Houses for sale in Shetland, Shetland Islands
House Prices in Shetland
Properties in Shetland have an average house price of £187k and had 281 Property Transactions within the last 3 years.¹
Shetland is an area in Shetland Islands with 9,915 households², where the most expensive property was sold for £450k.
Properties for sale in Shetland
1 Bedroom
1 Bathroom
Previously listed properties in Shetland
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Neighbourhoods in Shetland
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Property price trends in Shetland
According to the latest Registers of Scotland data, the average home in Shetland sold for £206,395 in 2026. That figure comes from a substantial record of 6,565 sales logged over the past 26 years.
Prices have continued to climb over the last three years. Compared with 2023, when the typical sale came in around £189,703, that's a rise of roughly 8.8%.
Looking back five years, average prices are up about 18.5% since 2021, a gain of around £32,275 in cash terms.
Zoom out to the past decade for the fuller picture. Back in 2016, homes here averaged £152,324, so the typical sold price has climbed about 35.5% since then, roughly 3.1% a year. Stretch the view to fifteen years and that annual pace edges up closer to 3.6%.
Frequently asked questions about Shetland
What is the average price for a property for sale in Shetland?
The average price for a property for sale in Shetland is £187,492. There are 238 property listings for sale in Shetland.
What locations have the most expensive properties for sale in Shetland?
The locations with the most expensive properties for sale in Shetland are Lerwick South at an average of £214,711, Shetland Central at an average of £212,869 and Lerwick North at an average of £187,377.
What locations have the most affordable properties for sale in Shetland?
The locations with the most affordable properties for sale in Shetland are North Isles at an average of £100,269, Shetland North at an average of £153,215 and Shetland South at an average of £175,285.
Which train stations are available in or near Shetland?
Some of the train stations available in or near Shetland are Thurso, Wick and Georgemas Junction.
Property Price Paid in Shetland by Year
The average sold property price by year was:
| Year | Average Sold Price | Price Change |
Sold Properties
|
|---|---|---|---|
| 2026 | £206,395 | 
12% |
32 Properties |
| 2025 | £182,343 | - |
79 Properties |
| 2024 | £182,345 | 
-4% |
78 Properties |
| 2023 | £189,703 |
-1% |
92 Properties |
| 2022 | £192,486 |
10% |
276 Properties |
| 2021 | £174,120 |
7% |
306 Properties |
| 2020 | £161,345 |
-0,5% |
245 Properties |
| 2019 | £162,118 |
-2% |
289 Properties |
| 2018 | £165,292 |
4% |
289 Properties |
| 2017 | £158,516 |
4% |
315 Properties |
Transport in Shetland
Please see below transportation links in this area:
