Price Per Square Foot Calculator Formula

Understand the math behind the price per square foot calculator. Each variable explained with a worked example.

Use the Price Per Square Foot Calculator

Formulas Used

Price Per Square Foot

price_per_sqft = property_price / square_footage

Price Per 100 Sq Ft

price_per_100sqft = (property_price / square_footage) * 100

Variables

VariableDescriptionDefault
property_priceProperty Price(USD)350000
square_footageTotal Square Footage(sq ft)1800

How It Works

Calculating Price Per Square Foot

Price per square foot normalizes property values so you can make fair comparisons between homes of different sizes.

Formula

Price Per Sq Ft = Property Price / Total Square Footage

When to Use

  • Comparing similar properties in the same neighborhood
  • Determining if a listing price is reasonable
  • Estimating the value of an addition or renovation

    • Worked Example

    A home is listed at $350,000 and has 1,800 square feet of living space.

    property_price = 350000square_footage = 1800
    1. 01Property price: $350,000
    2. 02Square footage: 1,800 sq ft
    3. 03Price per sq ft = $350,000 / 1,800 = $194.44 per sq ft
    4. 04Price per 100 sq ft = $194.44 x 100 = $19,444

    Ready to run the numbers?

    Open Price Per Square Foot Calculator