Commercial Real Estate Market in Albany, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 61 off-market properties in Albany, NH.
Market Trends
Albany, NH spans 84.5 square miles in Carroll County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Albany, NH runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Albany, NH runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Albany, NH runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Albany, NH asks $215/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 85.4%
- Residential 11.6%
- Commercial 2%
- Industrial 0.3%
Largest Zones share of zoned land by district
Mountain National Forest
Residential
Commercial
Protected Area
Light Industrial
Albany, NH zones 48,490 acres across 5 districts. Commercial zoning covers 2% of zoned land, residential 11.6%, open space 85.4% and industrial 0.3%. The largest single district is Mountain National Forest at 85.4%. For commercial buyers the practical constraint is that only 2.3% of land carries a commercial or industrial designation.
Residential (R)
The intent of this zone is to provide single and two family unit to the community
Market overview
Demographics & Economy
Albany, NH has 3,478 residents in 2,174 households. Density runs 41 people per square mile. Median household income here is $73,346 and median gross rent $941 a month.
3,478
Population
2,174
Households
1.6
Avg Household Size
49
Median Age
43%
College-Educated
95%
High-School Grad
84.5 sq mi
ZIP Area
41
Density / Sq Mi
$73,346
Median Household Income
$38,714
Median Earnings
$941
Median Rent
$284,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Conway | — | $10.00 |
| Hales Location | — | — |
| Eaton | — | — |
| Madison | — | — |
Frequently Asked Questions
How much does it cost to lease commercial space in Albany?
Asking lease rates in Albany, NH average $26.00 per square foot per year.
What zoning applies to commercial property in Albany?
Albany, NH zones 48,490 acres across 5 districts, of which 2% is commercial and 0.3% industrial. The largest single district is Mountain National Forest at 85.4% of zoned land. Residential zoning covers 11.6% and open space 85.4%.
Where does Realmo's Albany market data come from?
Realmo compiles Albany, NH figures from 8 active sale listings, 1 active lease listings, 61 tracked off-market properties, the current Albany zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 1 active for-lease listings in Albany, NH. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 48,490 zoned acres across 5 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
