Novato Housing Market Report April 2025•Marin County, California

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Housing Prices in Novato, CA

How much do homes in Novato, CA cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Novato is a Seller's Market

Difference Since April 2024

Since last year, Novato has remained a Seller's Market.

Insight

Novato is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$1,125,000$595/SqFt
+$88,333
+8.5%

Based on all homes sold in the last 12 months

Insight

Homes in Novato have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in Novato was $1,125,000 in April 2025, up 8.5% from last year, and the median price per square foot was $595.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Novato
+8.5%
Northwest Marin
-2.0%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$342K$402.7K
+17.8%
2$607K$575K
-5.3%
3$955K$1.0M
+7.3%
4$1.2M$1.3M
+6.4%
5$1.6M$1.8M
+11.4%

Summary: Novato housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +17.8%. The home price for 2 bedroom homes decreased by -5.3%. The home price for 3 bedroom homes increased by +7.3%. The home price for 4 bedroom homes increased by +6.4%. The home price for 5 bedroom homes increased by +11.4%.

How does Novato, CA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Novato, CA

Housing supply in Novato, CA

How many homes are available in Novato, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
168Last MonthApr 2025
1362 months agoMar 2025
+23.5 %
Change MoMMar – Apr

Summary: The Novato real estate market had 168 homes for sale in Apr 2025, a 23.5 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
42Last MonthApr 2025
402 months agoMar 2025
+5.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
144
0.0%
34758
+23.4%
51314
+7.7%
22832
+14.3%
44460
+36.4%

Summary: Novato housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +23.4%. The inventory for 5 bedroom homes increased by +7.7%. The inventory for 2 bedroom homes increased by +14.3%. The inventory for 4 bedroom homes increased by +36.4%.

Asking Price vs. Sold Price

How much do homes in Novato, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price20 Homes

At Asking Price6 Homes

Under Asking Price16 Homes

Insight

If you're buying a home in Novato, you could pay more than the asking price. 47.6% of homes here sold above asking price last month.

Summary: A total of 42 homes were sold or pending in Novato in April 2025, up by 5.0% month-over-month. Of the 42 sold homes, 38% were sold under asking, 14% were sold at asking, and and 48% were sold over asking.

Days on Market for Novato, CA

How long does it take to sell a home in Novato, CA?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Many homes in Novato are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 42 homes were sold in Novato; 2% of homes were sold within 30 days, 2% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
26 DaysThis YearApr 2025
158 Days1 year agoApr 2024
-83.5 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Novato had an average listing age of 26 days in Apr 2025, down by 83.5% compared to the previous year.

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Newest Listings in Novato, CA

What homes are available in Novato, CA?

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MLS Disclaimers and Copyright

Based on information from Bay Area Real Estate Information Services Inc., San Francisco MLS, and California Regional MLS for the period 05/01/2023 - 05/01/2025

IDXCopyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 7:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 7:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 7:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.