Housing in Novato, CA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$977,500
Median List Price
$1,049,000
Price Per Sq Ft
$560
Days on Market
53
Active Inventory
62
Months of Supply
3.9
Seller's market
Zillow Home Value
$1,023,953
ZHVI — January 2026
Zillow Rent Index
$3,635
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
18.8%
Off Market in 2 Weeks
48.3%
Sale-to-List Ratio
98.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
51
Pending Sales
29
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$560
Median List $/SF
$567
Novato vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. Novato is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$1,007,100
Median Rent
$2,422
Total Housing Units
21,257
Vacancy Rate
3.9%
Owner Occupied
65.5%
Renter Occupied
34.5%
Median Property Tax
$7,895
per year
Monthly Cost (w/ Mortgage)
$2,831
Housing Types
The current median sale price in Novato, CA is $977,500 according to Redfin data. Homes spend a median of 53 days on the market. 18.8% of homes sold above asking price. The market has 3.9 months of supply. The median price per square foot is $560. Zillow's observed rent index is $3,635/month. About 65.5% of housing units are owner-occupied. The median year homes were built is 1974. There are 21,257 total housing units.