Price Per Square Foot Calculator
Want to know how much you're paying—or earning—per square foot? Use our free calculator to instantly determine the price per square foot of a property based on sale price and square footage. Perfect for comparing homes or evaluating investment potential.
Price Per Square Foot Formula
This formula helps standardize home comparisons across different sizes and markets.
How this price per square foot calculator works
Simply enter the property's price and square footage. The calculator divides the total cost by size, giving you the cost per square foot. This figure is widely used by buyers, sellers, and real estate professionals to compare properties more accurately.
When to use this price per square foot calculator
To compare multiple homes in the same area
To evaluate if a property is overpriced or undervalued
For sellers setting competitive listing prices
For investors analyzing rental or resale potential
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Average Price Per Square Foot in the U.S.
Average price per square foot varies significantly by state and city. For example:
National Average (2024)
Urban areas
Suburban areas
Rural areas
Always compare against local benchmarks for accuracy.
Frequently Asked Questions
It shows the cost of one square foot of property, helping you compare values across homes.
It's useful but doesn't consider features like location, layout, or upgrades.
Often yes, since land and materials scale differently, but not always.
Sellers use it to set competitive listing prices compared to similar homes.
Buyers can identify if a property is priced fairly relative to the market.
No, it only considers built square footage. Land value is separate.
No, in luxury or rural markets, it may be less accurate due to unique property traits.
Yes, it helps quickly analyze rental or resale value potential.