Commercial Real Estate Market in Troy, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 62 off-market properties in Troy, NH. Commercial property asks $259/SF to buy and $9.45/SF/Yr to lease.
Market Trends
Troy, NH spans 17.5 square miles in Cheshire County, New Hampshire. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Troy, 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 Troy, 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 Troy, 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 Troy, NH asks $178/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 84.7%
- Commercial 12.3%
- Industrial 1.6%
- Mixed use 1.4%
Largest Zones share of zoned land by district
Rural District
Mountain District
Residential District
Highway Business
Village District
Troy, NH zones 11,321 acres across 7 districts. Commercial zoning covers 12.3% of zoned land, residential 84.7% and industrial 1.6%. The largest single district is Rural District at 82.3%. For commercial buyers the practical constraint is that only 13.9% of land carries a commercial or industrial designation.
Rural District (RU)
The purpose of Rural zone is to provide one and two family dwellings, agricultural uses, roadside stands for the sale of farm products raised on the premises, stables and riding academies
Market overview
Demographics & Economy
Troy, NH has 2,130 residents in 876 households. Density runs 122 people per square mile. Median household income here is $79,375 and median gross rent $1,119 a month.
2,130
Population
876
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
95%
High-School Grad
17.5 sq mi
ZIP Area
122
Density / Sq Mi
$79,375
Median Household Income
$43,194
Median Earnings
$1,119
Median Rent
$233,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fitzwilliam | — | — |
| Marlborough | — | — |
| Swanzey | — | — |
| Swanzey Center | — | — |
Commercial property in Troy, NH asks $259/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Troy?
Commercial property in Troy, NH asks an average of $259 per square foot. Multifamily carries the highest asking price at $178/SF.
How much does it cost to lease commercial space in Troy?
Asking lease rates in Troy, NH average $9.45 per square foot per year.
What zoning applies to commercial property in Troy?
Troy, NH zones 11,321 acres across 7 districts, of which 12.3% is commercial and 1.6% industrial. The largest single district is Rural District at 82.3% of zoned land. The purpose of Rural zone is to provide one and two family dwellings, agricultural uses, roadside stands for the sale of farm products raised on the premises, stables and riding academies Residential zoning covers 84.7% and open space 0%.
Where does Realmo's Troy market data come from?
Realmo compiles Troy, NH figures from 15 active sale listings, 3 active lease listings, 62 tracked off-market properties, the current Troy zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 3 active for-lease listings in Troy, 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: 11,321 zoned acres across 7 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
