Commercial Real Estate Market in Amherst, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
39 active listings and 366 off-market properties in Amherst, NH. Commercial property asks $26/SF to buy and $24.50/SF/Yr to lease.
Market Trends
Amherst, NH spans 33.9 square miles in Hillsborough County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Amherst, 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 Amherst, 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 Amherst, 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 Amherst, NH asks $260/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
- Residential 66.1%
- Agricultural 29.5%
- Industrial 2.8%
- Commercial 1.7%
Largest Zones share of zoned land by district
Residential Rural
Northern Rural
Northern Transitional
Industrial
Commercial
Amherst, NH zones 21,908 acres across 7 districts. Commercial zoning covers 1.7% of zoned land, residential 66.1% and industrial 2.8%. The largest single district is Residential Rural at 66.1%. For commercial buyers the practical constraint is that only 4.5% of land carries a commercial or industrial designation.
Residential Rural (RR)
This zoning district is intended to include one family dwelling and accessory buildings or structures, farm, agricultural or nursery use, home occupation, workforce housing
Market overview
Demographics & Economy
Amherst, NH has 11,763 residents in 4,558 households. Density runs 347 people per square mile. Median household income here is $155,125 and median gross rent $1,447 a month.
11,763
Population
4,558
Households
2.6
Avg Household Size
45
Median Age
64%
College-Educated
99%
High-School Grad
33.9 sq mi
ZIP Area
347
Density / Sq Mi
$155,125
Median Household Income
$68,313
Median Earnings
$1,447
Median Rent
$491,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Milford | — | $10.82 |
| Mount Vernon | — | — |
| Mont Vernon | — | — |
| Merrimack | — | $12.35 |
Commercial property in Amherst, NH asks $26/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Amherst?
Commercial property in Amherst, NH asks an average of $26 per square foot. The 8 most recent recorded sales traded at a median of $198/SF. Multifamily carries the highest asking price at $260/SF.
How much does it cost to lease commercial space in Amherst?
Asking lease rates in Amherst, NH average $24.50 per square foot per year.
What zoning applies to commercial property in Amherst?
Amherst, NH zones 21,908 acres across 7 districts, of which 1.7% is commercial and 2.8% industrial. The largest single district is Residential Rural at 66.1% of zoned land. This zoning district is intended to include one family dwelling and accessory buildings or structures, farm, agricultural or nursery use, home occupation, workforce housing Residential zoning covers 66.1% and open space 0%.
Where does Realmo's Amherst market data come from?
Realmo compiles Amherst, NH figures from 8 recent recorded sales, 28 active sale listings, 11 active lease listings, 366 tracked off-market properties, the current Amherst zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 28 active for-sale and 11 active for-lease listings in Amherst, 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: 21,908 zoned acres across 7 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
