Home Value per Square Foot
Find the price per square foot of a home listing.
About Home Value per Square Foot
Dividing the price by the living area gives the per-square-foot cost used to compare listings. The implied monthly assumes a 30-year mortgage at a fixed 6 percent rate. Per-square-foot comparables are the fastest way to gauge whether a listing is priced fairly against its neighbors.
Formula
Home Value per Square Foot
Price/sq ft = price / area; implied monthly from a 30-year loan
- living area
- The home's livable square footage
Worked example
With the default values below, Home Value per Square Foot returns Price per Square Foot of $194.44. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Listing priceminimum 0
- 350,000
- Living areaminimum 0.01 sq ft
- 1,800 sq ft
Results
- Price per Square Foot
- $194.44
- Price per Square Meter
- $2,092.98
- Implied Monthly (30yr/6%)
- $1.17
Step by step
- 1Values used
- 2Home Value per Square Foot
- 3Price per Square Foot= 194.44
- 4Price per Square Meter= 2,092.98
- 5Implied Monthly (30yr/6%)= 1.17
Assumptions and limits
- The result is derived only from the 2 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How is Home Value per Square Foot calculated?
Price/sq ft = price / area; implied monthly from a 30-year loan Dividing the price by the living area gives the per-square-foot cost used to compare listings. The implied monthly assumes a 30-year mortgage at a fixed 6 percent rate.
Why does Home Value per Square Foot matter?
Per-square-foot comparables are the fastest way to gauge whether a listing is priced fairly against its neighbors.
What values do I need to enter?
This calculator takes 2 inputs: Listing price, Living area. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.