larger lots, golf course frontage, and a strong school draw, which keeps demand steady among families relocating for the schools as much as the homes. If schools are part of your decision, Hollywood, Florida Schools: What Parents Need to Know in 2026 covers zoning and ratings in detail.

Liberia, Boulevard Heights, and Driftwood represent the more accessible end of Hollywood’s single-family market. These neighborhoods have seen the most investor and first-time buyer activity in the past two years, because entry prices remain well below Hollywood Lakes or Emerald Hills for comparable square footage.

Downtown Hollywood and the Young Circle area have added the most new construction in recent years, with mixed-use and multifamily development changing the character of that corridor. If you want to know what’s actually being built and what it costs, New Construction in Hollywood, Florida: What Is Being Built and What It Costs has the current pipeline. For a broader map of which neighborhood fits which lifestyle and budget, Hollywood, Florida Neighborhoods: Where to Live Based on What You Want is the best starting point.

Inventory and Days on Market: What “Buyer’s Market” Actually Means Here

Months of supply is the number that actually tells you who has leverage, and it’s more useful than median price alone. When supply runs under five to six months, sellers generally have the upper hand because buyers are competing for limited inventory. When supply runs past seven or eight months, buyers gain leverage because sellers are competing for limited buyers.

Across Broward, and in Hollywood specifically, single-family homes are running closer to that five-month mark, balanced with a slight tilt toward sellers in the best-located, move-in-ready properties. Condos and, in some pockets, townhomes are running well past that threshold, which is exactly why you’re seeing more price reductions, more seller concessions, and more room to negotiate closing costs on attached housing right now.

What this means practically: if you’re selling a well-maintained single-family home in Hollywood Lakes or Emerald Hills, you still have real pricing power, but overpricing will cost you time on market that it wouldn’t have cost you in 2022. If you’re selling an older condo, price has to be sharp and realistic from day one, because buyers are comparing your unit against a dozen others with more competitive assessments and dues.

Insurance, HOA, and the Cost Layer Most Buyers Underestimate

This is the part of the Hollywood market that doesn’t show up in the list price, and it’s the part that’s actually driving the price divergence between single-family and condo product.

Florida’s Milestone Inspection and Structural Integrity Reserve Study requirements, put in place after the Surfside collapse, apply to condo buildings three stories or taller that are 30 years old or older, with a re-inspection every 10 years after that. Hollywood has a large stock of buildings that fall directly into that window. Buildings that deferred maintenance for years are now facing large special assessments to fund the required reserves, and those assessments are showing up as five-figure, sometimes six-figure, bills to unit owners.

Homeowners insurance is the other piece. Coastal Broward, Hollywood included, carries a meaningfully higher premium than inland communities because of flood zone exposure and wind mitigation requirements. Buyers need to get an actual insurance quote before they fall in love with a listing, not after, because the difference between a wind-mitigated newer home and an older, unmitigated one can run into thousands of dollars a year, and that changes what you can actually afford to offer.

None of this means avoid condos or avoid older buildings. It means underwrite the real numbers, ask for the reserve study, ask about pending or recently completed assessments, and price your offer around the true carrying cost, not the HOA fee listed on the MLS sheet from two years ago.

Rental Demand and Investor Activity

Hollywood’s rental market has stayed strong even as sale prices have leveled off, particularly for units near the beach and along the Federal Highway corridor where proximity to Aventura, Fort Lauderdale, and the airport matters to tenants. Investors buying today are underwriting more conservatively than they were in 2021 through 2023, factoring in higher insurance and, for condos, the real risk of a special assessment mid-hold. That’s part of why townhomes and newer, smaller condo buildings are attracting more investor interest than older beachfront towers right now, the numbers pencil out more predictably. If you’re evaluating Hollywood as an investment rather than a primary residence, Hollywood, Florida Investment Property: Rental Market and Returns in 2026 breaks down cap rates and rental comps by property type.

Who’s Actually Buying in Hollywood Right Now

Three buyer profiles dominate the current market. First, relocators from the Northeast and Midwest who are cross-shopping Fort Lauderdale and Hollywood and choosing Hollywood for the price gap on comparable homes, a trend covered in Moving to Hollywood, Florida: The Underrated Coastal City Between Fort Lauderdale and Miami. Second, first-time buyers priced out of Fort Lauderdale and Miami entirely, landing in townhomes and the more accessible single-family neighborhoods like Boulevard Heights and Driftwood. Third, cash and near-cash buyers picking through the softened condo market for value, betting that a building with a completed Milestone Inspection and funded reserves is a safer long-term hold than one still facing that process.

What’s notably quieter right now is the speculative flip buyer who was active in 2021 and 2022. Financing costs and insurance costs have squeezed that margin out of quick-turn deals, which is part of why inventory sitting on market has grown, there are fewer buyers willing to absorb a project at any price.

What This Means If You’re Buying

If you’re shopping single-family in Hollywood, expect real competition in Hollywood Lakes, Emerald Hills, and move-in-ready homes anywhere east of I-95. You’ll have more leverage on dated properties that need work, because fewer buyers want to take on a renovation loan at current rates on top of a purchase.

If you’re shopping condos or townhomes, you have genuine leverage right now, more than you’ve had in years. Use it. Ask for the reserve study, ask about assessments, negotiate on price and on seller-paid closing costs, and don’t assume the listed HOA fee is the final number.

What This Means If You’re Selling

If you’re selling a single-family home in a strong Hollywood neighborhood, price it accurately from the start. The market will still reward you, but it won’t forgive a home sitting overpriced for 90 days the way it might have three years ago.

If you’re selling a condo, get ahead of the assessment question before you list. Buyers are going to ask, and having your building’s inspection status and reserve funding documented and ready to hand over builds trust and shortens your time on market. Sellers who try to hide or delay that information are the ones seeing deals fall through at inspection.

The Bottom Line

The Hollywood, Florida real estate market in 2026 isn’t one story, it’s two. Single-family homes are holding steady with real, if uneven, seller leverage depending on neighborhood and condition. Condos and townhomes have shifted meaningfully toward buyers, driven by insurance costs and post-Surfside reserve requirements rather than a loss of demand for the city itself. Hollywood’s fundamentals, the beach, the Broadwalk, the location between Fort Lauderdale and Miami, haven’t changed. What’s changed is the cost structure underneath certain segments of the housing stock, and that’s created real opportunity for buyers who do their homework and real risk for sellers who don’t price to today’s reality.

If you’re trying to figure out exactly what your specific situation looks like, whether that’s a canal-front listing in Hollywood Lakes or a condo two blocks from the Broadwalk, message me with your address or your target neighborhood and I’ll walk you through the real comps, not the automated estimate.

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Straight answers

Frequently Asked Questions

Is Hollywood, Florida a buyer's market or a seller's market in 2026?

It depends on the property type. Condos and townhomes in Hollywood are firmly in buyer's market territory with months of supply well above six, while single-family homes are more balanced and, in well-located sections, still favor sellers.

Are Hollywood home prices dropping in 2026?

Prices aren't collapsing, but they've stopped climbing the way they did from 2021 to 2023. Condos have softened the most because of rising insurance and HOA costs, while single-family homes in desirable sections have held their value with longer time on market.

Why are condo prices so much softer than single-family homes in Hollywood?

Older condo buildings are absorbing the cost of Florida's post-Surfside structural inspection and reserve funding requirements, which is showing up as special assessments and higher HOA dues. That's pushing buyers toward newer buildings or away from condos entirely, which increases supply and softens pricing.

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