Compare Estate Agents in Shetland Islands

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House prices in Shetland Islands

Average house price in Shetland Islands: £179,493 (July 2026)

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Shetland Islands, July 2026
Change in one month-4.6%
Change in twelve months-7.0%
Detached£245,299 (-6.7% in twelve months)
Semi-detached£173,184 (-6.0% in twelve months)
Terraced£120,255 (-6.7% in twelve months)
Flat£87,674 (-9.7% in twelve months)
First-time buyers£153,434
Former owner-occupiers£202,694
Cash buyers£200,911
Mortgage buyers£167,914
Sales, May 2026
Homes sold14
New-build average price£355,228
Existing home average price£193,752
Cash and mortgage sales6 cash, 8 mortgage

Sales figures lag prices by about two months while HM Land Registry registers the transactions.

Source: HM Land Registry UK House Price Index, updated monthly.

Transport links

Shetland has no railways or motorways. Sumburgh Airport is the main airport, with flights to mainland Scotland. Regular NorthLink Ferries connect Lerwick to Aberdeen (approx. 12-14 hours). The islands are approximately 580 miles from London as the crow flies. The A970 is the primary trunk road, running through Mainland Shetland.

Areas near Shetland Islands

Shetland Islands is part of Scotland.

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