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Hollywood

Hollywood

Suburban Neighborhood in Memphis, Tennessee

Shelby County 38108
$76,470 Average Value
$62 Average Price per Sq Ft
18 Homes For Sale

Hollywood is a North Memphis neighborhood next to I-40

Hollywood is a residential neighborhood in North Memphis, just south of the Wolf River and Interstate 40. First developed in the early 20th century, the neighborhood now features homes with a median sale price well below the Memphis median. Hollywood locals often share deep roots, and many homes are passed down from generation to generation. A park and a community center serve as the heart of the neighborhood, and Downtown Memphis is less than 10 miles away.

The Wolf River winds through north Hollywood.
The Wolf River winds through north Hollywood.
Most homes in Hollywood are modest.
Most homes in Hollywood are modest.
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A median home sale price well below the city median

Most homes in Hollywood date back to the early or mid-1900s. “It’s older homes. There’s nothing new there,” says Frances Anderson, a Realtor and vice president with Crye-Leike Real Estate Services who has worked in Memphis for 25 years. Cottages, bungalows and duplexes are common, most selling for $25,000 to $175,000. The median sale price is roughly $50,000, around $150,000 below the city median, making the neighborhood one of the most affordable in Memphis. Anderson also says many homes in the neighborhood are generational, getting passed down rather than sold.

The Wolf River is an important local waterway that runs through Hollywood.
The Wolf River is an important local waterway that runs through Hollywood.
Many of Hollywood's residents have called the neighborhood home for decades.
Many of Hollywood's residents have called the neighborhood home for decades.
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Hollywood Park and Community Center in the heart of the neighborhood

Hollywood Park is the heart of the neighborhood. In addition to its playground and splash pad, the park is also home to the Hollywood Community Center, a neighborhood hub featuring:

  • An indoor gym and basketball court
  • Fitness classes like line dancing and zumba
  • Senior activities like board games and crafting
  • After-school programs
A branch of Memphis Public Libraries is right next door to the community center, and a portion of the Wolf River Greenway runs through Hollywood as well. Its paved trail follows the river, and there's a trailhead and parking in the neighborhood.

The Hollywood Community Center is a popular gathering space for the neighborhood.
The Hollywood Community Center is a popular gathering space for the neighborhood.
Hollywood is close to a number of parks, including Gooch Park.
Hollywood is close to a number of parks, including Gooch Park.
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Convenient commutes to Downtown Memphis via I-40

From Hollywood, you can easily hop on Interstate 40 to make the 8-mile drive to the city center. Fortunately, the highway isn’t so close that it disrupts daily life. “You have to drive down to go to the interstate,” Anderson says. “It’s not right by it.” The MATA bus system also has routes through the area. While most people work in Downtown Memphis or Midtown Memphis, there are some manufacturing and industrial employers a bit closer as well.

Hollywood is bordered on the north and west by I-40.
Hollywood is bordered on the north and west by I-40.
Hollywood is located close to downtown Memphis.
Hollywood is located close to downtown Memphis.
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Memphis-Shelby County schools and tuition-free charter schools

Hollywood is in the Memphis-Shelby County Schools district. The school system has an open enrollment policy, which allows students to apply to any school in the district. There are also public tuition-free charter schools across the city, including nearby KIPP Memphis Collegiate High School, which has dedicated STEM labs and science-focused extracurriculars.

Douglass K-8 School provides an elementary and middle school education to its Memphis students.
Douglass K-8 School provides an elementary and middle school education to its Memphis students.
Douglass High School is operated by Memphis-Shelby County Schools.
Douglass High School is operated by Memphis-Shelby County Schools.
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Restaurants and small markets on Chelsea Avenue

Most neighborhood restaurants are along Chelsea Avenue. 2 Star Jr. is a classic drive-in serving wings and burgers with picnic tables out front. Edna’s Diner is just down the street, serving breakfast and lunch from an unassuming shack. And just across Chelsea Avenue, Hollywood Fish Market is known for its fried catfish and cornbread. There are also fast-food spots like Church’s Texas Chicken. Small markets like Toarmina Grocery and gas station convenience stores make up pretty much all the shopping in Hollywood. The nearest supermarket is Kroger, about 3 miles away.

Hollywood residents do most of their grocery shopping in markets like Nite-N-Day Food Mart.
Hollywood residents do most of their grocery shopping in markets like Nite-N-Day Food Mart.
Chelsea Avenue is Hollywood's commercial corridor.
Chelsea Avenue is Hollywood's commercial corridor.
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Brendan Doyle
Written By
Brendan Doyle
Aaron Bloodworth
Photography Contributed By
Aaron Bloodworth
Houston Knight
Video By
Houston Knight

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Memphis International

18 min drive

Bus

Hollywood & Blue Rd

Bus

Chelsea Ave & Hollywood St

Bus

Chelsea & Hyde Park

Bus

Chelsea & Trezevant

Bus

Chelsea & Austin

Bus

Hollywood & Midway

Bus

Chelsea Ave & Carpenter

Reviews

Are you familiar with the Hollywood neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Hollywood US
Homicide 6 4
Sexual Assault 9 4
Assault with Weapon 9 4
Robbery 10 4
Burglary 4 4
Motor Vehicle Theft 5 4
Larceny 6 4
Crime Score 10 4

Source: WhatIsMyCrimeRisk.com

Hollywood Demographics and Home Trends

Housing Trends

Median List Price
$57,500
Median Sale Price
$51,602
Median Single Family Sale Price
$50,000
Median Change From 1st List Price
16%
Last 12 months Home Sales
24
Median Home Sale Price YoY Change
-13%
Average Price Per Sq Ft
$62

Neighborhood Facts

Number of Homes
1,573
Number of Homes for Sale
18
Median Year Built
1947
Months of Supply
9.00
Average Single Family Home Size Sq Ft
1,101
Significantly below the national average
1,930
Average Townhouse Size Sq Ft
1,162
Median Lot Size Sq Ft
5,227

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,755
Median Age
40
Population Density
2 ppl/acre
Population under 18
27.8%
On par with the national average
23.8%
Population over 65
21.7%
On par with the national average
19.1%

Finances

Median Household Income
$20,602
Significantly below the national average
$79,601
Average Household Income
$35,979

Education and Workforce

High School Graduates
69.1%
Below the national average
89%
College Graduates
6.7%
Significantly below the national average
34.1%
Advanced Degrees
2.3%
% Population in Labor Force
49.2%

Weather

Annual Precipitation
55''
Average Winter Low Temperature
34°F
Average Summer High Temperature
92°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®

42 / 100

Car-Dependent

Walk Score®

22 / 100

Some Transit

Transit Score®

29 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Hollywood
Reginald Harris
Harris Realty Services
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