Home ValuePros

Market Intelligence · CA / Novato

Novato, CA 94947 Housing Market

A typical home in Novato's 94947 ZIP is valued at $1,023,862, up 1.6% over the past year. The median list price sits at $920,000, with homes spending a median of 54 days on market.

Updated August 2026Median value$1011K

The median home value in Novato, CA 94947 is $1.01M as of August 2026, up 2.3% 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 94947 range

$930K to $1.09M

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

+2.3% over 12 months

Typical home value in 94947 over the last 12 months: $988K in Aug 2025 to $1.01M in Aug 2026 (+2.3%).

Aug 2025$988K

Aug 2026$1.01M

The numbers

What is the 94947 housing market like?

Typical home value

$1.01M

Up2.3%YoY

Median list price

$920K

Down5.1%MoM

Days on market

54

Up35.0%MoM

Homes for sale

44

Down8.3%MoM

Price cuts

13.3%

Up3.0%MoM

New listings

20

Flat0.0%MoM

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

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The comparison

How do 94947 home prices compare?

  • 94947$1,010,600
  • Novato$1,062,295
  • California$694,777
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Novato: 3 ZIPs; California: 1,543 ZIPs; United States: 26,265 ZIPs).

Context

There are 44 homes for sale as of early August 2026, with 20 new listings recently hitting the market. The median time to sale of 54 days suggests moderate buyer activity. About 13.3% of listings have seen price cuts, which is a notable share in an otherwise modest appreciation environment. For sellers, the data points to a market where some properties move quickly while others require patience or price adjustment.

Monthly payment

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20% · $202,120

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