The Hollywood neighborhood in Portland, Oregon, offers a rich tapestry of historic charm and modern convenience, attracting prospective homebuyers with its diverse real estate options. While the area is renowned for its historic bungalows and Craftsman-style homes, multi-family opportunities exist, though they are less prominent. The neighborhood features a blend of early 20th-century architecture and contemporary townhouses and condominiums, often with unique street-level retail spaces. Real estate trends indicate that historic homes, like American Foursquares, appeal to many due to leveled prices amidst urban challenges. The average home value in Hollywood stands at approximately $599,448, with a competitive market where homes typically sell after 21 days. The neighborhood boasts a strong sense of community and access to reputable schools, such as the highly-rated Beverly Cleary School and Grant High School. With its vibrant cultural scene, including the iconic Hollywood Theater and a weekly farmers market, Hollywood remains a compelling choice for buyers seeking a dynamic urban lifestyle within Portland, Multnomah County.
