Commercial Real Estate Market in Springfield, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Springfield, NH spans 38.3 square miles in Sullivan County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Springfield, 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 Springfield, 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 Springfield, 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 vacancy in Springfield, NH runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 58.5%
- Open space 13.8%
Largest Zones share of zoned land by district
Rural Residential
Public Land
Forest Conservation
Springfield, NH zones 28,438 acres across 3 districts. The largest single district is Rural Residential at 58.5%.
Rural Residential (RR)
The primary purpose of this district is to provide for low-density rural living and open space, in keeping with the scenic, recreational and environmental values inherent in the community and to protect the environmentally sensitive areas of this community such as wetlands, poor soil conditions, steep slopes and prime agricultural soils.
Market overview
Demographics & Economy
Springfield, NH has 902 residents in 477 households. Density runs 24 people per square mile. Median household income here is $111,563 and median gross rent $1,034 a month.
902
Population
477
Households
1.9
Avg Household Size
49
Median Age
45%
College-Educated
100%
High-School Grad
38.3 sq mi
ZIP Area
24
Density / Sq Mi
$111,563
Median Household Income
$71,007
Median Earnings
$1,034
Median Rent
$312,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Grafton | — | — |
| Grantham | — | — |
| New London | — | — |
| Enfield Ctr | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Springfield?
Springfield, NH zones 28,438 acres across 3 districts, of which 0% is commercial and 0% industrial. The largest single district is Rural Residential at 58.5% of zoned land. The primary purpose of this district is to provide for low-density rural living and open space, in keeping with the scenic, recreational and environmental values inherent in the community and to protect the environmentally sensitive areas of this community such as wetlands, poor soil conditions, steep slopes and prime agricultural soils. Residential zoning covers 58.5% and open space 13.8%.
Methodology & data sources
- 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: 28,438 zoned acres across 3 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
