Price Per Square Foot Calculator

Divide a sale price, rent or lease by the floor area and see what you are really paying, or earning, for every square foot. This cost per square foot calculator also works backwards and lines up two or three homes side by side.

Contractors: price a floor, paint or remodel job by the square foot with your own rate and margin.

Compare two more properties or quotesPrice and area for a second and third option
Price per sq ft
$0

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    Quick answer

    Price per square foot is the total price ÷ the finished square footage, so a $450,000 home with 1,800 sq ft works out to $250 per sq ft. The US median listing price was $223 per sq ft in September 2026, from $147 in West Virginia to $717 in Hawaii. Count only finished, heated, above grade living space with ceilings of at least 7 feet; garages, unfinished basements and porches stay out of the figure.

    Price per square foot formula

    How to calculate price per square foot

    One division does the work: price ÷ area. This cost per square foot calculator runs it forwards or backwards, and the contractor tab multiplies instead of dividing, so the same rate turns into a job total.

    Price per sq ft buyers, sellers, rentersQuote by the sq ft contractors
    AreaFinished living area in sq ft, m² or sq yd (1 m² = 10.764 sq ft, 1 sq yd = 9 sq ft)Length × width (or wall height) × number of areas, plus any extra area and material allowance
    PriceSale price, monthly rent or annual leaseYour rate per sq ft, plus removal per sq ft and flat fees
    Rent and leaseMonthly rent ÷ area, or annual lease ÷ area; × 12 or ÷ 12 to switchNot used
    Working backwardsTotal price = rate × area; area = total price ÷ rateTotal = area × rate, before margin and tax
    ResultPrice per sq ft = total price ÷ area(Area × rate + removal + fees) ÷ (1 minus profit margin), then + sales tax

    Worked example 1: a $450,000 home with 1,800 sq ft of living area

    Sale price$450,000agreed or listed price
    ÷
    Living area1,800 sq ftfinished, above grade
    =
    Price per sq ft$250.0012% above the US median of $223

    Worked example 2: hardwood floor in a 15 × 12 ft room at $12 per sq ft

    Floor area180 sq ft15 ft × 12 ft
    ×
    Rate$12middle of $6 to $18 installed
    =
    Quote$2,160$1,080 to $3,240 across the usual range
    Use cases

    When to use this price per square foot calculator

    Any time two prices cover different amounts of space, the per square foot figure puts them on the same scale and leads to smarter real estate decisions.

    • Comparing homes in the same area: a bigger house almost always costs more in total, which tells you very little on its own. Divide each one by its living area and the cheaper home per square foot shows up straight away, even when its sticker price is the highest of the three.
    • Spotting an overpriced or undervalued listing: line it up against recent sales nearby.
    • Sellers setting a listing price: take the price per sq ft of homes that sold close by and multiply it by your own square footage. The Total price mode does that sum for you.
    • Investors weighing rental or resale potential: switch to monthly rent and see rent per sq ft next to the purchase price per sq ft.
    • Renting an office, shop or warehouse: commercial space is quoted per square foot per year, so check what a monthly figure from a landlord really means before you sign.
    • Checking a contractor's quote: divide the quote by the area being covered and hold it against the usual rate for that job. A flooring or paint quote far above the normal band needs a reason, such as removal of the old floor or heavy prep.
    • Quoting a job as a contractor: enter your rate and the room size on the second tab.
    • Checking listed square footage: an MLS figure can include a garage or unfinished space, so recount the finished area and rerun the number.
    Living area

    What square footage counts in price per square foot?

    Use finished, heated, above grade living space with a ceiling of at least 7 feet, measured from the outside walls. Garages, unfinished basements and porches stay out, even when a listing adds them in.

    SpaceHow it is treatedCounts?
    Finished roomsBedrooms, living rooms, kitchens, bathrooms and sunrooms that are heated and finished, plus closets, hallways and built ins.Yes
    Ceiling heightThe space needs a ceiling of at least 7 feet, or 6 feet 4 inches under beams and sloped ceilings.Yes, at 7 ft or more
    GarageLeft out of living area, attached or not.No
    BasementBelow grade space is not part of the main figure. A finished basement is usually left out unless it meets livable space standards.Usually no
    Porches, decks, balconiesOutdoor space stays out unless it is fully enclosed, heated and finished to the same standard as the house.No
    Attics and outbuildingsUnfinished attics and detached structures are not counted.No
    Lot sizeLand is valued on its own. The calculator only uses the built living area.No

    For offices and shops, pick one standard (gross, rentable or usable square feet) and use it for every property you compare.

