Hollywood, Hammond, IN
Hollywood — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Hollywood, Hammond, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Hollywood Neighborhood Overview
Hollywood is a residential neighborhood in Hammond, Indiana, offering a quiet, community-focused lifestyle. Located with the ZIP code 46324, it provides residents with a suburban feel while remaining part of a larger urban area. The neighborhood is characterized by its stable, primarily owner-occupied housing stock and convenient access to regional amenities.
Lifestyle & Amenities
Residents of Hollywood enjoy a lifestyle centered around local parks, neighborhood schools, and convenient shopping corridors. The area provides essential amenities within a short drive, supporting day-to-day needs. Its community atmosphere is ideal for families and individuals seeking a quieter setting within the city.
Real Estate Market
The Hollywood real estate market is defined by its affordability and high rate of homeownership. With a median home value of $132,800 and a median monthly rent of $1,061, the neighborhood represents an accessible entry point into the Northwest Indiana housing market. Approximately 69% of residents own their homes, contributing to the area's stability.
Schools & Education
Hollywood is served by the School City of Hammond district, which operates several public schools in the area. Families have access to local elementary, middle, and high school options. The neighborhood's median household income of $58,158 reflects a community that supports its educational institutions.
Transportation & Connectivity
The neighborhood benefits from excellent transportation links, including proximity to major thoroughfares like Indianapolis Boulevard and the I-80/I-94 Borman Expressway. This connectivity allows for straightforward commutes to Chicago and throughout the Calumet Region. Public transit options are also available for residents.
Why Choose Hollywood
Hollywood appeals to homebuyers and renters seeking an affordable, stable community with a strong sense of ownership. Its combination of reasonable housing costs, convenient location, and family-friendly environment makes it a practical choice in Northwest Indiana. The neighborhood offers a balanced lifestyle with the advantages of suburban living and urban accessibility.
Hollywood Market Data
| Metric | Value |
|---|---|
| Median Home Price | $133K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $58K |
| Homeownership Rate | 68.9% |
| Renter-Occupied | 31.1% |
| Rental Vacancy Rate | 1.5% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 46324 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Hollywood, Hammond
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Hollywood, Hammond, IN. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14