Average Price Per Square Foot by Market
| City | Avg $/sq ft (2024) |
|---|---|
| San Francisco | $700-1,100 |
| New York (Manhattan) | $800-1,500 |
| Los Angeles | $500-800 |
| Austin | $250-400 |
| Dallas | $180-300 |
| Indianapolis | $120-200 |
Price Per Square Foot Calculator
Calculate and compare the price per square foot for real estate properties. Determine fair market value.
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π How We Calculate — Learn about our calculation methodology, data sources, and quality standards.
Frequently Asked Questions
Is price per square foot a reliable metric?
It is useful for comparing similar properties in the same area. But it does not account for lot size, finishes, location within a neighborhood, or condition.
Should I include the garage in square footage?
Typically no. Use the heated/cooled living area only. Garages, porches, and unfinished basements are excluded from standard square footage.
How to Use This Price Per Square Foot Calculator
Enter the total price and total area in square feet (or meters). The calculator shows the price per square foot/meter and compares up to 4 properties.
Formula & How It Works
Price per Sq Ft = Total Price / Total Area (sq ft). Price per Sq Meter = Total Price / Total Area (sq m). 1 sq m = 10.764 sq ft.
Calculation Example
Home A: $350,000 for 1,800 sq ft = $194/sq ft. Home B: $280,000 for 1,500 sq ft = $187/sq ft. Home B is a better value per square foot.
Expert Tips
Price per sq ft varies widely by location, neighborhood, and condition. It is a useful comparison metric but does not capture lot size, layout quality, or renovation needs. Always visit the property in person.