Home prices
Novato's median home value is $782,500. It is roughly $142,160 (15%) lower in comparison to its surrounding areas.In comparison to the nation as a whole it is approximately $565,000 (259%) higher, and in comparison to the city of San Francisco is roughly $315,300 (28%) lower.
Rents
In Novato the median rent is $2,045 a month. This is approximately $134 (7%) higher in comparison to the surrounding areas.In comparison to the nation as a whole it is roughly $983 (92%) higher, and it is roughly $150 (7%) higher in comparison to the city of San Francisco.
Nearby places
Black Point-Green Point
Black Point-Green Point is Novato's neighbor to the northeast. The real estate prices there are a little more expensive. The median home in Black Point-Green Point costs $991,300, which is $208,800 (21%) higher than Novato. Its rents are somewhat more expensive. The median monthly rent in Black Point-Green Point is $2,236, which comes out to $191 (8%) higher than Novato.
Lucas Valley-Marinwood
Lucas Valley-Marinwood is Novato's neighbor to the south. The housing prices there are a little more expensive. The value of the median home in Lucas Valley-Marinwood is $976,900, which is $194,400 (19%) higher than Novato. Its rents are a bit more expensive. Lucas Valley-Marinwood's median rent is $2,615 per month, which comes out to $570 (21%) higher than Novato.
Santa Venetia
Santa Venetia is roughly 6 miles southeast from Novato. Housing prices there are fairly similar. Santa Venetia's median home price is $798,500, which comes out to $16,000 (2%) higher than Novato. Its rents are significantly less expensive. The median rent in Santa Venetia is $1,417 per month, which works out to $628 (44%) lower than Novato.
Woodacre
Woodacre is roughly 7 miles southwest of Novato. Its housing prices are a little more expensive. The median home price in Woodacre is $933,500, which is $151,000 (16%) higher than Novato. Rent there is substantially less expensive. In Woodacre the median rent is $1,349 a month, which comes out to $696 (51%) lower than Novato.
San Rafael
San Rafael is about 7 miles south of Novato. Real estate prices there are a little more expensive. The median home in San Rafael costs $923,100, which works out to $140,600 (15%) higher than Novato. Its rents are a bit less expensive. In San Rafael the median rent is $1,937 a month, which comes out to $108 (5%) lower than Novato.
