Commercial Real Estate Market in Conway, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
87 active listings and 712 off-market properties in Conway, NH. Commercial property asks $17/SF to buy and $10.00/SF/Yr to lease.
Market Trends
Conway, NH spans 84.5 square miles in Carroll County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Conway, 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 Conway, 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 Conway, 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 Conway, 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
- Residential 94.3%
- Commercial 3.5%
- Industrial 2.1%
Largest Zones share of zoned land by district
Residential And Agricultural District
Recreational Resort District
Highway Commercial District
Industrial District
Center Conway Village Residential District
Conway, NH zones 46,200 acres across 11 districts. Commercial zoning covers 3.5% of zoned land, residential 94.3% and industrial 2.1%. The largest single district is Residential And Agricultural District at 88.4%. For commercial buyers the practical constraint is that only 5.7% of land carries a commercial or industrial designation.
Residential And Agricultural District (RA)
Residential/Agricultural (RA) District. The RA District is primarily designed to accommodate a compatible mixture of residential and agricultural uses at lower densities of approximately one unit or less per acre. These areas are generally without municipal sewer service and are not yet appropriate for development at higher densities. Land uses permitted in…
Market overview
Demographics & Economy
Conway, 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 |
|---|---|---|
| Albany | — | — |
| Hales Location | — | — |
| Eaton | — | — |
| Fryeburg | — | — |
Commercial property in Conway, NH asks $17/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Conway?
Commercial property in Conway, NH asks an average of $17 per square foot. Multifamily carries the highest asking price at $215/SF.
How much does it cost to lease commercial space in Conway?
Asking lease rates in Conway, NH average $10.00 per square foot per year.
What zoning applies to commercial property in Conway?
Conway, NH zones 46,200 acres across 11 districts, of which 3.5% is commercial and 2.1% industrial. The largest single district is Residential And Agricultural District at 88.4% of zoned land. Residential/Agricultural (RA) District. The RA District is primarily designed to accommodate a compatible mixture of residential and agricultural uses at lower densities of approximately one unit or less per acre. These areas are generally without municipal sewer service and are not yet appropriate for development at higher densities. Land uses permitted in… Residential zoning covers 94.3% and open space 0%.
Where does Realmo's Conway market data come from?
Realmo compiles Conway, NH figures from 7 recent recorded sales, 74 active sale listings, 13 active lease listings, 712 tracked off-market properties, the current Conway zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 74 active for-sale and 13 active for-lease listings in Conway, 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: 46,200 zoned acres across 11 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