    US prices

    Average price per square foot in the U.S.

    The median US home listed at $223 per sq ft in September 2026, on a median listing price of $419,250 and a median size of 1,825 sq ft. A year earlier it was $226. Your state moves the number far more than the national trend does.

    Lowest: West Virginia$147per sq ft
    US median$223per sq ft
    Highest: Hawaii$717per sq ft

    Median listing price per square foot by state, September 2026

    StatePrice per sq ftMedian listing priceCompared with US
    Alabama$166$325,00026% below
    Alaska$260$435,00017% above
    Arizona$260$459,90017% above
    Arkansas$167$318,74325% below
    California$456$725,000104% above
    Colorado$281$564,00026% above
    Connecticut$280$522,50026% above
    Delaware$232$484,9984% above
    District of Columbia$483$527,500117% above
    Florida$249$409,95012% above
    Georgia$187$389,75016% below
    Hawaii$717$732,450222% above
    Idaho$293$593,00031% above
    Illinois$187$324,95016% below
    Indiana$163$299,00027% below
    Iowa$174$284,90022% below
    Kansas$157$296,00030% below
    Kentucky$174$307,77522% below
    Louisiana$152$270,00032% below
    Maine$279$450,00025% above
    Maryland$229$425,0003% above
    Massachusetts$410$714,25084% above
    Michigan$188$299,90016% below
    Minnesota$197$379,90012% below
    Mississippi$151$292,25032% below
    Missouri$172$300,00023% below
    Montana$321$635,00044% above
    Nebraska$169$335,00024% below
    Nevada$267$480,00020% above
    New Hampshire$310$590,00039% above
    New Jersey$312$559,50040% above
    New Mexico$217$399,4753% below
    New York$378$605,00070% above
    North Carolina$212$400,0005% below
    North Dakota$174$370,70022% below
    Ohio$167$284,00025% below
    Oklahoma$163$296,64327% below
    Oregon$300$550,00035% above
    Pennsylvania$189$309,00015% below
    Rhode Island$379$569,90070% above
    South Carolina$200$359,94510% below
    South Dakota$204$375,0009% below
    Tennessee$221$429,4501% below
    Texas$181$355,76519% below
    Utah$253$579,00013% above
    Vermont$273$499,45022% above
    Virginia$234$455,9535% above
    Washington$340$639,47552% above
    West Virginia$147$259,99734% below
    Wisconsin$217$389,9003% below
    Wyoming$216$496,5003% below

    Listing prices, not sold prices. Pick your state under Compare with in the calculator to test a home against it.

    Urban, suburban and rural areas

    Type of marketTypical price per sq ft
    Rural$60 to $140
    Suburban$80 to $220
    Urban$150 to $450
    High cost cities$400 to well over $1,000
    Price drivers

    Why does price per square foot vary so much?

    Two homes of the same size can sit hundreds of dollars apart per square foot. Check these before you call one a bargain.

    FactorWhat changes the numberTypical effect
    LocationState and city carry the most weight.$147 in West Virginia to $717 in Hawaii
    Type of marketCities pack more value into each foot of floor than the countryside does, so the same house shape can change price several times over.Rural $60 to $140, urban $150 to $450
    Home sizeBigger homes usually land lower per square foot than smaller ones on the same street.A 3,000 sq ft home rarely costs twice a 1,500 sq ft one
    What was measuredMLS square footage can include a garage or unfinished space. Appraisers use above grade finished area only, which pushes the per foot price up when the extra space comes out.Recount before comparing
    Comparable salesListing prices are what sellers hope for.Use sold prices within half a mile and 20% of the size
    Condition and featuresLayout, upgrades and condition are not in the formula at all, so a renovated kitchen and a dated one look the same until you adjust for them.Compare like with like
    Measurement standardFor commercial space, gross, rentable and usable square feet give different answers.Use one standard for every property
    For contractors

    How much do contractors charge per square foot?

    Floors, paint and drywall are usually priced by the square foot. These are the usual 2026 bands; the Quote by the sq ft tab loads the middle of each one as a starting rate.

