Novato Housing Market Report – September 2026

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

Market Snapshot

  • Homes Sold: 60
  • Median Sale Price: $1,000,000
  • Average Sale Price: $1,067,367
  • Average Price Per Sq Ft: $600
  • Average Days on Market: 57
  • Sale-to-List Price Ratio: 100.6%

Month-Over-Month Trends

Compared to August, the median sale price in Novato moved 4.8% down (from $1,050,000 to $1,000,000). The number of homes sold was 7.7% down compared to the prior month (65 vs. 60). Average days on market shifted 3.4% down (59 days to 57 days).

Year-Over-Year Comparison

Compared to September 2025, the median sale price is 5.0% up (from $952,500 to $1,000,000). Sales volume is 30.4% up year-over-year.

Novato Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
94947 27 $1,000,000 $571 63
94949 17 $1,165,000 $633 43
94945 16 $957,500 $612 69

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 42 $1,182,000 $668
CONDOS 8 $491,000 $473
TOWNHOMES 6 $720,250 $442
CONDO 2 $522,500 $476
MOBILE 2 $320,000 $298

Sales by Price Range

Price Range Homes Sold
$300K - $399K 3
$400K - $499K 5
$500K - $749K 9
$750K+ 43

Current Active Listings

As of this report, there are 226 active listings in Novato with a median asking price of $1,034,000 and an average of 62 days on market.

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