The Average Cost of Hardwood Floors: A Homeowner’s Guide

Close-up view of dark wood parquet floor, background
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Hardwood flooring is beautiful and practical, but how much can you expect to spend on materials, installation, etc? Exploring all options will open up possibilities for your space. There are several different looks available depending on your taste and budget, but choose wisely or you could end up with someone else’s idea of interior beauty.

Before you get hardwood floors for your home, you should know the prices you can expect to pay. This guide explains factors that play into the average cost of hardwood floors.

Overview

The average hardwood flooring project runs between $2,500 and $6,800. In the US the average is about $4,540 ($8 per sq ft). Most professionals will charge between $6 and $12 per square foot for materials, higher-end projects running around $13 to $25 or even more depending on factors such as:

  • Wood type
  • Plank width
  • Thickness
  • Stain
  • Adhesive
  • Style
  • Pattern
  • Grade

Not only will hardwood flooring bring a gorgeous visual appeal to your space, but it can also improve your health! In fact, studies have shown that just sensing wooden surfaces can lower our blood pressure and act as a therapy to ease stress. Improved immune function was also observed. 

Average Cost of Hardwood Floors

Avoid sticker shock by knowing how to calculate your hardwood flooring cost total. Take your square footage and add 5-10%. Then multiply the price per square foot. But, don’t forget to add moldings, thresholds, nails, and other flooring materials to your total.

Species

Factor in the durability, prices, and colors vary between wood species. Select a type and tone for your home hardwood floors that blend with existing features. Also, take into account floor longevity and increased home value.

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The least expensive is usually pine, which runs from $1.50 to $5 per square foot. Going up in price, you’ll see that Oak and American Cherry costs between $5 and $15. Mahogany or Brazilian Walnut costs $8 to $18. 

Grade

The physical characteristics of the wood will determine its grade and the hardwood floor prices. “Clear” grade wood has no knots or imperfections, and “Select” grade has knots, mineral streaks, and color variations. “No. 1 common” has even more variation in color and features such as wormholes, while “No. 2 common” is even more rustic, costs decreasing as listed.

Style and Pattern

A Herringbone pattern means more waste, labor, and time, adding 30% to installation. Parquet-style hardwood floors run $20 and $45 per square foot if installed piece by piece. At $7 to $10 per square foot, prefabricated kits save you installation costs but could result in expensive mistakes.

Finish and Coating

Apply a finish to make it last. Protective seals include UV-cured urethane, polyurethanes, oil, or oil hybrids. If prefinished ($6-$12 per sq ft) you’ll save on application and drying time, or $2-$5 per square foot.

Hardwood Floors are a Smart Decision

For 1,000 square feet, expect the average cost of hardwood floors to be between $6,000 and $12,000. When installed by a professional, your choices still play a huge part in their beauty and long-term value. Visualize yourself walking across the most attractive hardwood floors you can imagine, and you’ll get a sense of your personal taste.

If you liked this article, check out more of our blog!

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