The story of this market
The typical home in ZIP 33020 sells for about $450,000.
Prices are down 8.6% from a year ago, which gives buyers more room to negotiate. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,536 a month.
ZIP 33020 — Hollywood
The 33020 housing market is currently experiencing a cooling phase with a year-over-year price decline of 8.6%. High affordability pressures and a low market competitiveness score suggest a challenging environment for buyers, while inventory remains relatively tight.
Median prices moved down 8.6% year over year.
Homes spend a median of 33 days on market with 1.4 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.3% · poverty 19.8% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 33020, Broward County FL
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Florida) — Statewide Uniform Property Tax Lien Priority & Tax Deed Sale Enforcement: Unpaid real ad valorem and non-ad valorem taxes become a first-priority sovereign lien on January 1 of the tax year, superior to all mortgages and private liens. If unpaid by April 1 following the tax year, tax certificates are sold via competitive bidding under § 197.432. State (Florida) — Community Development District (CDD) Special Assessment & Financing Lien Mandate: Binds the parcel to non-ad valorem assessments levied directly by the CDD board to fund infrastructure bonds (capital assessments) and operations/maintenance (O&M assessments). State (Florida) — Florida Constitutional Homestead Exemption & Save Our Homes (SOH) Assessment Cap: Reduces taxable value by up to $50,000: base $25,000 exemption applies to all taxing authorities (including school districts); second $25,000 exemption applies to assessed value between $50,000 and $75,000 for non-school millage. State (Florida) — Florida Ad Valorem Real Property Assessment & Tax Mechanics: Parcels are assessed annually at 100% just value (market value) as of January 1 by county property appraisers. Tax formula: Tax Bill = (Taxable Value / 1,000) * Total Levied Millage Rate. Assessed Value = Just Value - Assessment Limitations.
Data retrieved from U.S. Census Bureau ACS 5-year estimates for ZCTA 33020.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).