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Bahia Bel Marin (Lagoon) Black Point Central Downtown Historic Novato (Old Town) Midwest Miwook (Simmons) Northeast Northwest Partridge Knolls San Marin San Ramon Southeast Stonetree

NOVATO, CA 94945

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 94945

Bahia · Bel Marin (Lagoon) · Black Point · Central · Downtown · Historic Novato (Old Town) · Midwest · Miwook (Simmons) · Northeast · Northwest · Partridge Knolls · San Marin · San Ramon · Southeast · Stonetree

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NOVATO, CA real estate market (94945) currently shows 41 active listings, with 15 pending sales. Homes are averaging 26 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are selling faster, averaging 26 days on market compared to 31 days last year.

The median listing price has fallen 1.6% year-over-year, from $1,100,000 to $1,082,250.

Whether you are buying or selling in NOVATO, CA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,309  ·  Density: 286.8/mi²  ·  Median household income: $115,000

Typical home value: $1,037,910  ·  Homeownership: 73.1%

Market Overview

Active Listings
41
⇧ 57.7% vs 26 last year
Pending
15
37% pending ratio
Median Price
$1,082,250
⇩ 1.6% vs $1,100,000 last year
Average Price
$1,163,231
⇩ 5% vs $1,224,374 last year
Days on Market
26
⇩ 16.1% vs 31 days last year

Price Per Square Foot

Median $/sqft
$584
⇩ 0.5% vs $587/sqft last year
Median Home Size
2,005 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 41 this year vs 26 last year
  • Days on market: 26 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $1,082,250 (-1.6% YoY)
  • Average: $1,163,231 (-5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.4 miles — 309 listings ($546,526,863 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
94945Novato, CA 949450.0 mi25$29,167,975$1,206,250$1,166,719
94949Novato, CA 949494.3 mi29$35,208,523$1,124,000$1,214,087
94946Nicasio, CA 949468.2 mi6$31,240,002$4,997,500$5,206,667
94960San Anselmo, CA 949609.0 mi20$32,191,320$1,323,000$1,609,566
95476Sonoma, CA 9547610.3 mi113$236,700,083$1,299,500$2,094,691
94933Forest Knolls, CA 9493310.4 mi1$918,000$918,000$918,000
94957Ross, CA 9495711.2 mi1$3,342,500$3,342,500$3,342,500
94904Greenbrae, CA 9490412.3 mi9$16,193,997$1,142,000$1,799,333
94592Vallejo, CA 9459213.2 mi3$2,241,000$747,000$747,000
94941Mill Valley, CA 9494114.1 mi34$65,814,582$1,784,500$1,935,723
94951Penngrove, CA 9495114.5 mi5$13,445,000$2,200,000$2,689,000
94801Richmond, CA 9480115.3 mi55$29,461,025$502,000$535,655
94970Stinson Beach, CA 9497015.4 mi8$50,602,856$6,498,000$6,325,357

Frequently Asked Questions

How many homes are for sale in NOVATO, CA 94945?

As of March 2026, there are 41 active listings in NOVATO, CA (zip code 94945), compared to 26 the prior year.

What is the median home price in NOVATO, CA 94945?

The median listing price in NOVATO, CA 94945 is $1,082,250 as of March 2026, a 1.6% decrease from $1,100,000 the prior year.

How long do homes stay on the market in NOVATO, CA?

Homes in NOVATO, CA 94945 spend an average of 26 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in NOVATO, CA 94945?

Based on current inventory and days-on-market data as of March 2026, NOVATO, CA 94945 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 26 days on market compared to 31 days last year.

How much can I save on real estate commission in NOVATO, CA?

With SELL123.com's maximum 3% commission, sellers in NOVATO, CA 94945 save an estimated $21,645 compared to a typical 5% commission on the median listing price of $1,082,250. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.