Why Live in Hollywood
Hollywood, a historic neighborhood in East Portland, is named after the landmark Hollywood Theater at its center. The area is divided by Sandy Boulevard, with retail and commercial spaces along the thoroughfare and residential blocks surrounding it. Homebuyers will find a mix of well-updated bungalows, Craftsman-style homes, American Foursquare homes, and newer townhouses and condominiums. The neighborhood is known for its strong sense of community, with residents actively participating in Neighborhood Watch activities. Hollywood features street murals and hosts the Hollywood Farmers Market every Saturday, offering over 50 vendors, live music, and family activities. Despite some challenges like homelessness, the neighborhood's real estate prices remain relatively accessible. Popular things to do include visiting the Hollywood Theatre for new, classic, and independent films, shopping at quirky retailers like Crooked House Books and Ray’s Ragtime, and dining at top-quality restaurants such as Doe Donuts, The Bulgogi, and Chin’s Kitchen. For groceries, residents frequent Whole Foods, Target, Trader Joe’s, and Grocery Outlet. While Hollywood lacks parks, nearby Grant Park offers trails, athletic fields, and a swimming pool. The neighborhood is served by Beverly Cleary School and Grant High School, both highly rated. Interstate 84 and three MAX Light Rail lines provide convenient transportation options, though driving may be faster for some commutes.
Home Trends in Hollywood, OR
On average, homes in Hollywood, Portland sell after 91 days on the market compared to the national average of 70 days. The median sale price for homes in Hollywood, Portland over the last 12 months is $169,000, down 51% from the median home sale price over the previous 12 months.
Median Sale Price
$169,000
Median Single Family Sale Price
$169,000
Average Price Per Sq Ft
$219
Number of Homes for Sale
1
Last 12 months Home Sales
6
Median List Price
$165,900
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
-51%