Novato, CA Home Values & Market Trends
Real estate market trends reflect that there have been 636 transactions over the past year in Novato. The median value for residential home transactions that occurred over the previous year is $1,167,024. The number of current listings in Novato is 593, and the percentage of properties for sale in the city is 593.00%. Novato, CA currently has 22 properties in foreclosure, 3 bank owned properties, 4 properties headed for auction, and 593 properties for sale.
Novato, CA Real Estate Market Overview
Housing Market Summary for Novato, CA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $996.5K | $1M | 5.27% |
| Median Sold Price | $1.1M | $1.1M | 2.12% |
| Homes For Sale | 312 | 573 | 83.65% |
| Homes Sold | 475 | 360 | -24.21% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Novato, CA
Browse Homes in Novato, CA
Novato home values range from $306,121 to $4,450,000. The median estimated value of a home in Novato is $1,167,024. The median list price of a home is 1,049,000, and the total count of properties in the city is 993.
- Pre-ForeclosurePre-foreclosure homes account for 1.51% of all residential properties in Novato, CA with 94949 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Novato, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $1,835,611 in 94947 to the lowest home value of $346,635 in 94945.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Novato, CA ranges from the highest value of $1,450,000 in 94949 to the lowest value of $365,000 in 94945. Bank owned homes and properties account for 0.30% of properties in Novato, CA. There are 3 zips within Novato, CA; 94949 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions94945 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Novato, CA. Auction homes and other auction properties account for 0.40% of all properties in Novato, CA. There are 3 zips within Novato, CA; of those zips, the median estimated home value for homes going to auction ranges from $1,949,000 in 94947 to the lowest value of $1,019,000 in 94947.
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More Real Estate Resources for Novato, CA
Guide for Novato, CA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
