Hollywood, MN housing market
Home prices around Hollywood have risen about 38% over the past 5 years.
Home values, sales, trends and how Hollywood compares with the towns next door — updated as new data is published.
Home prices up 38% in 5 years
The federal house price index for the ZIP codes around Hollywood rose 38% over the past 5 years, about the same as across Minnesota. Last year prices rose 3.8%.
Show as a table
| Year | Change that year | Since 2000 | Minnesota since 2000 |
|---|---|---|---|
| 2025 | +3.7% | +123% | +127% |
| 2024 | +7.3% | +114% | +120% |
| 2023 | +3.2% | +100% | +113% |
| 2022 | +12% | +94% | +104% |
| 2021 | +6.9% | +73% | +82% |
| 2020 | +4.1% | +62% | +66% |
| 2019 | +3.6% | +55% | +61% |
| 2018 | +3.9% | +50% | +55% |
| 2017 | +9.3% | +44% | +46% |
| 2016 | +4% | +32% | +38% |
| 2015 | +7.2% | +27% | +32% |
| 2014 | +1.8% | +18% | +28% |
| 2013 | +9.4% | +16% | +21% |
| 2012 | +0.3% | +6.3% | +16% |
| 2011 | −9.5% | +6% | +18% |
| 2010 | −8.6% | +17% | +25% |
| 2009 | −11% | +28% | +33% |
| 2008 | −4.8% | +44% | +42% |
| 2007 | +0.1% | +51% | +48% |
| 2006 | −0.2% | +51% | +49% |
| 2005 | +9% | +51% | +45% |
| 2004 | +9.6% | +39% | +34% |
| 2003 | +5.6% | +27% | +23% |
| 2002 | +8.4% | +20% | +18% |
| 2001 | +11% | +11% | +9.2% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 55360, 55367, 55388, 55395, covering 72% of Hollywood’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Hollywood and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Hollywood | — | +3.8%† | $1,660 | — | $83,917 |
| New Germany | $396K | +5.1% | $1,520 | 0 | $93,864 |
| Watertown | $376K | +2.4% | $1,570 | — | $107,500 |
| Winsted | $288K | +1.9% | $1,310 | — | $104,375 |
| Woodland | — | +3.4%† | $1,540 | — | $96,563 |
| Camden | — | −0.3%† | $1,580 | — | $120,417 |
| Mayer | $392K | +2.7% | $1,830 | 8 | $124,917 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,660
HUD's Fair Market Rent for a two-bedroom in Hollywood is $1,660 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Hollywood pay a median of $1,260, so moving in tends to cost more than staying put.
Studio $1,210 · 4 bedrooms $2,470
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55360, 55367, 55388, 55395; Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.