Northeast Novato, Novato Housing Market · 2026

Data through Mar 2026

Northeast Novato, Novato Market Snapshot

Northeast Novato is a balanced market, but competition has been picking up. Here's where things stand:

Based on 6 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.68M
Up 25.2% from March 2025
Up $338K from March 2025
Homes Sold
6
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$10,424/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$8,496
  • Property Tax$1,745
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
26 days
18 fewer days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
99.3%
Down from 100.7% in March 2025
Selling 1% below asking
% Sold Over Asking
50%
More than half of homes sold above their asking price
Active Listings
9
Up 12.5% from March 2025
About 1.5 months of supply. Very low, limited options for buyers

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Northeast Novato.

Median Sale Price
Up 25.2% year-over-year in Northeast Novato. Based on 6 sales in the most recent month.
Homes Sold
50% fewer homes sold than a year ago in Northeast Novato.
Total Monthly Payment
Estimated monthly cost is up 22% from a year ago in Northeast Novato, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Northeast Novato, Novato

Is now a good time to buy in Northeast Novato, Novato?

Northeast Novato, Novato is balanced but competition is picking up. It remains a reasonable environment for buyers, though acting decisively on well-priced homes is becoming more important.

How do Northeast Novato, Novato home prices compare to the Bay Area average?

At $1.68M, Northeast Novato, Novato's median is close to the Bay Area average of $1.88M.

Within Novato, this area trades about 36% above the city-wide median of $1.23M.

How competitive is Northeast Novato, Novato for buyers?

Northeast Novato, Novato is a balanced market where neither side dominates:

  • Homes sell about 0.7% below asking on average
  • 50% close above list price
  • 26 days typical time to go pending

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

What will my total monthly cost be on a median-priced Northeast Novato, Novato home?

At $1.68M with 20% down at 6.53%, your estimated total monthly cost is approximately $10,424:

  • $8,496 principal and interest
  • $1,745 property tax (California 1.25% effective rate)
  • $183 homeowners insurance

HOA fees are extra.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
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