Compare places
Choose up to three municipalities or districts to set their figures side by side.
The figures side by side
| Measure | Shetland Islands |
|---|---|
| Price per m² | €180,869/m²Housing.series.salesAvgM |
| Change in a year | −11.2% |
| Change in five years | +20.1% |
| Next 12 months | |
| Expected, August 2027 | €184,927/m² |
| Chance of a rise | 55% |
| Affordability | |
| Payment, two incomes | 11% |
| Payment, one income | 22% |
| Buy or rent | |
| Rent per month | €1,011 |
| Owning per month | €934 |
| New homes | |
| Started, 12 months | 18 |
| Per 1,000 residents | 0.8 |
| Foreign buyers | |
| Bought by buyers abroad, 12 months | 1.8% |
| Past cycles | |
| Deepest fall | −36.1% |
| Recovery from the low | 11 months |
| People and new homes | |
| Homes finished, 2025 | 36 |
| Population change, 2025 | −92 |
| Renovation | |
| Homes from existing buildings, 2026 | 3% |
Each place's own figures where it has them; a dash means there is none. Prices are asking prices where a place has them, and bank valuations otherwise.
Prices over five years
Average sale price per home, €, monthly, with the next 12 months' expected path
Show the numbers
| Month | Shetland Islands |
|---|---|
| Aug 2026 | €180,869/m² |
| Jul 2026 | €180,950/m² |
| Jun 2026 | €188,086/m² |
| May 2026 | €195,335/m² |
| Apr 2026 | €193,045/m² |
| Mar 2026 | €183,887/m² |
| Feb 2026 | €179,276/m² |
| Jan 2026 | €169,407/m² |
| Dec 2025 | €187,584/m² |
| Nov 2025 | €186,118/m² |
| Oct 2025 | €208,005/m² |
| Sep 2025 | €192,180/m² |
| Aug 2025 | €203,669/m² |
| Jul 2025 | €193,002/m² |
| Jun 2025 | €199,552/m² |
| May 2025 | €204,782/m² |
| Apr 2025 | €217,960/m² |
| Mar 2025 | €216,406/m² |
| Feb 2025 | €201,475/m² |
| Jan 2025 | €192,344/m² |
| Dec 2024 | €183,281/m² |
| Nov 2024 | €183,023/m² |
| Oct 2024 | €197,809/m² |
| Sep 2024 | €198,855/m² |
| Aug 2024 | €205,565/m² |
| Jul 2024 | €194,528/m² |
| Jun 2024 | €195,890/m² |
| May 2024 | €192,856/m² |
| Apr 2024 | €181,942/m² |
| Mar 2024 | €194,305/m² |
| Feb 2024 | €190,031/m² |
| Jan 2024 | €194,416/m² |
| Dec 2023 | €176,200/m² |
| Nov 2023 | €167,952/m² |
| Oct 2023 | €162,929/m² |
| Sep 2023 | €162,861/m² |
| Aug 2023 | €165,814/m² |
| Jul 2023 | €165,187/m² |
| Jun 2023 | €163,457/m² |
| May 2023 | €171,460/m² |
| Apr 2023 | €179,146/m² |
| Mar 2023 | €192,184/m² |
| Feb 2023 | €188,241/m² |
| Jan 2023 | €200,710/m² |
| Dec 2022 | €198,879/m² |
| Nov 2022 | €196,264/m² |
| Oct 2022 | €191,520/m² |
| Sep 2022 | €174,441/m² |
| Aug 2022 | €183,924/m² |
| Jul 2022 | €186,403/m² |
| Jun 2022 | €195,344/m² |
| May 2022 | €191,043/m² |
| Apr 2022 | €180,377/m² |
| Mar 2022 | €178,553/m² |
| Feb 2022 | €160,857/m² |
| Jan 2022 | €157,288/m² |
| Dec 2021 | €159,675/m² |
| Nov 2021 | €171,013/m² |
| Oct 2021 | €164,444/m² |
| Sep 2021 | €150,658/m² |
Every report
Next 12 months
Shetland Islands
Sale prices have an 80% chance of landing between €141,890/m² and €227,964/m² by August 2027.
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Affordability
Shetland Islands
At the average sale price, a home costs €180,869. With 10% down and a 30-year mortgage, the payment is €834 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.
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Buy or rent
Shetland Islands
Figures for Scotland: Shetland Islands has no reliable figures of its own.
Owning the average home costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.
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New homes
Shetland Islands
75.7% fewer homes were started in the last 12 months than in an average year of the past decade.
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Foreign buyers
Shetland Islands
Figures for United Kingdom: Shetland Islands has no reliable figures of its own.
Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.
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Past cycles
Shetland Islands
Sale prices have fallen by 3% or more 21 times since 2004. The deepest began in May 2018.
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People and new homes
Shetland Islands
In 2025 the population fell by 92 while 36 homes were finished.
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Renovation
Shetland Islands
In 2026, 3% of the homes added came from existing buildings rather than new ones.
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