Commercial Real Estate Market in Pelham, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
12 active listings and 155 off-market properties in Pelham, NH.
Market Trends
Pelham, NH spans 26.3 square miles in Hillsborough County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Pelham, 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 Pelham, 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 Pelham, 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 Pelham, 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 87.2%
- Agricultural 6.9%
- Industrial 3.2%
- Commercial 2.8%
Largest Zones share of zoned land by district
Residential
Recreation Conservation Agricultural
Industrial
Business
Rural
Pelham, NH zones 16,857 acres across 6 districts. Commercial zoning covers 2.8% of zoned land, residential 87.2% and industrial 3.2%. The largest single district is Residential at 87.2%. For commercial buyers the practical constraint is that only 5.9% of land carries a commercial or industrial designation.
Residential (R)
A. Residential --- (R): The R district is established to provide for the development of single and two-family (duplex) residences and customary accessory uses and structures and complimentary nonresidential uses within a rural/residential environment. The district is intended to provide a diversity of housing types, community facilities, rec reational uses a…
Market overview
Demographics & Economy
Pelham, NH has 14,222 residents in 5,174 households. Density runs 540 people per square mile. Median household income here is $126,804 and median gross rent $1,390 a month.
14,222
Population
5,174
Households
2.7
Avg Household Size
44
Median Age
38%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
540
Density / Sq Mi
$126,804
Median Household Income
$64,052
Median Earnings
$1,390
Median Rent
$484,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Dracut | — | $16.04 |
| Windham | — | $22.36 |
| Tyngsborough | — | — |
| Lowell | — | $17.02 |
Commercial property in Pelham, NH asks $91/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pelham?
Commercial property in Pelham, NH asks an average of $91 per square foot. Multifamily carries the highest asking price at $260/SF.
What zoning applies to commercial property in Pelham?
Pelham, NH zones 16,857 acres across 6 districts, of which 2.8% is commercial and 3.2% industrial. The largest single district is Residential at 87.2% of zoned land. A. Residential --- (R): The R district is established to provide for the development of single and two-family (duplex) residences and customary accessory uses and structures and complimentary nonresidential uses within a rural/residential environment. The district is intended to provide a diversity of housing types, community facilities, rec reational uses a… Residential zoning covers 87.2% and open space 0%.
Where does Realmo's Pelham market data come from?
Realmo compiles Pelham, NH figures from 2 recent recorded sales, 11 active sale listings, 1 active lease listings, 155 tracked off-market properties, the current Pelham zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 11 active for-sale and 1 active for-lease listings in Pelham, 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: 16,857 zoned acres across 6 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
