Commercial Real Estate Market in West Lebanon, NH
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
29 active listings and 472 off-market properties in West Lebanon, NH. Commercial property asks $2/SF to buy and $22.72/SF/Yr to lease.
Market Trends
West Lebanon, NH spans 8.3 square miles in Grafton County, New Hampshire. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in West Lebanon, 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 West Lebanon, 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 West Lebanon, 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 West Lebanon, NH asks $148/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
Market overview
Demographics & Economy
West Lebanon, NH has 4,444 residents in 2,168 households. Density runs 534 people per square mile. Median household income here is $84,303 and median gross rent $1,547 a month.
4,444
Population
2,168
Households
2
Avg Household Size
39
Median Age
61%
College-Educated
95%
High-School Grad
8.3 sq mi
ZIP Area
534
Density / Sq Mi
$84,303
Median Household Income
$49,175
Median Earnings
$1,547
Median Rent
$340,500
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in West Lebanon?
Commercial property in West Lebanon, NH asks an average of $2 per square foot. The 6 most recent recorded sales traded at a median of $769/SF. Multifamily carries the highest asking price at $148/SF.
How much does it cost to lease commercial space in West Lebanon?
Asking lease rates in West Lebanon, NH average $22.72 per square foot per year.
Where does Realmo's West Lebanon market data come from?
Realmo compiles West Lebanon, NH figures from 8 recent recorded sales, 21 active sale listings, 8 active lease listings, 472 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 October 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 21 active for-sale and 8 active for-lease listings in West Lebanon, 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.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 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 October 2026 · How Realmo checks market page data · Report a data issue
