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Housing in Shetland Islands

Council area

North Scotland. 22,710 people (mid-2025 estimate) in 1,469 square kilometres, the 4th most sparsely populated council in the UK.

8 layers about housing for Shetland Islands, each at the level its publisher released it, with its own date and source.

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Average house price by council

UK House Price Index · August 2026

Under £175k£600k or more

Shetland Islands’ average house price was £180,869 in August 2026.

Average house price

Council
£180,869
HM Land Registry and partners · Aug 2026

Shetland Islands’ average house price was £180,869 in August 2026.

That is 9% lower than Scotland and 34% lower than the UK average.

Prices fell 11.2% in the year to August 2026.

Against Scotland
9% lower£198,397
Against the UK
34% lower£273,037
Open in mapSource and methodEvery council ranked

House prices since 2004

Monthly average house price, smoothed. Shetland Islands’ is 3.2 times its 2004 level, faster than Scotland’s.

House prices since 2004Average house price each month for Shetland Islands, Scotland, United Kingdom, January 2004 to August 2026. Source: UK House Price Index.
House prices since 2004
MonthShetland IslandsScotlandUnited Kingdom
Jan 2004£56,922£76,662£126,179
Jan 2005£62,008£90,440£138,759
Jan 2006£63,696£105,257£147,360
Jan 2007£83,985£121,923£162,825
Jan 2008£83,911£133,172£171,137
Jan 2009£79,192£119,792£144,840
Jan 2010£95,050£124,112£154,268
Jan 2011£97,103£124,856£154,113
Jan 2012£111,267£120,989£152,831
Jan 2013£94,186£117,973£154,495
Jan 2014£117,602£122,220£164,137
Jan 2015£123,548£129,869£175,636
Jan 2016£138,403£131,634£189,268
Jan 2017£162,872£133,141£198,276
Jan 2018£160,081£141,353£206,844
Jan 2019£131,153£144,124£210,317
Jan 2020£134,279£147,731£213,657
Jan 2021£147,820£157,866£228,417
Jan 2022£157,288£173,589£248,031
Jan 2023£200,710£175,092£260,941
Jan 2024£194,416£179,248£255,972
Jan 2025£192,344£185,315£264,936
Jan 2026£169,407£189,219£268,814
Aug 2026£180,869£198,397£273,037

House price to pay

CouncilGreat Britain only
3.9×
Worked out by Open Index · 2025

A home in Shetland Islands costs 3.9 times local full-time pay.

Worked out by Open Index from the UK House Price Index and the ONS earnings survey.

Open in mapSource and methodEvery council ranked
House price to pay: Shetland Islands among every council348 areas from 3.1× to 22.9×. The middle area is 7.3×. Shetland Islands is 3.9×.

Annual price change

Council
−11.2%
HM Land Registry and partners · Aug 2026
Open in mapSource and methodEvery council ranked

House price change since 2005

Monthly annual price change, smoothed.

House price change since 2005Annual price change each month for Shetland Islands, Scotland, United Kingdom, January 2005 to August 2026. Source: UK House Price Index.
House price change since 2005
MonthShetland IslandsScotlandUnited Kingdom
Jan 20058.9%18.0%10.0%
Jan 20062.7%16.4%6.2%
Jan 200731.9%15.8%10.5%
Jan 2008−0.1%9.2%5.1%
Jan 2009−5.6%−10.0%−15.4%
Jan 201020.0%3.6%6.5%
Jan 20112.2%0.6%−0.1%
Jan 201214.6%−3.1%−0.8%
Jan 2013−15.4%−2.5%1.1%
Jan 201424.9%3.6%6.2%
Jan 20155.1%6.3%7.0%
Jan 201612.0%1.4%7.8%
Jan 201717.7%1.1%4.8%
Jan 2018−1.7%6.2%4.3%
Jan 2019−18.1%2.0%1.7%
Jan 20202.4%2.5%1.6%
Jan 202110.1%6.9%6.9%
Jan 20226.4%10.0%8.6%
Jan 202327.6%0.9%5.2%
Jan 2024−3.1%2.4%−1.9%
Jan 2025−1.1%3.4%3.5%
Jan 2026−11.9%2.1%1.5%
Aug 2026−11.2%2.9%0.9%

Detached house price

Council
£247,171
HM Land Registry and partners · Aug 2026

The average price of a detached home in Shetland Islands was £247,171 in August 2026.

That is 32% lower than Scotland and 44% lower than the UK average for detached homes.

Against Scotland
32% lower£365,984
Against the UK
44% lower£443,846
Open in mapSource and methodEvery council ranked
Detached house price: Shetland Islands among every council348 areas from £184,929 to £4,344,621. The middle area is £446,962. Shetland Islands is £247,171.

Flat price

Council
£88,249
HM Land Registry and partners · Aug 2026

The average price of a flat in Shetland Islands was £88,249 in August 2026.

That is 36% lower than Scotland and 55% lower than the UK average for flats.

Against Scotland
36% lower£138,886
Against the UK
55% lower£194,148
Open in mapSource and methodEvery council ranked
Flat price: Shetland Islands among every council349 areas from £66,539 to £947,855. The middle area is £144,657. Shetland Islands is £88,249.

Semi-detached house price

Council
£174,582
HM Land Registry and partners · Aug 2026

The average price of a semi-detached home in Shetland Islands was £174,582 in August 2026.

That is 23% lower than Scotland and 37% lower than the UK average for semi-detached homes.

Against Scotland
23% lower£226,592
Against the UK
37% lower£278,675
Open in mapSource and methodEvery council ranked
Semi-detached house price: Shetland Islands among every council348 areas from £123,115 to £2,995,521. The middle area is £281,839. Shetland Islands is £174,582.

Terraced house price

Council
£121,267
HM Land Registry and partners · Aug 2026

The average price of a terraced home in Shetland Islands was £121,267 in August 2026.

That is 34% lower than Scotland and 48% lower than the UK average for terraced homes.

Against Scotland
34% lower£184,396
Against the UK
48% lower£232,505
Open in mapSource and methodEvery council ranked
Terraced house price: Shetland Islands among every council348 areas from £94,376 to £2,385,591. The middle area is £227,857. Shetland Islands is £121,267.

House sales per month

Council
21
HM Land Registry and partners · Jun 2026

21 home sales were recorded in Shetland Islands in June 2026.

Figures for the latest months are revised as more sales are registered.

Open in mapSource and methodEvery council ranked
House sales per month: Shetland Islands among every council360 areas from 11 to 909. The middle area is 120. Shetland Islands is 21.