    JobTypical price per sq ftMeasured on
    Interior painting, whole home$1 to $4Floor area of the home
    Wall painting$1 to $2Wall surface
    Ceiling painting$1 to $2.50Ceiling surface
    Hardwood floor installation$6 to $18Floor area
    Laminate floor installation$1 to $4Floor area
    Carpet installation$2 to $8Floor area
    Vinyl plank installation, labor$3 to $10Floor area
    Tile installation, labor$4 to $32Floor or wall area
    Old floor removal$1 to $6Floor area
    Drywall installationAbout $2Wall and ceiling surface
    Finishing a basement$7 to $23Basement floor area
    Building a new houseAbout $203 on averageHome floor area

    Tile and stone run widest because the material itself ranges from a few dollars to dozens per square foot.

    For contractors

    How do contractors quote a job by the square foot?

    A square foot quote is only as good as the measurement under it. Most pricing mistakes happen before any rate is applied.

    1. Measure the real surfaceFloor jobs use length × width. Wall jobs use wall length × height, minus large openings if you price that way.
    2. Pick a rate per sq ftStart from your own past jobs and check it against the usual band for that work.
    3. Add a material allowanceCuts, pattern matching and spare boards all eat material. Put your own allowance on top of the measured area so the order covers the job.
    4. Price removal and prepTearing out an old floor is its own line.
    5. Add flat fees and marginTrip charges, permits and disposal do not scale with area, so keep them out of the rate. Then set the margin you need and add sales tax where it applies.
    6. Show the price per sq ftCustomers compare quotes per square foot, so print the effective rate on the quote.

    The Quote by the sq ft tab in the calculator runs these steps in order.

    Quoting floors and walls by the square foot? Be the contractor who picks up.

    Most of these jobs start with a caller asking "what do you charge per square foot?" while your hands are full of tile spacers or a roller. Miss that call and they ring the next name on the list. ServiceAgent answers every call day and night, gives your rates, books the measuring visit and sends the follow up. Run your own numbers in the ROI calculator.

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    FAQ

    Frequently asked questions

    Short answers on price per square foot for homes, rentals and contractor quotes.

    Book a free demo
    What does price per square foot mean?

    It is the cost of one square foot of a property: the total price divided by the finished living area. It lets you compare homes of different sizes on one scale.

    How do you calculate cost per sq ft?

    Divide the total price by the square footage. A $450,000 home with 1,800 sq ft is $450,000 ÷ 1,800 = $250 per sq ft. A cost per square foot calculator does the same sum and can also work back from a rate to a total price or an area.

    What is a fair price per square foot?

    It depends on where the home is. The US median listing price was $223 per sq ft in September 2026, but states run from $147 to $717. The fairest test is recent sold prices for similar homes within about half a mile.

    Is price per square foot the best way to value a home?

    It is a quick screen, not a valuation. The figure ignores location within a town, layout, condition and upgrades, so use it to shortlist homes and let comparable sales or an appraisal settle the price.

    Do larger homes always have a lower price per square foot?

    Often, not always. Larger single family homes tend to land lower per square foot than smaller ones nearby, and a 3,000 sq ft home rarely costs twice what a 1,500 sq ft home does.

    How can buyers and sellers use price per square foot?

    Buyers divide each listing by its living area to see whether a home is priced fairly against the market. Sellers take the price per sq ft of nearby sold homes, multiply it by their own square footage and use that as a starting point for a competitive listing price.

    Does this calculator account for lot size?

    No. It only uses the built living area you enter. Land value is separate, so two homes with very different lots can show the same price per square foot.

    Is price per square foot reliable in every market?

    No. It works best where homes are similar. In rural areas ($60 to $140 per sq ft) and luxury or high cost city markets ($400 to well over $1,000), unique homes make the average a weak guide.

    Can price per square foot help investors?

    Yes. Pair the purchase price per sq ft with rent per sq ft to judge rental or resale potential. Commercial rent is quoted per square foot per year: 1,500 sq ft at $30 per sq ft a year is $45,000 a year, or $3,750 a month.

    Can you build a house for $125 per square foot?

    That is well under the national average of about $203 per sq ft to build a home, so expect it only on a small or very basic build. Get local bids and check what each one includes per square foot.

    Who worked on this
    Headshot of Shaambhav Shankar
    Written byShaambhav ShankarGrowth and Product Marketing, ServiceAgent

    Leads growth and product marketing for ServiceAgent at SaaS Labs, where he has worked in product marketing since 2020. Writes ServiceAgent's coverage of AI call answering, CRM and home services operations.

    Published by ServiceAgent, the AI front office for home service teams. Results are estimates for comparison only. Property values depend on location, condition and the exact area measured, and job prices depend on local rates and site conditions. Get an appraisal or a written quote before you rely on a figure.