Why Live in Hollywood
Hollywood in Lexington, KY, is a community-centered neighborhood situated between the Chevy Chase area and the University of Kentucky. Known for its suburban feel and diverse population, Hollywood offers a blend of quiet residential streets and convenient access to shopping and dining. Residents enjoy local eateries like Brevede Coffee, Josie’s, Bourbon n’ Toulouse, and Athenian Grill, with many opting for take-out to enjoy in nearby Woodland Park. The neighborhood is characterized by historic homes, including Cape Cods, Craftsman bungalows, and classical revivals, many built in the early 1900s, featuring unique architectural details. Homes here are priced higher than the Lexington average, reflecting the desirable location and proximity to amenities.
Hollywood is walkable and close to popular parks such as the State Botanical Garden of Kentucky and Woodland Park, offering activities like tennis, swimming, and playgrounds for children. The neighborhood is also near highly rated schools, including Cassidy Elementary, Morton Middle, and Henry Clay High School, all of which receive high ratings. The annual Chevy Chase Street Fair on Euclid Avenue is a local highlight, featuring live music, arts, and crafts.
With its location just over a mile from downtown Lexington, Hollywood is convenient for professionals, including those working at the University of Kentucky and nearby hospitals. Major interstates 64 and 75 are about 10 miles away, providing easy access to Louisville and Cincinnati. The neighborhood's low crime risk compared to the national average adds to its appeal for families and professionals alike.
Frequently Asked Questions
Is Hollywood a good place to live?
Hollywood is a good place to live. Hollywood is considered car-dependent and bikeable with good transit options. Hollywood is a suburban neighborhood. Hollywood has 9 parks for recreational activities. It is somewhat dense in population with 6.2 people per acre and a median age of 33. The average household income is $92,075 which is below the national average. College graduates make up 80.9% of residents. A majority of residents in Hollywood are home owners, with 48.9% of residents renting and 51.1% of residents owning their home. A
local real estate agent serving Hollywood can help you decide if this neighborhood is the right one for you. Learn more on our
Hollywood neighborhood guide.
How much do you need to make to afford a house in Hollywood?
The median home price in Hollywood is $719,950. If you put a 20% down payment of $144,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $3,660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $157K a year to afford the median home price in Hollywood. The average household income in Hollywood is $92K.
What are the best public schools in Hollywood?
The best public schools that serve Hollywood are:
What are the best private schools in Hollywood?
The best private schools that serve Hollywood are:
What are the most popular zip codes in Hollywood, Lexington, KY?
What are the most popular neighborhoods near Hollywood, Lexington, KY?
Are home prices dropping in Hollywood?
Yes, home prices in Hollywood are down 4% in the last 12 months.
Home Trends in Hollywood, KY
On average, homes in Hollywood, Lexington sell after 25 days on the market compared to the national average of 52 days. The median sale price for homes in Hollywood, Lexington over the last 12 months is $647,500, up 16% from the median home sale price over the previous 12 months.
Median Sale Price
$647,500
Median Single Family Sale Price
$707,500
Average Price Per Sq Ft
$274
Number of Homes for Sale
6
Last 12 months Home Sales
18
Median List Price
$719,950
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
16%