Novato Housing Market Report – August 2026

Here's a look at how the Novato, CA real estate market performed in August 2026, based on actual sold data from the MLS.

Market Snapshot

Homes Sold: 65
Median Sale Price: $1,050,000
Average Sale Price: $1,047,479
Average Price Per Sq Ft: $553
Average Days on Market: 59
Sale-to-List Price Ratio: 99.4%

Month-Over-Month Trends

Compared to July, the median sale price in Novato moved 12.1% down (from $1,195,000 to $1,050,000). The number of homes sold was 0.0% down compared to the prior month (65 vs. 65). Average days on market shifted 10.6% down (66 days to 59 days).

Year-Over-Year Comparison

Compared to August 2025, the median sale price is 5.0% up (from $1,000,000 to $1,050,000). Sales volume is 85.7% up year-over-year.

Novato Sales by Zip Code

Zip Code	Homes Sold	Median Price	Avg $/SqFt	Avg DOM
94947	26	$1,142,500	$604	51
94949	20	$837,500	$506	77
94945	19	$1,050,000	$533	53

Sales by Property Type

Property Type	Homes Sold	Median Price	Avg $/SqFt
SINGLE_FAMILY	42	$1,198,500	$629
CONDOS	14	$557,475	$443
TOWNHOMES	4	$819,000	$491
MOBILE	3	$249,500	$201
MULTI_FAMILY	2	$1,560,000	$390

Sales by Price Range

Price Range	Homes Sold
$200K - $299K	3
$300K - $399K	3
$400K - $499K	3
$500K - $749K	7
$750K+	49

Current Active Listings

As of this report, there are 227 active listings in Novato with a median asking price of $999,000 and an average of 58 days on market.

Thinking About Selling Your Novato Home?

If you're a homeowner in Novato considering selling, you have options. While the traditional market is one route, selling directly for cash can save you time, commissions, and the hassle of repairs and showings. We buy houses in Novato and throughout Marin County — get a no-obligation cash offer today.