Sell Your Commercial Property In Concord, NH

Who rents in Concord

Concord has 7,917 renter households, 43.2 percent of the total, per the ACS 2020-2024 tenure estimates. That share is well above the 26.5 percent renter rate in Merrimack County. Concord's population is 44,375 in the ACS population table.

Government and health care lead Concord's employer list. NH Employment Security's Concord community profile lists the State of New Hampshire as the largest employer, with 6,125 employees. Capital Region Health Care follows with 3,200, and the Concord School District with 773.

Concord Hospital anchors the second group. The Concord Hospital Health System lists 295 acute care beds at its Concord campus. The system employs 3,384 full-time, 479 part-time and 738 per diem staff.

Rents and affordability in Concord

Concord's median gross rent is $1,441 a month for 2020-2024, from the ACS rent table. Median household income is $84,902 in the ACS income table, so the median rent equals 20.4 percent of median income.

Affordability is uneven below the median. In the ACS rent burden table, 43.1 percent of Concord renter households pay 30 percent or more of income for rent. Another 19.7 percent pay 50 percent or more.

Concord sits in the Merrimack County, NH fair market rent area. The table shows HUD FY2027 FMR levels, effective October 1, 2026, from the HUD fair market rents program.

The two-bedroom FMR of $1,800 is $359 above Concord's all-unit median rent. The one-bedroom FMR of $1,376 is $65 below it.

Concord's apartment stock

Concord has 5,477 homes in buildings of five or more units, 28.4 percent of its housing, per the ACS units-in-structure table. That is 57.6 percent of the 9,501 such homes in Merrimack County.

The stock is old. The ACS year-built table places 61.4 percent of Concord homes before 1980 and 33.0 percent before 1940. The median Concord home was built in 1969.

Large complexes are a small part of the mix. Concord has 965 homes in buildings of 50 or more units, 5.0 percent of its housing.

Vacancy is low. Concord's rental vacancy rate is 2.9 percent in the ACS DP04 profile, compared with 4.5 percent for Merrimack County.

Property taxes in Merrimack County

Concord's 2025 tax rate is $29.11 per $1,000 of assessed value, per the Concord tax rates and ratio page. It combines $10.18 city, $2.54 county, $14.81 school and $1.58 state education.

Penacook carries its own 2025 rate of $30.74 per $1,000 on the same page. Its school portion is $16.41 and its state education portion $1.61.

Concord's 2025 median ratio is 60.4 percent on the same page. At that ratio, the 2025 rate equals about $17.58 per $1,000 of market value.

The last citywide valuation update took effect April 1, 2021, per the Concord assessing FAQ. The same FAQ says Vision Government Solutions is completing a full measure and list revaluation for tax year 2026.

A $2,000,000 assessment at $29.11 produces $58,220 in 2025 tax. In Penacook the same assessment produces $61,480. A building worth $2,000,000 and assessed at the 60.4 percent median would carry about $1,208,000 in value and $35,165 in tax.

Concord's rate rose $1.42 from 2024, or $2,840 a year on a $2,000,000 assessment. Abatement requests for the 2026 bill are due March 1, 2027, per the Concord abatement page.

New Hampshire's transfer tax is $0.75 per $100 of price under RSA 78-B:1. RSA 78-B:4 applies it to both buyer and seller, so a $2,000,000 sale carries $15,000 per side. Owners who plan to sell commercial property in Concord, NH can budget that $15,000 alongside the tax proration.

Landlord rules in Concord

A residential deposit may not exceed one month's rent or $100, whichever is greater, under RSA 540-A:6. On a sale, deposits pass to the buyer at the deed or within 5 days after.

The seller must also notify tenants by registered or certified mail of who now holds each deposit. Deposits must be returned within 30 days of a tenancy ending under RSA 540-A:7, with a written, itemized list of damages.

Nonpayment of rent allows 7 days' notice under RSA 540:3, and most other residential causes need 30 days. RSA 540:2 lists the permitted grounds, including a lease of 12 months or longer ending with 60 days' written notice. That lease ground also requires a possessory action filed within 6 months of the lease expiring.

Concord's Housing Division responds to complaints under the City of Concord Housing Maintenance and Occupancy Code. Anyone planning to sell commercial real estate in Concord, NH should have open code complaints closed before listing.

What it means for a Concord owner

Concord combines a 2.9 percent rental vacancy rate with a $1,800 two-bedroom FMR. Its 2025 rate of $29.11 applies to values from the 2021 update, and Concord has contracted a tax year 2026 revaluation. Buyers will ask how that revaluation could change the tax line.

Older buildings dominate, with 61.4 percent of Concord homes built before 1980. Buyers price heating plants, roofs and lead paint work into offers, so repair records help.

Skyline Capital Investments buys apartment buildings with five or more units in Downtown Concord, Penacook, Bow and Pembroke. If you want to sell your apartment building in Concord, start with our cap rate calculator using your rent roll and tax bill.

Have the rent roll, deposit ledger and 2025 tax bill ready before any offer. When you are ready to sell commercial property in Concord, NH, our apartment building purchase process covers terms, deposits and closing.