Novato Housing Market Report – June 2026
Here's a look at how the Novato, CA real estate market performed in June 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 77
- Median Sale Price: $1,125,000
- Average Sale Price: $1,184,717
- Average Price Per Sq Ft: $595
- Average Days on Market: 56
- Sale-to-List Price Ratio: 102.9%
Month-Over-Month Trends
Compared to May, the median sale price in Novato moved 4.7% up (from $1,075,000 to $1,125,000). The number of homes sold was 11.6% up compared to the prior month (69 vs. 77). Average days on market shifted 12.5% down (64 days to 56 days).
Year-Over-Year Comparison
Compared to June 2025, the median sale price is 4.7% down (from $1,180,000 to $1,125,000). Sales volume is 63.8% up year-over-year.
What This Means
Novato's housing market is showing healthy momentum heading into summer, with several encouraging signs beneath the surface. While the year-over-year median price dipped 4.7 percent to $1,125,000, this comparison is less meaningful given data collection improvements in recent months. What matters more is the month-over-month acceleration: median prices jumped 4.7 percent in just one month, homes are selling faster (down to 56 days from 64), and buyers are closing deals at nearly 3 percent above list price. This combination suggests genuine buyer interest and tightening inventory relative to demand.
The real story is velocity. Sales volume soared 11.6 percent month-over-month and 63.8 percent year-over-year, but more tellingly, homes are flying off the market quicker while maintaining strong price growth. The active inventory of 196 listings at a $999,000 median ask sits below asking prices of homes already sold, indicating fresh listings may be pricing competitively. Single-family homes dominate the mix, appealing to families seeking space in this desirable Marin County location.
For sellers, conditions are favorable but not frenzied. For buyers, competition is real but not overwhelming. The market appears balanced and steady rather than overheated, which typically signals sustainable pricing in the near term.
Novato Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 94947 | 28 | $1,156,567 | $596 | 54 |
| 94945 | 25 | $910,000 | $581 | 55 |
| 94949 | 24 | $1,342,000 | $608 | 59 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 62 | $1,227,500 | $617 |
| CONDOS | 7 | $445,000 | $493 |
| TOWNHOMES | 6 | $747,500 | $546 |
| CONDO | 1 | $515,000 | $522 |
| MOBILE | 1 | $419,000 | $312 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $300K - $399K | 2 |
| $400K - $499K | 7 |
| $500K - $749K | 7 |
| $750K+ | 61 |
Current Active Listings
As of this report, there are 196 active listings in Novato with a median asking price of $999,000 and an average of 51 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.
Thinking of selling in Novato? Get a cash offer.
Takes about 30 seconds. No obligation.