Novato, CA (94949) is a suburb of San Francisco and is known for its lovely views of rolling hills and lush greenery. The median housing value in Novato is $1,152,800 compared to the US median housing value of $338,100. In the last year, the US house appreciation rate was 8.27% whereas Novato's appreciation rate was 6.39%. While Novato may be more expensive than some other areas in the country, it is still seeing an increase in value which makes it a desirable place for homeowners or potential buyers.
The median home cost in Novato (zip 94949) is $1,152,800. Home appreciation the last 10 years has been 108.2%. Home Appreciation in Novato (zip 94949) is up 15.4%.
Average Age of Homes
- The median age of Novato (zip 94949) real estate is 38 years old
The Rental Market in Novato (zip 94949)
- Renters make up 34.5% of the Novato (zip 94949) population
- 0.6% of houses and apartments in Novato (zip 94949), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.