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Market Intelligence · CA / Marin County

Novato, CA home prices and housing market

3 ZIP markets liveData updated September 2026Typical value$1.06M1-yr changeUp0.9%

The typical home value in Novato, CA is $1.06M as of September 2026, up 0.9% from a year ago, based on the Zillow Home Value Index. In the typical Novato ZIP code, the median list price is $1.04M and homes spend a median of 30 days on market as of September 2026 (Realtor.com).

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The coverage

Novato, by the numbers.

Typical home valueZillow ZHVI, September 2026
$1.06M
1-yr changeMedian across Novato ZIPs
+0.9%
ZIP markets live4 tracked in Novato
3
County
Marin County

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12-month value trend

+0.9% over 12 months

Typical home value in Novato over the last 12 months: $1.05M in Sep 2025 to $1.06M in Sep 2026 (+0.9%).

Sep 2025$1.05M

Sep 2026$1.06M

Median Zillow home value index across Novato's ZIP codes.

Context

Novato's housing market is moving steadily in September 2026. Typical home values stand at $1,063,156, up 0.9% over the past year. There are 122 homes for sale with a median list price of $1,036,750. New listings number 64, and homes are spending a median of 30 days on market. About 22.5% of listings have seen a price cut. For homeowners considering a sale, the market is stable but not heated, meaning you'll need to price carefully and be prepared for realistic negotiations.

The numbers

What is the housing market like in Novato, CA?

Typical home value

$1.06M

Up0.9%YoY

Median list price

$1.04M

Days on market

30

Homes for sale

122

Price cuts

22.5%

New listings

64

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Novato's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Novato, CA home prices over time

Typical home values in Novato, CA are up 0.9% over the past year, from $1.05M in September 2025 to $1.06M in September 2026.

Typical home value in Novato, CA, September of each year
MonthTypical value1-yr change
September 2026$1,063,156+0.9%
September 2025$1,053,344No prior year

Typical value is the median Zillow Home Value Index across Novato ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Novato, CA a buyer's or seller's market?

Novato, CA leans toward a seller's market.

Homes are selling quickly, which usually gives sellers the stronger position.

Based on a median of 30 days on market and 23% of listings with a price cut in the typical Novato ZIP code, and 64 new listings against 122 active listings across Novato, as of September 2026 (Realtor.com).

The outlook

Novato housing market forecast 2027

+1.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 3 Novato ZIP codes, points to typical home values rising 1.5% by September 2027.

Over the 12 months through September 2026, typical home values in Novato rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in Novato?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Novato shows typical home values rising 1.5% by September 2027, after a 0.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 3 Novato ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Novato?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 Novato ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Novato, CA home prices.

What is a typical home worth in Novato?

The typical home value in Novato is $1,063,156 as of September 2026, up 0.9% over the past year.

How many homes are currently for sale in Novato?

There are 122 homes for sale in Novato as of September 2026, with a median list price of $1,036,750.

How long do homes typically stay on the market in Novato?

Homes in Novato spend a median of 30 days on market as of September 2026.

Are home prices going up or down in Novato, CA?

Typical home values in Novato, CA are up 0.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Novato, CA a buyer's or seller's market?

Novato, CA leans toward a seller's market. Homes are selling quickly, which usually gives sellers the stronger position. Based on a median of 30 days on market and 23% of listings with a price cut in the typical Novato ZIP code, and 64 new listings against 122 active listings across Novato, as of September 2026 (Realtor.com).

Nearby markets

More California housing markets.

The market is moving

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