West Novato, Novato Housing Market

West Novato, Novato Market Snapshot

West Novato is a balanced market and tilting gently toward buyers. A good environment for thoughtful decisions on both sides:

Based on 12 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$1.17M
Down 2.9% from March 2025
Down $35K from March 2025
Homes Sold
12
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$7,190/mo
6.3% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$5,789
  • Property Tax$1,218
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
22.5 days
0 fewer days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
99.7%
Down from 101.3% in March 2025
Selling at or near asking price
% Sold Over Asking
50%
More than half of homes sold above their asking price
Active Listings
15
Up 400.0% from March 2025
About 1.3 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Down 2.9% year-over-year in West Novato. Based on 12 sales in the most recent month.
Homes Sold
20% fewer homes sold than a year ago in West Novato.
Total Monthly Payment
Estimated monthly cost is down 5% from a year ago in West 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 6.3%. Your actual rate depends on your credit, down payment, and loan type.
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.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?