Why Live in Hollywood Homes
Hollywood Homes in Norfolk is a neighborhood characterized by tall, lush trees and walkable streets, located 7 miles east of Norfolk and 13 miles west of Virginia Beach. The area is convenient for commuters with easy interstate access and proximity to Virginia Wesleyan College and Virginia State University, making it popular among students and young professionals. The neighborhood features a mix of bungalows and ranch-style homes with manicured lawns, as well as newly constructed colonial-style homes with fenced yards. Children in Hollywood Homes attend highly rated schools, including Diamond Springs Elementary and Bayside High. Local features include Lake Edwards Park, which offers waterfront relaxation and a playground, and Poplar Hall Park, known for its frisbee golf and sports fields. Residents can commute using the Hampton Roads Transit bus system and shop at nearby Costco Wholesale, TJ Maxx, and Anas Halal Grocery. Dining options include Tubby’s Hot Dogs and Mongolian Barbecue. Norfolk International Airport is just 5 miles away, and the waterside district in Virginia Beach, with its shops, restaurants, and seasonal events like Harborfest, is a popular weekend destination.
Frequently Asked Questions
Is Hollywood Homes a good place to live?
Hollywood Homes is a good place to live. Hollywood Homes is considered car-dependent and bikeable with some transit options. Hollywood Homes is a suburban neighborhood. Hollywood Homes has 6 parks for recreational activities. It is fairly sparse in population with 4.4 people per acre and a median age of 41. The average household income is $84,092 which is below the national average. College graduates make up 22.6% of residents. A majority of residents in Hollywood Homes are home owners, with 22.9% of residents renting and 77.1% of residents owning their home. A
local real estate agent serving Hollywood Homes can help you decide if this neighborhood is the right one for you. Learn more on our
Hollywood Homes neighborhood guide.
Is Hollywood Homes, VA a safe neighborhood?
Hollywood Homes, VA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Hollywood Homes?
The median home price in Hollywood Homes is $1,675,000. If you put a 20% down payment of $335,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $8,660 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $371K a year to afford the median home price in Hollywood Homes. The average household income in Hollywood Homes is $84K.
What are the best public schools in Hollywood Homes?
The best public schools that serve Hollywood Homes are:
What are the best private schools in Hollywood Homes?
The best private schools that serve Hollywood Homes are:
- St Gregory The Great School has an A+ Niche grade, a student teacher ratio of 12:1 and an average review score of 4.5.
- Norfolk Academy has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.5.
- Gateway Christian School has a B Niche grade, a student teacher ratio of 15:1 and an average review score of 4.4.
What are the most popular zip codes in Hollywood Homes, Norfolk, VA?
What are the most popular neighborhoods near Hollywood Homes, Norfolk, VA?
Home Trends in Hollywood Homes, VA
On average, homes in Hollywood Homes, Norfolk sell after 12 days on the market compared to the national average of 70 days. The median sale price for homes in Hollywood Homes, Norfolk over the last 12 months is $529,500, up 24% from the median home sale price over the previous 12 months.
Median Sale Price
$529,500
Median Single Family Sale Price
$1,649,998
Median 1 Bedroom Sale Price
$288,000
Average Price Per Sq Ft
$453
Number of Homes for Sale
1
Last 12 months Home Sales
2
Median List Price
$1,675,000
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
24%