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    Iceland property market

    Long-run price index →

    House prices in Iceland rose 2.7% in the year to Q2 2026, based on BIS data. After inflation, prices lost 2.4% over the same period. Rents changed +8.5% year on year. Over five years the nominal index is +53.1%.

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    Iceland

    Iceland residential property market analysis 2026

    Last update
    Sept 2026
    Next update
    Sept 2027
    Reviewed against
    Official statistics & central bank data

    Independently researched and fact-checked against official sources. See our methodology and data sources.

    Key metrics

    We are still compiling indicator data for Iceland.

    Market analysis

    Our market analysis briefing for Iceland is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 29 September 2026

    Taxes & costs

    Our taxes & costs briefing for Iceland is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 29 September 2026

    Buying guide

    Our buying guide briefing for Iceland is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 29 September 2026

    Rental law

    Our rental law briefing for Iceland is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 29 September 2026

    Economy

    Our economy briefing for Iceland is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.

    Last updated 29 September 2026

    Sources & methodology

    Indicators are compiled from official statistics offices, central banks and international organisations.

    Read our full methodology or compare Iceland with other markets.

    Iceland property FAQs

    What is the average rental yield in Iceland?

    We do not yet publish a gross rental yield for Iceland.

    Are house prices rising in Iceland?

    Nominal house prices in Iceland changed +2.7% over the last year.

    What does it cost to buy property in Iceland?

    Transaction costs vary by region in Iceland; see the taxes and costs section for details.

    What are typical mortgage rates in Iceland?

    We do not yet publish a representative mortgage rate for Iceland; see the finance metrics above for the indicators we track.

    Can foreigners buy property in Iceland?

    Foreign-buyer rules in Iceland are covered in our buying guide section above, alongside transaction costs, taxes and the registration process.

    Where does this Iceland property data come from?

    Figures for Iceland are compiled from official statistics offices, central banks and international organisations, and were last updated 29 September 2026.

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