Commercial Real Estate Market in Madison, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 61 off-market properties in Madison, NH.
Market Trends
Madison, NH spans 22.3 square miles in Carroll County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Madison, 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 Madison, 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 Madison, 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 Madison, 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 93.5%
- Commercial 6.5%
Largest Zones share of zoned land by district
Rural Residential District
Eidelweiss Residential District
Commercial District
Village District
Madison, NH zones 26,230 acres across 4 districts. Commercial zoning covers 6.5% of zoned land, residential 93.5%. The largest single district is Rural Residential District at 92.6%. For commercial buyers the practical constraint is that only 6.5% of land carries a commercial or industrial designation.
Eidelweiss Residential District (ER)
Pond drainage into Silver Lake. The Wetlands Conservation District is superimposed over all other zoning districts and to the extent its regulations are more restrictive they shall apply. 3.5 The Eidelweiss Residential (ER) District The Eidelweiss Residential District encompasses a land area of approximately 1100 acres, more or less, bounded by Route 113 on…
Market overview
Demographics & Economy
Madison, NH has 1,446 residents in 1,119 households. Density runs 65 people per square mile. Median household income here is $96,875 and median gross rent $1,333 a month.
1,446
Population
1,119
Households
1.3
Avg Household Size
52
Median Age
26%
College-Educated
95%
High-School Grad
22.3 sq mi
ZIP Area
65
Density / Sq Mi
$96,875
Median Household Income
$41,898
Median Earnings
$1,333
Median Rent
$359,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tamworth | — | — |
| Eaton | — | — |
| Ctr Ossipee | — | — |
| Albany | — | — |
Commercial property in Madison, NH asks $20/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Madison?
Commercial property in Madison, NH asks an average of $20 per square foot. The 3 most recent recorded sales traded at a median of $144/SF. Multifamily carries the highest asking price at $215/SF.
What zoning applies to commercial property in Madison?
Madison, NH zones 26,230 acres across 4 districts, of which 6.5% is commercial and 0% industrial. The largest single district is Rural Residential District at 92.6% of zoned land. Residential zoning covers 93.5% and open space 0%.
Where does Realmo's Madison market data come from?
Realmo compiles Madison, NH figures from 3 recent recorded sales, 27 active sale listings, 61 tracked off-market properties, the current Madison zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 0 active for-lease listings in Madison, 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: 26,230 zoned acres across 4 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
