Novato, CA Real Estate
According to census data in the year 2000 there were 18,975 housing units in Novato.
This represents a 1% growth from 18,782 in 1990.
Of those housing units, 18,867 were located in either urbanized areas or urban clusters, and 108 were located in what is classified as a rural area.
Homeownership rate in Novato is about 67.5%.
Novato's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.53 people.
The majority of houses, apartments or condos in Novato were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 9.80% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 37.20% |
| Four Bedrooms | 19.90% |
| Five Bedrooms or more | 4.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $381,400 |
| Median Price asked for vacant units | $475,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $1,149 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 12.30% |
| Home Equity Loan | 15.10% |
| Simple Mortgage | 53.10% |
| Debt Free | 18.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.6% |
