Commercial Real Estate Market in Milton, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
28 active listings and 86 off-market properties in Milton, NH. Commercial property asks $39/SF to buy and $2.27/SF/Yr to lease.
Market Trends
Milton, NH spans 26.3 square miles in Strafford County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Milton, 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 Milton, 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 Milton, 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 Milton, NH asks $214/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 88.5%
- Industrial 5.8%
- Mixed use 5.7%
Largest Zones share of zoned land by district
Low Density Residential
Industrial And Commercial
Commercial And Residential
High Density Residential
Milton, NH zones 21,166 acres across 4 districts. The largest single district is Low Density Residential at 88.1%. For commercial buyers the practical constraint is that only 5.8% of land carries a commercial or industrial designation.
Low Density Residential (LDRZ)
It is intended to accommodate residential, agricultural, recreational and rural type land uses in a low density environment with a minimum lot size of two acres.
Market overview
Demographics & Economy
Milton, NH has 3,891 residents in 1,785 households. Density runs 148 people per square mile. Median household income here is $98,750 and median gross rent $1,503 a month.
3,891
Population
1,785
Households
2.2
Avg Household Size
47
Median Age
17%
College-Educated
91%
High-School Grad
26.3 sq mi
ZIP Area
148
Density / Sq Mi
$98,750
Median Household Income
$49,178
Median Earnings
$1,503
Median Rent
$282,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Middleton | — | — |
| Farmington | — | — |
| Acton | — | — |
| New Durham | — | — |
Commercial property in Milton, NH asks $39/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Milton?
Commercial property in Milton, NH asks an average of $39 per square foot. The 3 most recent recorded sales traded at a median of $146/SF. Multifamily carries the highest asking price at $214/SF.
How much does it cost to lease commercial space in Milton?
Asking lease rates in Milton, NH average $2.27 per square foot per year.
What zoning applies to commercial property in Milton?
Milton, NH zones 21,166 acres across 4 districts, of which 0% is commercial and 5.8% industrial. The largest single district is Low Density Residential at 88.1% of zoned land. It is intended to accommodate residential, agricultural, recreational and rural type land uses in a low density environment with a minimum lot size of two acres. Residential zoning covers 88.5% and open space 0%.
Where does Realmo's Milton market data come from?
Realmo compiles Milton, NH figures from 3 recent recorded sales, 25 active sale listings, 3 active lease listings, 86 tracked off-market properties, the current Milton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 3 active for-lease listings in Milton, 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: 21,166 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
