Home ValuePros

Market Intelligence · CA / Novato

Novato, CA 94945 Housing Market

The typical home value in Novato's 94945 ZIP is $1,080,761, up 0.4% over the past year. The median list price sits at $1,171,500, with homes taking a median 43 days on market.

Updated August 2026Median value$1081K

The median home value in Novato, CA 94945 is $1.08M as of August 2026, up 0.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 94945 range

$994K to $1.17M

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.4% over 12 months

Typical home value in 94945 over the last 12 months: $1.08M in Jul 2025 to $1.08M in Jul 2026 (+0.4%).

Jul 2025$1.08M

Jul 2026$1.08M

The numbers

What is the 94945 housing market like?

Typical home value

$1.08M

Up0.4%YoY

Median list price

$1.17M

Up17.8%MoM

Days on market

43

Up30.3%MoM

Homes for sale

30

Up25.0%MoM

Price cuts

12.5%

Down16.3%MoM

New listings

20

Up66.7%MoM

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

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The comparison

How do 94945 home prices compare?

  • 94945$1,080,761
  • Novato$1,080,761
  • California$702,086
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Novato: 3 ZIPs; California: 1,543 ZIPs; United States: 26,266 ZIPs).

Context

There are currently 30 homes for sale in 94945, with 20 new listings as of early August. The median time on market of 43 days reflects a steady pace of activity. About 12.5% of listings have seen a price cut, suggesting some sellers are adjusting expectations. For homeowners considering a sale, the modest appreciation and moderate inventory mean you're in a balanced market where pricing strategy matters.

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20% · $216,152

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